Sudha Murthy, the wife of Infosys Technologies Co-founder N.R. Narayana Murthy, has sold two million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), Infosys informed.
In 1981, Sudha sold her jewelery to give her husband Rs.10, 000 in seed money to start Infosys. This time the reason is again to fund her husband's latest venture, a venture fund called Catamaran.
Monday, November 9, 2009
Sudha Murthy sells shares to fund Catamaran
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