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N R Narayana Murthy Nandan Nilekani N. S. Raghavan Kris Gopalakrishnan S. D. Shibulal

Infosys is an Indian information technology services company headquartered in Bangalore, India. It is one of the largest IT companies in India with over 114,000 employees worldwide. Infosys has offices in 33 countries and development centers in India, China, Australia, the UK, Canada, and Japan. It provides information technology consulting, solutions, and outsourcing services.

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158 views

N R Narayana Murthy Nandan Nilekani N. S. Raghavan Kris Gopalakrishnan S. D. Shibulal

Infosys is an Indian information technology services company headquartered in Bangalore, India. It is one of the largest IT companies in India with over 114,000 employees worldwide. Infosys has offices in 33 countries and development centers in India, China, Australia, the UK, Canada, and Japan. It provides information technology consulting, solutions, and outsourcing services.

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tapankumar119
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Infosys 

(BSE: 500209, NASDAQ: INFY) is an information technology services company


headquartered in Bangalore, India. Infosys is one of the largest IT companies in India with
114,822 employees (including subsidiaries) as of 2010.[4] It has offices in 33 countries and
development centres inIndia, China, Australia, UK, Canada and Japan.[5]

Type Public
BSE: 500209
NASDAQ: INFY

Industry IT services
IT consulting

Founded 2 July 1981

Founder(s) N R Narayana Murthy


Nandan Nilekani
N. S. Raghavan
Kris Gopalakrishnan
S. D. Shibulal
K Dinesh
Ashok Arora
Headquarte Bangalore, Karnataka, I
rs
ndia
Key people N R Narayana Murthy
(Chairman)

Kris Gopalakrishnan
(CEO & MD)

S. D. Shibulal
(COO & Director)

Products Finacle

Services Information technology consulting services,


solutions and outsourcing.

Revenue ▲   21,140 crore (US$4.59 billion)(31st March,


[1]
2010)

Operating ▲   7,472 crore (US$1.62 billion)(2010)[1]


income

Profit ▲  5,803 crore (US$1.26 billion)(2010)[1]

Total assets ▲ $6.150 billion (2010)[2]

Total equity ▲ $5.361 billion (2010)[2]

Employees 114,822 (2010)[3][4]

Divisions Infosys BPO


Infosys Consulting
Infosys Public Services
Infosys Australia
Infosys Brazil
Infosys China
Infosys Mexico
Infosys Sweden

Website Infosys.com
History
Infosys was founded on 2 July 1981 by seven entrepreneurs,N.R.Narayana
Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K Dinesh and with N. S.
Raghavan officially being the first employee of the company. Founders started the
company with an initial investment of INR 10,000.[6] The company was incorporated as
"Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office[7]

Infosys headquarters in Bangalore, India

Infosys went public in 1993. Interestingly, Infosys IPO was under subscribed but it
was bailed out by US investment banker Morgan Stanley which picked up 13% of equity
at the offer price of Rs. 95 per share.[8] The share price surged to Rs. 8,100 by 1999. By
the year 2000 Infosys's shares touched Rs. 15,600 before the catastrophic incident of
9/11, changed all that.[9]

According to Forbes magazine, since listing on the Bombay Stock Exchange till the year
2000, Infosys' sales and earnings compounded at more than 70% a year.[10] In the year
2000, President of the United States Bill Clinton complimented India on its
achievements in high technology areas citing the example of Infosys.[11]

In 2001, it was rated Best Employer in India by Business Today.[12] 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.[13]

Infosys won the Global MAKE (Most Admired Knowledge Enterprises) award, for the
years 2003, 2004 and 2005, being the only Indian company to win this award and is
inducted into the Global Hall of Fame for the same.[14][15]

[edit]Current share holding


Promoters and their families hold 16%.However Govt of India's LIC, which owns 3.78%
is the single largest share holder of Infosys followed by Govt of UAE's Abu Dhabi
Investment Authority which owns 1.67%.GOVERNMENT OF SINGAPORE also owns a
significant stake of 1.11%. [16]

[edit]Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.[17]

In 1996, Infosys created the Infosys Foundation in the state of Karnataka, operating in


the areas of health care, social rehabilitation and rural uplift, education, arts and culture.
Since then, this foundation has spread to the Indian states of Tamil Nadu, Andhra
Pradesh, Maharashtra, Kerala, Orissaand Punjab. The Infosys Foundation is headed by
Mrs. Sudha Murthy, wife of Founder Cum Chief Mentor Narayan Murthy

Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalize
its academic relationships worldwide under the umbrella of a program called AcE -
Academic Entente.[18] 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
the universities around the world. InStep recruits undergraduate, graduate and PhD
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 the urban youth to
the world of 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.[19]
In 2002, the Wharton Business School of the University of Pennsylvania and Infosys
started the Wharton Infosys Business Transformation Award. This technology award
recognizes 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.

Infosys has the largest corporate education center in the world in Mysore. It can
accommodate 14000 candidates at one time.[20]

In 2009, Infosys created Infosys Prize for excellence in Physical Sciences,


Mathematical Sciences, Engineering and Computer Science, Life Sciences and Social
Sciences. [21]
[edit]Intranet
Infosys's intranet, called "Sparsh" after the Sanskrit word meaning "touch," supports
over 114,822 employees across 26 countries in which Infosys operates. Sparsh has
today become the company's primary channel for news and official information, created
a communication platform and opened up networking avenues for its employees.

In 2007, Sparsh was selected as one of "The Year's 10 Best Intranets" by the Nielsen
Norman Group, a user experience research firm that advises companies on human-
centered product and service design.[22] Infosys is the first Indian company to be
selected for the group's Intranet Design Annual Award.

[edit]Research

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.
[23]
 Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab,
Center for KDIS, Security and Privacy Lab and Distributed Computing Lab.

[edit]Charity
In 2005, Infosys donated 10m rupees (about $226,000) to help with the effects of
the 2005 Kashmir earthquake in Pakistan.[24] Infosys does not currently have an office in
Pakistan.

[edit]Controversy

On Thursday, August 5th, 2010 New York Senator Charles Schumer (D) likened Infosys
to a “chop shop” while discussing a $600 million border security bill on the Senate floor.
[25]
 The remark has been criticized by the United States-India Business Council. Ron
Somers, head of the USIBC, said that the remark was "outrageous in this day in age,
when the world is so interconnected by the Internet, that draconian measures would be
floated by the U.S. Congress that tar-brushes Indian companies as ‘chop shops'.”"[26]

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