Word: nandan
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Dates: during 2000-2009
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...induce buyers during Diwali, realtors are advertising cash discounts of 5% to 10% for down payments, and as much as 25% discounts if buyers are willing to wait two to three years before taking possession of the property. "But there is no liquidity with the end user," says Arvind Nandan, director of consultancy at real estate company Cushman & Wakefield India. "Home-loan rates have hit the roof, and people's investments have lost value at the stock market. No one has the money...
...billion, says the break with the past was deliberate: "We had to aspire to global standards, especially if we wanted to attract investors from abroad." When he turned 60 in 2002, Murthy stood down as CEO and moved back to his first, more modest office. His successor, co-founder Nandan Nilekani, retired as CEO in June, although he remains chairman...
...Nandan Nilekani, co-chairman of Infosys, who has persuaded U.S. companies to move tens of thousands of jobs to India, says, "People should look at careers which cannot be delivered over a wire. If someone is a cardiac surgeon, they're not going to be displaced. But if they are a radiologist, somebody from Bangalore is liable to check X-rays over a wire." And labor-force quality is key. "People will have to really focus on education," Nilekani says. "That has to happen." Still, Nilekani is sure that the U.S. will find its way in the internationalized economy...
...Rohini Nilekani, making the money was the easy part. The Bangalore-based wife of Infosys CEO Nandan Nilekani, Rohini owns 1.67% of the Indian outsourcing company, and her personal fortune soared to about $300 million along with the meteoric rise of its stock. She calls her windfall "a quite frightening amount of money." And as soon as it started rolling in, the social activist and journalist began to look for ways to give enormous sums away...