15.2 C
New York
Saturday, May 18, 2024
HomeHeadline newsRishi Sunak praises father-in-law Narayana Murthy: ‘He came from nothing and just...

Rishi Sunak praises father-in-law Narayana Murthy: ‘He came from nothing and just had dream’

Date:

Related stories

Lecturing India on human rights would not work; conversation will: Indian-American lawmakers

Indian-American lawmakers have emphasized that lecturing India on human...

Kamala Harris encourages more Indian Americans to contest elections

Indian-American US Vice President Kamala Harris, while addressing the...

Hindu Groups slam Indian-American think tank’s panel selection for annual gala

A conflict has arisen between the Indian Americans Hindu...

Indian American who attacked White House pleads guilty

A 20-year-old Indian American young man from St. Louis,...

Indian spice brand faces US rejections over contamination concerns

A recent analysis of US regulatory data by Reuters...

 

The five Conservative contenders still vying to be Britain’s next prime minister clashed over tax cuts in a second televised debate on Sunday.

With no clear candidate to succeed Boris Johnson who is stepping down after a series of scandals, the battle to be the next leader remains unpredictable and increasingly fractious, exposing rifts in the ruling Conservative Party.

Ex-finance minister Rishi Sunak has emerged as the favourite among the 358 Conservative lawmakers, who will hold further votes this week to whittle down the field of contenders to a final two.

Rishi addressed the controversy surrounding his family’s wealth in a televised debate.

“My father-in-law came from absolutely nothing and just had a dream and a couple of hundred pounds that my mother-in-law’s savings provided him,” Sunak said. “And from that, he went to build one of the world’s largest, most-respected companies, that by the way, employs thousands of people here in the United Kingdom.”

He added: “It is a story I am really proud of, and as prime minister, I want to ensure that we can create more stories like that at home.”

Akshata Murty, the Indian wife of ex-finance minister Rishi Sunak, is richer than the queen as the daughter of a self-made tech billionaire and a no-less-formidable engineer and philanthropist mother.

Her father, N.R. Narayana Murthy, 75, co-founded tech giant Infosys in 1981, the outsourcing behemoth that helped drive India’s remarkable transformation into the “back office of the world”.

Borrowing 10,000 rupees ($130) from his wife Sudha to help create it, the firm is now worth around $100 billion and was the first Indian company to list on Wall Street.

One of only two non-Americans in Fortune magazine’s 2012 list of the “12 greatest entrepreneurs of our time”, the Infosys chief’s life-changing moment came in 1974 when he was locked up for four nights in communist eastern Europe.

“That cured me from being a confused leftist to a determined compassionate capitalist,” Narayana, now worth more than $4 billion, said afterwards.

Sudha, 71, meanwhile was Tata Motors’ first female engineer after famously complaining via a postcard to the chairman about the firm’s stipulation that “lady candidates need not apply”.

Regarded as “India’s favourite granny”, she is a prolific author and a powerful force in social work after setting up 60,000 libraries and building 16,000 toilets.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories