Behind nearly every major shift in IT policy in India, there was an intelligent -- and enterprisingly agile -- bureaucrat.
The India centre provides both e-mail and telephone-based technical support to Dell's users and develops software applications for the American parent, besides outsourcing work to companies like Infosys.\n\n\n\n
'Think of the poorest retail investor before you decide to go for an IPO'
Fortune 500 CEOs' vision of a flat world created by large and super efficient corporations without boundaries has hit a roadblock being posed by growing geopolitical and socio-cultural risks across the world, including India, a new study says.
The first batch of the Unique Identification number is expected to be ready by 2010 end, chairman of the national project Nandan Nilekani said.
For the first time ever, India's second largest software exporter Infosys Technologies would aggressively scout for talent in US universities, from where it would hire 300 fresh graduates.
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Banking as we know it will stand on its head in the next 10 years.
Parekh, who is joining the company from Capgemini, will take over on January 2, 2018..
Infosys, however, cut 2017-18 revenue growth guidance to 5.5-6.5 per cent from 6.5-8.5 per cent in constant currency.
The gap between operation and inspiration created by the premature exit of Infosys Technologies' key founder, Nandan Mohan Nilekani, is being filled by his colleagues.
Kris is gentle but firm, consultative yet decisive, and thoughtful yet action-oriented
Speaking after inaugurating a three-day annual convention and conference of Indian Institute of Architects in Bangalore, Nilekani said the new method would help reduce corruption, and enable drawing up of digital database of cities. He stressed the need for energy-efficient and sustainable buildings, and 'climate adaptation' in design.
The Nasdaq 100 index comprises the largest non-financial stocks on the exchange. In November 2006, Infosys went in for issue of $1.65 billion American Depository Receipts.
Infosys moves closer to its clientsand its U.S. competitors.
"But the real progress in India has not taken place simply because the reforms have not touched the poor people," he said at a book release function in Bangalore.\n\n
Nasdaq-listed software major Infosys Technologies said, on Wednesday, that it will recruit 8000-10,000 people this fiscal year and invest $21 million for expansion.
The results will give an indication whether Nilekani would continue with the software plus services strategy adopted by Sikka, or tweak it to reflect his worldview of the explosion in data.
N R Narayana Murthy, Nandan Nilekani and other directors of Infosys Technologies along with Foreign Institutional Investors own half of the company despite a gradual drop in their shareholdings.
The CEO of ICICI Bank is the third Indian in four years to win the accolade.
Nilekani, 54, is already credited with repainting India's image globally and will now head an authority that will create a unique electronic database of the country's citizens -- a project that many see as key to plugging loopholes in implementation of welfare schemes. As chairperson of the country's Unique Identification Authority, Nilekani would enjoy the rank of Cabinet minister.
Infosys Technologies has drawn up mega expansion plans for its subsidiary in China to build up service delivery capabilities and serve the local market.
Finance Minister Nirmala Sitharaman on Monday said technical glitches in the new income tax e-filing portal will be largely fixed in the next few days and that she has been constantly reminding Infosys about the issue. "I have been reminding Infosys (the vendor which developed the new portal) constantly, and (Infosys head) Nandan Nilekani has been messaging me with assurances that next couple of days they will sort out majority of problems," she said. To a large extent, the system is far better than what it was in June but still some issues are there, she said.
Infosys Technologies' third sponsored ADS offering has been oversubscribed 3.4 times on a global scale. Infosys has priced the offer at $53.50 taking the total value of the offer to $1.6 billion.
Infosys directors - N R Narayana Murthy, Nandan Nilekani, T V Mohandas Pai (head of HR) and five others - have collectively offered 1.3 crores
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
Nilekani talks about the Infosys success story, new challenges and future plans.
Aadhaar is something that had never been done by any government before, not even in a rich country
Nilekani is an organised person and his strength is simplification of complex ideas, said Murthy.
We are very clear we are building a company that will outlast the founders, demonstrate its longevity and sustainability, and be there for several generations, says the Infosys CEO.
One of the many contrasts that Kumar versus Nilekani highlights is that of a traditional career politician as against a highly successful professional entering politics for the first time. Rupa Subramanya reports
Software giant Wipro's Azim Premji donated Rs 9,713 crore or Rs 27 crore a day to retain his top rank among Indian philanthropists in FY21. Premji, the founder chairman of the company, increased his donation by nearly a fourth during the pandemic year, as per the Edelgive Hurun India Philanthropy List 2021, which had HCL's Shiv Nadar at second place with contributions of Rs 1,263 crore towards upliftment causes. Mukesh Ambani of Reliance Industries, India's richest man, came third on the list with a Rs 577 crore contribution and was succeeded by Kumar Mangalam Birla with Rs 377 crore.
Four of the founders of Infosys are seeking to raise about $1.1 billion by selling stakes in the company.
This time an anonymous whistleblower made an appeal to market regulator Sebi to probe an agreement made by the tech giant with some of its ex-directors.
The serial blasts in Mumbai would have no impact on Indian IT industry, thriving on outsourcing, industry leaders said on Wednesday.
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