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Infosys Limited
Sector:IT IT - Software - Large
BSE:500209NSE:INFYBloomberg:INFO@INReuters:INFY.BO
Market Lot: 1Face Value: 5ISIN Demat: INE009A01021
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06-Dec-2018
Business Profile
Infosys Technologies Limited provides consulting and information technology services to clients globally by delivering end-to-end business solutions. Infosys provides solutions for a dynamic environment where business and technology strategies converge. Its solutions include application development and maintenance, corporate performance management, enterprise quality services, infrastructure services, product engineering and systems integration.

The company caters to industries such as banking and capital markets, automotive, healthcare, insurance, media and entertainment, utilities and transportation.

The company`s next thrust seems to be China. This is quite evident from the fact that the company is planning to hire nearly 1,000 people in Shanghai. The company is also planning to set up its first disaster recovery centre complete with infrastructure, network connections, telecommunication facilities as well as back-up client data in the island of Mauritius.

Financials
The company announced rise of 38.32% in consolidated net profit on y-o-y basis to Rs 51.29 billion, while total income increased 3.66% y-o-y basis to Rs 187.56 billion for the quarter ended December 2017.

Recent Developments
06-DEC-18
Infosys, a global leader in next-generation digital services and consulting, today inaugurated its Technology and Innovation Hub in Hartford. Infosys also announced that it has hired more than

30-NOV-18
Infosys, a global leader in next-generation digital services and consulting, today announced that it has been selected by Citizens Energy Group (Citizens) to enhance the company's customer service experience. As part of this engagement, Citizens

19-NOV-18
Infosys, a global leader in consulting, technology and next-generation services, announced today it has started construction on its U.S. Education Center in Indianapolis.

19-NOV-18
Infosys, a global leader in consulting, technology and next-generation services, announced that it has completed the formation of a joint venture with Temasek, the global investment company headquartered in Singapore. This follows the announcement the company made on September 7, 2018.

15-OCT-18
Infosys, a global leader in consulting, technology and next-generation services, today announced that it has completed the acquisition of Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services. This follows the announcement the company made on September 14, 2018.

21-SEP-18
Infosys, a global leader in consulting, technology and next-generation services, today announced that it will open its next Technology and Innovation Hub in the State of Arizona and hire 1,000 American workers in the state by 2023.

07-SEP-18
Infosys, a global leader in consulting, technology and nextgeneration services, today announced the formation of a joint venture with Temasek, the global investment company headquartered in Singapore.

23-AUG-18
Infosys, a global leader in consulting, technology and next-generation services, today inaugurated its Technology and Innovation Hub in Raleigh.



In Brief

 
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