Now, Life Is A 'Full Circle' For Nandan Nilekani At Infosys
New Delhi: 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.
The architect of unique ID Aadhaar -- a data mine that contains biometric information of a billion Indians -- says life has come a full circle for him, as he heads back to the company he co-founded over three decades ago.
An active Twitter user, Nilekani took to the microblogging platform to express his thoughts.
"Joined @Infosys at 26, re-joined it at 62. Life does turn full circle!," he tweeted.
Â
Joined @Infosys at 26, re-joined it at 62. Life does turn full circle!— Nandan Nilekani (@NandanNilekani) August 25, 2017
Nilekani, along with six other engineers, founded Infosys in 1981. Set up with an initial capital of $250, the company today has grown to be over $10 billion in revenues and has over two lakh employees.
He served as Infosys CEO between 2002 and 2007. He was appointed as the chairman of the Unique Identification Authority of India (UIDAI), a cabinet-ranking position, in July 2009.
The technocrat, after bidding adieu to Infosys, tried his hands at politics. He contested the 16th Lok Sabha election from the South Bangalore constituency on a Congress ticket, but lost.
However, Nilekani's mettle made him an attractive catch for the Narendra Modi government, where he was entrusted with the task of overseeing the drive for a less-cash economy after demonetisation last year.
Congratulating him on the new assignment, Electronics and IT Minister Ravi Shankar Prasad tweeted: "Congratulations to @NandanNilekani on becoming non-executive chairman & director of @Infosys. Keep the flag flying. Best wishes".
C P Gurnani, MD and CEO of Tech Mahindra also extended his greetings saying: "Congratulations @nandanNilekani and welcome back Captain! Wishing you all the best for sailing the ship on a new course for the future!!"
Anand Mahindra, Executive Chairman of Mahindra Group, tweeted: "Many circles in life @NandanNilekani but you have always marched onward and upward. There's no Indian that doesn't wish you and Infy well..."
Persistent Systems President and Executive Director Mritunjay Singh said Infosys needed someone like Nilekani at the Board.
"Congratulations @NandanNilekani and welcome @Infosys , someone like you required at helm. thanks to @Infosys_nmurthy for raising gov issue," he tweeted.(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
