In a career spanning over 40 years, Nayyar has worked with the Government of India, international multilateral agencies and in the corporate sector (both public and private).

He has also become the first Indian to sign the Giving Pledge, sponsored by Warren Buffett and Bill Gates to invite the world's wealthiest to donate majority of their wealth to charity.

In his recent visit to Delhi, he interacted with Shamni Pande of Business Today about the blue print to achieve the ambitious target.

The Alternative Investment Policy Advisory Committee (AIPAC) includes representatives from the industry, private equity firms and start-up organisations, besides senior officials of Sebi, RBI and the Finance Ministry.

Upcoming corporate results season and the RBI policy review on April 7 would be the next key trigger for the markets, experts added.

The problem is that one year since Prime Minister Narendra Modi's announcement, India is still grappling with the nuts and bolts of setting up a smart city.

The talent is there, the capital is there, the ability to take risks is there. Perhaps what is lacking are role models of product innovators.

The initial outlay for Infosys Foundation, USA, would be $5 mn per annum. Infosys has appointed Sudha Murty, Vandana Sikka and Sandeep Dadlani as the trustees of the arm.

If India's leadership can focus on what's good for the nation and its people, it has an opportunity to catapult the country from global middle-income economies.

To fund philanthropic activities, four of the seven original promoters on Monday jointly sold off 32.6 mn shares of Rs 5 face value in the blue-chip company.

A key reason why top software companies are rushing to engage with start-ups is that, in many countries and sectors, start-ups are doing the most innovative work.

Vishal Sikka inherits an Infosys where Narayana Murthy has cut costs and increased margins. He also has to deal with the rampant loss of top talent and the heartburn caused by an Executive Assistant's overarching role.

Murthy will take over as Chairman Emeritus from October 11 as part of a management rejig announced on Thursday by Infosys, which named former SAP board member Vishal Sikka as its new chief executive officer and managing director.

In a day of swift action, the Rajasthan Cricket Association declared Lalit Modi the winner in its elections on May 6. And the Board of Control for Cricket in India (BCCI) suspended the state body. Neither was a surprise.

The project is expected to be completed in phases within two years. In the first phase of construction, the company will make investments to the tune of Rs 475 crores to create a built-up area of 9.5 lakh sq ft area to accommodate 5,000 software professionals.

The 40 heads of state or government expected in Davos include those from the UK, Australia, Japan, Iran, Israel, Brazil, Italy, Mauritius, Republic of Korea besides Switzerland itself.

The $108 billion Indian information technology and business process management (IT-BPM)  sector is looking at upsides as improving US and European markets and disruptive technologies propel business confidence and client spending.

Business Today successfully wraps up MindRush 2013. Here's a quick look at sessions from Day 2. Featuring: Neha Dhupia, Sadhguru Jaggi Vasudev, Vineet Nayar, Deep Kalra, Sasha Mirchandani and more.

Business Today hosts its first Mind Rush, a two-day event that brings global thought leadership to the doorstep of India for the leaders of tomorrow. Here's what's on the agenda of our business leadership on December 13 and 14.

The former HCL Tech CEO is loving every moment of his new role as a development guru in an organisation working to improve the lives of underprivileged children and farmers.