Business Standard

Nandan Nilekani

AI will play a huge role in financial inclusion, says Nandan Nilekani

He also added that all the building blocks of digitisation in India have been created in a way that promotes financial inclusion

AI will play a huge role in financial inclusion, says Nandan Nilekani
Updated On : 19 Nov 2024 | 6:45 PM IST

AppsForBharat raises $18 mn in series B funding from Nilekani's Fundamentum

Founded in November 2020 by Prashant Sachan, AppsForBharat operates the devotion platform Sri Mandir

AppsForBharat raises $18 mn in series B funding from Nilekani's Fundamentum
Updated On : 10 Sep 2024 | 1:28 PM IST

'Finternet' the future of financing systems, says Nandan Nilekani

According to Nilekani, Finternet will be user-centric, unified, which means it will cover all types of assets, with a universal infrastructure

'Finternet' the future of financing systems, says Nandan Nilekani
Updated On : 28 Aug 2024 | 9:10 PM IST

Bimal Jalan to Raghuram Rajan: 10 key lateral entries in govt before 2014

In a letter to the UPSC, Union Minister Jitendra Singh said Prime Minister Narendra Modi firmly believes that the lateral entry process should uphold the principles of equity and social justice

Bimal Jalan to Raghuram Rajan: 10 key lateral entries in govt before 2014
Updated On : 20 Aug 2024 | 4:23 PM IST

Infosys is working on over 225 GenAI programs for its clients: Nilekani

Infosys has integrated GenAI components into all its service lines and developed 25 playbooks to create impact for its clients, Nilekani said

Infosys is working on over 225 GenAI programs for its clients: Nilekani
Updated On : 26 Jun 2024 | 10:13 PM IST

Here's why India should look back 300 years to learn a lesson in AI

This is just the beginning. As generative AI morphs into artificial general intelligence - machines rivaling human cognitive abilities - even highly complex tasks may not require expert programmers

Here's why India should look back 300 years to learn a lesson in AI
Updated On : 10 Jun 2024 | 7:51 AM IST

Some clarity on GenAI is beginning to emerge now: Nandan Nilekani

The real power of AI, Nilekani said, will come from configuring all the different models and tools to get the best solutions

Some clarity on GenAI is beginning to emerge now: Nandan Nilekani
Updated On : 03 Jun 2024 | 9:29 PM IST

India aiming for AI accessibility to all, says Infosys' Nandan Nilekani

Taking a swipe at AI alarmists and monopolistic tendencies, the co-founder and chairman of Infosys, Nandan Nilekani dismissed doomsday predictions as 'protectionist rhetoric'

India aiming for AI accessibility to all, says Infosys' Nandan Nilekani
Updated On : 10 May 2024 | 12:11 PM IST

Nilekani-backed people+ai unveils Adbhut India, a vision for AI in India

The people+ai initiative focuses on discovering, demonstrating, and disseminating population-scale AI use cases for India

Nilekani-backed people+ai unveils Adbhut India, a vision for AI in India
Updated On : 10 May 2024 | 12:08 PM IST

Nandan Nilekani-backed people+ai partners with 24 tech organisations

It stands out as one of the select technology-driven consortia dedicated to addressing and facilitating large-scale computing access

Nandan Nilekani-backed people+ai partners with 24 tech organisations
Updated On : 07 May 2024 | 10:05 PM IST

Finance still too costly and clubby. Can 'finternet' help in cutting costs?

Tokenisation, or the process of converting traditional securities into their digital copies, might bring a $22 trn market in alternative assets within reach of a liquidity-constrained middle class

Finance still too costly and clubby. Can 'finternet' help in cutting costs?
Updated On : 23 Apr 2024 | 7:38 AM IST

AWS, Nilekani's EkStep collaborate for innovation in digital public infra

Amazon Web Services on Tuesday said it has collaborated with Nandan Nilekani's EkStep Foundation to set up a Joint Innovation Centre (JIC) to foster digital solutions for public service delivery. This joint effort will focus on enabling and accelerating the creation of digital public goods (DPGs) and digital public infrastructures (DPIs), the company said in a statement. "The JIC will promote collaboration among...stakeholders to develop DPGs and DPIs for sectors such as education, agriculture, finance, healthcare, and climate change, and help accelerate societal transformation," the statement said. The innovation centre will focus on supporting startups, independent software vendors (ISVs), and system integrators (SIs) to leverage the power of technologies such as cloud computing, generative artificial intelligence (AI), and analytics from AWS; help them imagine and invent new use cases for DPGs and DPIs, incubate them, and enhance existing ones, and offer comprehensive starter kit

AWS, Nilekani's EkStep collaborate for innovation in digital public infra
Updated On : 26 Mar 2024 | 8:45 PM IST

ONDC poised to democratise e-com, generate $250-300 bn in GMV: Redseer

Anticipating the future, Redseer expects the next wave of DPI-driven opportunities in retail, insurance, healthcare, and agritech

ONDC poised to democratise e-com, generate $250-300 bn in GMV: Redseer
Updated On : 07 Dec 2023 | 10:17 PM IST

119 Indians donated Rs 5 cr-plus in FY23, Shiv Nadar gave Rs 5.6 cr a day

Philanthropy report card: Indian billionaires donated 59% more

119 Indians donated Rs 5 cr-plus in FY23, Shiv Nadar gave Rs 5.6 cr a day
Updated On : 02 Nov 2023 | 10:54 PM IST

With digital capital, users have power to bargain: Nandan Nilekani

Almost 100% of Indians have enrolled themselves in the identification system of Aadhaar

With digital capital, users have power to bargain: Nandan Nilekani
Updated On : 27 Aug 2023 | 10:01 PM IST

Nandan Nilekani pitches ONDC to start-ups to democratise e-commerce

VC firm Antler has collaborated with Nilekani, FIDE and ONDC and launched the country's first ONDC-focused venture platform to help entrepreneurs create businesses and succeed on the open protocol

Nandan Nilekani pitches ONDC to start-ups to democratise e-commerce
Updated On : 10 Aug 2023 | 8:13 AM IST

Infosys placing emphasis on upskilling employees: Nandan Nilekani

Nandan Nilekani said that Infosys spares no effort in giving its employees opportunities to upskill and improve

Infosys placing emphasis on upskilling employees: Nandan Nilekani
Updated On : 29 Jun 2023 | 2:58 PM IST

AI-first strategy working for Infosys despite unresolved issues: Nilekani

Artificial Intelligence-first business strategy adopted by Infosys is working well for the company despite unresolved ethical and IPR issues around the technology, Infosys Chairman Nandan Nilekani said on Wednesday. In his address at Infosys' 42nd Annual General Meeting, Nilekani said the company can be more efficient while nurturing readiness for growth, given its performance in challenging scenarios created by inflation, interest rates, geopolitics, demand volatility and supply chain dislocations. "Several practical, ethical and intellectual property-related issues, when it comes to AI remain unresolved. We also know that the motto of scaling AI in the enterprise is far from simple. And yet, the AI-first strategy we're embracing already working for us," Nilekani said. He said that the board has approved a dividend of Rs 17.5 per share, taking the total to Rs 34 per share. "The company has returned approximately 86 per cent of free cash flow to shareholders over four years startin

AI-first strategy working for Infosys despite unresolved issues: Nilekani
Updated On : 28 Jun 2023 | 8:15 PM IST

Nandan Nilekani donates Rs 315 cr to IIT Bombay, total support at Rs 400 cr

Nilekani joined IIT Bombay in 1973 to pursue a degree in electrical engineering; latest donation marks golden jubilee of his association with the institute

Nandan Nilekani donates Rs 315 cr to IIT Bombay, total support at Rs 400 cr
Updated On : 20 Jun 2023 | 5:06 PM IST

Infy co-founder Nandan Nilekani donates $38.5 mn to alma mater IIT Bombay

Nilekani, who shot to prominence after founding the IT services pioneer Infosys, in 1973 joined what's become known as the country's pre-eminent engineering and technology learning institution

Infy co-founder Nandan Nilekani donates $38.5 mn to alma mater IIT Bombay
Updated On : 20 Jun 2023 | 12:19 PM IST