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Infosys gains nearly 3% on buzz of Nandan Nilekani’s return at helm of affairs

A clarity on his role at Infosys is expected in the next 48 hours, CNBC-TV18 reported, quoting sources.

August 23, 2017 / 12:48 IST
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Moneycontrol News

Infosys added nearly 3 percent intraday on Wednesday after reports emerged that former executive Nandan Nilekani is likely to return at the helm of affairs at the company.

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A clarity on his role at Infosys is expected in the next 48 hours, CNBC-TV18 reported, quoting sources.

Nilekani held the position of CEO at the IT major firm between 2002 and 2007. He went on to lead the charge at Unique Identification Authority of India (UIDAI), the authority for issuing Aadhaar identity to Indian citizens.