Nandan Nilekani: News

PM Modi to address B20 Summit India 2023 today

Prime Minister Narendra Modi is set to address the Business 20 (B20) Summit India 2023 in New Delhi on Sunday, marking the final day of the crucial three-day program.

Infosys co-founder Nandan Nilekani donates Rs. 315cr to IIT Bombay 

Nandan Nilekani, the co-founder of Infosys, has donated Rs. 315 crore to the Indian Institute of Technology (IIT) Bombay, which he joined for a Bachelor's degree in electrical engineering in 1973.

Infosys' next chairman will be a non-founding member: Nandan Nilekani

Infosys, India's second-largest IT services company, will have a non-founding chairman, said Nandan Nilekani, chairman and co-founder of the firm.

Government summons Infosys CEO over glitches in I-T e-filing portal

The Finance Ministry has summoned Infosys MD and CEO, Salil Parekh, over the failure of the company to address issues pertaining to the glitches in the new Income Tax e-filing portal.

RailYatri raises over Rs. 100 crore in funding: Details here

RailYatri, a travel-tech start-up, has raised over Rs. 100 crore in the latest funding round led by Entrust Family Office (NRJN Family Services), Infosys co-founder Nandan Nilekani, and Samsung Venture Investment.

Infosys shares fall after whistleblower episode, worst dip since 2013

India's second-largest IT firm, Infosys, has been hit by major turbulence that had a direct impact on its shares. On Tuesday, its shares dipped nearly 16% in early morning trade.

How 'Sahamati' will make bank A/C opening, loans completely digital

After Aadhaar, Nandan Nilekani is ushering the next phase of digital India.

Five of the most famous and successful alumni of IIT-Bombay

The Indian Institutes of Technology (IITs) are the country's premier engineering institutes and a dream destination for engineering aspirants.

RBI appoints Infosys' Nandan Nilekani as Digital Payments Committee chairman

The Reserve Bank of India (RBI) has created a new committee to look into issues surrounding digital payments in India, and has named Infosys co-founder and former UIDAI chairman Nandan Nilekani as its chairman.

'Job Crisis in India': Book advises to prepare for 'gigs'

The safe and steady "9 to 5" jobs may no more be an option for most Indians, warns a new book 'Job Crisis in India', advising youth to be prepared for short-term work or "gigs".

India's Aadhaar doesn't pose any privacy issue: Bill Gates

India's Aadhaar technology doesn't pose any privacy issue as it's just a bio-ID verification scheme, Microsoft founder Bill Gates said.

Whistleblower asks SEBI to question Infosys board

An anonymous whistleblower has sent a letter to market regulator SEBI demanding accountability about the Infosys board's decision to buy firms Panaya and Skava and sell them three years later at a significantly lower value.

Capgemini's Salil Parekh named Infosys's new CEO & MD

Bharti family pledges Rs. 7,000cr to university for free education

One of India's richest families, the Bharti family, has pledged 10% of their wealth, Rs. 7,000cr, to philanthropy.

Nandan Nilekani pledges to donate half his wealth to charity

Infosys co-founder Nandan Nilekani and his wife Rohini pledged half of their wealth, estimated at $1.7 billion, to charity this weekend.

Digital transactions have shot up by 77 times since demonetization

PM Modi's demonetization drive may not have been as effective in tackling black money as it intended to, but it has served as a definitive catalyst in pushing India towards being a cashless economy.

Infosys profit rises by 7% to Rs. 3,726cr in Q2

Infosys, India's second-largest IT company, reported a Rs. 3,726-crore net-profit for the July-September quarter, posting 7% Quarter-on-Quarter rise and 3% Year-on-Year increase.

Indian Government saved $9bn through Aadhaar scheme: Nandan Nilekani

The Aadhaar scheme has helped India's government save $9bn by eliminating fraud in financial distribution system said Aadhaar's architect, Nandan Nilekani.

Infosys promoters offer shares worth Rs. 2,038 crore for buyback

Infosys promoters, including the co-founder duo N.R. Narayana Murthy and Nandan Nilekani, have offered to put up as many as 1.77 crore shares for sale in the proposed Rs. 13,000 crore buyback offer of the firm.

Nandan Nilekani to work without salary as Infosys Chairman

According to the BSE filing by India's second largest IT firm Infosys, it will not be paying a single dime to its newly instated non-executive and non-independent chairman, Nandan Nilekani.

Infosys engaging with investors to maintain high governance norms

According to its BSE filing, Infosys is currently engaging with its shareholders to discuss what its future course of action should be so that, the "high governance standards" of the firm are maintained.

Infosys under Nilekani will adapt a 3-pronged strategy

If anything is evident from Nilekani's tweet - "Joined @Infosys at 26, re-joined it at 62." - it's the fact that Infosys is once again relying on its old guard to bring the much-needed order.

Infosys appoints Nandan Nilekani as Chairman of the Board

According to reports, Nandan Nilekani has been appointed as the non-executive, non-independent director and the Chairman of the Board of Director with immediate effect.

Bengaluru girl confronts pervert taking pictures of her on Metro

21-year-old girl from Bengaluru confronted a pervert after he took pictures of her, and made inappropriate gestures at her in a metro train.

Aadhaar poses security challenges, admits Nandan Nilekani

Days after an IIT-graduate was accused of hacking into the Aadhaar database, former chairman of UIDAI, Nandan Nilekani, admitted that security was a big concern for Aadhaar.

Nandan Nilekani, Helion MD's $100mn fund for Indian start-ups

Infosys co-founder Nandan Nilekani and senior manager of Helion Sanjeev Aggarwal have announced a $100mn fund for promising new ventures that show potential to grow into billion-dollar companies.

Infosys: To sell or not to, that is the question

For Infosys, it's one bad day after another; the bellwether IT firm has too many things on its plate.

Fresh dispute at Infosys over COO Pravin Kumar's pay hike

A resolution to increase the salary of Infosys COO U.B. Pravin Rao has led to fresh dispute between the Infosys board and the company's promoters.

One killed, 9 injured as KSRTC bus catches fire

58-year-old Bhagyamma, a Peenya Dasarahalli resident, was killed and nine others injured when a KSRTC bus caught fire near Arishinakuntte on NH4. Cause of the mishap is not yet known.

Satya Nadella's first visit to India's Silicon Valley

Microsoft CEO Satya Nadella will visit Bengaluru next week for a company event, in his first trip to India's Silicon Valley since taking office in Feb'14.

Nandan Nilekani's impetus to a dozen startups

Nandan Nilekani, co-founder of Infosys, has invested $50 million in 11 start-ups in a little more than a year and has committed to investing $25 million more.

Ratan Tata, Nilekani, Vijay Kelkar to launch MicroFinance Institution

Avanti Finance, a technology-supported financial inclusion vehicle is in the process of being set up by Ratan Tata, Vijay Kelkar and Nandan Nilekani.