Nilekani, whose name is doing the rounds for Bengaluru South constituency, however, did not say when he will join Congress party.
The co-founder of Infosys said that they plan to start issuing UID number within 18 months time.
UIDAI Chairman Nandan Nilekani on Friday said he will resign from his job by March-end to contest Lok Sabha election on Congress ticket.
Leading the ambitious Unique Identification Database project, Nandan Nilekani, former Infosys co-chairman, is keen to take the "best people" from the government and outside in his core team.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
The move to set up the UID Authority of India, under the aegis of the Planning Commission, is aimed at providing a unique identity to the targeted population of the flagship schemes to ensure that the benefits reach them, information and broadcasting minister Ambika Soni told reporters here after the Cabinet meeting.
Infosys Chairman N R Narayana Murthy and its CEO Nandan Nilekani have been named as Asia's Businessmen of the Year 2003 by international business magazine Fortune.
The Congress has huge hopes from the billionaire technocrat-turned-politician, and even the UIDAI chairman -- billed as an 'ordinary Congress worker' -- is making all the right noises in the prestigious and highly-educated Bangalore South constituency. However, experts are unsure whether he will be able to counter the massive 'Modi wave' in this BJP bastion. Vicky Nanjappa reports.
The grouping, which is called Co-Impact, has been set up with an initial corpus of $500 million and will focus providing healthcare, education, and economic opportunity to the underserved populus in developing countries.
Getting Nandan Nilekani and Bimal Jalan to share ideas is a good beginning for North Block officials.
Nilekani proposes centralised PDS network, model PDS software for transparency.
IT services provider, Infosys Technologies, is likely to effect certain management changes amid industry speculation is rife that Nandan Nilekani, co-chairman, may relocate to the US for professional and personal reasons.
'Digital courts will alleviate congestion in traditional courts.'
Infosys Co-founder-turned-Aadhaar Chairman Nandan Nilekani will battle it out against five time MP Ananth Kumar in the Bangalore South constituency.
Making his wealth public a day before stepping into the fray, Infosys co-founder and Congress candidate from Bangalore South, Nandan Nilekani has declared that he and his wife Rohini Nilekani have assets worth Rs 7,700 crore.
Pai said more and more people -- whether they are employees, or investors or others -- are coming to the conclusion that this Board has to go and a new one has to come.
Infosys Technologies co-chairman Nandan Nilekani is working on a book "on weekends". The book, to be published by Penguin, will be out next year.
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.
The Karnataka unit of the Bharatiya Janata Party on Friday petitioned electoral authorities against Unique Identification Authority of India Chairman Nandan Nilekani, tipped to be the Congress's candidate from Bangalore in Lok Sabha polls, taking exception to his name and picture figuring with Aadhar Card advertisements when the Model Code of Conduct is in force.
Infosys Technologies on Friday said it would bid for multi-crore rupee projects under the Unique Identification Database Authority, which would be headed by the company's former co-chairman Nandan Nilekani, as it sees no conflict of interest.
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
It is almost official: Unique Identification Authority of India chairman and former Infosys CEO Nandan Nilekani will contest the upcoming Lok Sabha elections from South Bangalore, the IT hub, against Bharatiya Janata Party veteran Ananth Kumar.
Aadhaar will provide a big platform to fight corruption, said UIDAI Chairman Nandan Nilekani, who is expected to contest forthcoming Lok Sabha elections on Congress ticket.
The announcement was made by Finance Minister Pranab Mukherjee in his Budget speech.
Nilekani faces an uphill task in his bid to counter the massive anti-Congress wave, but that doesn't mean it will be a cake walk for BJP's Anath Kumar. Vicky Nanjappa discusses both the advantages and disadvantages of Nilekani, and also lists BJP's woes.
Nilekani also said that many start-ups would not succeed but entrepreneurs gain tremendous experience and can to go to another start-up
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.
Chandrajit Banerjee, director general, CII said: "This move will bestow the benefits of information technology to the common man and will also help establish citizenship, thus enhancing security at various levels. This would further bring transparency in different delivery channels, help in mapping diverse requirements of the nation and, in turn, assure better planning and strategisation for the country."
Infosys CEO S Kris Gopalakrishnan on Wednesday said that the IT major was looking at acquisitions in various geographies and has earmarked $450-500 million for the purpose.
With the Rs 7,800-crore (Rs 78 billion) fraud at Satyam Computer leaving India's IT sector gasping for breath, Infosys chairman Nandan Nilekani sees the fiasco as a blessing in disguise, as it will make authorities enforce better regulations and auditing mechanisms for the industry.
The Infosys co-founder has filed a complaint with the Election Commission against his opponent in Bangalore South
Philanthropist and writer Rohini Nilekani has invested across sectors such as education, environment and sanitation.
Nandan Nilekani, chairman of the Unique Identification Authority of India, on Friday sought the help of researchers in solving the 'massive computational challenges and problems' in the implementation of the UIAI project.
Ending speculation about his foray into politics, billionaire Infosys co-founder and head of Aadhar programme Nandan Nilekani on Friday said he would join the Congress and was ready to contest the Lok Sabha polls.
Nandan Nilekani, chairman of the Unique Identification Authority of India, is the latest to join a host of politicians taking to austerity and is likely to shift to the modest Karnataka Bhavan here from a 5-star hotel.
The serial blasts in Mumbai would have no impact on Indian IT industry, thriving on outsourcing, industry leaders said on Wednesday.
The Bharatiya Janata Party on Friday filed a complaint with the Election Commission against the LIC seeking a ban on its new scheme in Bangalore, alleging it is aimed at propagating the Aadhar card and helping Nandan Nilekani who is contesting Lok Sabha elections from there.
The venture is applying to the Reserve Bank of India for approvals.
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