Nandan Nilekani Infosys

Infosys Chairman Nandan Nilekani says India will be the hub for applying AI and frugal engineering, citing Aadhaar, UPI and small language models as key to mass-scale adoption

He also stressed the need to change habits and workflows in enterprises and government to effectively integrate AI

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

Back in 2009, Nilekani and his team played a key role in building digital identity (Aadhaar) which could be verified anywhere online

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

He said the Board of Directors has recommended a final dividend of Rs 9.5 per share for fiscal 2020 while the overall revenue grew 9.8 per cent in constant currency terms

"Our goal is to close this (investigation) in the best possible time. I really can't give any timeline because that will not be fair to the investigators," Nilekani said.

Infosys condemned the "mischievous insinuations made by anonymous sources against the co-founders and former colleagues, suggesting their involvement in the recent whistleblower allegations".

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'Absolutely, stability is not a question. I think a way beyond that', said Nandan Nilekani

The Nilekani factor raised investors' spirits as stocks rose 2%

Murthy and others have been champions in corp governance in India

Nilekani left Infosys in 2009 to take charge at UIDAI, the implementing agency of Aadhaar

Nilekani was 1 of 7 people who set up Infosys 3 decades ago, was CEO between March 2002 & April 2007