Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
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.
A draft bill on the Unique Identity Project would be made public within the next one month, chairman of UIDAI Nandan Nilekani said on Tuesday. "We need an Act to govern a regulatory body like UIDAI. The draft of the Act will be put for public discussion in the next four weeks," he told reporters on the sidelines of a Confederation of Indian Industries function in New Delhi.
According to sources, the task force made a separate presentation on fertiliser, LPG and kerosene, covering issues like existing subsidy regime and the proposed new model.
Nandan Nilekani and Ajay Banga attended the Clinton Global Initiative.
At least 60 crore people would get their Unique Identification Numbers (UIDs), a much-touted initiative of the government, in the next 4-5 years, its project chief Nandan Nilekani said.
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
I think instead of waiting for leaders, each of us can resolve to be a leader in his or her own right, in whatever area we chose to do.
Nandan Nilekani, chief executive officer of IT major Infosys Technologies will be among the world's most prominent business leaders who will address the prestigious 'Fortune 2005 Global Forum' to be held in Beijing from May 16-18.
The curtains are set to come down on one of India Inc's most celebrated succession dramas.
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.
The Infosys co-founder has filed a complaint with the Election Commission against his opponent in Bangalore South
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
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.
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.
Drishti was started by IT professionals Kiran Anandampillai and Anjali Joshi.
Nandan Nilekani-led task force on an Aadhaar-enabled unified payment infrastructure has recommended setting up a network of one million interoperable micro-ATMs across the country.
Nearly two months into his new job as the head of the Unique Identification Authority of India, Nandan Nilekani says the real beneficiary of the project will be the poor who have no identity at present.He is in a hurry because "the next 12-18 months are very critical in getting this project off the ground," by when the first set of identity numbers will be issued. If all goes well, five years from now the UID data base will cover a few hundred million people.
The government on Monday constituted an inter-ministerial task force under UIDAI chairman Nandan Nilekani for evolving mechanisms to provide direct subsidies on kerosene, cooking gas and fertilisers to intended beneficiaries.
Nilekani, whose name is doing the rounds for Bengaluru South constituency, however, did not say when he will join Congress party.
Nilekani, who has been appointed by Prime Minister Manmohan Singh to head the National Authority for Unique Identity, has been in the news for providing a unique identification number to all Indians.
Indian businessmen on the forum would also include Baba Kalyani of Bharat Forge, Sunil Kant Munjal of Hero Honda, Nandan Nilekani of Infosys, Vikram Kirloskar of Toyota Kirloskar and Deepak Parekh of HDFC.
Infosys CEO Nandan Nilekani has been named as 'Businessman of the Year' for 2006 by Forbes Asia for his "nimble" stewardship in keeping the company ahead of peers in the global outsourcing phenomenon.
The first set of unique identification numbers will be issued to the citizens within 12-18 months, high-profile IT expert Nandan Nilekani said soon after taking over as the head of the newly-created Unique Identification Database Authority of India (IDAI) on Thursday.
Nandan Nilekani, who has been appointed as head of the Unique Identification Authority, said he would ensure there is no conflict between his present role and the interests of Infosys Technologies.
Nandan Nilekani and his wife Rohini donated Rs 50 crroe to the Indian Institute for Human Settlements, which plans to transform hordes into urban practitioners and may save our cities by doing so.
'Binary fission will happen -- startups will lead to more startups.'
The venture is applying to the Reserve Bank of India for approvals.
Nandan Nilekani will have the responsibility to lay down plans and policies to implement the Unique Identity card scheme and shall own and operate the UID database. The authority was notified on January 28 this year as an attached office under the aegis of the Planning Commission with an initial core team of 115 officials and staff. The scheme will be implemented in three years.
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.
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.
He is changing the company as it changes the way the world does business.
IT major Infosys Ltd on Wednesday maintained that its performance in the first quarter ending June 30, 2005 will be flat while it is acquiring new clients at better prices.
He said so far only 3 million people have been covered in the country since the project was launched by the Centre.
Nilekani is the president of NCAER's governing body, while Rohini Nilekani is the Founder-Chairperson of Arghyam, a foundation that supports initiatives around the country for safe and sustainable water and sanitation.
Reliance Chairman Mukesh Ambani, Infosys Chief Executive Officer Nandan Nilekani, and Apollo Hospitals' Chairman Pratap Reddy are among the top managers BBC will feature in a seven-part series.
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.
Unique Identification Authority of India chairman Nandan Nilekani said the Aadhar number "dramatically improves the convenience" and makes the life "simpler".
