Infosys Co-Founder Nandan Nilekani has responded to Finance Minister Nirmala Sitharaman after the latter flagged issues in the new income tax e-filing website asking the technology company to fix the glitches.
Finance Minister Nirmala Sitharaman on Tuesday asked Infosys and its Chairman Nandan Nilekani to fix technical glitches being encountered on the income tax department's new e-filing website, after users flooded her Twitter timeline with complaints.
Mahindra group chairman Anand Mahindra and Infosys co-founder Nandan Nilekani have zeroed in on 'TecHalli' as the new title for Bengaluru, days after the former asked the Twitterati to suggest new a title for the tech city, instead of calling it the 'Silicon Valley of India'.
IntrCity by RailYatri on Monday said it has raised over Rs 100 crore, led by investment by Infosys Chairman Nandan Nilekani. The round saw Samsung Venture Investment coming onboard as a strategic investor. Existing investors Omidyar Network and Blume Ventures also participated, a statement said.
The global software major was absolutely right in concealing the whistleblowers' complaints from the regulators and the media, Infosys chairman Nandan Nilekani has said.
Nilkani emphasised that contrary to reports, the company had acted responsibly in response to the complaints. In October, Infosys had informed the stock exchanges of having received anonymous whistleblowers' complaints alleging certain unethical practices by the top management.
Infosys Chairman Nandan Nilekani today condemned "the mischievous insinuations made by anonymous sources against the co-founders and former colleagues, suggesting their involvement in the recent whistleblower allegations."
BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways.
The committee began consultation with independent internal auditors EY, and has retained law firm, Shardul Amarchand Mangaldas & Co. to conduct an independent investigation, Nilekani noted in his statement to the stock exchanges.
The five-member panel on deepening of digital payments has been constituted with a view to encourage digitisation of payments and enhance financial inclusion through digitisation, the RBI said in a statement.
Confirming the news about Ranganath's resignation, a statement from Infosys said that he was moving out to "pursue professional opportunities in new areas".
Asked if India's Aadhaar technology is worth emulating by other countries, he replied, "Yes". "The benefits of that (basic ID -- Aadhaar) are very high," Bill Gates said.
Nandan Nilekani said the choice is obvious because it's a choice between privatisation -- which would benefit the taxpayer and the state -- and a creeping privatisation.
The former UIDAI chief said it has introduced a virtual identification for ID holders so that the actual number need not be shared by the people to authenticate their identity.
Delhi Police had on Monday registered the FIR on a complaint by an UIDAI official following the newspaper report on data breach of more than 1 billion Aadhaar cards, naming the journalist behind the story.
As of October 2017, Nandan Nilekani's net worth stands at $1.71 billion, according to Forbes.
Aadhaar card scheme, which has enrolled more than 1 billion people, was launched by the previous UPA government, and has been supported by the current government.
Addressing an audience at an event, non-executive chairman of Infosys Nandan Nilekani said, "I think India is on a very good wicket on privacy".
Nandan Nilekani said that it is easier for the developing countries to leapfrog by building a right digital infrastructure.
Within hours of taking charge at the helm of Infosys, Nilekani got into damage control mode seeking to calm investors' nerves through an early morning conference call.
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