A tricky agenda for Nandan Nilekani and for Infosys…   

• The leadership structure needs to be a little clearer. For now, Infosys is going ahead with Pravin Rao as interim CEO, but that is not a permanent solution. Also, a new board has to be constituted with a great degree of urgency.

• Throughout most of its history, Infosys has had the benefit of a weak Indian rupee. That was a natural advantage to Infy’s global growth. With Indian GDP growing at 7.5% and India attracting record FDI inflows, Infosys may now have to contend with a strengthening rupee.

Nandan will have to drive Infy’s big shift towards the digital business. As the man who literally drove UIDAI, that is today the basis for inclusive banking, you cannot hope for a better man for the job. Infy also needs to catch up on lost ground vis-à-vis TCS in this space.