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.
Infosys Head India Business Unit C N Raghupathi said for the manufacturing sector, the key areas to focus on include new product innovation.
UIDAI Chairman Nandan Nilekani on Friday said he will resign from his job by March-end to contest Lok Sabha election on Congress ticket.
Stating that he has no intention to become CEO of the company, he said the future strategy of Infosys will be aligned with global developments and he sees tremendous opportunity in software data and machine learning.
The new chairman of the country's second-largest IT firm acknowledged that he is an "admirer" of Murthy, saying the "iconic visionary" is the father of corporate governance in India.
The broader Nifty ended on top of 9,800 again.
Barely a week after Infosys co-founder and Chairman of the Unique Identification Authority of India Nandan Nilekani made known his intentions of fighting the elections he is facing opposition from within the Congress party.
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
Nilekani said that in India which has the total population of over one billion, only 50 million people had passports which was mere five per cent of total population, around 30 million people paid taxes and over 150 million people had driver licence.
The Karnataka BJP core committee had proposed only Tejaswini's name for the Lok Sabha seat, but Tejaswi Surya emerged the dark horse.
'Every Indian citizen is already exposed to massive digital surveillance and most are already vulnerable to data theft and cyber-impersonation as well,' points out Devangshu Datta.
Apart from SBI, UPI 2.0 partner banks are HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, YES Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC.
The use of Aadhaar on Skype Lite and LinkedIn will allow Microsoft to bring on board millions in small towns and rural areas lacking e-mail IDs.
Fighting Nandan Nilekani to extend his record winning streak in Lok Sabha polls here, senior Bharatiya Janata Party leader Ananth Kumar says the former Infosys chief has committed "hara-kiri" by fighting on a Congress ticket as the party on Sunday symbolises "corruption and scams".
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.
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.
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.
A chartered accountant by training, Bala understands the nuances of electoral politics.
Aadhar is set to be a preferred tool for various people- focussed initiatives of the government in the new year.
As four founder families sold part of their Infosys holdings on Monday, CEO Vishal Sikka said monetisation of shares for philanthropic and entrepreneurship purposes was in line with the company's values.
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
It is widely believed that Nandan Nilekani's meeting with Prime Minister Narendra Modi saved the ambitious Aadhaar project from oblivion or a takeover by the home ministry.
Aadhaar architect becomes most visible face to oppose Facebook plan
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
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.
'Please don't forget there's still one final piece to fall in place, which is the Supreme Court judgment. Once that happens, it will be ready for being passed.'
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
One out of every two Indians would have Aadhaar number by the middle of 2014, UIDAI Chairman Nandan Nilekani has said as he underlined the unique attributes of the identification system that will lead to public sector reform and governance transformation.
While being the all important member of the BJP's parliamentary board, Kumar is often regarded as the "Delhi face" of the Karnataka BJP and also for the state government who could be counted upon for taking issues concerning Karnataka.
Contributors to Team Indus project will have names etched on an object going to space.
His colleague and Law & IT Minister Ravi Shankar Prasad said the court has held that the purpose of issuing Aadhaar to all Indian citizens is legitimate and no surveillance is possible.
Narendra Kumar Patni, pioneer of India's information technology (IT) services revolution, passed away in the US.
Murthy's charges, he said, are patently false and slanderous.
NPCI has launched several consumer friendly systems including one that allows users to transfer money to people over mobile phones across India.
Sonia Gandhi, Rahul Gandhi, IT expert Nandan Nilekani and cricketer Mohd Kaif are among 194 candidates as Congress tonight released the first list of its nominees for Lok Sabha polls that contains several new and young faces.
In cases such as Infosys, a new CEO will have to play the game with not only the chairman, but also with the COO and the board of directors, and perhaps retired founders, each being a different game with different set of capabilities and attitudes.
In the '80s after Xerxes Desai, moved to Bengaluru and spent the initial days on building Titan from a factory in Hosur.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
Murthy met Delhi Chief Minister Arvind Kejriwal last week.