India’s Infosys now part of Nasdaq 100

Posted by Budi Putra on December 11th, 2006 filed in Asia, Asia: India, Business Briefing, News

The Nasdaq Stock Market is including Infosys among its top 100 companies as part of an annual revision to the Nasdaq-100 index.

In a statement issued recently, Infosys — headquartered in the southern Indian city of Bangalore — said its listing on Nasdaq’s benchmark index would bring more global visibility to the company, which already is one of India’s best known brands abroad.

Infosys Technologies Limited is an information technology company founded in Pune, India in 1981 by N. R. Narayana Murthy. In 1983, Infosys moved its headquarters to Bangalore, capital of Karnataka. It operates nine development centers in India and has over 30 offices worldwide. With over 66,000 employees worldwide, Infosys is one of India’s largest IT companies.

From Salon.com via Chander.com


One Response to “India’s Infosys now part of Nasdaq 100”

  1. Chris J Says:
    December 11th, 2006 at 3:02 am

    I’ve worked on a project with a team from Infosys. I think they suck.

    They only care about hitting deadlines without caring about quality.
    The managers are totally bossy and don’t have much trust in the team members.

    They exploit the younger team members from Infosys, working on weekends, having meetings at night, working 12 hours a day. Totally inhumane.

    And the result is on time on budget piece of junk which causes us more grief during maintenance period.
    When? After they all return back to India.

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