Infosys

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

in Bengaluru, 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.

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]

Infosys headquarters in Bengaluru, India

Infosys went public in 1993. Interestingly, Infosys IPO was under subscribed but it was bailed out by US
investment bankerMorgan 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. 
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.

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. 

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]

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
includeSamsung, 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 - Bengaluru, Bhubaneswar, Chandigarh, Chennai, Hyderabad, Jaipur, Mangalore, Mysore, Pune, T
hiruvananthapuram,[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, Germ
any - Frankfurt, Stuttgart, Italy - Milano, Norway - Oslo, Poland - Łódź, The Netherlands -
Amsterdam, Spain - Madrid, Burgos, Sweden - Stockholm, Switzerland - Zürich, Geneva and UK - Cana
ry Wharf, London

South America
Brazil - Belo Horizonte

Infosys, Pune campus
Movie Theatre, Mysorecampus Swimming pool & Mangalore campus

spa,Bangalore campus
Bangalore campus Infosys Mysore campus Dancing Pune campus

fountains,Bangalore campus

Infosys Chennai main block The intergerated Eco-Friendly

Swimming The largest TV screen in
at Mahindra World City, New Block atChennai,one of the biggest
pool, Mysorecampus Asia, Bangalore campus
Chennai in the world

Chandigarh.jpg

Chandigarh campus

BPO

Building, Bangalorecampus Canteen, Bangalorecampus

Notes

1. ^ a b c "BSE 2010 Data". http://www.bseindia.com. Retrieved 2010-09-07.

2. ^ a b Rakesh R.S. Garia (2010-04-13). "Results for the Fourth Quarter and Year ended 31 March
2010". 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.
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

 "Infosys Overview". Retrieved 2006-08-23.

 Infosys Technologies Australia Pty Ltd. (2003-12-18). "Infosys releases agreement to acquire Expert

Information Services Pty Limited, Australia (PDF)". Press release. Retrieved 2006-10-11.

 Bharat kumar (2002-08-07). "A twist to the tale". Business Line.

 Infosys News (2007-12-12). "Latest Happenings at Infosys". Top News.

 M.Bala Murugan (2010-04-16). "Latest News". Daily Dhanthi.

External links
 Official website
 Infosys Consulting Division
 Infosys Blogs Website
 Infosys Foundation website
 Infosys Science Foundation website
 Infosys Campus Connect Program website