Speaking at a Small and medium enterprises (SME) event organised by ICICI Bank in Mumbai on July 1, Murthy said, "Bring the bad news early and pro-actively to your investors. I always say, let the bad news take the elevator, good news can take the steps."
The 66-year-old Infosys chief said, "So as long as you are willing to be open to bring the bad news to the investors, then they will trust you."
Advising the traders of not to be "hesitant" while updating their investors, Murthy added, "If they (investors) trust you, then you can take bold and tough decisions."
Murthy resumed his journey with the IT giant when the company encountered with one of its toughest challenges. Infosys re-appointed Murthy as Executive Chairman of the company on on June 1, 2013, five years after his retirement.
Speaking about the sudden decision taken by the company, Murthy was quoted as saying, "This calling was sudden, unexpected, and most unusual. But, then, Infosys is my middle child. Therefore, I have put aside my plans-in-progress and accepted this responsibility."
Narayana Murthy's son Rohan Murty too joined the company. Official press release of Infosys said, " Narayana Murthy intended to create Chairman's office to assist him during his tenure. His son Rohan Murty would be his executive assistant.