IITians need to play a larger role in nation building and contribute to society. This could vary from mentorship, creation of jobs and broader wealth creation, said Nandan Nilekani, co-chairman and co-founder of Infosys Technologies Ltd, during the weekend.
Infosys Ltd co-founder Nandan Nilekani has joined the Congress party and will contest Lok Sabha polls from Bangalore South.
He is followed by Nandan Nilekani and Narayan Murthy in Hurun India Philanthropy List
Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways.
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.
Meanwhile, the grand pre-shaadi celebrations continue.
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.
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.
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 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."
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'.
Infosys chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services.
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.
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.
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.
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.
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.
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
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
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 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'.
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.
Of the, four are co-founders of Infosys.
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
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.
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.
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.
Oil companies begin pilot testing work on direct LPG subsidy.
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.
Over 100 people, including 20 senior consultants and at least six VPs, have quit Infosys in 6 months.
'India is about 50 years behind China in the quest to eliminate illiteracy. At this point of time, about a third of India's working age population has never been to school and on current trajectories, even 20 years from now, about almost a fifth of India's working age population will not ever have had any formal education -- not even one year of schooling.'
Stability and efficiently meeting equity should be the objectives of the forthcoming Budget.
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
