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Competition brings out the best in any company and leads to innovation: Narayana Murthy

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Narayana Murthy Infosys (7)_0_0

By NewsGram Staff Writer

“Competition and regulation are the two mechanisms which can ensure that the “Invisible Hand” works to the advantage of the society,” said Infosys founder N.R. Narayana Murthy today during an event.

During the keynote address at the 6th Annual Day Lecture on ‘Creating a Better India – Musings on Economic Governance Ideas for India’ organised by the Competition Commission of India,  Murthy said that competition brings out the best in any company and leads to innovation, new ideas, services and products.

Referring to the role of regulation, Murthy advocated for swift and fearless regulatory decisions. He stressed that trust and confidence in the regulators are important to attract more and more entrepreneurs to start businesses.

Within such system, he indicated five roles which the government has to discharge viz. unanimity of conviction and integrity of belief among all political parties that solution to the problem of poverty is through elimination of friction to businesses and entrepreneurs and by creating more jobs; translating this conviction by speedy action to ensure growth of the economy and creation of better jobs; creating an independent and meritocratic judiciary with up-to-date technology, and knowledge of modern, global judicial practices and judgements; introducing transparent and stable taxation policy; and lastly using tax money wisely and efficiently to make life better for the poor by investing in education, healthcare, nutrition and shelter.

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Global Software Major Infosys Launches Learning App For Engineering Students

The platform would also assist students to stay connected with the organisation, keep up with the latest happenings, and familiarise themselves with the software major’s culture and value system

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picture from- www.dqindia.com

Global software major Infosys on Saturday launched its a next-generation digital platform called InfyTQ that aims to offer learning and engagement experiences for engineering students in the country.

The free platform is open to all engineering students in their third and fourth year across India.

The platform would be available on both mobile and desktop and is equipped with content, courses and news to establish talent readiness at an industry level through online assessments and certification, the company said in a statement.

Office Building of Infosys (Representational image).

The learning courses would be centred around conceptual and practical aspects of technology to ensure a thorough understanding of the fundamental building blocks.

The course includes hands-on learning to aid the application of concepts in the real world. The platform would evolve and offer advanced learning materials and enable virtual programming environments for certain sets of students to further hone their technical skills.

Also Read- Beta Version of ‘WhatsApp Business’ Now Available For iOS Users

The platform would also assist students to stay connected with the organisation, keep up with the latest happenings, and familiarise themselves with the software major’s culture and value system. (IANS)