Infosys co-chair Nilekani quits to join govt

NEW DELHI Thu Jun 25, 2009 2:49pm IST

Infosys co-chairman Nandan Nilekani speaks to the media in Bangalore in this January 11, 2006 file photo. Nandan Nilekani, co-chairman of Infosys Technologies Ltd, India's No. 2 outsourcer, has resigned from the company's board to join the government, the company said on Thursday. REUTERS/Jagadeesh Nv

Infosys co-chairman Nandan Nilekani speaks to the media in Bangalore in this January 11, 2006 file photo. Nandan Nilekani, co-chairman of Infosys Technologies Ltd, India's No. 2 outsourcer, has resigned from the company's board to join the government, the company said on Thursday.

Credit: Reuters/Jagadeesh Nv

Related Topics

NEW DELHI (Reuters) - Nandan Nilekani, co-chairman of Infosys Technologies Ltd, India's No. 2 outsourcer, has resigned from the company's board to join the government, the company said on Thursday.

Nilekani, one of the founders of Infosys, has been invited by Prime Minister Manmohan Singh to head government agency Unique Identification Authority of India in the rank of a cabinet minister, Infosys said in a statement.

Nilekani, a former chief executive of the company, was not involved in active management since becoming co-chairman in 2007.

Shares in Infosys, which has a market value of about $21 billion, were up 0.7 percent at 1,771.25 rupees at 0849 GMT in a Mumbai market down 0.5 percent.

(For more news on Reuters Money click in.reuters.com/money)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Earnings Season

Earnings Season

Reliance Q4 sales rise, refining margin narrows.  Read 

Innovative Solution

Innovative Solution

Turning smog into jewels - a Dutch designer's solution to Beijing's pollution.  Video 

Insider Trading

Insider Trading

Rajaratnam's brother loses bid to dismiss insider trading charges.  Full Article 

Literary Giant Dies

Literary Giant Dies

Mourning and memories in Gabriel Garcia Marquez's languid hometown.  Full Article 

S&P on India

S&P on India

S&P: India's ratings to depend on next govt econ, fiscal policies.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Bond Market

Bond Market

A star abroad, RBI boss riles bond traders at home  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage