Jump to content

Infosys: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Citation bot (talk | contribs)
Bots
5,324,411 edits
Alter: title. Add: work, newspaper, website. Removed parameters. Some additions/deletions were parameter name changes. | Use this bot. Report bugs. | Suggested by BrownHairedGirl | #UCB_webform 1667/2008
Osalbahr (talk | contribs)
99 edits
m Added link
Line 39: Line 39:
}}
}}


'''Infosys Limited''' is an Indian [[Multinational corporation|multinational]] [[information technology]] company that provides [[business consulting]], [[information technology]] and [[outsourcing]] services. The company was founded in [[Pune]] and is headquartered in [[Bangalore]].<ref name=Infosys_Overview>{{cite web|title=Infosys Overview|url=https://www.infosys.com/about.html|publisher=Infosys|access-date=28 February 2021}}</ref> Infosys is the second-largest Indian IT company after [[Tata Consultancy Services]] by 2020 revenue figures and the 602nd largest public company in the world, according to the [[Forbes Global 2000]] ranking.<ref>{{cite magazine | title=Forbes 2020 Global 2000 | url=https://www.forbes.com/global2000/ | magazine=Forbes | access-date=28 February 2021}}</ref>
'''Infosys Limited''' is an [[India|Indian]] [[Multinational corporation|multinational]] [[information technology]] company that provides [[business consulting]], [[information technology]] and [[outsourcing]] services. The company was founded in [[Pune]] and is headquartered in [[Bangalore]].<ref name=Infosys_Overview>{{cite web|title=Infosys Overview|url=https://www.infosys.com/about.html|publisher=Infosys|access-date=28 February 2021}}</ref> Infosys is the second-largest Indian IT company after [[Tata Consultancy Services]] by 2020 revenue figures and the 602nd largest public company in the world, according to the [[Forbes Global 2000]] ranking.<ref>{{cite magazine | title=Forbes 2020 Global 2000 | url=https://www.forbes.com/global2000/ | magazine=Forbes | access-date=28 February 2021}}</ref>


On 24 August 2021, Infosys became the fourth Indian company to cross $100 billion in [[market capitalization]].<ref>{{Cite news|title=Infosys becomes 4th Indian company to touch $100 bn market cap|work=The Economic Times|url=https://economictimes.indiatimes.com/markets/stocks/news/infosys-becomes-4th-indian-company-to-touch-100-bn-market-cap/articleshow/85595820.cms|access-date=2021-08-25}}</ref><ref>{{cite web|last=Salil|first=K.|date=2021-08-24|title=Infosys becomes fourth Indian company to reach market cap of $100 billion|url=https://thefederal.com/business/infosys-becomes-fourth-indian-company-to-reach-market-cap-of-100-billion/|access-date=2021-08-31|website=The Federal}}</ref>
On 24 August 2021, Infosys became the fourth Indian company to cross $100 billion in [[market capitalization]].<ref>{{Cite news|title=Infosys becomes 4th Indian company to touch $100 bn market cap|work=The Economic Times|url=https://economictimes.indiatimes.com/markets/stocks/news/infosys-becomes-4th-indian-company-to-touch-100-bn-market-cap/articleshow/85595820.cms|access-date=2021-08-25}}</ref><ref>{{cite web|last=Salil|first=K.|date=2021-08-24|title=Infosys becomes fourth Indian company to reach market cap of $100 billion|url=https://thefederal.com/business/infosys-becomes-fourth-indian-company-to-reach-market-cap-of-100-billion/|access-date=2021-08-31|website=The Federal}}</ref>

Revision as of 23:00, 9 October 2022

Infosys Limited
Company typePublic
ISININE009A010321
IndustryInformation technology
Consulting
Outsourcing
Founded2 July 1981; 43 years ago (2 July 1981)
Founders
Headquarters
Bangalore, Karnataka
,
India
Area served
Worldwide
Key people
Nandan Nilekani
(Chairman)
Salil Parekh
(MD & CEO)[1]
U. B. Pravin Rao
(COO)
RevenueIncrease ₹123,936 crore (US$15 billion)[2] (2022)
Increase ₹30,110 crore (US$3.6 billion)[2] (2022)
Increase ₹22,146 crore (US$2.7 billion)[2] (2022)
Total assetsIncrease ₹117,885 crore (US$14 billion)[2] (2022)
Total equityIncrease ₹75,350 crore (US$9.0 billion)[2] (2022)
Number of employees
276,319 (2021)[3]
Divisions
RatingCRISIL AAA / Stable / CRISIL A1+
Websitewww.infosys.com
Footnotes / references
[4]

Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore.[5] Infosys is the second-largest Indian IT company after Tata Consultancy Services by 2020 revenue figures and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking.[6]

On 24 August 2021, Infosys became the fourth Indian company to cross $100 billion in market capitalization.[7][8]

History

Infosys was founded by seven engineers in Pune, Maharashtra, India. Its initial capital was $250.[9] It was registered as Infosys Consultants Private Limited on 2 July 1981.[10] In 1983, it relocated to Bangalore, Karnataka.

The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was renamed Infosys Limited in June 2011.[11]

An initial public offering (IPO) was floated in February 1993 with an offer price of ₹95 (equivalent to ₹690 or US$8.20 in 2023) per share against a book value of ₹20 (equivalent to ₹150 or US$1.70 in 2023) per share. The IPO was undersubscribed but it was "bailed out" by US investment bank Morgan Stanley, which picked up a 13% equity stake at the offer price.[12] Its shares were listed in June 1993 with trading opening at ₹145 (equivalent to ₹1,100 or US$13 in 2023) per share.[13]

Infosys shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts (ADR). It became the first Indian company to be listed on Nasdaq.[citation needed] The share price surged to ₹8,100 (equivalent to ₹35,000 or US$420 in 2023) by 1999, making it the costliest share on the market at the time. At that time, Infosys was among the 20 biggest companies by market capitalization on the Nasdaq.[12] The ADR listing was shifted from Nasdaq to NYSE Euronext to give European investors better access to the company's shares.[14]

On 28 July 2010, then-British Prime Minister David Cameron visited Infosys HQ in Bangalore and addressed Infosys employees.[15]

Infosys, Bangalore

Its annual revenue reached US$100 million in 1999, US$1 billion in 2004 and US$10 billion in 2017.[10]

In 2012, Infosys announced a new office in Milwaukee, Wisconsin, to serve Harley-Davidson.[16][17] Infosys hired 1,200 United States employees in 2011 and expanded the workforce by 2,000 employees in 2012.[17] In April 2018, Infosys announced expanding in Indianapolis, Indiana.

In July 2014, Infosys started a product subsidiary called EdgeVerve Systems, focusing on enterprise software products for business operations, customer service, procurement and commerce network domains.[18] In August 2015, assets from Finacle Global Banking Solutions were transferred from Infosys, thus becoming part of the product company EdgeVerve Systems' product portfolio.[19]


Products and services

Infosys provides software development, maintenance and independent validation services to companies in finance, insurance, manufacturing and other domains.[20]

One of its best-known products is Finacle, a universal banking solution with various modules for retail and corporate banking.[21]

Glass building in Pune campus

Its key products and services are:

  • NIA – Next Generation Integrated AI Platform (formerly known as Mana)
  • Infosys Consulting – a global management consulting service
  • Cloud-based enterprise transformation services[22]
  • Infosys Information Platform (IIP), an analytics platform
  • EdgeVerve Systems, which includes Finacle, a global banking platform
  • Panaya Cloud Suite
  • Skava (now Infosys Equinox)
  • Engineering Services[23]
  • Digital Marketing[24]

Geographical presence

Infosys has 82 sales and marketing offices and 123 development centres across the world as of 31 March 2018, with major presence in India, United States, China, Australia, Japan, Middle East and Europe.[25][26]

In 2019, 60%, 24%, and 3% of its revenues were derived from projects in North America, Europe, and India, respectively. The remaining 13% of revenues were derived from the rest of the world.[27]

In 2022, Infosys's presence in Russia in support of the energy industry there came under scrutiny. The firm, unlike Western firms like Oracle, declined to withdraw from the country despite Russia's invasion of Ukraine.[28]

Acquisitions

Name of the acquired company Based in Acquisition cost Acquisition date The business of an acquired company
Expert Information Services Australia US$23 million Dec 2003[29][30] IT service provider
McCamish Systems USA US$38 million Dec 2009[31] Insurance and financial services
Portland Group Australia AUD 37 million Jan 2012[32][33] Strategic sourcing and category management
Lodestone Holding AG Switzerland US$345 million Sep 2012[34] Management consultancy
Panaya Israel US$200 million Mar 2015[35][36] Automation technology
Skava USA US$120 million Apr 2015[37][38] Digital experience solutions
Noah-Consulting USA US$70 million Nov 2015[39] Information management consulting services
Skytree USA Undisclosed amount Apr 2017[40] Machine learning
Brilliant Basics UK GBP 7.5 million Aug 2017[41] Product design and customer experience
Fluido Oy Finland EUR 65 million Oct 2018[42] Salesforce advisor and consulting partner
WongDoody USA US$75 million Jan 2019[43] Advertising and creative strategy services
Stater N.V. Netherlands EUR 127.5 million Apr 2019[44] Mortgage services
Simplus USA-AU TBD Feb 2020[45] Salesforce Partner
Kaleidoscope USA US$42 million Sep 2020[46] Product design and development
GuideVision Czechia EUR 30 million Oct 2020[47] ServiceNow partner
Oddity Germany EUR 50 million Mar 2022[48] Digital marketing, Experience, and Commerce agencies

Listing and shareholding pattern

Main block in Chennai campus

In India, shares of Infosys are listed on the BSE where it is a part of the BSE SENSEX and the NSE where it is a NIFTY 50 Constituent.[49] Its shares are listed by way of American depositary receipts (ADRs) at the New York Stock Exchange.[50]

Over a period of time, the shareholding of its promoters has gradually reduced, starting from June 1993 when its shares were first listed. The promoters' holdings reduced further when Infosys became the first Indian-registered company to list Employees Stock Options Schemes and ADRs on NASDAQ on 11 March 1999.[51] As of 29 July 2021, the promoter holding was 12.95%, foreign institutional investors (FIIs) hold 33.39%, and domestic institutional investors (DIIs) hold 21.98%.[52]

A building in Thiruvananthapuram campus
Infosys shareholding and stakeholders pattern (as of 29 July 2021)[53][54]
Shareholders Shareholding
Promoters group 012.95%
Foreign institutional investors (FII) 033.39%
Domestic institutional investors (DII) 021.98%
Public 031.32%
Others 0 0.36%
Total 100.00%

Employees

Infosys had a total of 259,619 employees (generally known as "Infoscions") as of 2021, out of which 38.6% were women.[27] Out of its total workforce, 229,658 are software professionals and remaining 13,796 work for support and sales.[27] In 2016, 89% of its employees were based in India.[55]

During the financial year 2019, Infosys received 2,333,420 applications from prospective employees, interviewed 180,225 candidates and had a gross addition of 94,324 employees, a 4% hiring rate. These numbers do not include its subsidiaries.[55]

In its Q3FY22 results in January, Infosys has reported that attrition has risen to 25.5%, from 20.1% in the September quarter. It has announced a profit of Rs 5,809 crore for the third quarter and said it is planning to hire 55,000 freshers for FY22 as part of its global graduate hiring program.

Training centre in Mysore

The Development Centre in Mysore campus

As the world's largest corporate university, the Infosys global education centre in the 337 acre[56] campus has 400 instructors and 200+ classrooms,[57] with international benchmarks at its core. Established in 2002, it had trained around 125,000 engineering graduates by June 2015.[57] It can train 14,000 employees at a given point of time on various technologies.[58][59]

The Infosys Leadership Institute (ILI), based in Mysore, has 196 rooms and trains about 4,000 trainees annually.[59] Its purpose is to prepare and develop the senior leaders in Infosys for current and future executive leadership roles.

The Infosys Training Centre in Mysore also provides a number of extracurricular facilities like tennis, badminton, basketball, swimming pool, gym and bowling alley. It has an international level cricket ground approved by BCCI.

CEOs

Since its establishment in 1981 till 2014, the CEOs of Infosys were its promoters, with N.R. Narayana Murthy leading the company in its initial 21 years. Dr. Vishal Sikka was the first non-promoter CEO of Infosys who worked for around 3 years.[60][61][62] Dr. Vishal Sikka resigned in August 2017. After his resignation, UB Pravin Rao was appointed as Interim CEO and MD of Infosys.[63] Infosys appointed Salil Parekh as chief executive officer (CEO) and managing director (MD) of the company with effect from 2 January 2018.[64][65]

List of Infosys CEOs

Portrait Picture Name Period
Narayan Murthy 1981 to March 2002
Nandan Nilekani March 2002 to April 2007
Kris Gopalakrishnan April 2007 to August 2011
S. D. Shibulal August 2011 to July 2014
Vishal Sikka August 2014 to August 2017
File:UB Pravin Rao.jpg
 UB Pravin Rao (interim) August 2017 to December 2017[63]
Salil S. Parekh January 2018 onwards[66]

Awards and recognition

  • In 2021, Infosys was positioned as a leader in the Forrester Wave Application Modernization & Migration Services.[67]
  • In 2021, Infosys was positioned as a Leader in Gartner Magic Quadrant for Data and Analytics Services.[68]
  • In 2020, Infosys was ranked No. 1 in the HFS Top 10 Agile Software Development 2020 report.[69]
  • In 2020, Infosys was recognized as a leader in Retail and CPG Digital Services by Avasant.[70][71]
  • In 2019, Infosys was a winner of the United Nations Global Climate Action Award in 'Climate Neutral Now' category.[72]
  • In 2019, Infosys was ranked as the 3rd Best Regarded Company in the World by Forbes.[73]
  • In 2017, HfS Research included Infosys in Winner's Circle of HfS Blueprint for Managed Security Services, Industry 4.0 services and Utility Operations.[74][75][76]
  • In 2013, Infosys was ranked 18th largest IT services provider in the world by HfS Research.[77] In the same year, it was ranked 53rd in Forbes list of World's Most Innovative Companies.[78]
  • In 2012, Infosys was ranked No. 19 amongst the world's most innovative companies by Forbes.[79] In the same year, Infosys was in the list of top twenty green companies in Newsweek's Green Rankings for 2012.[80]
  • In 2006, Institute of Chartered Accountants of India included Infosys into Hall of Fame for being the winner of Best Presented Accounts for 11 consecutive years.[81]

Financial

Year Revenue (In crores) Profits/Loss (In crores) Total Assets (In crores) Employees
FY 2010 Increase 22,742 Increase 6,266 Increase 27,504 Increase 113,800
FY 2011 Increase 27,501 Increase 6,835 Increase 31,293 Increase 130,800
FY 2012 Increase 33,734 Increase 8,332 Increase 38,357 Increase 150,000
FY 2013 Increase 40,352 Increase 9,429 Increase 46,275 Increase 156,000
FY 2014 Increase 50,133 Increase 10,656 Increase 56,966 Increase 160,405
FY 2015 Increase 53,319 Increase 12,372 Increase 66,289 Increase 176,187
FY 2016 Increase 62,441 Increase 13,489 Increase 75,098 Increase 194,004
FY 2017 Increase 68,484 Increase 14,353 Increase 83,148 Increase 200,364
FY 2018 Increase 70,522 Increase 16,029 Decrease 79,349 Increase 204,107
FY 2019 Increase 82,675 Decrease 15,404 Increase 84,066 Increase 228,123
FY 2020 Increase 90,791 Increase 16,594 Increase 91,800 Increase 242,371
FY 2021 Increase 100,472 Increase 19,351 Increase 107,511 Increase 259,619
FY 2021 Increase 121,641 Increase 22,110 Increase 116,729 Increase 314,015

Controversies

Settlement of tax fraud in the US

In December 2019, the Attorney General of California, Xavier Becerra announced an $800,000 settlement against Infosys and its BPM (business process management) subsidiary. Close to 500 Infosys employees were working in the state on Infosys-sponsored B-1 visas instead of H-1B visas between 2006 and 2017, as per an official post available on the website of State of California.[82][83]

This misclassification resulted in Infosys avoiding California payroll taxes such as unemployment insurance, disability insurance, and employment training taxes.[84][85]

Accusation of visa fraud in the US

In 2011, Infosys was accused of committing visa fraud by using B-1 (visitor) visas for work requiring H-1B (work) visas. The allegations were initially made by an American employee of Infosys in an internal complaint. He subsequently sued the company, claiming that he was harassed and sidelined after speaking out. Although that case was dismissed,[86] it along with another similar case,[87][88][89] brought the allegations to the notice of the US authorities – and the U.S. Department of Homeland Security and a federal grand jury started investigating.[90]

In October 2013, Infosys agreed to settle the civil suit with US authorities by paying US$34 million.[91] Infosys refused to admit guilt and stressed that it only agreed to pay the fine to avoid the nuisance of "prolonged litigation".[92] In its statement, the company said "As reflected in the settlement, Infosys denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse. Those claims are assertions that remain unproven".[93]

Displacement of American workers at Southern California Edison and Disney

In 2015, the United States Department of Labor began an investigation of Infosys after claims were made that the company used workers with H-1B visas to replace workers at Disney and Southern California Edison. The investigation did not find any wrongdoing.[94]

Allegations of financial irregularities

In 2019, whistle blowers alleged irregularities in the company's financial accounting. Internal investigations conducted by the company concluded that the allegations were without merit.[95] External auditors said that Infosys' approach to revenue recognition was in line with IAS 34 regulations.[96]

Russia and the invasion of Ukraine

In 2004, Murthy had previously given the Russian president Vladimir Putin a tour of the Bangalore campus of Infosys, and spoke of the "special relationship" between the two countries.[97] According to The Guardian, the company "has strong historical links with Russia and Putin" as of March 2022.[97]

The organization was initially operating in Russia following the country's invasion of Ukraine on 24 February 2022.[28] The organization has since ceased operations in Russia as of April 2022.[98]

See also

References

  1. ^ "Infosys appoints Salil S. Parekh as CEO and Managing Director". Archived from the original on 2 December 2017. Retrieved 2 December 2017.
  2. ^ a b c d e "Infosys Consolidated Profit & Loss account, Infosys Financial Statement & Accounts". moneycontrol.com. Retrieved 14 May 2021.
  3. ^ TCS. "Company information for Infosys Limited" (PDF). Retrieved 11 January 2021.
  4. ^ "Results for the Fourth Quarter and Year ended March 31, 2020" (PDF). Infosys Ltd. Archived (PDF) from the original on 13 April 2019. Retrieved 13 April 2018.
  5. ^ "Infosys Overview". Infosys. Retrieved 28 February 2021.
  6. ^ "Forbes 2020 Global 2000". Forbes. Retrieved 28 February 2021.
  7. ^ "Infosys becomes 4th Indian company to touch $100 bn market cap". The Economic Times. Retrieved 25 August 2021.
  8. ^ Salil, K. (24 August 2021). "Infosys becomes fourth Indian company to reach market cap of $100 billion". The Federal. Retrieved 31 August 2021.
  9. ^ "Major events in the history of Infosys". Rediff.com Business. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  10. ^ a b "Company History of Infosys". Moneycontrol.com. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  11. ^ "About Infosys". Infosys. Archived from the original on 27 September 2013. Retrieved 23 September 2013.
  12. ^ a b "Infosys Technologies Bio". in.com. Archived from the original on 22 July 2013. Retrieved 7 July 2013.
  13. ^ "Equity Shares Information". Infosys. Archived from the original on 22 June 2013. Retrieved 7 July 2013.
  14. ^ "Infosys to shift listing of ADS to NYSE Euronext from Nasdaq". Infosys. 30 November 2012. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  15. ^ "British Prime Minister David Cameron's speech at Infosys in India". Gov.uk. Retrieved 29 July 2021.
  16. ^ "Services: The next big thing". The Economist. 19 January 2013. Archived from the original on 27 June 2013. Retrieved 10 June 2013.
  17. ^ a b "Infosys to expand its U.S. operations with a new Delivery Center in Wisconsin" (PDF). Infosys.com. Archived (PDF) from the original on 1 November 2013. Retrieved 3 July 2013.
  18. ^ "Edgeverve is born". Business Standard. 17 November 2014. Archived from the original on 22 December 2015. Retrieved 11 December 2015.
  19. ^ "Finacle joins Edgeverve". Business Standard. 5 September 2015. Archived from the original on 22 December 2015. Retrieved 11 December 2015.
  20. ^ "Infosys realigns organisation structure". The Financial Express. 16 February 2015. Archived from the original on 19 February 2015. Retrieved 4 March 2015.
  21. ^ "Core Banking Systems – Gartner Says The Debate Has Shifted". Gartner. 26 November 2014. Archived from the original on 29 July 2017. Retrieved 1 September 2017.
  22. ^ "Infosys Cobalt: Cloud-Based Enterprise Transformation Services". www.infosys.com. Retrieved 29 July 2021.
  23. ^ "Enhance Business Value With Digital Engineering Services | Infosys". www.infosys.com. Retrieved 21 April 2020.
  24. ^ "Digital Marketing Services - Enhance Customer Relationship | Infosys". www.infosys.com. Retrieved 21 April 2020.
  25. ^ Investor Frequently Asked Questions (FAQs), Infosys.com, 31 March 2018, archived from the original on 18 July 2018, retrieved 18 July 2018
  26. ^ About Us, Infosys.com, archived from the original on 18 July 2018, retrieved 18 July 2018
  27. ^ a b c Ltd., Infosys (29 July 2021). "Infosys Annual Report FY20-21" (PDF). Infosys. infosys.com.
  28. ^ a b "Rishi Sunak faces questions over wife Akshata Murty's non-dom tax status". BBC News. 25 March 2022. Retrieved 7 April 2022.
  29. ^ "Infosys to buy Australian firm Expert for $22.9 m". The Hindu. 19 December 2003. Archived from the original on 21 September 2009. Retrieved 7 October 2017.
  30. ^ "Infosys Media Release – Infosys announces agreement to acquire Expert" (PDF). Infosys. 18 December 2003. Archived (PDF) from the original on 8 July 2017. Retrieved 7 October 2017.
  31. ^ "Infosys BPO to acquire US company McCamish". Deccan Herald. 12 November 2009. Archived from the original on 24 September 2015. Retrieved 7 October 2017.
  32. ^ "Infosys BPO looking for buyouts to double its revenues to $1 bn". The Economic Times. 17 July 2012. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  33. ^ "Infosys BPO to buy Australia's Portland Group". Business Line. 20 December 2011. Retrieved 7 October 2017.
  34. ^ "Infosys acquires Swiss firm Lodestone for Rs. 1,925 crore". The Hindu. 10 September 2012. Archived from the original on 27 September 2013. Retrieved 22 June 2013.
  35. ^ "Infosys buys automation technology startup Panaya, deal valued at Rs 1200 crore". The Economic Times. 17 February 2015. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  36. ^ "Infosys' $200 million Israeli software company Panaya is in the eye of the storm". The Economic Times. Archived from the original on 4 October 2017. Retrieved 7 October 2017.
  37. ^ "Infosys Completes Acquisition of Skava". Infosys Limited. 4 June 2015. Archived from the original on 8 July 2017. Retrieved 7 October 2017.
  38. ^ "Infosys completes Skava acquisition for $120 million". The Economic Times. 4 June 2015. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  39. ^ "Infosys completes acquisition of Noah Consulting". The Economic Times. Archived from the original on 7 February 2017. Retrieved 3 February 2017.
  40. ^ "Infosys is reaching for the sky with holistic automation strategy". Horses for Sources. 26 April 2017. Archived from the original on 20 June 2019. Retrieved 20 June 2019.
  41. ^ "Infosys completes Brilliant Basics acquisition". Money Control. 11 September 2017. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  42. ^ "Infosys Consulting buys Finnish Salesforce partner Fluido Oy for €65 million". Consultancy.eu. 17 September 2018. Archived from the original on 20 June 2019. Retrieved 20 June 2019.
  43. ^ "Wongdoody Joins Infosys". wongdoody.com. Archived from the original on 16 January 2019. Retrieved 15 January 2019.
  44. ^ Zacks, Publisher. "Infosys Ups the Ante in Mortgage Servicing With Stater Buyout". NASDAQ. Retrieved 29 September 2020.
  45. ^ Simplus, Infosys to buy US-based. "Infosys to buy US-based Salesforce partner Simplus". The Hindu. Retrieved 11 February 2020.
  46. ^ "Infosys to acquire US-based firm Kaleidoscope for $42 mn". The Economic Times. Retrieved 29 September 2020.
  47. ^ "Czech-based GuideVision joins consulting arm of Infosys". Consultancy.eu. Retrieved 30 September 2020.
  48. ^ "Infosys to acquire German digital marketing firm Oddity for Euro 50 mn". Retrieved 22 March 2022.
  49. ^ "Stock Share Price | Get Quote | BSE". www.bseindia.com. Retrieved 9 May 2020.
  50. ^ Selina, Hossain (20 April 2020). "Infosys Q4 results: Profit rises 6% to Rs 4,321 crore; firm suspends guidance". The Economic Times. Retrieved 9 May 2020.
  51. ^ Ramesh, Jairam (29 March 1999). "Bangalore-based software firm Infosys becomes first Indian company to list on Nasdaq". India Today. Archived from the original on 10 March 2018. Retrieved 9 March 2018.
  52. ^ "Infosys Share Price, Infosys Stock Price, Infosys Ltd. Stock Price, Share Price, Live BSE/NSE, Infosys Ltd. Bids Offers. Buy/Sell Infosys Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes". www.moneycontrol.com. Retrieved 29 July 2021.
  53. ^ "clause35-june30-2017.pdf" (PDF). Archived (PDF) from the original on 4 October 2017. Retrieved 4 October 2017.
  54. ^ "Infosys Shareholding Pattern – The Economic Times". Archived from the original on 4 October 2017. Retrieved 4 October 2017.
  55. ^ a b "Infosys net profit, revenue beat Street". The Economic Times. Retrieved 4 January 2022.
  56. ^ "Infosys campus reflects commitment to a greener world". Infosys. Archived from the original on 27 September 2013. Retrieved 9 September 2013.
  57. ^ a b "Infosys has trained 100,000 graduates at Mysore campus". Mathrubhumi. 1 June 2012. Archived from the original on 28 September 2013. Retrieved 9 September 2013.
  58. ^ "Infosys builds world's biggest training centre in Mysore". Mysore Samachar. 9 September 2013. Archived from the original on 22 September 2013. Retrieved 8 September 2013.
  59. ^ a b "Infy plans biggest training centre". The Economic Times. 18 June 2004. Archived from the original on 10 November 2013. Retrieved 9 September 2013.
  60. ^ "Infosys Names Vishal Sikka First External CEO; Chairman Murthy to Step Down". NDTV Gadgets. Archived from the original on 3 July 2015. Retrieved 2 July 2015.
  61. ^ "Infosys to appoint Dr. Vishal Sikka as Chief Executive Officer & Managing Director". Infosys Limited. Archived from the original on 3 July 2015. Retrieved 2 July 2015.
  62. ^ "Infosys to pay its CEO Vishal Sikka Rs. 30 Crores annually". news.biharprabha.com. Indo-Asian News Service. Archived from the original on 7 July 2014. Retrieved 3 July 2014.
  63. ^ a b "vishal-sikka-resigns-as-md-ceo-of-infosys". Archived from the original on 20 August 2017. Retrieved 17 August 2017.
  64. ^ "Ten Things to Know About Salil S Parekh, the new Infosys CEO and MD | Upcoming IPO Calendar". Archived from the original on 4 December 2017. Retrieved 3 December 2017.
  65. ^ "Infosys appoints Capgemini's Salil Parekh as MD & CEO". The Times of India. Archived from the original on 3 December 2017. Retrieved 2 December 2017.
  66. ^ "Salil S Parekh to take over as CEO and MD of Infosys". The Times of India. Archived from the original on 3 December 2017. Retrieved 2 December 2017.
  67. ^ "Infosys Positioned as a Leader in The Forrester Wave™ Application Modernization and Migration Services, Q3 2021". www.infosys.com. Retrieved 29 July 2021.
  68. ^ "Infosys Positioned as a Leader in Gartner Magic Quadrant for Data and Analytics Services 2021". www.infosys.com. Retrieved 29 July 2021.
  69. ^ Infosys. "Infosys Ranked #1 in the HFS Top 10 Agile Software Development 2020 Report". PR Newswire. Retrieved 23 July 2020.
  70. ^ "Retail and CPG Digital Services- Infosys is recognized as a Leader by Avasant RadarView". infosys.com. Retrieved 7 October 2020.
  71. ^ "Infosys Recognized as a Leader in Avasant's Retail & CPG Digital Services 2020-2021 RadarView Report". infosys.com. Retrieved 7 October 2020.
  72. ^ "Winners of the 2019 UN Global Climate Action Awards Announced". unfccc.int. Retrieved 15 May 2020.
  73. ^ "Infosys Ranked Number 3 on 2019 Forbes 'World's Best Regarded Companies' List". MarketWatch. Retrieved 19 January 2020.
  74. ^ "Infosys in Winner's Circle of HfS Report for Managed Security Services". Infosys. 5 April 2017. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  75. ^ "Infosys named in Winner's Circle of HfS Blueprint on Industry 4.0 services". Infosys. 17 April 2017. Archived from the original on 8 October 2017. Retrieved 7 October 2017.
  76. ^ "Infosys in Winner's Circle of HfS Report for Utility Operations – 2017". Infosys. 7 June 2017. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  77. ^ "TCS joins top 10 global IT services companies club". Gadgets Now. 22 April 2014. Archived from the original on 28 July 2018. Retrieved 13 September 2018.
  78. ^ "Infosys on the Forbes America's Best Employers By State List". Forbes. Archived from the original on 5 August 2019. Retrieved 5 August 2019.
  79. ^ "#19: Infosys (India) – The World's Most Innovative Companies". Forbes. 6 September 2012. Archived from the original on 7 October 2017. Retrieved 7 October 2017.
  80. ^ "Newsweek Green Rankings 2012: Global 500 List – Newsweek". Newsweek. 22 October 2012. Archived from the original on 13 February 2018. Retrieved 13 September 2018.
  81. ^ "The finance journey". Infosys. Archived from the original on 23 October 2017. Retrieved 23 October 2017.
  82. ^ "Attorney General Becerra Announces $800,000 Settlement Against Infosys for Misclassification of Foreign Workers and Tax Fraud". State of California - Department of Justice - Office of the Attorney General. 17 December 2019. Retrieved 23 October 2020.
  83. ^ "Infosys to settle visa violation case in California for $800,000". The Hindu. Special Correspondent. 18 December 2019. ISSN 0971-751X. Retrieved 23 October 2020.{{cite news}}: CS1 maint: others (link)
  84. ^ Phadnis, Shilpa (19 December 2019). "Infosys news: Infosys pays California $800,000 to settle visa case". The Times of India. Retrieved 23 October 2020.
  85. ^ "Infosys News: Infosys to pay $800,000 to settle worker misclassification, tax fraud charges". The Times of India. 18 December 2019. Retrieved 23 October 2020.
  86. ^ Preston, Julia (20 August 2012). "Judge dismisses Infosys suit". The New York Times. Archived from the original on 21 October 2012. Retrieved 29 October 2012.
  87. ^ "Former Employee Sues Infosys" Archived 9 July 2017 at the Wayback Machine, 9 August 2012, The Wall Street Journal
  88. ^ "'Infosys slashed 80% of my portfolio'" Archived 9 November 2012 at the Wayback Machine, Shayan Ghosh, 14 August 2012, Deccan Herald
  89. ^ "Infosys says settles whistleblower...", 14 December 2012, The Indian Express
  90. ^ Thibodeau, Patrick. "Whistleblower to continue helping U.S. Infosys probe". Computerworld. Archived from the original on 2 November 2012. Retrieved 27 September 2012.
  91. ^ "Infosys to pay $34m fine within 10 days. settlement not to affect future visas". The Times of India. 31 October 2013. Archived from the original on 3 November 2013. Retrieved 2 November 2013.
  92. ^ "Infosys doesn't admit to guilt, but will pay $34 mn US visa fine". First Post. 31 October 2013. Archived from the original on 9 November 2013. Retrieved 2 November 2013.
  93. ^ "Infosys settles visa fraud investigation, pays $34m". The Times of India. 30 October 2013. Archived from the original on 2 November 2013. Retrieved 2 November 2013.
  94. ^ Lynch, Sarah. "Infosys says cleared in U.S. visa probe by Labor Department". Reuters. Archived from the original on 2 February 2017. Retrieved 29 January 2017.
  95. ^ Parkin, Benjamin (10 January 2020). "Infosys probe finds whistleblower complaints were without merit". Financial Times. Financial Times of London. Retrieved 21 August 2020.
  96. ^ Mohapatra, Debasis (21 October 2019). "Whistleblower stings Infosys again; alleges irregularities in accounting". Business Standard India. Retrieved 21 August 2020.
  97. ^ a b Neate, Rupert (28 March 2022). "Sunak under pressure over wife's Russia-related 'blood money' dividends". The Guardian. Retrieved 7 April 2022.
  98. ^ "Infosys: Tech firm part-owned by Chancellor Rishi Sunak's wife closing Russia office". BBC News. 1 April 2022.
Wikimedia Commons has media related to Infosys.
  • Official website Edit this at Wikidata
  • Business data for Infosys Ltd:
Retrieved from "https://en.wikipedia.org/w/index.php?title=Infosys&oldid=1115124254"