20 Facts About Infosys Technologies

1.

Infosys Technologies was founded in Pune and is headquartered in Bangalore.

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2.

Infosys Technologies is the second-largest Indian IT company after Tata Consultancy Services by 2020 revenue figures and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking.

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3.

On 24 August 2021, Infosys Technologies became the fourth Indian company to cross $100 billion in market capitalization.

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4.

Infosys Technologies was founded by seven engineers in Pune, Maharashtra, India.

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5.

Infosys Technologies shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts.

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6.

At that time, Infosys Technologies was among the 20 biggest companies by market capitalization on the Nasdaq.

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7.

In 2012, Infosys Technologies announced a new office in Milwaukee, Wisconsin, to serve Harley-Davidson.

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8.

Infosys Technologies hired 1,200 United States employees in 2011 and expanded the workforce by 2,000 employees in 2012.

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9.

In July 2014, Infosys Technologies started a product subsidiary called EdgeVerve Systems, focusing on enterprise software products for business operations, customer service, procurement and commerce network domains.

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10.

Infosys Technologies provides software development, maintenance and independent validation services to companies in finance, insurance, manufacturing and other domains.

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11.

Infosys Technologies 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.

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12.

In India, shares of Infosys Technologies are listed on the BSE where it is a part of the BSE SENSEX and the NSE where it is a NIFTY 50 Constituent.

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13.

The promoters' holdings reduced further when Infosys Technologies became the first Indian-registered company to list Employees Stock Options Schemes and ADRs on NASDAQ on 11 March 1999.

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14.

Infosys Technologies had a total of 259,619 employees as of 2021, out of which 38.

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15.

Infosys Technologies appointed Salil Parekh as chief executive officer and managing director of the company with effect from 2 January 2018.

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16.

Close to 500 Infosys Technologies employees were working in the state on Infosys Technologies-sponsored B-1 visas instead of H-1B visas between 2006 and 2017, as per an official post available on the website of State of California.

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17.

In 2011, Infosys Technologies was accused of committing visa fraud by using B-1 visas for work requiring H-1B visas.

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18.

Infosys Technologies subsequently sued the company, claiming that he was harassed and sidelined after speaking out.

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19.

Infosys Technologies refused to admit guilt and stressed that it only agreed to pay the fine to avoid the nuisance of "prolonged litigation".

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20.

In 2004, Murthy had previously given the Russian president Vladimir Putin a tour of the Bangalore campus of Infosys Technologies, and spoke of the "special relationship" between the two countries.

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