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
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.
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.
Infosys pointed out that it is not uncommon for plaintiffs' lawyers to issue press releases or other media communications asking potential plaintiffs to contact them in order to apply for lead plaintiff status in an existing lawsuit. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
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
While New Jersey, US-based OrbitBeyond leads a consortium of subcontractors who have designed and developed hardware for deep space missions, Bengaluru-based Team Indus is leading OrbitBeyond's lander engineering, reports T E Narasimhan.
Mukesh Ambani of Reliance Industries, Nandan Mohan Nilekani of Infosys Technologies and Ratan Tata of the Tata group - have figured in this year's list of World's 50 most respected business leaders.
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.
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.
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
Launching our new Election Gupshup series: Congress pulls out its Brahmastra to dent the Modi mystique.
"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.
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
Infosys now plans to re-purpose Skava's micro services-based business and re-focus Panaya's suite of products.
Infosys CEO Vishal Sikka on Wednesday said the founders of India's second largest IT services firm Infosys still remain committed to the firm and the sold stock will be used for philanthropic purposes.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Bill Gates specifically complimented India's Aadhaar identity system and the country's performance in the financial services and pharma sectors.
'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'.
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.
Sore points: Sikka's salary, high severance pay to executives, poor disclosures.
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.
Govt's unique identification body still in search of a clear identity.
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
With employees as brand ambassadors, can the company get the grime off its image?
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
Machines obey bumbling humanity in ageless India.
'It is astonishing that such a serious issue be handled in so casual and cavalier a fashion, but this has become what is expected of this government,' observes Aakar Patel.
Sharad Sharma, co-founder and governing council member at iSPIRT, on Tuesday admitted using anonymous accounts to troll on social media those who raised questions on Aadhaar and its applications by the government.
Aadhaar now has legal backing but it still faces challenges of privacy and data sharing
Oil companies begin pilot testing work on direct LPG subsidy.
The matter pertains to the Rs 173.8 million severance offer given to former CFO Rajiv Bansal in October 2015 when he was allegedly forced to step down due to differences with then chief executive Vishal Sikka over the acquisition of Israeli technology firm Panaya for $200 million.
Nandan Nilekani said plans are on track to issue Aadhaar numbers to 600 million (60 crore) people in three to three-and-half years.
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