Monday, June 9, 2008

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Infosys a Banglore based company started in 1981 has around 5,500 employes and hopes to double this figure to 10,000 till the end of year 2003(courtesyBusiiness India).



The highest rated script on the indian bourses - Infosys is the most admired company on the BSE. It is the face of the indian software industry. The company was the first in India to register on the American stock exchange - NASDAQ with an issue of two million American Depository Shares(ADR)that raised $70 million.



As a part of Infosys globalization efforts the company has set up a global development centre in Toronto. It also established two proximity centres at Freemont, California and Boston, Masachusettes. Infosys continues to expand in Europe. In India the development centres are to be opened at Mohali, Mangalore, Mysore, Hyderabad, Pune, Chennai and Bhubhaneshwar.The companies top clients include Nordstrom, nortel and Goldman Sachs. Capital One Services Inc., one of the largest issuers of credit cards, is a new addition to the company's clientele. Infosys was assessed at SEI-CMM Level 5 developed by the Carnegie Mellon University. The company has pioneered the Employee stock option plan(ESOP)in India.The company has grown spectacularly with soaring profit margins that stood at Rs.285 crore, up from 132 crore in 1998-99(courtesyComputers Today). Amongst its major products are the banking softwares popularly known as Finnacle, Banc2000 and BankAway.



The company was also judged as the 5th best managed company in Asia. The company's Chairman Mr.N.R.Narayan Murthy was selected as one of the 50 most powerful people in Asia for the year 2000 in a poll conducted by Asia week.



The company provides a 3 month training to the new recruits in Bangalore.There is also a service agreement for an year.The pay package is around Rs.17,000(approx.) for the year 2000 recruits.



For more information about this company visit their home site at www.infosys.com

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