Artifical Intelligence is rewriting the grammar of software development. And writing codes will no longer be the central role for tech professionals, Infosys co-founder Nandan Nilekani said Tuesday.
Infosys on Tuesday unveiled its AI First Value Framework, positioning itself to capture an estimated $300-400 billion incremental AI services opportunity by 2030, as global enterprises accelerate adoption of generative and agentic AI.
Shiv Nadar and family donated Rs 2,708 crore (Rs 27.08 billion) in 2024-2025.
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
Unlike AI uses for consumers, the next generation technology for enterprises will unfold over several years and the biggest challenge is to unleash AI for next wave of productivity for businesses, Infosys chairman Nandan M Nilekani said on Wednesday. While speaking at 43rd annual general meeting (AGM) of Infosys, Nilekani said the initial AI doomerism has quietened down and people have accepted that, like any other general-purpose technology -- electricity, nuclear energy, the internet etc, gen AI (generative artificial intelligence) has enormous potential for good when advanced within the guardrails of responsibility.
An initiative of Nandan Nilekani's EkStep Foundation, people+ai on Tuesday unveiled its vision for the future of Artificial Intelligence (AI) in India, dubbed 'Adbhut India' (Amazing India). It aims to harness AI as a powerful tool to enhance the lives of all Indians. The event marked the rollout of several initiatives by people+ai that are focused on discovering, demonstrating, and disseminating population-scale AI use cases for India.
'Binary fission will happen -- startups will lead to more startups.'
Artificial Intelligence-first business strategy adopted by Infosys is working well for the company despite unresolved ethical and IPR issues around the technology, Infosys chairman Nandan Nilekani said on Wednesday. In his address at Infosys' 42nd Annual General Meeting, Nilekani said the company can be more efficient while nurturing readiness for growth, given its performance in challenging scenarios created by inflation, interest rates, geopolitics, demand volatility and supply chain dislocations. "Several practical, ethical and intellectual property-related issues, when it comes to AI remain unresolved.
Nandan Nilekani, co-founder and chairman of Infosys and the founding chairman of UIDAI, has donated Rs 315 crore to the Indian Institute of Technology (IIT) Bombay.
'It allows everybody to participate and controls all assets.' 'We want to have something that allows everyone to participate and control all kinds of assets.'
Linking businesses with account aggregator (AA) network -- a financial data sharing platform -- will help small entrepreneurs get easy access to credit and create millions of jobs, Infosys Technologies co-founder and chairman Nandan Nilekani said on Tuesday. He made the remarks during a session at the 'GSV + Emeritus India Summit' event in Gurugram. In the Budget for FY24, the government said that the GST system could join the account aggregator network, which means that every company in the GST system can ask for its data back which includes their tax filings and invoices, Nilekani said.
Arghyam Foundation on Monday said Rohini Nilekani has decided to retire from the foundation as Chairperson and member of the board on September 30, 2021. She will be succeeded by Sunita Nadhamuni, currently a member of the board at Arghyam and Head of Digital LifeCare, Dell Giving and Social Innovation at Dell Technologies. Rohini Nilekani, the wife of Infosys co-founder and chairman Nandan Nilekani, had set up the foundation in 2001 as a vehicle for her personal philanthropy.
Co-founder Nilekani could take the role of non-executive chairman, becoming a bridge between the board and Murthy, reports Ayan Pramanik.
'Digital courts will alleviate congestion in traditional courts.'
'We are the only country in the world where everybody gets a digital vaccination certificate immediately... Then as we open up, as they did yesterday, which I think is a welcome move, you will have lots and lots of points where people will come in'
Aadhaar architect Nandan Nilekani on Friday India is well-placed on the government and businesses fronts to leverage artificial intelligence (AI) in unique ways to solve challenges and tap into opportunities. Nilekani noted that over the last few years, the government has focussed on how to make transactions more efficient and effective, which has driven digitisation across the board. He added that as a byproduct of this, huge data now across systems has been generated and that the time is right to apply AI across the board to India's most challenging issues across areas like healthcare and education.
Infosys co-founder and face of the United Progressive Alliance government's flagship 'Aadhar' programme, Nandan Nilekani resigned as chairman of Unique Identification Authority of India, on Thursday three days after joining Congress.
Data privacy, he said, is a broader argument beyond Aadhaar as it includes everything such as issues related to mobile phones and social media data.
Drishti was started by IT professionals Kiran Anandampillai and Anjali Joshi.
Nilekani has kept pace with technology advances, has been instrumental in digitalising the country, and is well-networked with the bureaucracy and global leaders
Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
Invests $50 mn in 11 entities in just over a year, commits $25 mn more; prefers putting money in firms trying to solve India-specific problems
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
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.
Infosys co-founder and Congress candidate from Bangalore South Nandan Nilekani has conceded defeat to his formidable rival BJP's Ananth Kumar even as the counting of votes progressed.
Nilekani has been maintaining silence on reports about his political plans, which has gained more currency after the KPCC reportedly shortlisted his name among the three probable candidates for Bangalore south recently.
The statement by Nandan Nilekani that the ambitious Unique Identification card will be for all residents of India including non-citizens on Friday triggered a controversy with the Bharatiya Janata Party demanding a statement from the government.
The award will be presented to Nilekani by Yale University president Richard C Levin at the Yale CEO Leadership Summit of The Chief Executive Leadership Institute.
Fighting Nandan Nilekani to extend his record winning streak in Lok Sabha polls here, senior Bharatiya Janata Party leader Ananth Kumar says the former Infosys chief has committed "hara-kiri" by fighting on a Congress ticket as the party on Sunday symbolises "corruption and scams".
The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.
The Mubble app helps users track and control their mobile data usage and telecom spends.
Nilekani said the issue has been blown out of proportion as Aadhaar have built far too many security layers and it is not possible to randomly pore it.
Chandra Sekhar Pemmasani, the Telugu Desam Party's Lok Sabha candidate from Guntur, has Rs 5,700 crore in declared family assets.
Nilekani says life has come a full circle for him, as he heads back to the company he co-founded over three decades ago.
Unique Identification Authority of India chairman Nandan Nilekani said the Aadhar number "dramatically improves the convenience" and makes the life "simpler".
Infosys co-founder and Unique Identification Authority of India Chairman Nandan Nilekani, tipped to contest from Bangalore South on a Congress ticket, will be officially joining the ruling party on Sunday.
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Banking as we know it will stand on its head in the next 10 years.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
We followed the highest standard of corporate governance and disclosures, says Nilekani.
University called Nilekani 'more than a business leader'.
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