|Aug 22, 2017|
|Aug 22, 2017|
Currency in INR
Information Technology Services
|Full time employees:||200,364|
Infosys Ltd. is a consulting, technology and outsourcing company, which provides end-to-end business solutions thereby enabling clients to enhance business performance. The company operates through following segments: Financial Services, Manufacturing, Retail, Consumer packaged goods and Logistics, the Energy & Utilities, Communication & Services, Hi-Tech, Life Sciences, Healthcare & Insurance and All Other. It offers information technology services, engineering Services, consulting Services, BPO services and products and platforms. The company's end-to-end business solutions include business information technology services, comprising application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services, comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide. Infosys was founded by K. Dinesh, S. Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Nandan M. Nilekani, Raghavan N. S., Ashok Arora and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.
Infosys is India's second-largest information technology service company. It develops and maintains software for corporate customers and also provides a wide range of IT-related services, including consulting.
The company serves customers in more than 50 countries and has a global workforce of more than 160,000 people. Of its consolidated sales, more than 90% are generated in overseas markets, including the U.S.
Infosys symbolizes the Indian IT industry's rapid progress. It was established with $250 capital in 1981 by seven co-founders. It grew in the 1990s, mainly by winning contracts to develop software and systems for overseas clients. India's IT industry attracted attention when they handled contracts related to the Y2K problem, which was expected to lead to computer problems in 2000. Infosys rapidly moved up the ladder to become a global IT business. In 1999, it became the first Indian company to list on the Nasdaq in New York.
Co-founders and their families have a combined equity stake of more than 10% in Infosys. Since the company's establishment, four co-founders, including Narayana Murthy, served as CEOs. However, in 2014, Vishal Sikka, a former executive at German software maker SAP, became the company's first CEO from outside the group of co-founders.
In the news
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Sikka's exit gives company new challenge in navigating industry transformation
August 18, 2017 11:30 pm JST
- Local currency
- US Dollar
|Income before tax||199,810M|
|Dividends per share||25.75|
|Operating cash flow||142,840M|
Currency in INR
|Income before tax||2,979.70M|
|Dividends per share||0.38|
|Operating cash flow||2,130.12M|
Currency in USD
- Chief Executive Officer, Director & MD: U. B. Pravin Rao
- Chief Financial Officer & Executive Vice President: Ranganath D. Mavinakere
- SVP & Group Head-Information Systems: Ganesh Gopalakrishnan
- VP & Head-Information Technology Services: K. Suryaprakash
- Chief Information Officer: V. G. Dheeshjith
- Life Insurance Corp. of India(7.0%)
- OppenheimerFunds, Inc.(2.6%)
- The Vanguard Group, Inc.(2.5%)
- BlackRock Fund Advisors(2.3%)
- GIC Pte Ltd. (Investment Management)(2.2%)
- HDFC Asset Management Co. Ltd.(2.1%)
- GOPALAKRISHNAN SUDHA(2.1%)
- Aberdeen Asset Management (Asia) Ltd.(2.0%)
- Abu Dhabi Investment Authority (Investment Management)(1.7%)
- ICICI Prudential Asset Management Co. Ltd.(1.4%)
- Website: http://www.infosys.com
- Address: Electronics City, Hosur Road, Bangalore, 560100, India
- Phone: +91 80 2852-0261
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