Infosys Limited by mbr642


More Info
									Infosys Limited, formerly Infosys Technologies Limited (BSE: 500209, NSE: INFY,
NASDAQ: INFY) is an Indian multinational provider of business consulting, technology,
engineering and outsourcing services company. It is headquartered in Bangalore,

Infosys was co-founded in 1981 by N. R. Narayana Murthy, Nandan Nilekani, N. S.
Raghavan, S. Gopalakrishnan, S. D. Shibulal, K.Dinesh and Ashok Arora after they resigned
from Patni Computer Systems.

Awards and Recognitions
Infosys ranked among the most innovative companies in a Forbes survey [3], leading
technology companies in a report by The Boston Consulting Group [4] and top ten green
companies in Newsweek's Green Rankings [5]

Infosys was voted India's most admired company in The Wall Street Journal Asia 200 [6]
every year since 2000. The corporate governance practices were recognized by The Asset
Platinum award [7] and the IR Global Rankings.[8]

Infosys was also ranked as the 15th most trusted brand in India by The Brand Trust Report [9]

Infosys Foundation

In 1996, Infosys established the Infosys Foundation, to support the underprivileged sections
of society.[11]. At the outset, the Infosys Foundation implemented programs in Karnataka. It
subsequently covered Tamil Nadu, Andhra Pradesh, Maharashtra, Orissa, and Punjab in a
phased manner. A dedicated team at the Foundation identifies programs in the areas of
Healthcare, Education, Culture, Destitute Care and Rural Development.[12]

Academic Entente

Infosys' Global Academic Relations team forges Academic Entente (AcE)[clarification needed] with
academic and partner institutions.[13] It explores co-creation opportunities between Infosys
and academia through case studies, student trips and speaking engagements. They also
collaborate on technology, emerging economies, globalization, and research. Some initiatives
include research collaborations, publications, conferences and speaking sessions, campus
visits and campus hiring.[14]


InStep is Infosys' flagship global internship program. The program students from
management, technical and liberal arts backgrounds. InStep fosters a multi-cultural
environment within the organization and provides strategy and research projects. The InStep
program is also part of AcE activities.[15]
The Infosys Science Foundation

The Infosys Science Foundation, a not-for-profit trust, was set up in February 2009 by the
management of Infosys.[16] The Foundation instituted the Infosys Prize, an annual award, to
honor outstanding achievements of researchers and scientists across five categories: Social
Sciences, Physical Sciences, Engineering and Computer Sciences, Mathematical Sciences
and Life Sciences, each carrying a prize of rupees 50 Lakh. The award intends to celebrate
success in scientific research and stand as a marker of excellence in these fields.

A jury, comprising eminent leaders in each of these fields, evaluates the achievements of the
nominees against the standards of international research, placing the winners on par with the
finest researchers in the world.[17]

Infosys Labs

Infosys Labs is organized as a global network of research labs and innovation hubs. [18]

Infosys Labs collaborates with leading national and international universities such as the
University of Southern California, [19] University of Cambridge, [20] Queensland University of
Technology, University of Illinois at Urbana Champaign, Indian Institute of Technology
Bombay – Monash Research Academy, Purdue University, [21] Indian Institute of Information
Technology, Bangalore.


In October 2009, the northern districts of Karnataka were severely affected by floods after
torrential rainfall. It claimed hundreds of lives and rendered millions of villagers homeless.[22]

The employees of Infosys joined hands to rebuild villages and undertake a mass housing
project. Infoscions, together with the Board of Directors and the Infosys Foundation,
contributed US$ 6.8 million towards relief, rehabilitation and reconstruction.[23]

Allegations of Visa Fraud
An employee of the company filed a civil suit in 2011 in Federal court in Alabama in the U.S.
alleging that Infosys was misusing B-1 visas. on August 20, 2012, the judge dismissed the
suit filed by the employee Mr. Jack Palmer. [24]

Board of directors
As per Annual Report 2011-12 [25]

      S. Gopalakrishnan - executive co-chairman[26]
      S.D. Shibulal - ceo and managing director[26]
      Marti G. Subrahmanyam - lead independent director; professor of finance at the Stern
       School of Business at New York University
      Deepak M. Satwalekar - independent director; former ceo of HDFC Standard Life Insurance
       Co.; consultant to the World Bank and others[26][27]
   Omkar Goswami - independent director; economist and business journalist for Business
   Sridar A. Iyengar - independent director; operating partner, Bessemer Venture Partners;
    formerly KPMG[26][28]
   David L. Boyles - independent director; retired banker; IT consultant[26][29]
   Prof. Jeffrey S. Lehman - independent director; deputy chancellor and ceo, New York
    University Shanghai; previously dean, Peking University School of Transnational Law,
    Shenzhen, China; University of Michigan Law School, Cornell University[26]
   K.V. Kamath - chairman of the board[26]
   R. Seshasayee - independent director; executive vice chairman Ashok Leyland, chartered
   Ann M. Fudge, independent director; former CEO of Young & Rubicam and member of U.S.
    President Barack Obama's National Commission on Fiscal Responsibility and Reform[31][26]
   Ravi Venkatesan - independent director; former executive Microsoft India, Cummins
   K. Dinesh - director and head, communications design group, information systems, and
    quality & production
   Srinath Batni - director and head, delivery excellence[26]
   V. Balakrishnan, chief financial officer[31][26]
   B. G. Srinivas, senior vice president and head, Banking and Financial Services[31][26]
   Ashok Vemuri, senior vice president and head,manufacturing, product engineering, product
    lifecycle and engineering solutions and strategic global sourcing[31][26]

To top