"There are many traditional business houses in India where you inherit everything and the son steps in, etc. Obviously that's not the case here. It's not what I want to do... In my case, I always feel that whatever I do should be independent of my parents."
That was Rohan Murty at 22, in an interview to The Times of India soon after his father, NR Narayana Murthy, had stepped down as executive chairman of Infosys.
Eight years on, that statement seems steeped in irony, with Infosys announcing not just that Narayana Murthy would be coming out of retirement to once again steer the company but also that his son would be joining him as executive assistant.
The founder's return, considered a desperate measure to shore up the fortunes of the software giant that has now slipped to third position by revenue after TCS and Cognizant, has been welcomed at least by certain sections, even though it was sharply at variance with his policy of adhering to a retirement age.
But his son's entry has raised eyebrows all around, considering Murthy's other stand that none of the founders' relatives should join Infosys.
Text: Indulekha Aravind, Business Standard