In October last year, Infosys had informed stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management
Spinny had raised its seed round from Blume Ventures and Simile Ventures, and most recently it had closed its Series A round of $13.2 mn co-led by SAIF Partners and Accel in April last year
The writing on the wall says privatisation of banking is inevitable; how it is done is a matter of academic interest
We followed the highest standard of corporate governance and disclosures, says Nilekani
Avanti Finance is a financial inclusion platform built on an open-access digital model to create and deploy financial products
The E-gov foundation of Nandan Nilekani and Srikanth Nadhamuni will provide a full stack of municipal services applications
On Wednesday, Nilekani asserted that the company operates with the highest integrity, and that "even God can't change the numbers of this company".
Backing Parekh, the chairman of the IT bellwether said that he would give full credit to the CEO for the company's growth.
From H1-B visa to Infosys' whistleblower case, here are the top news stories that made headlines today
Anonymous whistle-blowers last month alleged that Chief Executive Officer Salil Parekh used 'unethical practices' to boost revenue and profit in recent quarters
Investors lost a staggering Rs 53,000 crore when the stock tanked 16 per cent on Tuesday
Vinod Khosla was of the view that more money an entrepreneur raises initially, the less likely he or she is going to succeed
It calls for a 15 basis point cut in the interchange fee on card payments and that issuing banks deposit 5 basis point in the acceptance development fund
Also, there is a need to make sure that people are protected as much as possible both legally and technologically, he added
Addressing India Inc, Nilekani also warned of a major requirement of change in attitude to cope with transformations currently underway in most sectors
Three-member high powered committee would suggest reforms to the government bodies, which conduct competitive examinations like the SSC, as there are several cases of questions paper leaks
Fundamentum Partnership Fund-I has a targetted corpus of $100-125 mn
The firm has started looking out for potential investments in the growing start-up space in India
Nilekani said the data available in the GST system could be the basis of credit.
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