Nandan Nilekani is stepping down to take up a bigger cause -- heading a government project to provide a unique identity to each of India's citizens. S Gopalakrishnan, the CEO and MD of Infosys and a co-founder of the company, tells Bibhu Ranjan Mishra what Nilekani's exit means for the company.
Indian telecom czar Sunil Mittal and NRI businessman Anil Agarwal are among the four Indians featuring in the list of '48 Heroes of Philanthropy' compiled by business publication Forbes.
High attrition, poor infrastructure and lack of data protection laws could derail India's booming outsourcing industry, the CEO of Indian software giant Infosys Technologies said on Wednesday.
Amidst leakage of files from the Prime Minister's Office and leakage of public money in scam after scam in the Congress-led government, the claim of attempting to reduce leakage in the system by using questionable plumbers like Nandan Nilekani using UIDAI does not inspire even an iota of confidence, says Gopal Krishna
Left without as much work for all its employees, Infosys is offering some of them an option to work with a non-profit organisation for a year and get paid half their salary by the IT major, its co-founder Nandan Nilekani has said.
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
Also, UIDAI will roll out the gigantic scheme in one-and-a-half year's time and would cover 600 million people in five-and-a-half years.
'The purposes of our document are three-fold: To lay out the opportunities that India enjoys in the international sphere; to identify the challenges it is likely to confront; and to define the broad approach that India should adopt as it works to enhance its strategic autonomy in global circumstances that are likely to remain volatile and uncertain for some time to come.'
One of the chapters in the document titled 'Asian Theatre' has quite elaborate comments on China, and opines that India's China strategy has to strike a careful balance between cooperation and competition, economic and political interests, bilateral and regional contexts. Rediff.com publishes verbatim a part of the chapter 'Asian Theatre'.
Infosys Technologies Ltd will recruit 8,000-10,000 workers in the current fiscal, while its new subsidiary Infosys Consulting Inc would employ 75 people in its first year, Nandan Nilekani, managing director and CEO, said in Mumbai on Thursday.
Nandan Nilekani and his UID/Aadhaar project appear quite complicit in unconstitutional act of surrendering the country's interest in favour of a global system led by ungovernable and undemocratic business enterprises not by democratic legislatures, says Gopal Krishna
Of the, four are co-founders of Infosys.
The ambitious project --which has issued unique identification numbers to more than 380 million people, which is large than the population of several large countries in just a few years -- would still take a few more years before every Indian resident is issued with this unique number and the card having the biometric information of the individual, Nilekani told a Washington audience.
An Aadhaar-based payment structure is likely to be outlined in this year's Budget.
A task force led by Nandan Nilekani on Thursday suggested that 10 lakh business correspondents be appointed to ensure that social sector schemes' benefit reach the intended beneficiaries in about six lakh villages.
The Unique Identifiaction Authority of India is expediting creation of platforms for implementing the model, likely to include coverage of the Public Distribution System and other areas of subsidy, and also government's social sector schemes.
Software major Infosys has sought 300 acres of land in Bangalore for setting up its new campus, Infosys CEO and president Nandan Nilekani said on Tuesday.
Govt's unique identification body still in search of a clear identity.
As political leaders go, Goa's Chief Minister, the 57-year-old Manohar Parrikar, is an unusual specimen of the species. He might be the only Indian Institute of Technology graduate among India's chief ministers past or present, is a former classmate of Nandan Nilekani's, and is the sort of well-mannered host you can expect to observe social niceties.
As political leaders go, Goa's Chief Minister, the 57-year-old Manohar Parrikar, is an unusual specimen of the species. He might be the only Indian Institute of Technology graduate among India's chief ministers past or present, is a former classmate of Nandan Nilekani's, and is the sort of well-mannered host you can expect to observe social niceties.
Oil companies begin pilot testing work on direct LPG subsidy.
The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations and other regulatory aspects related to stock markets.
Over 100 people, including 20 senior consultants and at least six VPs, have quit Infosys in 6 months.
'India is about 50 years behind China in the quest to eliminate illiteracy. At this point of time, about a third of India's working age population has never been to school and on current trajectories, even 20 years from now, about almost a fifth of India's working age population will not ever have had any formal education -- not even one year of schooling.'
Stability and efficiently meeting equity should be the objectives of the forthcoming Budget.
The requirement of one million units would entail a huge market for firms such as HCL Infosystems, Geodesic, VeriFone, Visiontek and others manufacturing micro-ATMs.
Akhilesh Yadav, president of the Uttar Pradesh unit of the Samajwadi Party, tells Aditi Phadnis what his party's agenda will be if it comes to power
Aadhaar, says former UIDAI chairman Nandan Nilekani, has followed 'all the design principles laid by the Supreme Court.'
The Unique Identification Database Authority of India has been under the media glare ever since its launch and ever since former Infosys honcho Nandan Nilekani took over the reins as its chairman.
Silently, resolutely, 'Aadhaar' -- as the UID project has now been christened -- and Nilekani have succeeded in attracting some of the best and brightest that the IT world can offer, both from within India and from overseas.
UIDAI chairman Nandan Nilekani, in an interview to CNN-IBN, says that Aadhaar enabled service delivery is a far more effective way to fight corruption.
A committee on electronic toll collection headed by Unique Identification Authority of India chairman Nandan Nilekani, which is developing the equipment, has recommended using Radio Frequency Identification technology for the system, Road Transport and Highways Minister Kamal Nath told reporters.
Domestic information technology services majors Tata Consultancy Services, Wipro Technologies and Tech Mahindra and global players like IBM and Japan-based NEC are among the 10 shortlisted companies for the Nandan Nilekani-headed Unique Identification Authority of India biometrics job.
The government on Tuesday gave in-principle approval for adoption of standardised approach for collection of demographic and biometric attributes, including iris scan, of residents by various bodies for the UID project.
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
MindTree, the Bangalore-based information technology services provider, has bagged the application development services segment of the Nandan Nilekani-headed Unique Identification (UID) project, renamed as 'Aadhaar'. This is the first of the many IT projects that has come up for bidding till date.
"On a larger scale we've got to think about how we can integrate this technology into a massive effort to scale up access to financial services," the bank said.
Machines obey bumbling humanity in ageless India.
The book, 'India Can', has received praises from top business leaders including Deepak Parekh and Nandan Nilekani.
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