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IIT or <a href="http://www.businessinsider.in/searchresult.cms?query=Indian+Institute+of+Technology">Indian Institute of Technology</a> is India’s premier technology institute (as if you don’t know). Word of mouth is back in the Valley (<a href="http://www.businessinsider.in/searchresult.cms?query=Silicon+Valley">Silicon Valley</a>, San Francisco Bay), the world’s global tech capital, people utter ‘<a href="http://www.businessinsider.in/searchresult.cms?query=Indian+Institute+of+Technology">IIT</a>’ with the same reverence as ‘<a href="http://www.businessinsider.in/searchresult.cms?query=MIT">MIT</a>’. 
 
Notable IIT alumni include <a href="http://www.businessinsider.in/searchresult.cms?query=Google">Google</a> CEO <a href="http://www.businessinsider.in/searchresult.cms?query=Sundar+Pichai">Sundar Pichai</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=Infosys">Infosys</a> founder <a href="http://www.businessinsider.in/searchresult.cms?query=N.R.+Narayan+Murthy">N.R. Narayan Murthy</a>, and <a href="http://www.businessinsider.in/searchresult.cms?query=Sun+Microsystems">Sun Microsystems</a> co-founder <a href="http://www.businessinsider.in/searchresult.cms?query=Vinod+Khosla">Vinod Khosla</a>. However, with fame comes pressure. 
 
Here are some of the woes every average IITian deals with: 
 
#1 Social Media hate for ‘wasting public money’ 
Scan social media, and you’ll find widespread hate and animosity because of the amount of money the government spends on educating IITians. They are supposedly a liability for the nation. 
 
Comments like ‘Our IITs have swallowed 1000 Crores each year for 60 years and haven’t done any net real value addition to 1.3 billion people’, or ‘Ask for tenders from private people globally to operate and manage all govt run academic institutions under license for 30 years (without selling any real assets) and let govt stop interfering.’ 
 
Is it reasonable to hand over the country’s brightest brains to money mongers? Shouldn’t quality education be available to all? 
 Internet tolls, if you haven’t cracked <keyword id="1629952" type="UNKNOWN" weightage="100" keywordseo="JEE-mains">JEE Mains</keyword> and Advanced, it means you haven’t worked hard enough. IITians can be anything, lucky isn’t one of them. 
 
#2 Bhai, tera package kitna hai? (Dude, what’s your package?) 
The idea is ‘IITians mostly settle abroad. Those who remain draw annual salaries of over Rs. 25 lakhs.’ 
 
Reality is 80% of IIT salaries remain below Rs. 12 lakhs p.a. It’s easy to file an RTI and find this out, but spreading social media hate is just easier. 
 
Also, if you’re cribbing they’re ‘taking away’ your job, people like <a href="http://www.businessinsider.in/searchresult.cms?query=Infosys">Infosys</a> founder <a href="http://www.businessinsider.in/searchresult.cms?query=N.R.+Narayan+Murthy">N.R. Narayan Murthy</a> and the Bansals of <a href="http://www.businessinsider.in/searchresult.cms?query=Flipkart">Flipkart</a> are offering thousands of jobs. If you can’t land a job, you’re not good enough. 
 
Work hard, and by the way, get a life. 
 
#3 You must be Superman! 
Not every IITian wants to go to an IIM or join the IAS. 
 
The idea is that if you’re from IIT, you’re a master in everything. If your package is anything below Rs. 30 to 40 lakhs per annum, you spent your IIT days dating random girls, getting sloshed and smoking LSD. 
 
My idea is that IITs should feel like the Navy Seals training program. So much stress. They’re 18 year olds right out of school for god’s sake. They’re in college to study, not in a mission to kill <a href="http://www.businessinsider.in/searchresult.cms?query=Osama+bin+Laden">Osama bin Laden</a>! 
 
Bad parents, an IIT degree doesn’t come with a confirmed job offer from <a href="http://www.businessinsider.in/searchresult.cms?query=Google">Google</a>. Also, don’t salivate over the prospect of 30% hike on dowry. 
 
That’s just sick…and a crime. 
 
Love on Campus? 
IITians are blessed with a 10:1 ratio of boys to girls. 
 
If you’re a man, you may not find many girls to chat or date. 
 
If you found love on campus…you deserve respect. 
 
Image credit: Indiatimes

4Disadvantages of studying at IIT

After the multi-million dollar coal allocation scam, often referred as‘<keyword id="981763" type="UNKNOWN" weightage="20" keywordseo="Coalgate">Coalgate</keyword>’ by the media, <keyword id="6354512" type="CITY" weightage="20" keywordseo="Infosys">Infosys</keyword> founder N R <keyword id="6355623" type="PERSON" weightage="20" keywordseo="Narayana-Murthy">Narayana Murthy</keyword> has requested the BJP government to draft a mechanism under which honest politicians, bureaucrats and businessmen can do their work without fear. On Monday, Murthy told TOI that “All three have to be protected and in particular bureaucrats because they have to take decisions every day and if we create a fear psychosis there is no way our <keyword id="34412" type="ORGANIZATION" weightage="20" keywordseo="economy">economy</keyword> can progress." 

	He further stated, "It is very important that this government, which has done a lot of good things, takes this up on an urgent basis."
 Recently, a special court had summoned former prime minister <keyword id="6359397" type="PERSON" weightage="20" keywordseo="Manmohan-Singh">Manmohan Singh</keyword> along with renowned industrialist <keyword id="6354955" type="PERSON" weightage="20" keywordseo="Kumar-mangalam-birla">Kumar Mangalam Birla</keyword>, ex-coal secretary P C Parakh along with three others as accused in a case pertaining to allocation of Talabira-II coal block in Odisha in 2005 and asked them to appear before it on April 8, reported PTI. This summon has also shaken <keyword id="46431" type="CITY" weightage="20" keywordseo="India-Inc">India Inc</keyword> at a time when the central government is trying its best to revive sentiment and boost the economic growth, the Economic Times report stated. 

	Murthy, who is also shocked with the latest development, told TOI, "I have known Mr Kumar Mangalam Birla for a long time. He is a good man. He is a decent man. He is very much a progressive modern business leader of this country. It is very important that as we move forward, we ensure that people like him, and there are many others among bureaucrats, among politicians and amongst business people, that we do not get their names maligned unless they are guilty.”
 

	And for this, "a mechanism that enhances transparency of such interactions is very important,” he added.
 

	Praising the initiative that the government took for the auction of coal blocks and telecom spectrum, Murthy stressed upon the need to provide transparency, clarity and speed in every decision for allocation of all public resources.

	(Image:

Narayana Murthy wants the government to protect honest bureaucrats and politicians. Know why!

The growing start-up culture has certainly grabbed the attention of investors across India and overseas. But it is these beneficiaries that have generously become the patrons of many budding entrepreneurs. BI India lists down the top four investors, who have helped several start-ups and new firms to realise their dreams. 
	 
	<keyword id="6360722" type="PERSON" weightage="20" keywordseo="ratan-tata">Ratan Tata</keyword> 
	 Ratan Tata, chairman emeritus of Tata Group, turned a patron for start-ups in India in early 2014 when he invested in Boston based wind energy firm Altaeros Energies. He then went on to invest in several Indian eCommerce firms such as online jewellery retailer Bluestone, etailer Snapdeal, online lifestyle store Urban Ladder, online payment solutions <keyword id="6357120" type="UNKNOWN" weightage="20" keywordseo="PayTM">Paytm</keyword> and online car retailer <keyword id="2702185" type="UNKNOWN" weightage="20" keywordseo="CarDekho-com">Cardekho.com</keyword>. 
	 
	The 77 year old private equity investor has also invested in social welfare firms such as Swasth India, Grameen India that focuses on microfinance, education and healthcare among others that caters to the lowest rung of the pyramid. 
	 
	<keyword id="6419840" type="PERSON" weightage="20" keywordseo="Azim-Premji">Azim Premji</keyword> 
	 
	This tech titan has set up a investment firm called Premji Invest in 2006 that invests his personal wealth in both listed and non listed companies including startups. The investment arm has preferred to remain low key and has never made its investments public. However, the firm did make investments in Snapdeal, Big Basket, Amagi Media among several others. 
	 
	NR Narayan Murthy 
	 
	The Infosys founder’s investment firm, Catamaran Ventures, has been encouraging startupreneurs by funding their companies. He feels that India’s future lies with the budding entrepreneurs. His investment firm has invested in startups such as Innoviti Payment Solutions, an online payment company, and Coverfox, an online insurance portal. 
	 
	<keyword id="249393" type="PERSON" weightage="20" keywordseo="Rajan-Anandan">Rajan Anandan</keyword> 
	 
	Search giant Google India’s MD, Rajan Anadan, is an angel investors for many startups. He primarily invests in technology startups and invested in 14 startups in 2014. Do we need to say more? 
	 
	Image Credit: Indiatimes.com

These investors have turned patrons for startups in India

When no one was willing to help the IT giant <keyword id="6354512" type="CITY" weightage="100" keywordseo="Infosys">Infosys</keyword> during its infancy, the <keyword id="58906" type="ORGANIZATION" weightage="100" keywordseo="Karnataka-government">Karnataka government</keyword> came to their rescue, said Infosys cofounder NR Narayana Murthy gratefully acknowledging their contribution in the company’s stellar success. 

	Murthy said it had approached Citibank, Bank of America and a few other banks seeking a loan of Rs 50 lakh, but none of them responded. 
 

	Finally, it was Karnataka State Finance Corporation and Karnataka State Industrial Investment &amp; Development Corporation that provided the much needed loan without expecting anything in return, Murthy said.

	 
	 
	(Image credits: indiatimes)

Infosys credits its stellar success to the Karnataka Government. Know why

<ul><li>India added three billionaires each month last year after the national stock market surged 15%. </li><li>It added a total of 34 new billionaires, becoming the third largest country with ultra-rich persons after China and US, according to Hurun Rich list. </li><li>Among the biggest gainers were <keyword id="111343" type="PERSON" weightage="20" keywordseo="Gautam-Adani">Gautam Adani</keyword>, <keyword id="6358599" type="UNKNOWN" weightage="20" keywordseo="sunil-mittal">Sunil Mittal</keyword>, <keyword id="6505089" type="UNKNOWN" weightage="20" keywordseo="Radhakishan-Damani">Radhakishan Damani</keyword> etc. </li></ul>Despite economic slowdown, India added three billionaires every month last year after the national stock markets surged. The country added a total of 34 new billionaires, becoming the third largest country with ultra-rich persons after China and US, according to Hurun Rich list. “It has been a good year for the stock markets generally. Nasdaq led the way with a 26% increase, whilst India and China’s stock markets rose 15% and 14%,” <keyword id="448667" type="PERSON" weightage="20" keywordseo="Hurun-Report">Hurun Report</keyword> chairman and chief researcher Rupert Hoogewerf said. Gautam Adani, Sunil Mittal, Radhakishan Damani, NR Narayan Murthy were on the top of the top gainers list. <div type="Slideshow" msid="71833701" hostid="261" title="Here how much Mukesh Ambani, Gautam Adani and other top billionaires earned during India’s massive slowdown" firstImageMsid="71833798" slideCount="5"></div>

The Indian billionaires who increased their wealth the most in 2019 according to Hurun rich list

<ul><li><keyword id="207812" type="POSITION" weightage="20" keywordseo="Infosys-co-founder">Infosys co-founder</keyword> <keyword id="385878" type="ORGANIZATION" weightage="20" keywordseo="SD-Shibulal">SD Shibulal</keyword>’s family sold 85 lakh of their equity shares in the IT company. </li><li>The total amount of the sale came up to nearly ₹780 crore. </li><li>Shreyas Shibulal sold the largest percentage of 0.09% according to exchange filings. </li></ul><keyword id="6354512" type="COMPANY" weightage="20" keywordseo="Infosys">Infosys</keyword> co-founder SD Shibulal’s family members sold 85 lakh equity shares in the Indian IT services company for nearly ₹780 crore . The sale represented around 0.20% of Infosys’ total shares. The family plans to use its earnings from the stake sale for philanthropic and investment activities. <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Person </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Value of shares traded </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Stake </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Shreyas Shibulal </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 365.67 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.09% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kumari Shibulal </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 109.69 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.03% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Gaurav Manchanda </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 164.47 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.04% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Milan Shibulal Manchanda </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 137.18 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.03% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TOTAL </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹ 777.01 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.19% </td></tr></tbody></table>Source: NSE filing by Infosys As of June 30, the group together held around 2.24% stake in Infosys. Shreyas Shibulal, who sold the largest stake, is the son of Infosys co-founder SD Shibulal.In 2019, he founded Micelio, a start up fund focused on the development of electric vehicles based out of Bengaluru. SD Shibulal was one of the seven founding members of Infosys alongside NR Narayan Murthy, Nandan Nilekani, NS Raghavan, S Gopalkishnan, K Dinesh, and Ashok Arora. He served as the CEO and MD of the IT company from 2011 to 2014. After he stepped down from the post in July 2014, he co-founded Axilor Ventures, a venture capital service for young entrepreneurs. In the first quarter, Infosys reported a 4.5% sequential drop in profit and 2% dip in revenue. Despite being in the red, it beat out the earnigns of other IT giant behemoths like Tata Consultancy Services (TCS) and WIpro. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/infosys-vs-tcs-vs-wipro-comparison-of-share-price-and-earnings/articleshow/76996578.cms" style="">Infosys shares are on fire because it beat TCS and Wipro⁠— and gave a soothing guidance</a> <a href="https://www.businessinsider.in/careers/news/tcs-infosys-hcl-tech-and-wipro-open-up-lateral-hiring-as-more-people-walk-out-the-door-during-the-covid-19-pandemic/articleshow/77045880.cms" style="">TCS, Infosys, HCL Tech and Wipro open up lateral hiring as more people walk out the door during the COVID-19 pandemic</a> <a href="https://www.businessinsider.in/careers/news/infosys-work-from-home-not-permanent-says-coo-pravin-rao/articleshow/76995155.cms">Infosys is still on the fence when it comes to making work from home a permanent change</a>

You Searched For "NR Narayan Murthy" and got 6 results

4Disadvantages of studying at IIT

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Narayana Murthy wants the government to protect honest bureaucrats and politicians. Know why!

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These investors have turned patrons for startups in India

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Infosys credits its stellar success to the Karnataka Government. Know why

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The Indian billionaires who increased their wealth the most in 2019 according to Hurun rich list

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85 lakh Infosys shares sold for a whopping ₹777 crore by company co-founder SD Shibulal’s family

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