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== Current share holding ==
== Current share holding ==


Promoters and their families hold 16%. Financial Institutions and Corporations own 44%,out of which FIIs own 35.84%. Corporate Bodies,Individuals and Shareholders own around 21%. Total Public Shareholding is 65.34%. [[LIC]],which is a Govt. of India enterprise, and falls in the Public Category and owns 3.84% of the Shares. Shares held by Custodians against which Depository receipts have been issued is 18.61%. <ref>http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-Holding/clause35-june30-2010.pdf</ref>
Promoters and their families hold 16%.[[LIC|Govt. of India enterprise]] with 3.84% can be termed as the single largest share holder. [[Abu_Dhabi_Investment_Authority|Govt. of UAE ]] and Govt. of Singapore also holds significant shares.Rest of the shares are owned by Financial institutions,Individual investors. <ref>http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-Holding/clause35-june30-2010.pdf</ref>


== Initiatives ==
== Initiatives ==

Revision as of 19:49, 29 October 2010

Infosys Technologies Limited
Company typePublic
BSE: 500209
Nasdaq: INFY
IndustryIT services
IT consulting
Founded2 July 1981 (1981-07-02)
FounderN R Narayana Murthy
Nandan Nilekani
N. S. Raghavan
Kris Gopalakrishnan
S. D. Shibulal
K Dinesh
Ashok Arora
HeadquartersBangalore, Karnataka, India
Key people
N R Narayana Murthy
(Chairman)
Kris Gopalakrishnan
(CEO & MD)
S. D. Shibulal
(COO & Director)
ProductsFinacle
ServicesInformation technology consulting services, solutions and outsourcing.
RevenueIncrease ₹21,140 crore (US$2.5 billion) (31st March, 2010)[1]
Increase ₹7,472 crore (US$900 million) (2010)[1]
Increase₹5,803 crore (US$700 million) (2010)[1]
Total assetsIncrease $6.150 billion (2010)[2]
Total equityIncrease $5.361 billion (2010)[2]
Number of employees
114,822 (2010)[3][4]
DivisionsInfosys BPO
Infosys Consulting
Infosys Public Services
Infosys Australia
Infosys Brazil
Infosys China
Infosys Mexico
Infosys Sweden
WebsiteInfosys.com

Infosys (BSE: 500209, Nasdaq: INFY Kannada: ಇನ್ಫೊಸಿಸ್) 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 in India, China, Australia, UK, Canada and Japan.[5]

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. The 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]

File:Bangalore Infy.jpg
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. 110 before the catastrophic incident of September 11th, 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] Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai. [12]

In 2001, it was rated Best Employer in India by Business Today.[13] 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.[14]

Infosys was the only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005, and is inducted into the Global Hall of Fame for the same.[15][16]

Current share holding

Promoters and their families hold 16%.Govt. of India enterprise with 3.84% can be termed as the single largest share holder. Govt. of UAE and Govt. of Singapore also holds significant shares.Rest of the shares are owned by Financial institutions,Individual investors. [17]

Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.[18]

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, Orissa and 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.[19] 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.[20]

File:Whartan.Infosys.Business.Transformation.Award.Logo.gif

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.[21]

In 2009, Infosys created Infosys Prize for excellence in Physical Sciences, Mathematical Sciences, Engineering and Computer Science, Life Sciences and Social Sciences.[22]

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.[23] Infosys is the first Indian company to be selected for the group's Intranet Design Annual Award.

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

Charity

In 2005, Infosys donated 10m rupees (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan.[25] Infosys does not currently have an office in Pakistan.

Global offices

Asia Pacific

India - Bangalore, Bhubaneswar, Chandigarh, Chennai, Hyderabad, Jaipur, Mangalore, Mysore, Pune, Thiruvananthapuram,[26] Australia - Melbourne, Sydney and China - Beijing, Shanghai

Further information: Infosys China

Hong Kong - Hong Kong, Japan - Tokyo, Mauritius - Mauritius, New Zealand - Wellington, UAE - Sharjah, Philippines - Taguig City, Fiji Island - Suva and Thailand - Bangkok

North America

Canada - Toronto, USA - Atlanta (GA), Bellevue (WA), Bridgewater (NJ), Charlotte (NC), Southfield (MI), Fremont (CA), Houston (TX), Glastonbury (CT), Lake Forest (CA), Lisle (IL), New York, Phoenix (AZ), Plano (TX), Quincy (MA), Reston (VA) and Mexico - Monterrey

Europe

Czech Republic - Brno, Belgium - Brussels, Denmark - Copenhagen, Finland - Helsinki, France - Paris, Germany - Frankfurt, Stuttgart, Italy - Milano, Norway - Oslo, Poland - Łódź, The Netherlands - Amsterdam, Spain - Madrid, Burgos, Sweden - Stockholm, Switzerland - Zürich, Geneva and UK - Canary Wharf, London

South America

Brazil - Belo Horizonte

Notes

  1. ^ a b c "BSE 2010 Data". http://www.bseindia.com. Retrieved 2010-09-07. {{cite web}}: External link in |publisher= (help)
  2. ^ a b Rakesh R.S. Garia (2010-04-13). "Results for the Fourth Quarter and Year ended 31 March 2010" (PDF). infosys.com. Infosys. Retrieved 2010-04-13.
  3. ^ "Top 20 IT-BPO employers in India : Rediff.com Business". Business.rediff.com. Retrieved 2010-07-29.
  4. ^ a b Infosys Technologies Limited (2010-06-30). "What We Do | About Us". Infosys. Retrieved 2010-07-27.
  5. ^ Infosys Technologies Limited. "Fact File | Who We Are | About Us". Infosys. Retrieved 2010-07-27.
  6. ^ Narayana Murthy. "Learn entrepreneurship the Infosys way! - CNBC-TV18/TiE-Leaders and Learners". Moneycontrol.com. Retrieved 2010-07-27.
  7. ^ "Rediff On The Net, Infotech: Infosys begins work on Rs 1.35-billion Pune centre". Rediff.com. 1999-01-11. Retrieved 2010-07-27.
  8. ^ "Business: Infosys: Money Machine". India-today.com. 1999-11-08. Retrieved 2010-07-27.
  9. ^ "Money Machine". India Today. 8 November 1999. Retrieved 209-04-12. {{cite web}}: Check date values in: |accessdate= (help)
  10. ^ "Passage to India". Forbes. 30 October 2000. Retrieved 2009-04-12.
  11. ^ "Clinton calls for closer ties to boost IT business". Indian Express. 25 March 2000. Retrieved 2009-04-12.
  12. ^ "Infy plans Rs 440-cr China campus". business.rediff.com. Retrieved 25 Oct 2010.
  13. ^ R. Sukumar. "India's Best Employers: The Top 5". A BT-Hewitt study. Business Today. Archived from the original on 2006-07-01. Retrieved 2006-10-10.
  14. ^ "INFY 2007 20-F, Item 6". Sec.gov. Retrieved 2010-09-07.
  15. ^ "Infosys recognized as a Globally Most Admired Knowledge Enterprise for 2004" (PDF). A Teleos study. Infosys Media. Retrieved 2004-12-01.
  16. ^ "Infosys in the Global Hall of Fame".
  17. ^ http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-Holding/clause35-june30-2010.pdf
  18. ^ Infosys Technologies Limited. "Sustainability". Infosys. Retrieved 2010-07-27.
  19. ^ Infosys Technologies Limited. "InStep | About Internship | Global Academic Program". Infosys. Retrieved 2010-07-27.
  20. ^ "Summer fun". The Hindu. 2004-06-14. Retrieved 2006-10-12.
  21. ^ Infosys Technologies Limited. "Sonia Gandhi Inaugurates Global Education Center in Mysore | Press Releases | Newsroom". Infosys. Retrieved 2010-07-27.
  22. ^ "Infosys Prize – About". Infosys-science-foundation.com. Retrieved 2010-07-27.
  23. ^ "10 Best Intranets of 2007". Useit.com. 2007-01-15. Retrieved 2010-09-07.
  24. ^ "Tracking a Shopper's Habits". Technology Review. Retrieved 2010-07-27.
  25. ^ "South Asia | Indian quake aid reaches Pakistan". BBC News. 2005-10-12. Retrieved 2010-07-27.
  26. ^ Infosys Technologies Limited. "Contact | APAC". Infosys. Retrieved 2010-09-07.

References

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