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Infosys Ltd
Infosys Ltd Company History
Infosys provides consulting, technology, outsourcing and next-generation digital services, to enable clients to execute strategies for their digital transformation. Infosys strategic objective is to build a sustainable organization that remains relevant to the agenda of clients, while creating growth opportunities for employees and generating profitable returns for investors. Infosys strategy is to be a navigator for our clients as they ideate, plan and execute on their journey to a digital future.
1981
On July 2nd the company was incorporated as Infosys Consultants Private Limited at Mumbai.
INFOSYS was promoted by software professionals, Viz Mr. S. Gopalakrishnan, Mr. K. Dinesh, Nandan M Nilekani, Mr. S.D. Shibulal, Mr. N.R. Narayana Murthy & Mr. N S Raghavan.
The company is engaged in software development in the form of services, turnkey projects and products for the domestic and export market. The software development is targeted towards the distribution, banking, telecommunication and manufacturing sectors worldwide.
1981
1992
On April 21st the name changed to Infosys Technologies Private Limited, and the Registered office was moved to Bangalore.
On June 2nd the company was converted into a Public Limited Company under the name Infosys Technologies Ltd.
The company provides software maintenance, re-engineering and downsizing of software applications in these market segments. It also markets internationally, two well-known packages, one for the distribution industry (DMAP) and one for retail banking (Bancs 2000).
The company has a joint venture in USA with KSA (Kurt Salmon Associates). KSA is a $40 million management consultancy company operating in ten cities of the USA and also in eight
different countries. The company also has an offshore software development centre for General Electric USA. Yantra Corporation is an wholly owned subsidiary of the Company.
1992
1993
The Company turned up with ISO 9000 certification.
19,76,100 No. of equity shares of Rs 10 each issued, subscribed and paid-up (15,84,000 shares to directors, promoters; 2,68,100 shares to employees of the company and
1,24,000 shares at a prem., of Rs 70 per to shareholders on right basis).
68,600 shares reserved for allotment in preferential basis to employees of the company and group company (only 10,3000 shares taken up). Balance 13,07,200 shares along with 58,500 shares not taken up by employees were issued to the public (all were taken up).
The Company is entering into an agreement with Analog Devices Inc., USA, under which ADI will sell GAMANA Vector Tutorial software package (GVT), GAMANA Motion Control Development System (GMCDS) boards, GAMANA chip-sets and related software.
During the period company undertook to expand its activities by setting up a software technology park on 100% EOU. For this purpose Co. acquired 5 acres of land at Electronic city near Bangalore.
To part finance the Company's project for setting up a Software Technology Park, Company made a public issue of 13,76,000 equity shares of Rs. 10 each at a premium of Rs. 85
per share in February.
1993
1994
During the year marketing offices were opened in San Francisco, Cincinnati, New York and Dallas.
During the year company proposed to make a preferential issue of 7,50,000 warrants convertible into shares to the Infosys Technologies Ltd. Employees Trust to form the basis of employee stock offer plan.
33,52,100 bonus equity shares issued in proportion 1:1. 5,50,000 No. of equity shares of Rs 10 each allotted at a premium of Rs 440 per share to FIIS, Mutual Funds and other on preferential basis. Of these some shares were forfeited.
1994
1995
On 11th February, the new STP at Electronics City was officially inaugurated. This is the largest, single-location, software development center available in India.
During the year BANCS 2000 was installed in Kenya, opening up the export market for the banking product group.
Necessary permissions were received for selling up wholly owned subsidiaries in the USA, Europe & Asia-pacific.
During the year the company established Yantra Corporation, a wholly owned subsidiary in USA investing US $ 5,00,000 in the equity of the said subsidiary.
1995
1996
The company recorded six new installations of BANCS 2000 in Africa & Asia. A new strategic business unit (SBU)-5 was added to concentrate on Internet and Internet consultancy.
1996
1997
The Institute of Chartered Accountants of India awarded the Silver shield for the Best-Presented-Accounts, amongst the entries received from the non-financial, private sector
companies for the year 1995.
The readers of the well-known Asia Money magazine have voted the company as India's best-managed Company for the year 1996. Company also won several awards for export performance.
In December, the Company announced its plans for an ADR issue up to US$ 75 million.
The World Economic Forum selected Infosys as one of India's most remarkable and rapidly growing entrepreneurial companies in November.
8008,600 bonus shares issued in propr. 1:1, 7,34,500 No. of equity shares at a prem. of Rs 90 per share allotted on convertion of warrants. 14,500 forfeited shares issued.
1997
1998
During the year, the issued, subscribed and paid-up capital increased by Rs. 8,75,76,000 consequent to the issue of 7,49,000 shares of Rs. 10 each, fully paid, to employees of the Company and the Employees Welfare Trust under the ESOP, and a bonus issue of 80,08,600 shares in the ratio of 1:1 to the members, as of the record date. Of the total paid-up capital of Rs. 16,01,72,000, Rs. 12,92,69,000 (81% of the paid-up capital), has been issued as bonus shares.
During the year the company received several AWARDS. 1. For the second year in succession, the Company received the Silver Shield from the Institute of Chartered Accountants of India for the Best-Presented-Accounts, amongst the entries received from
non-financial, private sector companies, for the year 1995-96.
The readers of Asia Money magazine, once again, voted Infosys the best in Strategy and Management from among the listed companies in India, and among the best in Asia, for the year 1996-97.
BANCS 2000 received the CSI-WIPRO award for the Best-Packaged-Application, in December 1997, at the SEARCC '97 Conference in Delhi.
A Certificate of Merit, was received from the Ministry of Commerce, Government of India, for meritorious performance in the field of exports during 1995-96.
A special award for "Innovation of new products in computer software and related services during 1995-96" was given by the Electronics and Computer Software Export Promotion Council,
Delhi (sponsored by the Ministry of Commerce, Government of India).
The Bangalore Stock Exchange rated the Company as the Best Regional Company for all-round quality management, and as a company which gives top priority to shareholder interests. The Company is the first to receive this award.
Infosys Technologies Ltd has signed up with the US-based Copeland companies to set up a client services workstation (CSW) for providing retirement planning products and services to
non-profit organisations (NPOs).
Infosys Technologies Ltd has entered into an agreement with the US-based CyberShop International Inc. Under the pact Infosys will develop a complete electronic commerce system for CyberShop which is a leading upscale online retailer, with more
than 40,000 products from over 400 manufacturers of upscale merchandise.
The Economic Times Awards for Corporate Excellence was won by Bangalore-based software giant Infosys Technologies of the Year.
Infosys Technologies Ltd (Infosys) is evaluating the possibility of setting up a software development centre either in the Philippines or in China. It is also looking at setting
up a centre each in Europe and the US in the next six months.
1998
1999
Alpha Data, a leading information services company in the UAE, has tied up with Infosys Technologies to market and support banking software products from Infosys in the UAE.
Infosys Technologies has taken the American Depositor Receipts (ADRs) route with the US public offering of 1,800,000 ADRs at $34 each. The ADRs will represent 9,00,000 equity shares and will go public on March 11. Infosys is the first ever India registered company to be listed in the Nasdaq stock market in USA.
After becoming the first Indian company to get a US listing, Infosys Technologies has emerged as one of the most precious companies listed on Nasdaq in terms of market capitalisation in its category of software consulting and services companies.
Infosys Technologies Ltd, Bangalore-based Software consulting firm, announced a strategic alliance with CyberSource Corporation USA, for providing E-commerce transaction processing
services for tax calculation, risk management including fraud screening, fulfillment management and distribution control.
Infosys Technologies Ltd chairman N R Narayana Murthy has been awarded the first-ever Sir M Visvesvaraya Memorial Award, instituted by Federation of Karnataka Chambers of Commerce and Industry (FKCCI), to coincide with 138th Birthday of Sir M Visvesvaraya.
Infosys Technologies chairman and chief operating officer NR Narayana Murthy has been presented with the Electronics Man of the Year Award by the Electronic Component Industry Association (Elcina) for his outstanding contribution in elevating the Indian electronics industry in the global circuit.
1999
2000
Indian Information Technology giant Infosys Technologies has confirmed its plan of setting up a centre for exports in Mohali, twin city of Chandigarh.
During the year a new methodology and toolkit to port applications from OS/2 to WINDOWS NT was developed.
The Company it had tied-up with Japan's Toshiba Corporation to provide enterprise resource planning (ERP) software solutions for Toshiba's business processes.
Jammu and Kashmir Bank has tied up with Infosys Technologies to offer internet banking and for its e-commerce initiatives.
Websetu a suite of products for enabling internet-based electronic commerce using traditional on-line transaction processing (OLTP) application engines, was introduced.
Infosys Technologies has signed an agreement with Quintessent Communications Inc, by which the two will work together to develop and test selected applications that automate data
exchange between telecom carriers.
The Company proposes to provide local support to banking product customers in Mauritius.
The Company had tied up with German e-commerce firm Preis24.com to develop solutions for business-to-business e-commerce.
The Company has launched BankAway - It offers end-to-end mobile banking services to all customer segments including retail and corporate clients.
Infosys Technologies Ltd has tied up with Franklin Templeton Investments (FTI) for interactive information infrastructure.
Infosys Technologies Ltd has spun off the California-based Onscan Inc, incubated by it, as an independent entity.
The Company has entered into an e-commerce partnership agreement with National Bank of Abu Dhabi to provide e-commerce and Internet banking services to the bank's retail and corporate customers in the United Arab Emirates.
The Company has launched Finacle an integrated, centralised, multi-currency and multi-language-enabled and functionally rich banking solution to address retail and corporate banking requirements.
Infosys Technologies Ltd., has established a strategic partnership with Delphis Bank Limited (DBL), one of the leading commercial banks in Mauritius, to revamp the existing Information Technology infrastructure with software solutions from Infosys.
The Company has entered into a strategic alliance with Evolving Systems, a software, consulting and integration company.
The Company Global Development Centre is set up in London.
The Company has established a strategic technology partnership with First Atlantic Bank, the erstwhile Comet Merchant Bank of Nigeria.
The Company proposes to increase its software professional strength to 2,400 from the present 1,200.
The Company has re-emerged as India's second most valuable company, replacing the FMCG heavyweight, HLL.
The Company is expanding operations in Pune. The Company is doubling capacity at a cost of 60 crore at its facility in the software technology park at Hinjewadi.
The Company expand its presence in the overseas market by setting up an offshore development centre in the UK by November.
The Company has entered the hot markets of the Asia-Pacific region by setting up shop in Hong Kong for tapping the burgeoning e-commerce business.
Infosys has signed an MoU with the Sharjah Airport International Free Zone Authority to have a base there.
Microsoft Corporation and Infosys Technologies are joining hands to form an alliance, marking the coming together of a global software giant and a wannabe global information
technology major.
Goldman Sachs has rated Infosys Technologies and HCL Technologies as market outperformers and amongst the best quality names in the industry.
The Company issued on September 30, 667 No. of equity shares pursuant to the exercise of stock options by certain employees.
Infosys Technologies Ltd., the Bangalore-based global IT company, entered into a strategic partnership with the US-based YadaYada Inc., the frist integrated wireless service provider
and personalised mobile web portal, to launch the first business and consumer mobile web portal for personal device assistants worldwide.
The World's leading automotive systems major, Delphi Automotive Systems has entered into a tie-up with infotech leaders Infosys, TCS and CG Smith for embedded software
development for its worldwide operations.
Nortel Networks is joining hands with the company to set up a Wireless centre of Excellence in Bangalore.
The Company has signed a strategic partnership with Standard Trust Bank, Nigeria ot deploy its Financle core banking e-platform along with the BankAway e-commerce platform.
The Company has allotted 460 No. of equity shares of par value of Rs 5 per share to the Bankers Trust Company, New York.
Infosys Technologies has signed a pact with Oceanic Bank of Nigeria allowing the latter to use its Finacle a web-enabled core banking solution.
The Company has allotted an aggregate 500 equity shares of Rs 5 each to individual optionees pursuant to the exercise of the employees under the 1999 option plan, on receipt of payment of the subscription monies in respect of the said shares aggregating Rs 20,32,525 .
2000
2001
Infosys Technologies has signed a MoU with the Andhra Pradesh Government for establishing a software development campus at Hyderabad.
The Company is setting up its biggest software development centre in Bangalore.
The Company has been awarded silver shield for the best presented accounts competition for the sixth consecutive year by the Institute of Chartered Accountants of India.
The Company has allotted 100 equity shares of par value of 5 per share to the Bankers Trust Company, New York, the depository to the company's ADS issue as underlying shares in respect of 200 ADR's to be issued and allocated to the purchasers.
Infosys Technologies is to set up its second software centre at Pune in Hinjewadi.
Infosys Technologies board has allocated 67,050 No. of equity shares at a par value of Rs 5 par to employees of the company.
Infosys Technologies Ltd. has entered the Canadian market with the inauguration of its Toronto Global Development Center.
The Board of Directors allocated an aggregate of 41,050 stock options exercisable for equity shares of par value Rs 5 per share to employees of the company, pursuant to the company's
1999 option plan.
Infosys Technologies Ltd has appointed of Dr G K Jayaram as director of the Infosys Leadership Institute.
The Company has informed the BSE that the Company has received a disclosure from Emerging Markets Growth Fund Inc stating that they hold 34,04,880 No. of equity shares representing 5.15 per cent of the paid-up capital of the company.
Infosys Technologies setting up of four fellowship schemes in association with the Institute of Chartered Accountants of India Accounting Research Fund (ICAI-ARF) to encourage research in accounting, auditing, finance, fiscal and corporate laws, capital markets and information technology.
Infosys and TCS have emerged as the leading Indian software exporters during 2000-01 clocking exports worth Rs 2,870.26 crore and Rs 1,852.94 crore, respectively.
Infosys Technologies, the provider of Information Technology (IT) consulting and services, and Burlington Northern and Santa Fe Railway Company (BNSF), the second-largest rail network in North America, announced a strategic relationship designed to improve operations and customer service.
The first and biggest employees stock option plan (Esop) by an Indian software company has matured with the lock-in of Infosys Technologies 1994 Esop ending last week giving eligible employees the option to convert it into hard currency.
Intel president Craig Barrett on August 3 inaugurated a research and development laboratory set up jointly with India's Infosys Technologies in Bangalore.
2001
2002
Receives Motilal Oswal Award for Wealth Creation for 1996-2001
Mr. Nandan Nilekani becomes the new CEO of the company. Mr. Narayanamurthy assumes the role of Chairman & Chief Mentor
Announces a strategic technology partnership with First Bank of Nigeria Plc. (FBN), the largest Bank in West Africa, to deploy Infosys Enterprise Banking e-Platform suite of solutions
Partners with Citadon, the leading provider of online solutions for collaboration on the design, construction and operation of large, complex capital projects, to Develop Citadon CW
Enters into self-governing software-testing services
Tops among IT exporters with exports of Rs 1900 crore in the period April-December 2001
Airbus Industrie hires Infosys for wing design
Acquires 12 per cent stake in Onmobile, a software services company based in USA
Adjudged best Indian employer in a study conducted by Hewitt Associates and Business Today
Signs Joint Venture Agreement with Punjab National Bank for the implementation of Centralised Banking Solution
Ties up with Northwestern Mutual to build up and begin an online funds transfer choice for Northwestern Mutual's variable life and annuity policy holders
Ties up with Nordstrom to install and launch an Oracle Financial system that increases flexibility and back-office efficiencies
Ties up with Citigroup for formation of a new company, Progeon, for Business Process Management (BPM)
Eastman Chemical Company, a leading International chemical supplier headquartered in Kingsport, Tenn, chooses to expand its work with infosys in order to take greater advantage of the consulting and IT service provider's global delivery model
Records 35 per cent increase in the value of its brand to Rs 7,257 crore as of March 31, 2002
Company tops the survey by financial magazine, "Finance Asia", as the best managed company
National Commercial Bank, Jamaica enters into technology partnership with Infosys' Banking Business Unit
Progeon, the BPM arm of the company, bags $30m order from GreenPoint Mortgage
Infosys Tech bags prestigious Corporate University Xchange Excellence Award for 2002
Nasdaq selects Infosys as the best value reporter
Infosys abandones China offshore centre plan
Aeronautical Development Agency (ADA) signs contract with Infosys for transfer of Autolay Software
Acquires Trade IQ Product Division of IQ Financial Systems Inc., USA
Partners with Concours Group, a boutique strategy consulting firm
Becomes the first company to achieve CMMI Level 5 for offshore & onsite operations
RBI permits 100% FII purchase in Infosys
Ties up with Avaya Inc., a leading global provider of voice and data networks to businesses,
for integrated CRM solutions
Ties up with IBM for knowledge sharing arrangement
Sales chief, Phaneesh Murthy, resigns to pursue a lawsuit filed against him and the company alleging wrongful termination and sexual harassment
Developes a process engine to demonstrate Business Process Modeling Language (BPML) technology
Assessed at Level 5 on the PCMM model by KPMG Consulting, becoming the first company in the world to be assessed at the Optimising level on the updated version 2.0 of the model
Infosys, Phaneesh agree for off-court resolution of sexual harassment suit
The banking division consolidates all its products under one brand and phases out one product
Starts a new practice in life sciences
Announces Global Development Centre in Melbourne
N R Narayana Murthy receives the Ernst & Young Entrepreneur of the Year award for 2002
Company declares that it has won Most Admired Knowledge Enterprises (MAKE) award in the Asia region for 2002
Implements ÂBalanced Score Card (BSC), a unique concept which entails establishment of strategic objectives and a measurement system which not only targets on financial measures but also non-financial measures
Enters into alliance with Kakawa Discount House, Nigeria, a discount house formed by a consortium of key banks in Nigeria
Builds a new intra day comparison system for equities for the American Stock Exchange (Amex)
Bank of Bahrain and Kuwait B S C (BBK), one of the premier banks of Bahrain, selects Finacle Core Banking, the new generation core banking solution from Infosys, for its operations in India
Mr Akshaya Bhargava appointed as CEO & MD of Progeon Ltd., the Business Process Management subsidiary of Infosys Technologies
Infosys and Sun introduce new revenue generating opportunities with retail banking reference architecture
Progeon issues 4,375,000 shares to Citicorp
Signs MoU with Union Territory of Chandigarh to acquire land for expansion
Infosys and BNSF selected by Aberdeen Group to exemplify best practices in Offshore Software Outsourcing
Emerges as the countryÂs most valuable company in market capitalisation
Enters Thailand through Partnership with Local Companies
2002
2003
Floats development center in Hyd
Fortune names Narayana Murthy, Nandan Nilekani as `Asia's Businessmen' of the year 2003 making them the first Indians to win the award
Wins Pune regional round of the ING Vysya Brand Equity Quiz
Hosts Banking CXO summit in Bangkok
ICRA, the credit rating agency, gives "CGR1" rating for the company's corporate governance practices, making it the first company in the country to get the highest rating for corporate governance
Infosys Technologies felicitated by SUN Microsystems with Strategic Partner Award
Wins order from US telecom service provider Sprint
Launches ethics code to check financial frauds
Infosys Technologies certified for TL 9000 for telecom services by BVQI (Bureau Veritas Quality International)
Infosys' brand valued at Rs 7,488 cr
Bags $60-mn order from US telecom company SBC Communications
N.R. Narayana Murthy, Chairman and Chief Mentor, bags the prestigious Ernst & Young World Entrepreneur Of The Year award
Wins Electronics & Computer Software Export Promotion Council (ESC) award for Computer software and services sector
Appoints Mr. Deepak Satwalekar, the Independent Director, as the Lead Independent Director of the company
BusinessWeek ranks the company in the 74th place among the world's top 100 best performing infotech companies making it the only Indian company in the list.
National Commercial Bank, Saudi Arabia, selects FinacleTM suite of banking solutions for its delivery channels initiative
Infosys Technologies offers ADR, prices at $49 each
Acquires 100 acres of land at Pune Infotech Park, Hinjewadi, in addition to the 25 acres already acquired
Deploys Finacle at Jammu & Kashmir Bank
Post Bank Uganda (PBU) becomes the first bank in East Africa to go live with Finacle Core Banking
Expands operations in Chennai by adding 129 acres of land in Mahindra City for its second campus
Gets order of $50-m from Australian telecom firm Telstra Corporation
Finacle emerges as the world's most scalable open systems based core-banking solution
Infosys & Oracle join hands to provide Pre-integrated solutions for Banks in Asia Pacific
Infosys Technologies has been alloted the highest governance and value creation(GVC) rating of `CRISIL GVC Level 1.
Banque Saudi Fransi (BSF) chooses Finacle eCorporate, the web-based cash management and corporate e-banking solution from the Finacle suite, on Microsoft .NET software, for its strategic e-banking initiative
Infosys' Banking Business Unit and Sun Microsystems, Inc. December 10, 2003, revealed a new performance and scalability test result achieved in core banking transaction-processing tests
Infosys Technologies Ltd has announced that NMB Bank Ltd, a leading Bank from Zimbabwe, has selected its Finacle suite of enterprise banking solutions
Signs an agreement to acquire 100% equity of Expert Information Services Pty Ltd, Australia for A$ 31.0 million (US$ 22.9 million)
The Board of Directors at its meeting held on December 20, 2003 have allotted 22,439 equity shares of par value of Rs 5/- to the optionees, pursuant to the exercise of the options granted to the employees under the Company's 1999 Stock Option Plan.
2003
2004
Infosys Technologies has announced an upward revision in guidance for both revenues and per share earnings for 2003-04
Software major Infosys Technologies said on January 09, 2004, it had incorporated a wholly-owned subsidiary in China, at Shanghai, with a capital outlay of five million US dollar.
Infosys eyes high growth for software testing unit
Infosys greets Karnataka Bank for deploying Finacle
Nandan Nilekani ranks 35th in the world business leaders
Infosys gets ICAI award for the year '03
Infosys, Microsoft and Intel join hands to provide Next Generation eBanking solutions to banks in Philippines
Infosys inks pact with British Telecom
Mauritius Post and Cooperative Bank (MPCB) signs up for Finacle, its universal banking solution
Export-Import Bank of Thailand (EXIM Bank) and Yip In Tsoi & Co Ltd, Thailand sign up for using Finacle, the universal banking solution from Infosys
FMR Corp. and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries acquire 1,44,221 shares (0.22%). Their shareholding after the said acquisition is 33,58,318 shares (5.05%)
Infosys completes five yrs on Nasdaq
Suspends Esop scheme
Infy joins billion dollar club
Infosys becomes first Indian listed IT firm to net Rs 1000 cr
Indian Merchants Chambers (IMC) has announced that Infosys Technologies chairman NR Narayana Murthy, is the winner of the IMC's prestigious Diamond Jubliee Award for 'eminent businessman of the year.'
Infosys Technologies Ltd join hands with Arab National Bank, one of the ten commercial banks in Saudi Arabia
Infosys Chief Narayana Murthy joins NDTV Board
Infosys Technologies Ltd announced the availability of Item Data Integrity (IDI), a new solution, that enables retail companies and their partners to reduce time to market associated with the introduction of new products and promotions
Infosys receives ISO 14001 Certification for Environmental Management System
Infosys Technologies Ltd today (June 2, 2004) announced that its universal banking solution, Finacle has won the prestigious 'The Banker Technology Awards 2004'
Oriental Bank of Commerce (OBC) has roped in Infosys and Wipro for implementing its Rs 300 crore nationwide IT upgradation project
Comes out with a bonus issue in the ratio of 3:1
The American Society for Training and Development (ASTD) has rated Infosys Technologies Ltd has the world's best in employee training and development
The founder of Infosys Mr N R Narayana Murthy is among Time magazine's 10 global leaders helping shape the future of communications. Mr Murthy is listed ninth among the 10 Global Tech Influentials in the latest issue of the magazine.
Infosys gets first place in Asian corporate governance score list
Infy ties up with Australian company in R&D projects on November 02, 2004
OATSystems Inc, a Boston, US-based radio frequency identification (RFID) company ties up with Infosys Technologies
2004
2005
Aspis Bank, one of the leading medium size retail and commercial banks operating in Greece, signs up for Finacle universal banking solution to power its core banking and treasury operations across 66 branches.
The Shop Floor Control System developed by the Company and Arrow Electronics, a global provider of electronic components and computer products and services, has won the 2004 InfoWorld 100 award for being one of the top 100 best IT projects of the year.
On May 03, 2005 voluntarily furnished eXtensible Business Reporting Language (XBRL) data to the United States Securities and Exchange Commission (SEC) electronically in a 6-K exhibit.
Infosys Technologies and B-Source on June 29, 2005, announces partnership to provide `pay-as-you-transact' services, known as Business Service Provisioning, to European banks in the private and asset management sectors.
Infosys Technologies and Microsoft Corp unveiled the Catalytic IT concept centre at the Infosys campus in Bangalore on Nov 29.
2005
2006
Infosys & Microsoft Share Vision for Effective Enterprise Information Management
Infosys Implements PeopleSoft Enterprise Applications at Nissan North America
Infosys has given the Bonus in the Ratio of 1:1
2006
2007
Infosys to Open Development Center in Mexico, its First in Latin America
Infosys Receives the Highest Score in Strategy in Independent Research Firm's Report on the Applications Outsourcing Market
2007
2008
Infosys & Nihon Unisys sign MoU for Strategic Business Deployment & Joint Development for Sales & Solution Service
DSB Bank Partners with Finacle from Infosys for Core Banking-led Transformation
Infosys crosses revenues of US$ $ 4.18 billion
Annual net profits cross US$ 1 billion
2008
2009
Infosys Technologies has bagged a five-year outsourcing and support agreement from BP where Infosys will manage and operate a large portion of business systems for BP under the terms of the agreement.
The company has announced successful implementation its first IT enabled end-to-end business transformation program for Thermax.
Infosys opens its first development center in Brazil and second Latin American development center in Monterrey, Mexico
Infosys selected as a member of The Global Dow
Employee strength grows to over 100,000
2009
2010
Infosys crosses the US$ 5 billion revenue mark
Human resources consultancy Hay Group has named Infosys among the world's 20 best companies for leadership, obvious from its constant focus on employee development even during the global crisis.
Infosys launched its first rural Business Process Outsourcing (BPO) unit in Andhra Pradesh.
Infosys Launches Finacle Treasury-In-A-Box
Infosys became the India's 3rd private sector to get government protection by a special unit of 48 commandos of Central Industrial Security Force (CISF).
Infosys stated that it has inked an agreement with Microsoft in order to manage internal IT services of the company globally.
Infosys BPO launches enhanced offering in sales support
Infosys celebrates 29 successful yrs by issuing minimum allocation of equity shares to the employees who meet certain criteria.
Infosys Technologies has awarded a turnkey automatic meter reading contract worth Rs 32 crore to Easun Reyrolle Ltd (ERL).
2010
2011
Finacle from Infosys Wins Leaders in Innovation Award 2010
Infosys Technologies Expands Operations in Thiruvananthapuram; Inaugurates first Software Development Block (I) at Technopark Campus II (SEZ) with a Total Investment of Rs. 180 crore".
The IT giant, Infosys has completed its three big transformational deals, within a price range of $50 million and $200 million, which would be extended over the span of 4-5 years. Infosys is expecting that the transformational deals would reach around 15 by the end of the year.
KV Kamath appointed new chairman of Infosys, Shibulal new CEO.
India's software major, Infosys's Australia and New Zealand unit has acquired News Zealand & Gen-i as part of a partnership with the technology arm of Telecom Corp. of New Zealand to offer outsourcing services for their Australian clients.
The Company has received approval from the Registrar of Companies, Karnataka, Ministry of Corporate Affairs, Government of India to change the name of the Company from "Infosys Technologies Ltd." to "INFOSYS LTD" with effect from June 16, 2011.
Infosys BPO Signs Definitive Agreement to Acquire Portland Group Pty Ltd in Australia.
N. R. Narayana Murthy hands over chairmanship to K V Kamath
Infosys crosses US$ 6 billion revenue mark, employee strength grows to over 130,000
Company has changed its name from Infosys Technologies Ltd. to Infosys Ltd.
2011
2012
Listed on the NYSE market
Infosys acquires Lodestone Holding AG, a leading management consultancy based in Switzerland
Forbes ranks Infosys among the world's most innovative companies
Infosys among top 25 performers in Caring for Climate Initiative
Infosys crosses the US$ 7 billion revenue mark
Infosys announced leadership transition across Financial Services and Manufacturing.
InfosysTechnology - Bharti Airtel selects Infosys as its technology partner for 'airtel money'.
Infosys enters into partnership with GlaxoSmithKline to create nexgen Digital Marketing Platform
Infosys signed strategic partnership with Ratnakar Bank to provide Finacle platform
Infosys - Infosys Won 2012 IT Partner of the Year Award from Analog Devices
Infosys - Infosys Awarded Pegasystems Partner Excellence Award
Infosys signed MoU with The State of Israel for Industrial Research and Development.
Infosys - Finacle from Infosys Won 'Core Banking Technology Provider of the Year
Infosys - Infosys Commits to End Child Diarrheal Deaths in India
Infosys Signs Multi-Year Agreement for Business Transformation Project With Ministry of Corporate Affairs
Infosys - Infosys Launched 'India In a Box' for Japanese Companies
Infosys -Worldwide Oracle Implementation Ecosystem named Infosys as Leader in IDC MarketScape
Infosys - Infosys BPO Wins 2012 Optimas Award for Managing Change
Infosys enters into partnership with United Kingdom's Anglian Water.
2012
2013
Infosys Board appoints N. R. Narayana Murthy as Executive Chairman of the Board
Infosys begins trading on NYSE Euronext London and Paris markets
Infosys Edge wins the NASSCOM Business Innovation Award for 2013
Infosys presented with Â2013 Environmental Tracking Carbon Ranking Leader award
2013
2014
Dr. Vishal Sikka takes over as the CEO and MD from S.D. Shibulal
Revenue crosses 50,000 crore in rupee terms
Board decides to increase the dividend pay-out ratio to up to 40% of post-tax profits
Cash and cash equivalents (including Available-for-sale financial assets and certificates of deposit) cross 5 billion in dollar terms
Infosys has announces bonus in the ratio of 1:1
2014
2015
Infosys Public Services Implements Financial Management Solution for L.A. Care Health Plan to Improve Healthcare Access.
Infosys and Cornell University's Center of Hospitality Research Collaborate to Design Industry Research
Infosys Finacle has been positioned as a leader in IDC MarketScape of Worldwide Core Banking Solution Providers
Infosys has won a contract from Sweden-based ICA Gruppen to manage its IT operations.
ICA Gruppen Partners with Infosys to Revitalize its IT Operations
ABN AMRO Selects Infosys as One of the Strategic Partners to Drive its Business Transformation Program.
Infosys inks multimillion-dollar pact with ABN AMRO to provide IT services
Infosys signs 5-year agreement with Dutch firm TNT
Infosys BPO has opened a new center in Puerto Rico in collaboration with Puerto Rico Industrial Development Company (PRIDCO)
Infosys Receives Daimler Supplier Award 2014
Infosys Innovation Fund Invests in Air Quality Monitoring Pioneer, Airviz.
Infosys has signed a multi-year IT infrastructure deal with UK-based department store company, House of Fraser
Infosys Launches Preventive Maintenance Offering 'Finacle Assure'
Infosy has allotted 114,84,72,332 equity shares as fully paid-up bonus to the shareholders in the ratio of 1:1.
2015
2016
Infosys wins award for design thinking services execution.
Infosys invests in Waterline Data Science.
Infosys wins 5-year contract from Commerzbank.
Infosys Paytm Selects Infosys Finacle to Power its Payments Bank Business.
Infosys seeks govt nod to set up IT SEZ in West Bengal.
Infosys bags 7 Oracle Excellence Awards.
Infosys Launches Skava Commerce, a New Standard for Modern, Mobile-first and Modular E-commerce Platforms.
Infosys Science Foundation Announces the Six Winners of the Infosys Prize 2016.
Infosys titled Infosys Foundation USA Celebrates Computer Science Education Week.
Infosys invests in ideaForge from innovation fund.
2016
2017
Infosys Partners with HPE to Help Customers with Mainframe Modernization.
Infosys Wins Three Catalyst Awards at TM Forum Live.
The Commercial Bank Successfully Completes a Pilot on a Cloud-Based Blockchain Network with Infosys Finacle'.
Infosys Joins Salesforce Partner Ecosystem to Deliver Analytics Cloud Applications".
Infosys Expands Footprint in Eastern Europe Opens Delivery Center in Croatia'
KONE Selects Infosys to support its IT Transformation.
Infosys Finacle Launches Blockchain Based Trade Finance Solution".
"Globe TelecomÂs ÂCognitive Digital Agent powered by Infosys, Amdocs and Huawei Wins a TM Forum Catalyst Award".
Atp And Infosys Launch New Playerzone Bringing An Enhanced Digital Experience For Players
Infosys Completes Acquisition of Brilliant Basics - Digital Innovation and Customer Experience Studio'.
Infosys Launches Boundaryless Data Lake Offering Powered by its Information Grid Solution on Amazon Web Services'.
Gartner Positions Infosys as a 'Leader' In Magic Quadrant for SAP® Application Services".
Infosys Finacle named a Leader among Digital Banking Engagement Platforms'.
Infosys Announces Strategic Alliance with HP Inc. to Accelerate Digital Transformation for the Enterprise'.
2017
2018
Infosys signs advance pricing pact with US Internal Revenue Service
Infosys Launches Infosys Business Assurance Store to Drive Productivity and Accelerate Bus
Infosys, PTC launch centre for industrial IoT
Infosys inaugurates Innovation Hub in Indianapolis
Infosys partners with Siemens to develop solutions on MindSphere
Infosys partners NYAS to organise innovation challenge
2018
2019
Infosys completes formation of JV in Japan with Hitachi, Panasonic and Pasona
Infosys promotes turbomachinery capabilities in Baden, Switzerland
Infosys arm EdgeVerve launches AssistEdge Engage to redefine contact center experience
Infosys announces launch of the Live Enterprise Suite
Infosys bags UN Global Climate Action Award for 'Carbon Neutral Now' category
2019
2020
Infosys Foundation Partners With Narayana Health City To Open 100-Bed Quarantine Facility
Infosys join hands with Avaloq to strengthen wealth management capabilities
Infosys launches Infosys Modernization Suite
2020
2022
Infosys collaborates with The Economist Educational Foundation.
Infosys Won Finacle Partner Excellence Awards 2022.
Infosys Completes Acquisition of Life Sciences Consulting and Technology Leader, BASE life science.
Infosys Wins 2021 Google Cloud Specialization Partner of the Year Award for Cloud Migration.
Infosys announced the launch of Infosys metaverse foundry to ease and fast track enterprises' exploration of the metaverse.
2022
2023
'' Infosys Rated a Leader in Multicloud Managed Services Providers and Cloud Migration And Managed Service Partners by Independent Research Firm ''.
''Infosys Foundation Collaborates with GoSports Foundation to Launch Girls for Gold Program for Aspiring Women Athletes across India''.
'' Infosys Collaborates with LexisNexis to Provide Information Services across Content, Enterprise, and Products Applications ''.
'' Infosys Recognized as the Top Service Provider Across Nordics in the Whitelane Research and PA Consulting IT Sourcing Study 2023 ''.
'' United Nations Development Programme Collaborates with Infosys Public Services to Implement Oracle Fusion Cloud Applications Suite ''.
'Infosys Compaz Collaborates with Singapore's StarHub for their IT Transformation Journey'
2023