Narayana Murthy gifting grandson Infosys shares worth ₹240 crore sparks ‘70-hour work week’ memes, jokes | Trending

Infosys co-founder NR Narayana Murthy’s decision to gift his four-month-old grandson Infosys shares worth ₹240 crore has ignited a flurry of reactions on the Internet, particularly bringing back banter surrounding the controversial “70-hour work week” statement that he had made last year. NR Narayana Murthy gifted Infosys shares worth over ₹240 crore to his four-month-old grandson. (PTI) The software icon has gifted shares worth over ₹240 crore to Ekagrah, Rohan Murty and Aparna Krishnan’s son born last November. Hindustan Times – your fastest source for breaking news! Read now. The infant, thus, owns 15,00,000 shares, or 0.04 per cent stake, in Infosys, which was conducted off-market. Here’s what this X user posted. An individual named Abid Hassan thinks this will end the culture where influencers claim to be ‘India’s youngest millionaires’. He tweeted, “Extremely glad that Narayana Murthy ji has gifted 250 crores to his infant grandkid.” He added, “This puts an end to all these hustle influencer frauds coming on magazine covers claiming to be India’s youngest millionaires….” Another wondered if Narayana Murthy was spoiling his grandson at such a young age. This X user joked that it is the first time that the company offered such a huge package to a fresher. Ekagrah is the third grandchild of the Narayana Murthy and Sudha Murty. They are grandparents to two daughters of UK Prime Miner Rishi Sunak and his wife Akshata Murty. 70-hour work week debateNarayana Murthy sparked a discussion on work-life balance when he made a suggestion on the country’s work productivity on a podcast with Infosys CFO Mohandas Pai. Murthy stressed that youth should work for at least 70 hours a week to boost the country’s work productivity. This, in his opinion, is needed for the country to remain competitive with nations like China and Japan. During the conversation with Mohandas Pai, Murthy said, “If we want to compete with the fastest growing countries like China and Japan, we need to boost up our work productivity. At the moment, India’s work productivity is very low. The government also must reduce the time it takes for decision-making and curb corruption in bureaucracy.” “Our youngsters need to work for at least 70 hours a week,” he added.