IT major Infosys Technologies is all set to expand its operations in Hyderabad with a second campus that would come up in 550 acres with an investment of Rs 1,250 crore (Rs 12.50 billion) over the next ten years.
N R Narayana Murthy, Chairman, Infosys, has plans to turn the company into a bigger, stronger, and global player.
Infosys Technologies will seek shareholders' nod for the sponsored Amercian Depository Shares issue at its extraordinary general meeting scheduled on December 18.\n
With a view to tap the east Europe market better, the Nasdaq-listed software major Infosys is planning to set up a centre in Czechoslovakia for both information technology and business process outsourcing operations.
Information Technology major Infosys Technologies on Monday said it will convert 16 million shares traded in India into American Depository Shares that would increase the float of its stock in the US stock market.
The two firms have signed an advanced development deal that will provide BT with a novel automated resource management system.
After two decades of being in the information technology business, India is still a 'toddler' with only 2 per cent of global market share, according to N R Narayana Murthy, Chairman and Chief Mentor, Infosys Technologies Ltd.
BRICS PCG recommends a "Buy" on Infosys Technologies at Rs 2183
Software major Infosys Technologies said on Saturday that the passage of the law by the US Senate banning sub-contracting work to other countries, including India
The software major Infosys Technologies on Friday said it has been served with the notice in second sexual harassment lawsuit filed against the company and its former director Phaneesh Murthy during the quarter ending December 2003.
US-based PerformanceRetail, Inc, which provides technology solutions for the retail industry, said it had picked India's Infosys Technologies Ltd to provide it services in product development and maintenance.
Infosys Technologies is investing an additional $10 million to further globalise its banking solutions product Finacle, besides expanding its sales force in Europe and Asia Pacific for banking products.
Infosys Technologies Ltd has agreed in principle to set up a software development centre in Kolkata, West Bengal Chief Minister Buddhadev Bhattacharjee said on Friday.
Infosys, however, remains the 'dream company' in the IT arena, while MNCs occupy the maximum mindshare of professionals.
Software major Infosys Technologies Ltd has signed an agreement to acquire Australia-based Expert Information Services for $22.9 million.
Infosys is likely to continue on a high-growth path. As the company moves up the value chain, due to higher billing rates earned, revenues are expected to grow.
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
State Bank of India has selected Finacle Universal Banking, the core banking solution of Infosys Technologies, to power its international operations
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.