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Infosys (formerly Infosys Technologies) is an Indian multinational that provides business consulting, technology, engineering and outsourcing services. It is headquartered in Bengaluru, Karnataka. Infosys is the third-largest India-based IT services company by 2012 revenues, and the second largest employer of H-1B visa professionals in the United States, as of 2012. On 31 March 2014, its market capitalisation was $30.95 billion, making it India's fifth largest publicly traded company.

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. The company was incorporated as "Infosys Consultants Pvt Ltd." with a capital of Rs 10000 (roughly $167) in Model Colony, Pune as the registered office and signed its first client, Data Basics Corporation, in New York. In 1983, the company's corporate headquarters was relocated to Bangalore.
It changed its name to "Infosys Technologies Private Limited" in April 1992 and to "Infosys Technologies Limited" when it became a public limited company in June 1992. It was later renamed to "Infosys Limited" in June 2011.
On 1 June 2013, Mr. Narayana Murthy, one of the founding members of Infosys and its long time CEO, returned from his retirement to assume office in Infosys as its Executive Chairman.
Infosys made an initial public offer (IPO) in February 1993 with an offer price of Rs. 98 per share against book value of Rs. 10 per share. The Infosys IPO was under subscribed but it was "bailed out" by US investment bank Morgan Stanley which picked up 13% of equity at the offer price. Its shares were listed in stock exchanges in June 1993 with trading opening at Rs. 145 per share.
In October 1994, it made a private placement of 5,50,000 shares at Rs. 450 each against book value of Rs. 10 per share to Foreign Institutional Investors (FIIs), Financial Institutions (FIs) and Corpor

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K Dinesh Latest News

LIVE! 400 border residents evacuated after Pakistani firing

We don't want civilian to suffer", IG BSF Jammu Frontier, D K Uphadayaya said. 15:26 ... bet ween Pierce Brosnan and the company , following all the formalities," Dinesh Jain, brand owner of Pan Bahar said. He said the company had not deviated from the ...
Posted: October 22, 2016, 4:48 am

India hopeful of pact on short-term visas during May’s visit

India hopes to reach a deal with Britain for facilitating short-term visas for students, academicians and businessmen during Prime Minister Theresa May’s visit, Acting High Commissioner to the U.K., Dinesh Patnaik, has said. “I am hopeful, certain ...
Posted: October 22, 2016, 2:05 am

Soldier killed in Pak ceasefire violation in J&K

Dinesh Kumar, an army jawan belonging to 6th Rajput regiment was martyred today due to yet another ceasefire violation by Pakistan in the Rajouri sector in Jammu and Kashmir.
Posted: October 17, 2016, 1:03 pm
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