Infosys Limited, formerly Infosys Technologies Limited, (BSE: 500209, NSE: INFOSYSTCH, NASDAQ: INFY) is a global technology services

company headquartered in Bangalore (Bengaluru), India. Infosys is the second largest IT company in India with 130,820 employees (including subsidiaries) as of March 2011.[1] Infosys is ranked 28th globally,in the list of IT services providing firms.[2] It has offices in 33 countries and development centres in India, China, Australia, UK, Canada, Brazil and Japan.[3] The company offers software products for the banking industry and business process management services also provides end-to-end business solutions.
Contents
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1 History 2 Current share holding 3 Initiatives 4 Research 5 Charity 6 Global offices 6.1 Asia Pacific 6.2 North America 6.3 Europe 6.4 South America 7 Notes 8 References 9 External links

[edit]History

Infosys was founded on 2 July 1981 by seven entrepreneurs, N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K Dinesh, Ashok Arora, and with N. S. Raghavan officially being the first employee of the company. The founders started the company with an initial investment of INR 10,000.[4] The company

was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.[5]

Infosys headquarters in Bengaluru, India

Infosys went public in 1993. Interestingly, Infosys IPO was under subscribed but it was bailed outby US investment bank Morgan Stanley which picked up 13% of equity at the offer price of Rs. 95 per share.[6] The share price surged to Rs. 8,100 by 1999. By the year 2000 Infosys's shares touched Rs. 310. This, before the catastrophic incident of 11 September, which caused share prices to suddenly fall.[7] According to Forbes magazine, since listing on the Bombay Stock Exchange till the year 2000, Infosys' sales and earnings compounded at more than 70% a year.[8] In the year 2000, President of the United States Bill Clinton complimented India on its achievements in high technology areas citing the example of Infosys along with Wipro and Satyam Computers.[9] Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai.[10] In 2001, it was rated Best Employer in India by Business Today. [11] Infosys was rated best employer to work for in 2000, 2001, and 2002 by Hewitt Associates. In 2007, Infosys received over 1.3 million applications and hired fewer than 3% of applicants.[12] Infosys was the only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005, and is inducted into the Global Hall of Fame for the same.[13][14]

[edit]Current

share holding

Promoters and their families hold 16% of Infosys stock. Life Insurance Corporation of India with 3.84% is the single largest share holder. Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi and the Government of Singapore also holds significant shares. The rest of the shares are owned by Financial institutions and individual investors.[15]. According to latest news, Infosys is the fourth biggest company in India in market wealth
[edit]Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.[16]

In 1996, Infosys created the Infosys Foundation in the state of Karnataka, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Kerala, Orissa and Punjab. The Infosys Foundation is headed by Mrs. Sudha Murthy, wife of Narayana Murthy. Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalise its academic relationships worldwide under the umbrella of a program called AcE Academic Entente. [17] Infosys' Global Internship Program, known as InStep, is one of the key components of the Academic Entente initiative. It offers live projects to interns from the universities around the world. InStep recruits undergraduate, graduate and PhD students from business,

technology, and liberal arts universities to take part in an 8 to 24 week internship at one of Infosys' global offices. InStep interns are also provided career opportunities with Infosys. In 1997, Infosys started the "Catch them Young Program", to expose the urban youth to the world of Information Technology by conducting a summer vacation program. The program is aimed at developing an interest and understanding of computer science and information technology. This program is targeted at students in Grade IX level.[18]

In 2002, the Wharton Business School of the University of Pennsylvania and Infosys started the Wharton Infosys Business Transformation Award. This technology award recognises enterprises and individuals who have transformed their businesses and the society leveraging information technology. Past winners include Samsung, Amazon.com, Capital One, RBS and ING Direct. Infosys has the largest corporate education center in the world in Mysore. It can accommodate 14000 candidates at one time.[19] In 2009, Infosys created Infosys Prize for excellence in Physical Sciences, Mathematical Sciences, Engineering and Computer Science, Life Sciences and Social Sciences.[20]
[edit]Research

Infosys developed a corporate R&D wing called Software Engineering and Technology Labs (SETLabs). SETLabs was founded in 2000 to carry out applied research for the development of processes, frameworks and methodologies to effectively capture customer requirements and to iron out common critical issues during a project life cycle.[21] Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab, Center for KDIS, Security and Privacy Lab and Distributed Computing Laboratory.

[edit] ata Consultancy Services Limited (TCS) (BSE: 532540, NSE: TCS) is an Indian IT services, business solutions and outsourcing company headquartered in Mumbai, India. TCS is the largest provider of information technology in Asia and second largest provider ofbusiness process outsourcing services in India.[4][5] TCS has offices in 47 countries with more than 142 branches across the globe. The company is listed on the National Stock Exchange and Bombay Stock Exchange of India. TCS is ranked at 21 in the list of global IT services ranking of service providers.[6]Recently the market cap of TCS reached $ 52 billions making it one of the biggest companies in the IT sector in the world. TCS is one of the operative subsidiaries of one of India's largest and oldest conglomerate company, the Tata Group or Tata Sons Limited, which has interests in areas such as energy, telecommunications, financial services, manufacturing, chemicals, engineering, materials, government and healthcare.[7][8]
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1 History 2 Operations and acquisitions 2.1 Indian branches 2.2 Global units 3 Innovation and R&D 3.1 Tata Research Development and Design Center 3.2 Innovation 4 Recent news and developments in TCS 5 Employees 6 Recognition 7 References 8 External links

[edit]History It began as the "Tata Computer Centre", for the company Tata Group whose main business was to provide computer services to other group companies. F C Kohli was the first general manager. J. R. D. Tata was the first chairman, followed by pankaj roy. One of TCS' first assignments was to provide punched card services to a sister concern, Tata Steel (then TISCO). It later bagged the country's first software project, the Inter-Branch

Reconciliation System (IBRS) for the Central Bank of India.[9] It also provided bureau services to Unit Trust of India, thus becoming one of the first companies to offer BPO services. In the early 1970s, Tata Consultancy Services started exporting its services. The company pioneered the global delivery model for IT services with its first offshore client in 1974. TCS's first international order came from Burroughs, one of the first business computer manufacturers. TCS was assigned to write code for the Burroughs machines for several US-based clients.[10] This experience also helped TCS bag its first onsite project - the Institutional Group & Information Company (IGIC), a data centre for ten banks, which catered to two million customers in the US, assigned TCS the task of maintaining and upgrading its computer systems.[10]

Bombay House, the head office of Tata Group

In 1981, TCS set up India's first software research and development centre, the Tata Research Development and Design Center (TRDDC) in Pune.[11] The first client-dedicated offshore development center was set up for Compaq (then Tandem) in 1985. In 1979, TCS delivered an electronic depository and trading system called SECOM for SIS SegaInterSettle, Switzerland. It was by far the most complex project undertaken by an Indian IT company. TCS followed this up with System X for the Canadian Depository System and also automated the Johannesburg Stock Exchange (JSE).[12] TCS associated with a Swiss partner, TKS Teknosoft, which it later acquired.[13] In the early 1990s, the Indian IT outsourcing industry grew tremendously due to the Y2K bug and the launch of a unified European currency,Euro. TCS pioneered the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developers and clients to make use of it.[14]

In 1999, TCS saw outsourcing opportunity in E-Commerce and related solutions and set up its EBusiness division with ten people. By 2004, E-Business was contributing half a billion dollars (US) to TCS.[15] On 9 August 2004, TCS became a publicly listed company,[16] much later than its rivals, Infosys, Wipro and Mahindra Satyam. During 2005, TCS ventured into a new area for an Indian IT services company - Bioinformatics.[17] In 2008, the company went through an internal restructuring exercise that executives claim would bring about agility to the organization.[18] In 2011, the company entered the Small and Medium Enterprises (SME) market with cloud-based offerings.[19] [edit]Operations [edit]Indian

and acquisitions

branches

TCS had development centres and/or regional offices in the following Indian cities: Ahmedabad, Baroda, Bangalore, Bhubaneswar, Chennai, Coimbatore, Goa, Gurgaon, Gu wahati, Kochi,Kolkata, Lucknow, Mumbai, Mangalore, Noida, Pune, Thiruvananthapuram, Jaipur, Jalandhar, Jamshedpur, Hyderabad.[20][21] [edit]Global

units