Rebirth of India: Superior

Main text Chapter 41 Infosys

Although Sidya hated Indians very much, as he said, he did not hate money. In the end, Shakru spent 60 million to purchase the patent rights and production formula of Sildenafil. A few days later, Sidya suddenly remembered a question and asked his secretary: "Tony, I remember last time you told me that this Indian had never been in the pharmaceutical industry before, he was just a salesman of health care products. of?"

Tony nodded and replied: "That's right. According to my investigation, the only industry he currently operates is a sales company that sells Indian sacred oil as an exclusive agent. And as you can see, he is very young and has absolutely no pharmaceutical factory. and R\u0026D institutions.”

"That's strange. Then why did he buy sildenafil? Could it be that sildenafil has something to do with his current business? But that's not right either. One is a serious medicine and the other is a nonsense health product. , there is no way this can be connected. By the way, what does this Indian sacred oil do?”

"Oh, this Indian magic oil is used to prolong a man's ejaculation time." At this point, Tony seemed to suddenly think of something, and said with some hesitation: "Boss, there is an uncertain rumor about this sildenafil. ”

"What are the rumors? Tell me quickly." Sidiya asked.

"Well, several experimenters have talked privately. Some patients who participated in the clinical trial took away part of the medicine even though the medicine did not have the effect of treating cardiovascular disease. When asked why they did this At that time, they all hesitated and were embarrassed to say, but later they found out that he I felt that it would be easy to have sex after taking this medicine, so I planned to save some for later use when I was with women. However, everyone said that it was a psychological effect on him, and they just listened to it as a joke, so I didn’t use it. Seriously, has this Indian heard this rumor?" Tony said hesitantly.

Sidiya thought for a long time, and then said slowly: "That should be related to this. Send me someone to keep an eye on this matter. I may have made a loss in this transaction."

While Sidya was discussing this matter with his secretary, Shakru was conducting another negotiation that was crucial to him in an inconspicuous office in New York, except that the target of the negotiation was no longer the famous United States. Pfizer CEO Sidya, but Infosys boss Narayana Murthy, who is currently unknown in both the United States and India.

Although Murthy is known as the father of IT in India in later generations, Infosys, IBM and Accenture were among the top three global software exporters published by international outsourcing organizations in 2008. However, at this time Murthy and Infosys is in a precarious stage and is struggling to hold on.

This company was founded in 1981 with only 10,000 rupees (equivalent to US$250 in US dollars at the time). The office was an extremely small bedroom and there were only six members. It has grown to now have With nearly 2 million US dollars in revenue and more than 50 employees, it seems to be doing pretty well, but in fact it is just struggling to support itself.

Because the Indian government's control over foreign trade and mergers and acquisitions policies has restricted the company's growth rate, and because they have been living in the United States all year round, several core members have become a little bit unable to hold on. However, the biggest problem facing the company is that the United States is constantly changing. Tightening of visas for Indian software engineers may choke the company's lifeline at any time.

Therefore, as early as more than a year ago, several core members suggested that the best solution is to sell the company quickly while the company's momentum is still good, and then each find a job in a big company. Fortunately, Murthy persisted and promised, "I can buy all your shares now, but the money will be paid to you later." With this determination, he persuaded others, but once again insisted. After many years, because there is still no hope, everyone's confidence is getting darker and darker.

But what they don’t know is that as long as they survive this most difficult time, a series of good news will come soon. First, in June of this year, that is, in 1991, the Indian government will be forced to initiate economic reforms (specifically I will describe it in detail later), the rise of the outsourcing trend of large American multinational companies in the mid-1990s, and the subsequent Y2K crisis and dot-com boom, making Infosys the best representative of the rise of Indian outsourcing in the world. .

Therefore, Shakru was playing with the time difference this time and wanted to invest in Infosys when it was in the most difficult situation. So as soon as the negotiations started, Shakru dropped a bombshell: "Mr. Murthy, I am very optimistic about it." For the future development of your company, I am willing to invest 2 million to acquire 40% of your company's shares, and I will not interfere with the company's normal operations. I wonder if you are interested in this proposal, Mr. Murthy?"

Shakru originally thought that his offer was extremely generous, but unexpectedly Murthy refused: "Mr. Pandit, thank you very much for your recognition and support of our company, but I am sorry that I cannot agree to your proposal. Because you want too many shares. If you hold 40% of the shares, you will be the largest shareholder of the company. Infosys is my hard work, and I really don’t want to sell it. "

"Maybe I didn't make it clear just now. What I mean is that even if I become the largest shareholder of the company, I will not interfere with the daily operation of the company. I will only make decisions on major issues. Since I have invested, I want to make Infosys bigger and stronger, and I will not destroy your hard work." Shakru explained.

Shakru was not fooling Murty with these words. He really thought so and would do so in the future. Because he knew nothing about the software industry, he wanted to be a hands-off boss in future operations. At most, he would use the advantage of rebirth to check and make suggestions on some major issues.

Just when Murty frowned and hesitated, the other five shareholders sitting next to him looked at each other, and then one of them said on behalf of him: "Mr. Pandit, we hold 30% of the company's shares. If you are interested, we can sell our shares to you."

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