At Rs.10 lakhs, the Infosys Prize (administered by the National Institute of Advanced Studies) is among the biggest in India. It's definitely the biggest for young researchers. The Hindu reports:
In order to give mathematics in India a fillip, encourage young mathematicians in their research and stimulate interest in the subject among students, the “Infosys Prize for Mathematics” — the biggest mathematics award of its kind in India — has been instituted by Infosys Technologies Limited and the National Institute of Advanced Studies (NIAS).
The award, which comprises prize money of Rs. 10 lakh and a medal, aims to recognise outstanding contribution in any field of applied or fundamental mathematics, including pure mathematics, mathematical foundations of computer science and applied mathematics in the natural and life sciences, and in social sciences. [...]
Winners of the Fields Medal (the veritable “Nobel” prize for Mathematics) will be among the seven-member international jury, which will be chaired by the prestigious Abel Prize winner Srinivasa Varadhan.
The first Infosys Prize for Mathematics will be given in the latter half of the year. Anyone who has held a permanent position in India for at least five years and is below 45 years will be eligible for the award.
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