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Infosys
From Wikipedia, the free encyclopedia (Redirected from Infosys Technologies Ltd.) Infosys Limited

Type Traded as Industry Founder(s) Headquarters Area served

Public company BSE: 500209 NSE: INFY NASDAQ: INFY IT services, IT consulting S. Gopalakrishnan Ashok Arora Bengaluru, Karnataka, India Worldwide K. V. Kamath
(Chairman)

Key people

S. Gopalakrishnan
(Co-Chairman) (CEO & MD)

S.D. Shibulal Services Revenue Operating income Profit Total assets Total equity Employees Divisions Website IT, business consulting and outsourcing services US$ 6.041 billion (2011)[1] US$ 1.779 billion (2011)[1] US$ 1.499 billion (2011)[1] US$ 7.010 billion (2011)[1] US$ 6.122 billion (2011)[1] 133,560 (2011)[1] Infosys BPO, Infosys China www.infosys.com

Infosys Limited, formerly Infosys Technologies Limited (BSE: 500209, NSE: INFY, NASDAQ: INFY) is a global technology services company headquartered in Bangalore, India. It is the second largest IT exporter in India with 133,560 employees as of March 2011.[1] It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan.[2] Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. The company also provides software products to the banking industry. Through Infosys business process outsourcing (BPO), it provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.

Contents
[hide]

1 History 2 Current share holding 3 Initiatives 4 Charity 5 See Also 6 Notes 7 References 8 External links

[edit] History
Infosys was founded in 1989 by N. R. Narayana Murthy, and 6 other engineers.

Infosys headquarters in Bengaluru, India In the year 2000, US President Bill Clinton complimented India on its achievements in high technology, citing the example of Infosys along with Wipro and Satyam Computers.[3] Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai.[4] In 2001, it was rated the by Business Today.[5] Infosys was rated best employer to work for in 2000, 2001, and 2002 by Hewitt Associates. In 2007, Infosys received over 1.3 million applications and hired fewer than 3% of applicants.[6]

Infosys was the only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005 (continuously for three years), and is inducted into the Global Hall of Fame for the same.[7][8] Infosys was also ranked as the 15th most trusted brand in India by The Brand Trust Report in 2011.[9] The first development center outside Bangalore was setup in the coastal city of Mangalore in the year 1995.

[edit] Current share holding

Rahul Das Shah owns 56% shares of the company. Life Insurance Corporation of India has 3.84%. Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi, and the Government of Singapore also hold significant shareholdings. The remaining public shares are owned by financial institutions and individual investors.[10]

[edit] Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.[11] In 1996, Infosys created the Infosys Foundation, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread its activities from its headquarters in Karnataka to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Kerala, Orissa and Punjab. Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalise its academic relationships worldwide under the umbrella of a program called AcE Academic Entente.[12] Infosys' Global Internship Program, known as InStep, is one of the key components of the Academic Entente initiative. It offers live projects to interns from universities around the world. InStep recruits undergraduate and graduate students from business, technology, and liberal arts universities to take part in an 8 to 24 week internship at one of Infosys' global offices. InStep interns are also provided career opportunities with Infosys. In 1997, Infosys started the "Catch them Young Program", to expose urban youth to information technology by conducting a summer vacation program. The program is aimed at developing an interest and understanding of computer science and information technology. This program is targeted at students in Grade IX level.[13] In 2002, the Wharton Business School of the University of Pennsylvania and Infosys started the

Wharton Infosys Business Transformation Award. This technology award recognises enterprises and individuals who have transformed their businesses and the society leveraging information technology. Past winners include Samsung, Amazon.com, Capital One, RBS and ING Direct. Wikimedia Commons has media related to: Infosys Mysore Infosys houses the largest corporate education center in the world in Mysore. The facility can accommodate 14,000 candidates at one time.[14] In 2009, Infosys created Infosys Prize for excellence in physical and mathematical sciences, engineering and computer science, life sciences and social sciences.[15] Infosys developed a corporate R&D wing called Software Engineering and Technology Labs (SETLabs). SETLabs was founded in 2000 to carry out applied research for the development of processes, frameworks and methodologies to effectively capture customer requirements and to iron out common critical issues during a project life cycle.[16] Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab, Center for KDIS, Security and Privacy Lab and Distributed Computing Laboratory.

[edit] Charity
In 2005, Infosys donated 10 million (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan.[17]

[edit] See Also

Tata Consultancy Services Infosys Wipro HCL Technologies Limited IBM India Tech Mahindra Mahindra Satyam Cognizant Technology Solutions iGATE Patni

[edit] Notes
1. ^ a b c d e f g "2010 Form 10-K, Infosys Technologies Limited". Infosys Invester. 2. ^ Infosys Technologies Limited. "Fact File | Who We Are | About Us". Infosys.

Retrieved 27 July 2010.

3. ^ "Clinton calls for closer ties to boost IT business". Indian Express. 25 March 2000.

Retrieved 12 April 2009.

4. ^ "Infy plans Rs 440-cr China campus". business.rediff.com. Retrieved 25 Oct 2010.

5. ^ R. Sukumar. "India's Best Employers: The Top 5". A BT-Hewitt study. Business Today.

Archived from the original on 1 July 2006. Retrieved 10 October 2006.

6. ^ "INFY 2007 20-F, Item 6". Sec.gov. Retrieved 7 September 2010. 7. ^ "Infosys recognized as a Globally Most Admired Knowledge Enterprise for 2004"

(PDF). A Teleos study. Infosys Media. Retrieved 1 December 2004.

8. ^ "Infosys in the Global Hall of Fame".[dead link] 9. ^ "Components of trust that brands can focus on". thehindubusinessline.com. 2011-05-

18.
10. ^ http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-

Holding/clause35-june30-2010.pdf
11. ^ Infosys Technologies Limited. "Sustainability". Infosys. Retrieved 27 July 2010.[dead link] 12. ^ Infosys Technologies Limited. "InStep | About Internship | Global Academic Program".

Infosys. Retrieved 27 July 2010.[dead link]

13. ^ "Summer fun". The Hindu. 14 June 2004. Retrieved 12 October 2006. 14. ^ Infosys Technologies Limited. "Sonia Gandhi Inaugurates Global Education Center in

Mysore | Press Releases | Newsroom". Infosys. Retrieved 27 July 2010.

15. ^ "Infosys Prize About". Infosys-science-foundation.com. Retrieved 27 July 2010. 16. ^ "Tracking a Shopper's Habits". Technology Review. Retrieved 27 July 2010. 17. ^ "South Asia | Indian quake aid reaches Pakistan". BBC News. 12 October 2005.

Retrieved 27 July 2010.

[edit] References

"Infosys Overview". Retrieved 23 August 2006. "Infosys releases agreement to acquire Expert Information Services Pty Limited, Australia (PDF)" (Press release). Infosys Technologies Australia Pty Ltd banglore Bharat kumar (7 August 2002). "A twist to the tale". Business Line.[dead link] Infosys News (12 December 2007). "Latest Happenings at Infosys". Top News. M.Bala Murugan (16 April 2010). "Latest News". Daily Dhanthi. Infosys News (March 2011). "Infosys Technologies Limited received the IEEE Computer Society/Software Engineering Institute Software Process Achievement (SPA) Award 2009". SEI CMMI.

.. 18 December 2003. Retrieved 11 October 2006.

[edit] External links

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