Infosys

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Infosys Technologies Limited.

Public
Type BSE: 500209
NASDAQ: INFY

IT services
Industry
IT consulting

Founded 2 July 1981 (1981-07-02)

N R Narayana Murthy
Nandan Nilekani
N. S. Raghavan
Founder(s) Kris Gopalakrishnan
S. D. Shibulal
K Dinesh
Ashok Arora

Headquarters Bangalore, Karnataka, India

N R Narayana Murthy
(Chairman)

Kris Gopalakrishnan
Key people
(CEO & MD)

S. D. Shibulal
(COO & Director)
 Products Finacle

Information technology consulting

Services
services, solutions and outsourcing.

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

Revenue
[1]
March, 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]

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

Website Infosys.com

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 30 countries and
development centres in India, China, Australia, UK, Canada and Japan.[5]

Contents
[hide]
 • 1 History
• 2 Current share holding
• 3 Initiatives
○ 3.1 Intranet
• 4 Research
• 5 Charity
• 6 Controversy
• 7 Global offices
○ 7.1 Asia Pacific
○ 7.2 North America
○ 7.3 Europe
○ 7.4 South America
• 8 Notes
• 9 References
• 10 External links

[edit] 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,
Orissa and Punjab. The Infosys Foundation is headed by Mrs. Sudha Murthy, wife of Founder
Cum Chief Mentor Narayana 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]
[edit] Global offices
[edit] Asia Pacific
India - Bangalore, Pune, Bhubaneswar, Chandigarh, Chennai, Hyderabad, Jaipur, Mangalore,
Mysore, Thiruvananthapuram,[27] 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
[edit] 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
[edit] 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
[edit] South America
Brazil - Belo Horizonte

Infosys, Pune Movie Theatre, Mysore Swimming pool & spa,

campus Mangalore campus
campus Bangalore campus

Dancing fountains,
Bangalore campus Infosys Mysore campus Pune campus
Bangalore campus

Infosys Chennai main The intergerated Eco-

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

Chandigarh.jpg
Chandigarh campus
BPO Building,
Bangalore campus Canteen, Bangalore
campus

IT the key to service performance

.

by James Brian Quinn , Martin N. Baily

During the 1980s, U.S. macroeconomic measures indicated only a 0.7 percent productivity
growth in services, despite a virtual doubling of information technology investments--to $750
billion.
If real, this apparent disparity between IT input and service sector performance--often
confusingly labeled the "productivity paradox"--would have serious consequences not only for
business, but for the nation. Services now account for four of every five U.S. jobs and three
quarters of the value added in gross domestic product. If the information technology in which the
service sector has invested so heavily does not improve its performance, future wealth
generation, employment, wages, business profitability, and growth will all suffer.
Explanations for the productivity paradox abound. One is that the weak productivity
performance of the service sector is unrelated to the investments made in IT. Rather, such things
as the maturing of the sector, inefficient regulatory practices, poor worker schooling, or the
sector's inherently personalized service outputs have hindered productivity improvements.
Another possibility is that slow growth in productivity resulted from wasteful or inefficient use
of IT. More optimistically, the payoffs from IT investments have merely been delayed because
software, network support, or training systems have not kept pace with hardware advances. In
time, measured productivity will rise and all will be well.
Which explanation to believe? According to a recent National Research Council report, IT has
substantially improved service sector performance--but in ways that neither government data
banks nor company management are yet able to measure reliably. Measuring the convenience
created by a computerized reservation system is very different from counting cars that roll off an
assembly line.
The Bird's Eye View
From 1948 to 1973 several service industries--notably communications, utilities, and wholesale
trade--significantly outperformed manufacturing in measured productivity growth. From 1973 to
1989 productivity gains in communications and utilities still exceeded those in manufacturing, as
well as in mining, construction, and the total goods-producing sector. But since 1973, measured
productivity growth in manufacturing has exceeded that in almost all other service industries.
These figures, however, must be interpreted cautiously. Even the Bureau of Labor Statistics,
which collects and calculates productivity data, notes that the measures for aggregate service
sector productivity have serious limits. And trying to isolate the effects of a single input factor
like IT only compounds the problem.
What are the key shortcomings in the measures? First, the outputs of many service industries are
hard to define. What, for example, are the units of output for a consulting, auditing, legal, fire
fighting, or museum enterprise? Second, for many key service industries, notably banking,
education, health care, and government, outputs are actually measured by inputs. Third, the
effects of new products and quality improvements are rarely well captured. Knowing how many
procedures a hospital performs is of little use unless you know how they affected patients' health
or well-being. In addition, standard databases entirely overlook or fail to keep up with the advent
of new services, such as new home health care, personal security, or entertainment concepts.
Fourth, competition often robs the investing industry of the productivity benefits of its IT
investments, forcing it to pass them along to customer industries. For these reasons, standard
data may not indicate how much individual service industries are actually increasing productivity
by means of IT. Nor do the data tell us how improvements in the sector are adding to overall
GDP growth relative to manufacturing or other industries that are being served by the service
sector.
A Closer Look
Convinced that existing aggregate data cannot reliably measure either productivity growth in
services or the incremental contribution of IT to productivity, the NRC took a closer look at the
effects of IT in specific service industries. It focused on major users of IT, which account for
about 27 percent of U.S. GDP and 35 percent of employment. For some industries, reasonably
reliable output and productivity measures--for example, ton miles or passenger miles per
employee in airlines--are readily available. For others, notably health care, they are not. Not
surprisingly, there appear to be wide variations among industries and little correlation between
IT investment levels and industry profits, growth, or productivity gains.
All the industries scrutinized by the NRC have invested massively in mainframe computers,
communications, software, data storage, networking, and distributed processing systems.
Because of rapid technological advances and the need to purchase computer systems in integral
units, all often experienced short-term overcapacity. Once IT infrastructures were in place,
however, their costs (including ...

nformation technology
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Information and communication technology spending in 2005
Information technology (IT) is "the study, design, development, implementation, support or
management of computer-based information systems, particularly software applications and
computer hardware", according to the Information Technology Association of America (ITAA).
[1]
IT deals with the use of electronic computers and computer software to securely convert, store,
protect, process, transmit, input, output, and retrieve information.
Today, the term information has ballooned to encompass many aspects of computing and
technology, and the term has become very recognizable. IT professionals perform a variety of
duties that range from installing applications to designing complex computer networks and
information databases. A few of the duties that IT professionals perform may include data
management, networking, engineering computer hardware, database and software design, as well
as the management and administration of entire systems. Information technology is starting to
spread farther than the conventional personal computer and network technology, and more into
integrations of other technologies such as the use of cell phones, televisions, automobiles, and
more, which is increasing the demand for such jobs.
When computer and communications technologies are combined, the result is information
technology, sometimes called "infotech." Information technology is a general term that describes
any technology that helps to produce, manipulate, store, communicate, and/or disseminate
information.
In recent days, ABET and the ACM have collaborated to form accreditation and curriculum
standards[2] for degrees in Information Technology as a distinct field of study separate from both
Computer Science and Information Systems. SIGITE[3] is the ACM working group for defining
these standards. The Worldwide IT services revenue totalled $763 billion in 2009.[4]
It is important to consider the overall value chain in technology development projects as the
challenge for the value creation is increasing with the growing competitiveness between
organizations that has become evident (Bird, 2010). The concept of value creation through
technology is heavily dependent upon the alignment of technology and business strategies. While
the value creation for an organization is a network of relationships between internal and external
environments, technology plays an important role in improving the overall value chain of an
organization. However, this increase requires business and technology management to work as a
creative, synergistic, and collaborative team instead of a purely mechanistic span of control.
Technology can help the organization recognize improved competitive advantage within the
industry it resides and generate superior performance at a greater value, [1] according to Bird
([5]).
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Other Series : EQ |

Historical Data

INFOSYSTCH - EQ

REFRESH As on 09-SEP-2010 16:00:10 Hours IST

Security Name Face Value ISIN Code 52 week high price 52 week low price

5.00 INE009A01021 2910.00 2130.10

Infosys Technologies Limited

Price
Order Book
Informatio
Buy Qty n Buy Price Sell Price Sell Qty
- 287 - 2895.00 545
Open- 0.1 - - -
0
- - - -
290
High- 0.0 - - -
0
- - - -
285
Low -
Total Buy Qty Total Sell Qty 545
8.0
0
28
Corporate
Last Price 87.Action Information
Record Date 00 - EX - Date 26-MAY-10
BC Start Date 287
29-MAY-10 BC End Date 12-JUN-10
Prev.
9.4
Close
ND start Date 0 - ND End Date -
Purpose AGM/DIV-RS.15/-
289 PER SHARE
Close
5.0
Price
0
7.6
Change
0
0.2
% Change
6
288
VWAP 7.6
5
Total
 Turnover 274
in 01.
Rs.Lakhs 6

Security-wise Delivery Position -9SEP2010

Deliverable Quantity (gross across client % of Deliverable Quantity to Traded
Quantity Traded
level) Quantity
948924 625425 65.91

Value at Risk (VaR)

Security VAR Index VAR VAR Margin Extreme Loss Rate Adhoc Margin Applicable Margin Rate
4.25 - 7.50 5.00 - 12.50

Note:

• % change is w.r.t. Prev. Close

• On ex-date % change is w.r.t. open price
• On the date of movement of security from/to trade for trade segment, % change is w.r.t. open price
• 52 week high & 52 week low prices are based on the trade date & not adjusted with corporate action

Other Info: Corporate Announcements | Board Meetings | Financial Results | Corporate Actions
Company Address | Shareholding Pattern | Results Comparison | Price Band