Infosys – Indian multinational corporation Complete Details
Infosys is a global leader in technology services and consulting. It is the second-largest Indian IT services company by revenue. It was set up by N.R. Narayana Murthy and six other engineers in Pune in 1981. It is headquartered in Bengaluru, India. It provides software development, maintenance and independent validation services to companies in banking, finance, insurance, manufacturing and other domains.
Infosys is the first IT company to be listed in NASDAQ, which is the Stock Market in American stock exchange. NASDAQ is the second-largest exchange in the world by market capitalization. Infosys started its working with an initial capital of 10,000 rupees, by seven entrepreneurs – N.R.Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S.D.Shibulal, K. Dinesh, Ashok Arora and N.S.Raghavan.
Infosys has a total number of 200,364 employees, which including Systems Engineers, Senior Systems Engineer, Technical Analyst, Technical Lead(TL), Project Manager(PM), software professionals, BPO arm, support and sales, Senior Project Manager(SPM), Group Project Manager(GPM), Delivery Manager(DM), Senior Delivery Manager(SDM), AVP, VP and so on.
Infosys, second largest domestic IT firm, on July 14, 2017 reported a 3.3 per cent sequential drop in net profit at Rs 3,483 crore for June quarter. Rs. 3,603 crore was in the previous year’s net profit. Revenue for the quarter dropped 0.2 per cent to Rs 17,078 crore compared with Rs 17,120 crore in the corresponding quarter of last year. The company maintained its constant currency revenue growth guidance of 6.5 to 8.5 per cent. The company said net sales rose 3.2 per cent sequentially to $2,651 million in dollar terms.