Infosys post Murthy? Azim Premji demurs

Azim Premji refused to speculate on Infosys' performance post-NR Narayana Murthy exit.

IT czar Azim Premji today declined to offer comments on Infosys Technologies Ltd,post retirement of its Chairman N R Narayana Murthy,saying he has no “privileged knowledge”.

“Really,I cannot comment on.What I know of what is going on is what is available with the media. That’s an honest truth. I have no privileged knowledge on it”,the Wipro Chairman told reporters when asked if Infosys is going to be the same post Murthy’s retirement and his view in this regard.

Premji said “newspaper speculation” is that he (Murthy) is becoming Chairman emeritus.

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“You (media) all pick up (information) from ex-employees and existing employees just as much as we will pick up from ex-employees and existing employees”,Premji remarked. “Why don’t we wait till 30th (of April); it’s not very far off”.

Infosys founder is stepping down as the company’s Chairman in August this year. The nomination committee of Infosys is set to announce Murthy’s successor on April 30.

Being both headquartered in Bangalore,Infosys,the country’s second largest software exporter behind TCS,is often compared with Wipro,the third largest. Infosys is listed on the NASDAQ,while Wipro on New York Stock Exchange.

Some also refer them as city-based rivals in IT space.

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