The curtains are set to come down on one of India Inc's most celebrated succession dramas.
A memorandum of understanding was signed between the Ministry and UIDAI in the presence of Rural Development Minister C P Joshi and UIDAI chairperson Nandan Nilekani for this.
The CEO's compensation included a fixed salary component of Rs 6.07 crore, variable pay of Rs 10.96 crore and perquisites worth Rs 7.64 crore.
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 department of post has offered to include one-and-a-half-lakh post offices for this purpose initially.
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.
The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.
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.
The Unique Identification Number, renamed as 'Aadhaar', would be issued soon to Indian residents, Nandan Nilekani, chairman of Unique Identification Authority of India (UIDAI) said on Wednesday.
Manmadhan Ambu is Kamal Hassan's film all the way!
Infosys' first non-founder CEO had been granted 232,329 RSUs at Rs 5 a unit.
The 'Aadhar' unique identification number will enable inclusive growth and development for the deprived and will act as an instrument of social inclusion, UIDAI chairman Nandan Nilekani said.
In October, the chairman of Tata Sons, Ratan Tata, gifted $50 million to his alma mater, the Harvard Business School, to give back to the school - in his words - a little bit of what it had given him.
As the second phase of polling commenced on Thursday amid heightened security, bigwigs came out to cast their votes for constituting the 17th Lok Sabha. Among those who took to their respective polling booths were former Finance Minister P Chidambaram, actor-turned-politician Rajinikanth, BJP candidate from Bengaluru South Tejasvi Surya, and defence minister Nirmala Sitharaman, among others.
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
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.
Tata Consultancy Services (TCS) Vice Chairman S Ramadorai has been appointed advisor to Prime Minister Manomhan Singh on skill development. Ramadorai will enjoy the rank equivalent to a cabinet minister.
The founders, who hold 12.75 per cent stake in Infosys, together with a dozen leading institutional investors with a cumulative stake of about 10 per cent forced the Infosys board to bring back Nilekani.
The empowered committee of state finance ministers has approved the position paper of the Centre on the information technology network for the proposed indirect tax regime.
Protesters had vandalised a police station and torched vehicles in Mau. Internet services have been suspended in the district.
Stating that an economic recession gripped global economy following the lockdowns due to COVID-19 pandemic, Fitch Ratings on Friday said the initial disruptions to regional manufacturing supply chains in China have now broadened to include local discretionary spending and exports.
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 Unique Identification Authority of India, the apex agency managing the UID project, which aims to give every resident of the country a unique identity, has initiated the process to make this happen, according to chairman Nandan Nilekani.
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.
Drishti, an affordable eye care chain has lit up the lives of scores of people in rural areas.
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.
He said so far only 3 million people have been covered in the country since the project was launched by the Centre.
The Tamil actor who made his Malayalam debut with a bang in Pazhassi Raja is currently shooting for his second Malayalam movie.
Over 100 people, including 20 senior consultants and at least six VPs, have quit Infosys in 6 months.
Four of the founders of Infosys are seeking to raise about $1.1 billion by selling stakes in the company.
Chiki Sarkar's literary juggernaut.
With the first phase of Unique Identification Authority of India aiming to enrol 600 million residents of the country into its database in next four years and its possible use in improving the Public Distribution System, UIDAI chairman Nandan Nilekani on Friday said the journey will be 'long' and 'tough'.
Sanghrajka has spent 13 years in Infosys over two stints and has performed various leadership roles in the finance section.
An Indian-origin man and his two partners in one of Britain's largest investment scams were today ordered to pay nearly 115 million pounds for illegally accepting deposits from customers without authorisation from the Financial Services Authority (FSA).
UIDAI would issue unique identification numbers to the residents of the country based on the demographic and biometric data of the individual.
Nothing is more effectoive than a quiz session to unclog your mind.
In 2015, Infosys, under the leadership of then CEO Vishal Sikka, had bought Israeli automation technology firm Panaya for around $ 200 million and e-commerce service provider Skava for $1 20 million. The buyouts were mired in controversy owing to allegation of over-payment apart from not being an ideal fit.
A look at the Malayalam film Oridathoru Postman.
Toll collection is a key instrument for the government to attract private investment.
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