Infosys Technologies' third sponsored ADS offering has been oversubscribed 3.4 times on a global scale. Infosys has priced the offer at $53.50 taking the total value of the offer to $1.6 billion.
Infosys directors - N R Narayana Murthy, Nandan Nilekani, T V Mohandas Pai (head of HR) and five others - have collectively offered 1.3 crores
Nilekani is the president of NCAER's governing body, while Rohini Nilekani is the Founder-Chairperson of Arghyam, a foundation that supports initiatives around the country for safe and sustainable water and sanitation.
Software major Infosys Technologies plans to expand operations in Australia and Japan and also rapidly scale up its China operations, as part of its "de-risk" strategy.
'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.
N R Narayana Murthy, Nandan Nilekani and other directors of Infosys Technologies along with Foreign Institutional Investors own half of the company despite a gradual drop in their shareholdings.
Paying more attention to offering clients end-to-end solutions, even as the firm grew new lines of business, will be the way forward at Infosys Technologies.
That's how Infosys CEO Nandan Nilekani sees the country's impact on the US economy, through globalisation and outsourcing.
We are very clear we are building a company that will outlast the founders, demonstrate its longevity and sustainability, and be there for several generations, says the Infosys CEO.
What is perhaps most fascinating is that Infosys was not the first large Indian IT company to raise its head, nor has it been the largest; but it has often shown a remarkable ability to market itself so that it has punched above its weight.
High attrition, poor infrastructure and lack of data protection laws could derail India's booming outsourcing industry, the CEO of Indian software giant Infosys Technologies said on Wednesday.
He also made an appeal not to 'overblow' the issue of data breach.
A film, which questions the West Bengal government's stand on the hanging of rape and murder convict Dhananjoy Chatterjee, has been withdrawn from a state-run theatre with its director alleging that this was done at the behest of the chief minister.
While Infosys board gave a clean chit to the Panaya deal, Murthy stands firm on his allegations and said, 'sadly, it appears we will no longer know the truth'.
As per the Supreme Court order, the verdict on the petition had to be delivered before the court closes for the summer vacation from May 21.
Siddle broke the news to his team mates at the Melbourne Cricket Ground on Sunday after being released from the squad for the third and final Test against New Zealand in Sydney.
Apart from SBI, UPI 2.0 partner banks are HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, YES Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC.
Nandan Nilekani, chief executive officer of IT major Infosys Technologies will be among the world's most prominent business leaders who will address the prestigious 'Fortune 2005 Global Forum' to be held in Beijing from May 16-18.
Till some singles talent is unearthed India will have to look up to captain Leander Paes to deliver the goods, says Davis Cup coach Nandan Bal.
Infosys Technologies has drawn up mega expansion plans for its subsidiary in China to build up service delivery capabilities and serve the local market.
Analysts say IT major cleaning up act before new CEO takes over; regulator might take a year
Aadhaar will provide a big platform to fight corruption, said UIDAI Chairman Nandan Nilekani, who is expected to contest forthcoming Lok Sabha elections on Congress ticket.
Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals
Uttar Pradesh has the potential to attract investment of about Rs 72,000 crore (Rs 720 billion) by 2020 in the field of electronics system design and manufacturing.
The AITA said the appointment was made as captain Leander Paes 'would require help and support'.
Founders have made it very clear that their only interest lies in protecting core values of the company and do not have any interest in running the company, he pointed out.
Nasdaq-listed software major Infosys Technologies said, on Wednesday, that it will recruit 8000-10,000 people this fiscal year and invest $21 million for expansion.
The reduction in holdings comes at a time when technology firms are facing cross currency headwinds due to volatility in the global financial markets
He may make a comeback as co-chairman at India's second largest software exporter.
His resignation as chairman of the government's skill development agencies triggered talk that he may be headed back to the Tata Group where a search committee is looking for a full-time chairman.
The India centre provides both e-mail and telephone-based technical support to Dell's users and develops software applications for the American parent, besides outsourcing work to companies like Infosys.\n\n\n\n
IT major Infosys Ltd on Wednesday maintained that its performance in the first quarter ending June 30, 2005 will be flat while it is acquiring new clients at better prices.
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