Nandan Nilekani

Anthropic and OpenAI have fired another salvo, launching their own services companies. While some believe this will force software firms to become more differentiated, others price these stocks at zero earnings growth

The government has asked Infosys chairman Nandan Nilekani to make a presentation before the GST Council next week as the IT major has repeatedly failed to fix glitches in the GST Network (GSTN), the technology backbone for the indirect tax.

"We have a very stable management team and board, and everybody is united, and agrees that we are really on the verge of something momentous. The focus is now on relentless execution," Infosys non-executive chairman Nandan Nilekani said.

In 1978, a chance meeting between Nandan Nilekani and Narayana Murthy at Patni Computer Systems in Pune laid the foundation for Infosys. Nilekani, a fresh IIT Bombay graduate, was captivated by Murthy's charisma and vision. This encounter led to a job offer and ultimately, the co-founding of Infosys in 1981.

Nandan Nilekani said the challenge before companies like Infosys was to get people to be up-to-date on current technology, current development and how they learn the latest.

Infosys chairman Nandan Nilekani addresses concerns about AI's impact on job losses in the IT sector, attributing declining headcount to reduced company spending. He highlights the potential of AI to improve services in India through initiatives like UPI and aadhaar, emphasizing the need for responsible and strategic implementation of the technology.

Infosys chairman Nandan Nilekani on Tuesday said the company's audit committee will conduct an investigation on allegations of CEO and CFO indulging in "unethical practices" to boost short-term profits. The committee began consultation with independent internal auditors EY to conduct an independent investigation, Nilekani said.

Sebi chief Ajay Tyagi on Friday said a probe is on into the Infosys matter and quipped one needs to ask either Nandan Nilekani or God on the IT major chairman's assertion about even God can't change the company's numbers.

RBI in a statement said, "With a view to encourage digitisation of payments and enhance financial inclusion through digitisation, the Reserve Bank has decided to constitute a high-level committee on deepening of digital payments."

Nandan Nilekani who had the Unique Identification Authority of India last year to fight elections is now advising National Payments Corporation of Indian on public policy and innovation including the use of Aadhaar for payment authentication.

Allaying fears of investors, Bengaluru-based Infosys on Saturday said the investments made over the last few years have positioned the company well. Speaking at company's annual general meeting, Infosys chairman Nandan Nilekani said, "Over the last few years, we have made huge investments in making Infosys stronger and more resilient, while bringing agility and speed in everything we do."

The Congress in Karnataka shortlisted UIDAI chairman Nandan Nilekani among others for the Bangalore South Lok Sabha seat on Saturday.

New Delhi, Aug 25 () At 62, most people would be glad to hang up their boots and enjoy retirement. But not for Nandan Nilekani, who has been brought back to turn around the fortunes of the crisis-hit Infosys as the new Chairman.

Infosys news: Nandan Nilekani, the newly appointed non-executive chairman of Infosys, said the company would adhere to all legal agreements with anyone who is leaving the company indicating that any investigation into Panaya acquisition deal would not be a witch-hunt against former CEO Vishal Sikka.

Young techies seem to have been bowled over by the prospect of being associated with the government’s unique ID project, with over 500 applications pouring in till date for voluntary or sabbatical roles with the Unique Identification Authority of India (UIDAI) chaired by Infosys co-founder Nandan Nilekani.

Foreign embassies could probably use Aadhaar, the 12-digit unique identification number, as a tool to simplify visa processes in the future, according to UIDAI chairman Nandan Nilekani.

The unique identification number will be a 'number for life' for millions of Indians who are now excluded from access to public schemes, according to Unique Identification Authority of India chairman Nandan Nilekani.

Infosys chairman Nandan Nilekani advises Indian AI firms to focus on practical applications and data collection infrastructure instead of building large language models.

Voting advisory firm IiAS said Infosys co-founder Nandan Nilekani should be brought back as the non-executive chairperson citing that "he has the stature and gravitas to fit the pieces together." .

For the marginalized, illiterate and vulnerable groups, Aadhaar will come as a boon to would turn into boon for marginalized or vulnerable groups to get access many services with a help of single identity number opined, said Nandan Nilekani, chairman, Unique Identification Authority of India (UIDAI).

Infosys co-founder and chairman Nandan Nilekani has donated Rs 315 crore to his alma mater IIT Bombay, taking his total donation to the prestigious engineering institution to Rs 400 crore - one of the largest contributions made by an ex-student to his college.

The Nandan Nilekani-led board at Infosys rejected co-founder NR Narayana Murthy's demand that the entire investigation report into the company's acquisition of Panaya and the hefty severance payout to former CFO Rajiv Bansal be made public.

My five years at IIT-Bombay were the defining experience of my life,” said Nandan Nilekani, chairman of Infosys.

Nandan Nilekani’s decision to choose IIT Bombay over IIT Madras was an act of rebellion against his father's wishes for job security. Opting for electrical engineering shaped his future in the tech industry.

Infosys co-founder and former Aadhaar chairman Nandan Nilekani donated Rs 50 lakh to the alumni association of Bishop Cotton Boys' School in the city.

Chief minister Jagadish Shettar assured the state's support for the second phase of UID project, expected to commence this October.