Word: nilekani
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Dates: during 2000-2009
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Imagining India: The Idea of a Renewed Nation By Nandan Nilekani Penguin Press; 528 pages...
...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...
...That's been the hard part. With little guidance available for the country's would-be Rockefellers, Nilekani became a self-taught philanthropist, building two foundations from the ground up. So far, she has provided a total of $37 million to Akshara Foundation, which is dedicated to education, and the Arghyam trust, which tackles water issues. But the entrepreneurial zeal she brings to the organizations she runs is as striking as the size of the checks she's been signing. The source of her inspiration? "We're learning from the Bill Gates Foundation, and ones like it," she says, referring...
...even without government support, Asia's rich are increasingly learning to savor the pyschic luxury of altruism. "If you don't want to buy airplanes or diamonds, what are you going to do with your wealth?" asks Nilekani. "For me, when I see new schools we helped start, or I see kids eating up the books we've published, it's just a continuous moment of feeling good...