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Infosys

Infosys
Infosys

Infosys Technologies (NASDAQ: INFY) is a Globally recognized India-based IT Services, Consulting and outsourcing company. The company defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a flat world. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 100,000 employees and operates globally from 21 countries.

On the Stock Market

Infosys Technologies is listed on BSE, NSE and NASDAQ. Known to be a conservative company, Infosys is well known to give a lower guidance for the stock markets and beat it rather than set higher expectations and not reaching them.

Management

  • KV Kamath (Chairman)
  • S Gopalakrishnan (Co-Chairman)
  • SD Shibulal (CEO & MD)
  • Chief Financial Officer: Rajiv Bansal (to take over in November 2012)

Founders

  • NR Narayana Murthy
  • Nandan Nilekani
  • N. S. Raghavan
  • S. Gopalakrishnan
  • S. D. Shibulal
  • K Dinesh
  • Ashok Arora

Products

Finacle Universal Banking Solution

Clients include The Co-operative Financial Services (CFS) (since April 2009)

Subsidaries

Timeline

  • In March 09, the company was awarded multi-million dollar support contract from Telstra, Australia competing with rival IBM Global Services.
  • On May 21, 2009, 5 Infosys employees are killed and eight injured when their bus overtuned at Sankeshwar, 40 kms from Belgaum, Karnataka, India
  • July 09: SABMiller has chosen Infosys to conduct in-store projects leveraging the Infosys ShoppingTrip360 solution to analyze shopper and shelf activity around their beverage brands, helping improve the uptake of SABMiller products.

Financials

  • 2009 1st Quarter (ending June 30, 2009): Announed on July 10, 2009: Revenues were $ 1,122 million for the quarter ended June 30, 2009; YoY decline was 2.9%. Net income after tax was $ 313 million for the quarter ended June 30, 2009; YoY growth was 1.6%. Earnings per American Depositary Share (ADS) increased to $ 0.55 from $ 0.54; YoY growth of 1.9%
  • 2009 2nd Quarter (ending September 30, 2009) : Announced on October 9, 2009: Revenue stood at Rs 5,585 crore. The company has raised the guidance for full-year revenue and earnings per share (EPS) giving signs of a possible recovery for the IT industry
  • 2012 1st Quarter (ending June 30, 2012): Infosys second quarter revenue stands at Rs. 9616 crore
  • 2012 2nd Quarter (ending September 30, 2012): Infosys second quarter revenue stands at Rs. 9858 crore, up 2.5% QoQ

Infosys Technologies stock price on select dates

The Infosys Foundation

Established in 1996, the Infosys Foundation is the philanthropic arm of Infosys Technologies Ltd. and has the sole objective of fulfilling the social responsibility of the company by creating opportunities and working toward a more equitable society. The Infosys Foundation has made effective strides in the areas of healthcare, education, social rehabilitation, and the arts. The company contributes up to one percent of its profit to the foundation each year.

ACM-Infosys Foundation Award

The 2008 ACM-Infosys Foundation Award is presented to Jon Kleinberg, a professor at Cornell University for his contributions to improving Web search techniques that allow billions of Web users worldwide to find relevant, credible information on the ever-evolving Internet.

Infosys Technologies in News

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Qualys Announces First Quarter 2014 Financial Results
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Seattle City Light to Support Smart Grid Initiatives and Improve Customer Service With Oracle Utilities Applications and Technology Solutions
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ASM Presents the Awards for Excellence
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Shri Kris Gopalakrishnan, Executive Vice Chairman of Infosys Technologies Joins IIT Madras Board of Directors
Infosys co-founder and executive vice chairman Shri Kris Gopalakrishnan joins IIT Madras’s Board of Directors. “We are extremely proud to welcome Kris Gopalakrishnan to our board” said Prof. Bhaskar Ramamurthi, Director of IIT Madras. “Kris Gopalakrishnan represents a generation of engineer-scientists who have made India a global player in the software industry

Arkieva Supply Chain Software Expands Its Global Presence by Opening New Office in India

Arkieva (www.arkieva

A Little Homework Goes a Long Way - Research & Analysis on Computer Sciences Corporation and Infosys Limited
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Equity Briefing: Stock Analysts' Downgrades for July 12th: AEC, DRWI, EW, FIS, N, SKS
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Today’s Market Driven by Key Factors - Featured Research on Marsh & McLennan Companies, Inc. and PNC Financial Services
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2012 Economic Outlook - Report Highlights Eni S.p.A. (ADR) and Approach Resources Inc.
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Aiyar lashes out at Azim Premji, Murthy for expressing distrust in govt.
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ADaRSH in Association with MNRE and TERI Organises the 3rd National Conference on Green Design
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India’s First ever Legal Counsel Awards takes place in Mumbai
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RAPOWERGEN Engineers Pvt. Ltd. Emerges ‘Leader of Tomorrow’
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Dicitex Furnishing Ltd. Bags Leader of Tomorrow Award (Home Decor & Handicrafts)
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Span Diagnostics Ltd. Hits Bull’s Eye at ‘ET NOW-IndiaMART Leaders of Tomorrow Awards 2011’
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A Night to Remember for Camlin Fine Chemicals Ltd. at ‘ET NOW-IndiaMART Leaders of Tomorrow Awards 2011’
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Sweet Success for Hosmac India Pvt. Ltd. at ET NOW-IndiaMART Leaders of Tomorrow Awards 2011
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Pitney Bowes Software India wins at ‘Asia Best Employer Brand Awards 2010’
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North America Partners Demonstrate Customer Excellence at Oracle OpenWorld 2010
MarketWire

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US decision to curb outsourcing of IT projects regressive: Anand Sharma
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Infosys Launches Finacle Analyz(TM)
PR Newswire

Crime rate in Kolkata lower in comparison to other metros: West Bengal CM
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Infosys Chairman Narayana Murthy plays down U.S. Senators chop shop comment
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Finacle(TM) Powers Transformation at Hatton National Bank
PR Newswire

Sensex advances by 103 points; highest level since 2008
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Turkland Bank, Turkey Selects Finacle(TM) From Infosys to Drive Innovation
PR Newswire

Infosys Technologies (Nasdaq: INFY) Announces Results for the Quarter Ended June 30, 2010
PR Newswire

European crisis hits profits of Infosys
Infosys Technologies quarterly summary presents a surprise drop in the profits due to a weak European economy which in turn could curb new orders and dampen a recovery for Indias outsourcing sector. ANI

Global financial recovery may be slow: Narayana Murthy
Infosys Technologies Chairman N. R. Narayana Murthy has said the recovery from the global financial crisis might be slow and weak. ANI

Infosys to hire 30,000 professionals this year
Infosys Chief Executive Officer and Managing Director Kris Gopalakrishnan expressed confidence that the growth in Information Technology industry has returned. ANI

Pranab Mukherjee says sky is the limit for India-Pakistan business
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IAOP Announces 2010 Rankings for the World’s Best Outsourcing Providers and Advisors
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Oracle Announces Oracle(R) Application Integration Architecture Foundation Pack 11gR1
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Indian IT major Infoys bags three-year Microsoft outsourcing deal
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Infosys net profit grows 2.21 pct in quarter four results
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Share index rises above 18,000 points
The share index on Wednesday climbed above 18,000 points for the first time in more than two years, driven by robust earnings expectations and firm global equities. ANI

IR Global Rankings Announces 2010 Asia-Pacific and China Awards at IRvoice Beijing Forum 2010
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Q3 results of Wipro herald revival of outsourcing services in IT sector
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Infosys signals sector recovery, boosts tech stocks
Infosys Technologies, Indias No.2 outsourcer on Tuesday reported a 2.8 percent rise in its third quarter. ANI

Reconstituted India-US CEOs Forum to meet PM,Obama
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Bombay stock exchange Sensex rises 208 points in opening trade
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Sensex down by 184 points in opening trade on Asian cues
The Bombay Stock Exchange (BSE) benchmark Sensex today fell over by 184 points as the funds and retail investors preferred to book the profits amid weak Asian markets. ANI

Sonia inaugurates Infosys education centre in Mysore
Sonia Gandhi, chief of Indias ruling Congress Party, today inaugurated a world-class corporate global education centre of Infosys Technologies in Mysore. ANI

Unique Identification Authority advisory council meets in New Delhi
Eleven members of a council constituted by Prime Minister Manmohan Singh to advise the Unique Identification Authority of India (UIAI) met here on Wednesday. ANI

Sensex slips 197 points in early trade
The Bombay Stock Exchange (BSE) benchmark Sensex fell by almost 197 points in early trade on Wednesday. ANI

Infosys signs strategic agreement with Bancolombia
Bangalore-based software major Infosys Technologies Ltd and Bancolombia today announced that Bancolombia, the largest universal bank in Colombia and among the top 500 banks globally, has selected FinacleTM Universal Banking Solution to power its operations in Colombia and its international subsidiaries. ANI

CISF to guard Infosys complex in Bangalore
Infosys Technologies (Infosys) has availed the security cover facilitated by the Central Industrial Security Force (CISF) for its vast complex located in Bangalore. ANI

BSE surges to a high of 310 points
The Bombay Stock Exchange (BSE) benchmark index surged by over 310 points during the early trade on Friday, which is said to the highest in this year. ANI

Wipro successfully adapting to global meltdown
Wipro chairman Azim Premji said on Wednesday that they are adapting successfully to the global meltdown. ANI

Pitroda, Murthy and S Ramadorai considered for Air Indias top management spots
The Civil Aviation Ministry is reportedly considering the names of Sam Pitroda, Narayana Murthy and S Ramadorai, who are top entrepreneurs and technocrats, for reviving Air India in order to bring high quality people of great integrity and proven track record in business. ANI

Sensex falls below 14,000 level
The Bombay Stock Exchange (BSE) benchmark index dipped below 14,000 point mark during early trade on Wednesday, due to the heavy selling by funds in heavy-weight stocks, and also weak global markets. ANI

Narayana Murthy praises General Budget
Chairman and chief mentor of the Infosys Technologies Ltd NR Narayana Murthy has said the General Budget will bring the economy back on rails. ANI

Two leading global banks to power direct banking operations with FinacleT
Infosys Technologies today announced the launch of FinacleT Direct Banking Solution, a comprehensive solution that supports the full-fledged branchless delivery of a range of assets and liabilities solutions, through the Internet, mobile or call centre channels. Infosys also offers complete operational partnership along with the solution including consulting, implementation, and BPO. ANI

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