Now, this fund has gone into PR mode and is being featured in electronic media.
Read report here
What is more interesting are the comments made by some of the readers.
Reproduced below are these comments
Actual Translation of NRN words
by Batao Na on Dec 22, 2009 09:39 AM
In the cryptic code NRN said
"The way to succeed for any new start-up company in the IT services field is to focus on niche areas or small verticals and doing some unusual things, N R Narayana Murthy"
This translates to
" Pay poor wages and be a slave driver, Always be in recruitment mode because poorly paid slaves will keep jumping ths ship. Fudge the resume of your employees and oversell to your clients making them work is anyway clients headache. Pay media and tom-tom every mundane things you do . To get free publicity think innovative like bribing Indian government so that visiting foreign leaders are forced to add your campus visit to their schedule and media accompanying them give you free coverage this is lot cheaper then direct advertising"
| Treat Your Employees as Beggars to be a Successful Businessmen by historyrepeats on Dec 21, 2009 03:57 PM | Hide replies a) Give pittance salary. b) Be biased in promotion,increment and rise. c) Promote those who don't deserve only d) Encourage dispute amongst employees. e) Keep your spy in the employees to be updated f) Never bring talent people on top. g) Hire corrupt ppl on top hierarchy h) During economic slowdown,do cost cutting or retrenchment of junior level employee only. i) Keep folling employees with long term benefits. j) Keep good relations with Politicians. k) Offer salary which does not commensurate with the candidate's talent. l) Give raise to employee who is lazy and a treachere to company. m) Don't spend money on employee' s welfare. n) Do small contribution on CSR with profit in mind and propagate it as you care and concern for Social & Environmental issue. In short, be a cunning businessman and don't believe in servicing your client and keep them on toes. The work which could be completed in a jiffy , spends months to show the biggest work done for clients and in return fleece the clients and ask to shell them big amount for work done. Customer is Kind only on papers-Remember. Talk high on Mission, Vision and Value but never practice what you preach. |
These are serious charges and most of them seem to stick given Infosys track record.
Will the real Narayan Murthy stand up and answer them?
