Difference between revisions of "Infosys"
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Infosys Limited is an Indian multinational information technology] company that provides business consulting, information technology and outsourcing services. Infosys was founded in Pune, headquartered in Bangalore and is the second-largest Indian IT company, after Tata Consultancy Services, by 2020 revenue figures. Infosys is the 602nd largest public company in the world, according to the Forbes Global 2000 ranking.
On 24 August 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalisation.[1]
Contents
Activities
Infosys was founded by seven engineers in Pune, Maharashtra, and registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore, Karnataka.
Infosys has 82 sales and marketing offices and 123 development centres across the world as of 31 March 2018, with major presence in India, United States, China, Australia, Japan, Middle East and Europe.
In 2019, 60%, 24%, and 3% of its revenues were derived from projects in North America, Europe, and India, respectively. The remaining 13% of revenues were derived from the rest of the world.
In 2022, Infosys's presence in Russia in support of the energy industry there came under scrutiny. The firm, unlike Western firms like Oracle, declined to withdraw from the country despite the 2022 Russian invasion of Ukraine.[2]
Ownership
Akshata Murty, wife of UK Prime Minister Rishi Sunak and daughter of the Indian billionaire N. R. Narayana Murthy, the founder of the technology company Infosys, owns a 0.91% stake—valued at about $900m (£746m) in April 2022—in Infosys, making her one of the wealthiest women in Britain.[3]
Public warning system
On 24 April 2023, Love Britain – Hate Tories tweeted:
- "Yesterday's 'Special Alert' was a disaster which wasted £millions.[5]
- "The UK Government awarded the contract to Fujitsu who subsequently sub-contracted the work to Indian company Infosys.
- "And who owns Infosys?
- "So you can bet we will have many more alerts.. and they will all fail."[6]
Israeli ties
One of the "Independent Directors" of Infosys is Uri Levine[7], who formerly served in the Israeli technology spook outfit Unit 8200.[8]
In May 2023, Infosys announced that it has signed a Memorandum of Understanding (MoU) with Israel, to establish and enhance cooperation in industrial research and development. The MoU creates a framework for industrial cooperation between Infosys and Israeli corporations in the emerging technology areas of cloud, information security, sensors, analytics, and sustainability.[9]
Related Document
| Title | Type | Publication date | Author(s) | Description |
|---|---|---|---|---|
| Document:Meeting the Gaze of the Ghost in the Rubble | Article | 28 February 2024 | George Gunn | Meanwhile the ghost still looks out from the rubble of Gaza. Her stare searches across the ocean of our conscience like the beam of a lighthouse. The ghost in the rubble asks of us all: why can we not stop this madness and feed the people? |
References
- ↑ "Infosys becomes 4th Indian company to touch $100 bn market cap"
- ↑ "Infosys: Tech firm part-owned by Chancellor Rishi Sunak's wife closing Russia office"
- ↑ "Next UK PM Rishi Sunak on being British, Indian and Hindu at the same time"
- ↑ "No alarm siren on 40% of mobile phones"
- ↑ "‘Sound that could save your life’: UK disaster alert to buzz phones on 23 April"
- ↑ "Yesterday's 'Special Alert' was a disaster which wasted £millions"
- ↑ https://www.infosys.com/newsroom/press-releases/2020/independent-director-appointment-20april2020.html
- ↑ https://www.aaespeakers.com/keynote-speakers/uri-levine
- ↑ https://www.thehindubusinessline.com/info-tech/infosys-enters-into-mou-with-state-of-israel/article20453977.ece1
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