After returning as Infosys chairman, Nilekani promises to take everybody along

Agencies
August 25, 2017

Bengaluru, Aug 25: Nandan Nilekani, who returned as the Chairman of Infosys after founders staged a dramatic coup, today sought to allay concerns of investors and employees, saying he will focus on finding a CEO, recasting the board and bringing in stability at the troubled technology icon.

Nilekani, 62, one of Infosys' seven founders and also a former CEO, said he wants to put the company on "the right stable path" and "ensure there are no discordant voices in the company and everyone is on the same page". Nilekani has been called in to steer Infosys after chairman R Seshasayee and three other directors quit, meeting the key demand of founder group led by N R Narayana Murthy.

The founders had clashed with the board -- often publicly -- in recent months over the company's performance, corporate governance and compensation of former CEO Vishal Sikka. Sikka stepped down last Friday, citing slander by promoters.

At that time, the board criticised Murthy, who in the following days moved swiftly to get investors as well as other founders to back him. "I have come in to focus on the future of the company, I have come in to take the company forward and deal with its challenges," he said in an investor call arranged within hours of his appointment.

"I plan to be here as long as necessary and work as hard as necessary," he said. Nilekani, who was the CEO for five years until 2007 before becoming co-chairman, said he would engage with all shareholders and customers, and work to resolve differences over corporate governance.

With revenue rising four-fold to USD 2 billion under his watch, Nilekani left Infosys in 2009 to shape the world's biggest biometric ID programme, Aadhaar.

Stating that he has no intention to become CEO of the company, he said the future strategy of Infosys will be aligned with global developments and he sees tremendous opportunity in software data and machine learning.

"I will focus my attention on the future of the business and customer needs, and show demonstrable progress," he added. Stating that it is too premature for him to comment on Infosys' strategy and earnings, he committed himself to upholding the highest standards of corporate governance at the IT major.

Nilekani promised to offer more details of the strategy in October and is focussed on bringing "complete stability". About the founders, he said he was an "admirer" of Murthy and "will ensure Infosys, Murthy and other founders have a healthy relationship".

"I will ensure there are no discordant voices in the company and everyone is on the same page," he asserted. "Many good practices (of corporate governance) including full disclosures and transparency, SEC filings... were spearheaded by Infosys," he pointed out.

Infosys will be a board-managed company with high standards of corporate governance, he stressed, vowing to restore its former glory. Nilekani made it clear that as the non-Executive Chairman, his role will be oversight, governance and functioning and to help with the CEO search that will include internal and external candidates as well as Infosys "alumni".

He emphasised that he will stay as long as necessary, but declined to put a timeline to his latest stint. Finding a new CEO soon and reconstituting the board will be parallel activities, Nilekani pointed out. 

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News Network
December 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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News Network
December 19,2025

Mangaluru: Public transport in Mangaluru is set for a state-led transformation as the government moves to deploy 100 new electric govt buses to replace unreliable private services. The initiative aims to provide a dependable alternative to private operators who have been frequently "cutting trips," leaving thousands of commuters stranded.

The announcement was made by Deputy Commissioner and MCC Administrator Darshan HV during a public phone-in session. The move specifically targets routes where private bus service has become erratic, ensuring that citizens no longer have to rely on a fluctuating private sector for their daily commute.

Restoring the Govt Presence

The transport crisis was brought to the forefront by Ramayya, a resident of Bajal, who highlighted a growing trend of private buses skipping morning and night trips. With the previous KSRTC (govt) services discontinued, residents have been left without a fallback option.

To fix this, the DC confirmed that the PM-eBus Sewa Scheme will bring 100 government-owned electric buses to the city:

•    Phased Deployment: The first 50 of the new 100 government buses are scheduled to arrive by March 2026.

•    State Infrastructure: Two new government depots, including one at Mudipu, are being prepared for operations.

•    Recruitment: The state has already begun training a new batch of government bus drivers to ensure the fleet is operational the moment it arrives.

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coastaldigest.com news network
December 20,2025

Mangaluru, Dec 20: City Police Commissioner Sudheer Kumar Reddy has issued a high-alert warning to vehicle owners regarding a surge in cyber fraud targeting those looking to pay traffic violation fines. Fraudsters are reportedly exploiting recent government discount schemes on traffic penalties to deceive citizens.

The Scam: How Fraudsters Strike

Criminals are using SMS, WhatsApp, and social media to circulate suspicious links and APK files (Android application packages). They claim these apps allow users to pay e-challans at a discount.

•    Device Hacking: Downloading these unauthorized apps gives hackers full access to the victim's smartphone.

•    Financial Theft: Once the phone is compromised, fraudsters intercept OTPs and personal data to drain bank accounts.

•    Phishing Sites: Fake websites mimicking official portals are also being used to harvest banking credentials.

Already, two residents within Mangaluru city limits have reported significant financial losses after falling victim to these fraudulent apps.

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