Noting that Aadhaar was an 'irreversible process', Unique Identification Authority of India Chairman Nandan Nilekani said on Friday they have targeted to enroll 60 crore (600 million) people by 2014.
The government must be the initial driver.
The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".
He also made an appeal not to 'overblow' the issue of data breach.
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
The book, 'India Can', has received praises from top business leaders including Deepak Parekh and Nandan Nilekani.
The UIDAI chairman said people have started relaising the benefits of aadhaar numbers and how it could help them in multiple ways -- from opening a bank account to avail the benefits of various social welfare schemes.
Infosys' first non-founder CEO had been granted 232,329 RSUs at Rs 5 a unit.
Nandan Nilekani, the chairperson of Unique Identification Authority of India and former Infosys CEO, has said that activist Anna Hazare's protest was unjustified when the Lokpal Bill was before Parliament for consideration.
Infosys and its CEO Nandan Nilekani are both working towards becoming global brands.
The Unique Identification Authority of India (UIDAI) set up recently by the government, will establish an online data base with identity and biometric details of Indian residence and provide enrolment and verification services across the country.
It is now looking at a solution from the Unique Identification Authority of India for ensuring accurate identification of the beneficiaries of its low-cost services.
According to reports, an anonymous group that calls itself "ethical employees" have written to the Infosys Board as well as American regulator US Securities and Exchange Commission with the allegations. They have claimed that they have emails and voice recordings to substantiate the same.
The time is ripe to accede to the founders' plea to declassify them as promoters.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
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'.
Speaking at a function to release 'Annual Status of Education Report' of NGO Pratham, Nilekani said that UIDAI wants to use technology for better delivery in education.
Parekh, who is joining the company from Capgemini, will take over on January 2, 2018..
Infosys co-founders N R Narayana Murthy and Nandan Nilekani along with their family members on Monday sold shares worth Rs 6,484 crore in the country's second largest software services firm.
At least 2,00,000 traders encountered difficulties in August, September, and October since there was no editing facility in summary return filing.
The recently established Unique Identification Authority of India has got its official address and is likely to move in soon from its temporary office in the Planning Commission.
Registrars would be appointed who would see the preparations and the implementation of the scheme for the cards at State level.
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.
Aadhaar is something that had never been done by any government before, not even in a rich country
Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan Nilekani was quoted as saying on Friday. "Acquisitions will definitely be very accessible in this market from a price point of view," Nilekani told the Wall Street Journal in an interview. "If it makes sense, we'll do it."
As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.
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.
Nandan Nilekani exits for a high-profile govt job, but two low-profile founders have built successful careers after quitting.
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.
S D Shibulal, former chief executive and managing director of Infosys, has joined the ranks of the company's other founders in nurturing start-ups.
Stating that India has some brands that have already well established, Nadella said there was stunning cross section of starts ups in the country.
Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.
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.
Nandan Nilekani, erstwhile CEO and a founder of Infosys Technologies Limited, who is currently co-chairman of its board of directors, offered a peek into his forthcoming book Imagining India, which he said attempts to alleviate a gap in understanding India, while delivering the kick-off Global Leader Lecture at Johns Hopkins University's School of Advanced International Studies.
The latest whistleblower complaint accusing him of pressuring finance team members to inflate profitability has come right out of the blue. There's another allegation that he made racist remarks against some board colleagues. For a man with a singular focus on the business and clients, all of this must have blindsided him.
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.
The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar.
Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.
Of the, four are co-founders of Infosys.