Narayana Murthy 70-hr workweek pitch vs new Infosys work-life balance policy: what is different?
However, this new policy has raised eyebrows, as it stands in stark contrast to what the company's co-founder expressed in his remarks last year. Murthy has never hidden his belief in extreme effort. He even opposed India's 1986 move to a five-day working week. Speaking at the Indian Chamber of Commerce centenary in Kolkata last year, he said real progress 'requires sacrifice.'At a CNBC-hosted leadership summit just weeks later, he dismissed the very idea of work-life balance, arguing that young professionals must work longer hours if India is to catch up with developed nations. His views made headlines, with many critics pointing out that tech workers already endure punishing hours without commensurate pay or adequate rest, and that burnout—not laziness—is the sector's looming threat.Infosys now promoting healthy work-life balanceThis new culture of sending health reminders to employees reportedly follows Infosys's hybrid work model, introduced on 20 November 2023. The policy mandates employees to come to office at least 10 days a month. Now, the company is also encouraging employees to prioritise their health—especially in remote work setups.Infosys's new health policy also aims to deal with the broader issue within the Indian IT sector's unhealthy work culture, which has seen a rise in cardiac incidents among young professionals. These health risks are often tied to sleep deprivation, irregular eating habits, and extended screen time. Executives familiar with internal risk assessments warn that continued overwork could hurt productivity, raise insurance costs, and worsen employee retention.- Ends
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Time of India
41 minutes ago
- Time of India
Mphasis, 6 other stocks to trade ex-dividend tomorrow. Last opportunity to buy for benefit
The shares of a few companies like Mphasis and Pfizer , among others, will start trading on an ex-dividend basis from Wednesday, as the board of these companies had previously announced July 9 as the record date for the purpose of determining shareholder eligibility. This means that investors who wish to gain from the dividends of these companies should buy the shares of these companies by the end of today's trading session, so as to qualify for eligibility. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologist Reveals: The Simple Morning Habit for a Flatter Belly After 50! Lulutox Undo What does a record date mean? Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The record date for a dividend is the cut-off date set by a company to determine which shareholders are eligible to receive the dividend. Only those who hold the company's shares on or before the record date are entitled to receive the dividend payout. If an investor buys the shares after the record date, they will not receive the dividend. To be eligible, investors typically need to purchase the shares at least one trading day before the ex-dividend date, which is usually set one or two days before the record date. Live Events Why to buy one day before the record date? After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date. The T+1 settlement system in the Indian stock market means that a trade is settled one business day after the trade date (T). So, if you buy or sell a stock on Monday (T), the settlement — i.e., transfer of shares and money — will be completed on Tuesday (T+1). Which companies go ex-dividend on Wednesday? Mphasis has declared a final dividend of Rs 57 per share Pfizer has announced a final dividend of Rs 35 per share and a special dividend of Rs 130 per share Elegant Marbles & Grani Industries declared a final dividend of Rs 1 per share Johnson Controls – Hitachi Air Conditioning India announced an interim dividend of Rs 36 per share Kabra Extrusiontechnik will pay a final dividend of Rs 2.5 per share SJS Enterprises will distribute a final dividend of Rs 2.5 per share (25%). SML Isuzu declared a final dividend of Rs 18 per share ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
