Joined @Infosys at 26, re-joined it at 62. Life does turn full circle!
Saturday - August 26, 2017 11:50 am ,
Category : WTN SPECIAL
“Joined @Infosys at 26, re-joined it at 62. Life does turn full circle!” Tweeted Nandan Nilekani after he was appointed as non-executive chairman of Infosys. Nilekani has interesting story behind his successful career. After graduating from IIT-Bombay , he wanted to join IIM. But, before CAT examination he had fever and could not appear in CAT. Nilekani had always thought that degree of IIM was his passport to success. But fate intervened, he joined Patni Computer Systems in Mumbai where he met his mentor, NR Narayana Murthy. Later on, together they founded Infosys in 1981 and Infosys became one of the largest information technology companies in the world.
After exit of Vishal Sikka, the Infosys stock went down nearly 10% at BSE and investors lost Rs22,519.50 crore in market capitalization. This nose diving of stocks was due to the fact that under leadership of Vishal Sikka since 2014, the revenues of Infosys had steadily kept growing, closing the first quarter of 2017-18 at 24.1 percent operating margin, beating the competitors for the first time in many years. But, Infosys stock responded positively by advancing by 2 % after it was announced that Nilekani will come back.
Now, with Nilekani in helm of affairs, Infosys will be able to march ahead with much faster pace than earlier. After all, the man who rolled out India's biggest technology project, Aadhaar (As Chairman of Unique Identification Authority of India -UIDAI) must have great execution abilities. Also, Nilekani has proven ability to rise above differences. He joined Congress and contested the last Lok Sabha election from Bengaluru and lost. Despite this fact, Prime Minister Narendra Modi asked him to work as an advisor to the government after it launched a drive for a less-cash economy post demonetization.
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After exit of Vishal Sikka, the Infosys stock went down nearly 10% at BSE and investors lost Rs22,519.50 crore in market capitalization. This nose diving of stocks was due to the fact that under leadership of Vishal Sikka since 2014, the revenues of Infosys had steadily kept growing, closing the first quarter of 2017-18 at 24.1 percent operating margin, beating the competitors for the first time in many years. But, Infosys stock responded positively by advancing by 2 % after it was announced that Nilekani will come back.
Now, with Nilekani in helm of affairs, Infosys will be able to march ahead with much faster pace than earlier. After all, the man who rolled out India's biggest technology project, Aadhaar (As Chairman of Unique Identification Authority of India -UIDAI) must have great execution abilities. Also, Nilekani has proven ability to rise above differences. He joined Congress and contested the last Lok Sabha election from Bengaluru and lost. Despite this fact, Prime Minister Narendra Modi asked him to work as an advisor to the government after it launched a drive for a less-cash economy post demonetization.
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