[Reader-list] Infosys to bid for UID projects; nobody to succeed Nilekani- 177

Taha Mehmood 2tahamehmood at googlemail.com
Fri Jul 31 16:11:51 IST 2009


Why is anyone not doing anything about it? It is just amazing....

http://www.tradingmarkets.com/.site/news/Stock%20News/2444433/

Infosys to bid for UID projects; nobody to succeed Nilekani
Tue. July 28, 2009; Posted: 12:13 AM

Bangalore, Jun 26, 2009 (Asia Pulse Data Source via COMTEX) -- INFY |
Quote | Chart | News | PowerRating -- Infosys Technologies on Friday
said it would bid for multi-crore rupee projects under the Unique
Identification Database Authority, which would be headed by the
company?s former co-chairman Nandan Nilekani, as it sees no conflict
of interest.

Ending speculations on who would succeed Nilekani, Infosys CEO Kris
Gopalakrishnan also told the mediapersons that nobody is slated at
present to fill Nilekani?s shoes and the former co-chairman?s
responsibilities would get distributed among the brass.

A day after the Centre announced Nilekani?s appointment in the rank of
a Cabinet minister, Gopalakrishnan said the outgoing co-chairman had
been handling some customers and was involved in brand initiatives and
heading strategic teams.

?So, it (Nilekani?s responsibilities) will get distributed to other
leaders in the company. Nobody is at present slated to be the
co-chairman. So, it will get distributed to all of us,? Gopalakrishnan
said,

The NASDAQ-listed company also said it Infosys had handled transitions
in the past seamlessly and was confident of doing so this time also
given its depth of leadership.

Gopalakrishnan said Infosys would bid for projects under UIDAI like
any other e-governance projects, but saw no conflict of interest
though the authority would be headed by a former company top
executive.
For full details on Infosys Technologies Limited ADS (INFY) click
here. Infosys Technologies Limited ADS (INFY) has Short Term
PowerRatings of 5. Details on Infosys Technologies Limited ADS (INFY)
Short Term PowerRatings is available at This Link.


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