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			{{Short description\|Indian multinational technology company}}
	<!--============================================================================================
			{{Use Indian English\|date=April 2014}}
	PLEASE DON'T ADD NAMES IN HINDI, GUJARATI, AND KANNADA OR ANY OTHER REGIONAL LANGUAGES HERE. SINCE INFOSYS IS A GLOBAL COMPANY AND EMPLOYS A GLOBALLY DIVERSE WORKFORCE, ITS UNFAIR TO HAVE JUST ONE REGIONAL LANGUAGE DISPLAYED. ALSO DUE TO SPACE CONSTRAINTS, WE CANNOT ACCOMMODATE ALL LANGUAGE. SO SINCE THE PAGE IS IN ENGLISH, LET'S MAINTAIN THE CONSISTENCY. ANY CHANGES WITHOUT LEGITIMATE EXPLANATION WILL BE CONSIDERED VANDALISM HENCEFORTH.
			{{Use dmy dates\|date=October 2020}}
	============================================================================================-->
	{{Use British English\|date=July 2011}}
	{{Use dmy dates\|date=July 2011}}
	{{Infobox company		{{Infobox company
	\| name = Infosys Limited		\| name = Infosys Limited
	\| logo = ]		\| logo = Infosys logo.svg
			\| logo_alt = Infosys Logo
	\| type = Public company
			\| logo_size = 200px
	\| traded_as = {{BSE\|500209}}<br />{{NSE\|INFY}}<br />{{NASDAQ\|INFY}}
			\| image = Infosys (4911287704).jpg
	\| location = ], Karnataka, India
			\| image_alt = Infosys Pyramid
	\| founder = ]<br />Ashok Arora
			\| image_caption = Headquarters in ]
	\| founded = 1989
			\| image_size = 250px
	\| area_served = Worldwide
			\| trading_name = Infosys
	\| key_people = ]<br /><small>(])</small> <br />]<br /><small>(Co-Chairman)</small> <br />]<br /><small>(] & ])</small>
			\| former_name =
	\| industry = ], ]
			\| type = ]
	\| services = IT, ] and ] services
			\| traded_as = {{Unbulleted list\|{{BSE\|500209}}\|{{NSE\|INFY}}\|{{NYSE\|INFY}}\|] constituent\|] constituent}}
	\| revenue = {{profit}} ] 6.041 billion <small>(2011)</small><ref name=10K>{{cite web\|url=http://www.google.com/finance?q=NASDAQ:INFY&fstype=ii\|title=2010 Form 10-K, Infosys Technologies Limited \|publisher=Infosys Invester}}</ref>
			\| ISIN = {{ISIN\|sl=n\|pl=y\|INE009A010321}}
	\| net_income = {{profit}} US$ 1.499 billion <small>(2011)</small><ref name=10K/>
			\| industry = ] ]<br>]
	\| assets = {{profit}} US$ 7.010 billion <small>(2011)</small><ref name=10K/>
			\| foundation = {{Start date and age\|2 July 1981}} in ], India
	\| operating_income = {{profit}} US$ 1.779 billion <small>(2011)</small><ref name=10K/>
			\| founders = {{Unbulleted list\|]\|]\|]\|]\|]\|]\|Ashok Arora}}
	\| equity = {{profit}} US$ 6.122 billion <small>(2011)</small><ref name=10K/>
			\| hq_location_city = ], ]
	\| owner =
			\| hq_location_country = India
	\| num_employees = 133,560 <small>(2011)</small><ref name=10K/>
			\| area_served = Worldwide
	\| parent =
			\| key_people = ] (])<br>] (] & ])<ref>{{cite news\|title=Infosys appoints Salil S. Parekh as CEO and Managing Director\|newspaper=The Economic Times \|url=https://economictimes.indiatimes.com/news/company/corporate-trends/infosys-appoints-salil-s-parekh-as-ceo-and-managing-director/articleshow/61892804.cms\|access-date=2 December 2017\|archive-url=https://web.archive.org/web/20171202161427/https://economictimes.indiatimes.com/news/company/corporate-trends/infosys-appoints-salil-s-parekh-as-ceo-and-managing-director/articleshow/61892804.cms\|archive-date=2 December 2017\|url-status=live}}</ref>
	\| divisions = ], ]
			\| services =
	\| subsid =
			\| revenue = {{Increase}} {{INRConvert\|158381\|c}} (2024)
	\| homepage = {{URL\|www.infosys.com}}
			\| operating_income = {{Increase}} {{INRConvert\|35988\|c}} (2024)
	\| footnotes =
			\| net_income = {{Increase}} {{INRConvert\|26248\|c}} (2024)
	\| intl = yes
			\| assets = {{Increase}} {{INRConvert\|137814\|c}}
			\| assets_year = 2024
			\| equity = {{Increase}} {{INRConvert\|88461\|c}}
			\| equity_year = 2024
			\| num_employees = 317,240 (March 2024)<ref>{{cite news \|title=In a first, IT services major Infosys sees a drop in net headcount \|url=https://www.business-standard.com/companies/news/infosys-fy24-headcount-declines-by-25-994-for-the-first-time-ever-124041801026_1.html \|access-date=20 April 2024 \|work=Business Standard}}</ref>
			\| divisions = {{Unbulleted list\|]\|]\|]}}
			\| products = {{hlist\|]\|]}}
			\| footnotes = Financials {{as of\|2024\|03\|31\|lc=y\|df=yes}}.<ref name="fy24">{{cite web \|title=Consolidated Financial Data - Fourth Quarter, Fiscal 2024 \|url=https://www.infosys.com/investors/reports-filings/quarterly-results/2023-2024/q4/documents/fact-sheet.pdf \|publisher=Infosys \|access-date=20 April 2024}}</ref><ref name=pnl>{{cite web\|title=Infosys Consolidated Profit & Loss account, Infosys Financial Statement & Accounts\|url=https://www.infosys.com/investors/reports-filings/quarterly-results/2022-2023/q4/documents/consolidated/consol-fy23-q4-and-12m-finstatement.pdf\|access-date=13 April 2023\|website=www.infosys.com}}</ref>
			\| homepage = {{URL\|https://infosys.com}}
	}}		}}

			'''Infosys Limited''' is an Indian ] ] that offers ], ], and ] services. Founded in 1981, the company is headquartered in ].<ref name=Infosys_Overview>{{cite web\|title=Infosys Overview\|url=https://www.infosys.com/about.html\|publisher=Infosys\|access-date=17 August 2024}}</ref>
	'''Infosys Limited''', formerly '''Infosys Technologies Limited''' ({{BSE\|500209}}, {{NSE\|INFY}}, {{NASDAQ\|INFY}}) is a global technology services company headquartered in ], ]. It is the second largest IT exporter in India with 133,560 employees as of March 2011.<ref name=10K/> It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan.<ref>{{cite web\|author=Infosys Technologies Limited \|url=http://www.infosys.com/about/who-we-are/Pages/fact-file.aspx \|title=Fact File \| Who We Are \| About Us \|publisher=Infosys \|accessdate=27 July 2010}}</ref> Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. The company also provides software products to the banking industry. Through Infosys business process outsourcing (BPO), it provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.

			On 24 August 2021, Infosys became the fourth Indian company to achieve a market capitalization of {{currency\|100\|USD}} billion.<ref>{{Cite news\|title=Infosys becomes 4th Indian company to touch $100 bn market cap\|work=The Times of India\|url=https://timesofindia.indiatimes.com/business/india-business/infosys-becomes-fourth-indian-firm-to-touch-100-billion-market-cap/articleshow/85612033.cms\|access-date=2021-08-25}}</ref><ref>{{cite web\|last=Salil\|first=K.\|date=2021-08-24\|title=Infosys becomes fourth Indian company to reach market cap of $100 billion\|url=https://thefederal.com/business/infosys-becomes-fourth-indian-company-to-reach-market-cap-of-100-billion/\|access-date=2021-08-31\|website=The Federal}}</ref> As of 2024, Infosys is the second-largest ] company by revenue and market capitalization.<ref name=Infosys_Overview></ref>
	==History==
	Infosys was founded in 1981 by ], and 6 other engineers.
	], India]]

			Infosys has also attracted controversies due to allegations of visa and tax fraud in the United States and for creating malfunctioning government websites.
	In the year 2000, US President ] complimented India on its achievements in high technology, citing the example of Infosys along with Wipro and Satyam Computers.<ref>{{cite web\|url=http://www.expressindia.com/news/fe/daily/20000325/fco25053.html\|title=Clinton calls for closer ties to boost IT business\|publisher=Indian Express\|accessdate=12 April 2009\|date=25 March 2000}}</ref> Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai.<ref name="infy">{{cite web\|title= Infy plans Rs 440-cr China campus \|url= http://business.rediff.com/report/2010/oct/22/tech-infy-plans-rs-440-cr-china-campus.htm \|publisher=business.rediff.com\|accessdate=25 Oct 2010}}</ref>

			==History==
	In 2001, it was rated the by ].<ref>{{cite web \| author=R. Sukumar \| title = India's Best Employers: The Top 5 \| work=A BT-Hewitt study \| publisher=Business Today \| url = http://www.india-today.com/btoday/20010121/cover2.html \| accessdate =10 October 2006 \|archiveurl = http://web.archive.org/web/20060701051112/http://www.india-today.com/btoday/20010121/cover2.html <!-- Bot retrieved archive --> \|archivedate = 1 July 2006}}</ref> 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.<ref>{{cite web\|url=http://www.sec.gov/Archives/edgar/data/1067491/000106749107000015/form20f.htm#item6 \|title=INFY 2007 20-F, Item 6 \|publisher=Sec.gov \|accessdate=7 September 2010}}</ref>
			Infosys was founded by seven engineers in ], with an initial capital of $250.<ref>{{cite web \|url=http://www.rediff.com/business/slide-show/slide-show-1-tech-major-events-in-the-history-of-infosys/20130602.htm#1 \|title=Major events in the history of Infosys \|publisher=Rediff.com Business \|access-date=17 August 2024 \|archive-url=https://web.archive.org/web/20171007171414/http://www.rediff.com/business/slide-show/slide-show-1-tech-major-events-in-the-history-of-infosys/20130602.htm#1 \|archive-date=7 October 2017 \|url-status=live }}</ref> It was registered as Infosys Consultants Private Limited on 2 July 1981.<ref name="Company hyHistory of Infosys">{{cite web \|url=http://www.moneycontrol.com/company-facts/infosys/history/IT#IT \|title=Company History of Infosys \|publisher=Moneycontrol.com \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20171007171610/http://www.moneycontrol.com/company-facts/infosys/history/IT#IT \|archive-date=7 October 2017 \|url-status=live \|last1=Com \|first1=Moneycontrol }}</ref> In 1983, it relocated to ].

			The company changed its name to Infosys Technologies Private Limited in April 1992 and became Infosys Technologies Limited when it became a public limited company in June 1992.<ref>{{Cite web \|date=2023-10-12 \|title=Not Just Narayana Murthy, Here's The Untold Story Of Infosys' Six Other Co-Founders \|url=https://www.indiatimes.com/worth/news/untold-story-of-infosys-co-founders-617481.html \|access-date=17 August 2024 \|website=IndiaTimes }}</ref>
	Infosys was the only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005 (continuously for three years), and is inducted into the Global Hall of Fame for the same.<ref>{{cite web \| title = Infosys recognized as a Globally Most Admired Knowledge Enterprise for 2004 \| work=A Teleos study \| publisher=Infosys Media \| url = http://www.infosys.com/newsroom/press-releases/Documents/2004/MAKEGLOBAL-PressRelease-25Nov04.pdf \| format = PDF \| accessdate =1 December 2004 }}</ref><ref>{{cite web \| title = Infosys in the Global Hall of Fame \| url = http://www.infosys.com/media/press_releases/global-make-award-hall-of-fame.asp}}{{dead link\|date=November 2011}}</ref>

			In February 1993, Infosys launched its ] (IPO) with an offer price of {{INR}}95 per share, compared to a book value of {{INR}}20 per share. The IPO was initially undersubscribed but was ] by US investment bank ], which acquired a 13% equity stake at the offer price.<ref name=in.com_ITL_Bio>{{cite web \|title=Infosys Technologies Bio \|publisher=in.com \|url=http://www.in.com/infosys-technologies/biography-1818.html \|access-date=7 July 2013 \|archive-url=https://web.archive.org/web/20130722234644/http://www.in.com/infosys-technologies/biography-1818.html \|archive-date=22 July 2013 \|url-status=dead}}</ref> When trading began in June 1993, the share price opened at {{INR}}145 per share.<ref>{{cite web \|title=Equity Shares Information \|publisher=Infosys \|url=http://www.infosys.com/investors/investor-services/Pages/FAQs.aspx \|access-date=17 August 2024 \|archive-url=https://web.archive.org/web/20130622152112/http://www.infosys.com/investors/investor-services/Pages/FAQs.aspx \|archive-date=22 June 2013 \|url-status=dead }}</ref>
	Infosys was also ranked as the 15th most trusted brand in India by ] in 2011.<ref>{{cite web\|url=http://www.thehindubusinessline.com/features/brandline/article2029427.ece \|title=Components of trust that brands can focus on \|publisher=thehindubusinessline.com \|date=2011-05-18}}</ref>

			Infosys shares were listed on the ] stock exchange in 1999 as ]s (ADRs), making it the first Indian company to be listed on Nasdaq.{{Citation needed\|date=August 2022}} The share price rose to {{INR}}8,100 by 1999, making it the most expensive share on the market at the time. Infosys was then among the top 20 companies by market capitalization on the Nasdaq.<ref name="in.com_ITL_Bio"/> The ADR listing was later transferred from Nasdaq to NYSE Euronext to provide European investors with better access to the company's shares.<ref>{{cite web\|title=Infosys to shift listing of ADS to NYSE Euronext from Nasdaq\|publisher=Infosys\|url=http://economictimes.indiatimes.com/tech/ites/infosys-to-shift-listing-of-ads-to-nyse-euronext-from-nasdaq/articleshow/17430643.cms\|date=30 November 2012\|access-date=17 August 2024\|archive-url=https://web.archive.org/web/20171007000000/http://201710071s.indiatimes.com/tech/ites/infosys-to-shift-listing-of-ads-to-nyse-euronext-from-nasdaq/articleshow/17430643.cms\|archive-date=7 October 2017\|url-status=live}}</ref>
	The first development center outside Bangalore was setup in the coastal city of Mangalore in the year 1995.

			In July 2010, then-British Prime Minister ] visited Infosys headquarters in Bangalore and addressed the company's employees.<ref>{{cite web\|title=British Prime Minister David Cameron's speech at Infosys in India\|url=https://www.gov.uk/government/news/british-prime-minister-david-camerons-speech-at-infosys-in-india\|access-date=17 August 2024\|website=Gov.uk}}</ref> In June 2011, the company was renamed Infosys Limited.<ref>{{cite web \|url=http://www.infosys.com/about/Pages/history.aspx \|title=About Infosys \|publisher=Infosys \|access-date=17 August 2024 \|archive-url=https://web.archive.org/web/20130927071331/http://www.infosys.com/about/Pages/history.aspx \|archive-date=27 September 2013 \|url-status=live }}</ref>
	== Current share holding ==
	Rahul Das Shah owns 56% shares of the company. ] has 3.84%. ], a sovereign wealth fund owned by Abu Dhabi, and the ] also hold significant shareholdings. The remaining public shares are owned by financial institutions and individual investors.<ref>http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-Holding/clause35-june30-2010.pdf</ref>

			]]]
	== Initiatives ==
			In 2012, Infosys announced the opening of a new office in ], Wisconsin, to serve ].<ref>{{cite news \|url=https://www.economist.com/news/special-report/21569576-developed-countries-are-beginning-take-back-service-industry-jobs-too-next-big \|title=Services: The next big thing \|newspaper=The Economist \|date=19 January 2013 \|access-date=17 August 2024 \|archive-url=https://web.archive.org/web/20130627100022/http://www.economist.com/news/special-report/21569576-developed-countries-are-beginning-take-back-service-industry-jobs-too-next-big \|archive-date=27 June 2013 \|url-status=live }}</ref><ref name="Milwaukee">{{cite web \|publisher=Infosys.com \|title=Infosys to expand its U.S. operations with a new Delivery Center in Wisconsin \|url=http://www.infosys.com/newsroom/press-releases/Documents/2012/delivery-center-wisconsin.pdf \|access-date=17 August 2024 \|archive-url=https://web.archive.org/web/20131101071446/http://www.infosys.com/newsroom/press-releases/Documents/2012/delivery-center-wisconsin.pdf \|archive-date=1 November 2013 \|url-status=live }}</ref> In 2011, Infosys hired 1,200 U.S. employees, and by 2012, it had expanded its workforce by an additional 2,000 employees.<ref name="Milwaukee" />
	] campus.<ref>{{cite web\|author=Infosys Technologies Limited \|url=http://www.infosys.com/beyond-business/pages/index.aspx \|title=Sustainability \|publisher=Infosys \|accessdate=27 July 2010}}{{dead link\|date=November 2011}}</ref>]]

			In July 2014, Infosys launched a product subsidiary named ], focusing on enterprise software products for business operations, customer service, procurement, and commerce network domains.<ref>{{cite news\|title=Edgeverve is born\|url=http://wap.business-standard.com/article/companies/infy-s-edgeverve-moves-out-of-parent-s-shadow-114111700414_1.html\|access-date=17 August 2024\|newspaper=Business Standard\|date=17 November 2014\|archive-url=https://web.archive.org/web/20151222130629/http://wap.business-standard.com/article/companies/infy-s-edgeverve-moves-out-of-parent-s-shadow-114111700414_1.html\|archive-date=22 December 2015\|url-status=live}}</ref> In August 2015, Infosys transferred assets of ] to EdgeVerve Systems.<ref>{{cite news\|title=Finacle joins Edgeverve\|url=http://www.business-standard.com/article/companies/we-want-to-be-india-s-top-employer-for-products-michael-reh-115090500596_1.html\|access-date=17 August 2024\|newspaper=Business Standard\|date=5 September 2015\|archive-url=https://web.archive.org/web/20151222104502/http://www.business-standard.com/article/companies/we-want-to-be-india-s-top-employer-for-products-michael-reh-115090500596_1.html\|archive-date=22 December 2015\|url-status=live}}</ref>
	In 1996, Infosys created the ], operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this ] has spread its activities from its headquarters in ] to the Indian states of ], ], ], ], ] and ].

			Infosys surpassed US$10 million in annual revenue in FY 1995, US$100 million in FY 1999, US$1 billion in FY 2004, and US$10 billion in FY 2017. In FY 2023, its revenue stood at US$18 billion.<ref>{{Cite web \|title=Annual Reports From 1993 Onwards - Investors \|url=https://www.infosys.com/investors/reports-filings/annual-report/annual-reports.html \|access-date=17 August 2024 \|website=Infosys}}</ref>
	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.<ref>{{cite web\|author=Infosys Technologies Limited \|url=http://www.infosys.com/InStepWeb/about-internship/global-academic-program.asp \|title=InStep \| About Internship \| Global Academic Program \|publisher=Infosys \|accessdate=27 July 2010}}{{dead link\|date=November 2011}}</ref> 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 universities around the world. InStep recruits undergraduate and graduate 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.

			Infosys announced the launch of Aster in June 2024, an AI-powered platform designed to improve marketing efficiency through the use of artificial intelligence.<ref>{{Cite web \|title=Infosys launches Aster for AI-powered marketing for business growth \|url=https://www.business-standard.com/markets/capital-market-news/infosys-launches-aster-for-ai-amplified-marketing-capabilities-124061800905_1.html \|access-date=17 August 2024 \|website=Business Standard}}</ref>
	In 1997, Infosys started the "Catch them Young Program", to expose urban youth to information technology by conducting a summer vacation program. The program is aimed at developing an interest and understanding of ] and information technology. This program is targeted at students in Grade IX level.<ref>{{cite web \| publisher=The Hindu \| title = Summer fun \| date = 14 June 2004 \| url = http://www.hindu.com/yw/2004/08/14/stories/2004081400640200.htm \| accessdate =12 October 2006}}</ref>

			==Services and products==
	<!-- Deleted image removed: ] -->
			Infosys offers software development, maintenance, and independent validation services across industries such as finance, insurance, manufacturing, among others.<ref>{{cite news\|title=Infosys realigns organisation structure\|url=http://www.financialexpress.com/article/companies/infosys-realings-organisation-structure/39490/\|work=]\|date=16 February 2015\|access-date=4 March 2015\|archive-url=https://web.archive.org/web/20150219080055/http://www.financialexpress.com/article/companies/infosys-realings-organisation-structure/39490/\|archive-date=19 February 2015\|url-status=dead}}</ref> Through its subsidiary ], it provides consulting services in digital experience, ],<ref>{{cite web\|title=Infosys Cobalt: Cloud-Based Enterprise Transformation Services \|url=https://www.infosys.com/services/cloud-cobalt.html\|access-date=17 August 2024\|website=www.infosys.com}}</ref> data analytics, artificial intelligence, engineering,<ref>{{cite web\|url=https://www.infosys.com/services/engineering-services.html\|title=Enhance Business Value With Digital Engineering Services {{!}} Infosys\|website=www.infosys.com\|access-date=17 August 2024}}</ref> and sustainability.<ref>{{cite web \|url=https://www.infosys.com/services/consulting.html/\|title=Management Consulting Services\|website=www.infosys.com\|access-date=17 September 2024}}</ref> Its subsidiary ] provides outsourcing services for business processes such as finance, procurement, customer service, and HR.<ref>{{cite web \|url=https://www.bloomberg.com/profile/company/INFY:US\|title=Infosys Ltd - Company Profile and News - Bloomberg Markets\|website=www.bloomberg.com\|access-date=17 September 2024}}</ref>

			Infosys offers digital products and platforms for digital transformation, including ], ], Infosys Equinox, Infosys Meridian, EdgeVerve and Infosys Cortex.<ref>{{cite web \|url=https://www.gartner.com/reviews/market/sap-application-services-worldwide/vendor/infosys/\|title=Infosys Reviews, Ratings & Features 2024 - Gartner Peer Insights\|website=www.gartner.com\|access-date=17 September 2024}}</ref><ref>{{cite web \|url=https://finance.yahoo.com/quote/INFY/profile/\|title=Infosys Limited (INFY) Company Profile & Facts - Yahoo Finance\|website=www.yahoo.com\|access-date=17 September 2024}}</ref> Finacle is a banking solution that supports financial institutions in improving their customer service capabilities. Panaya is a platform that assists organizations in accelerating application delivery and innovation. Infosys Equinox is a digital commerce platform designed for facilitating user-friendly and personalized shopping experiences. Infosys Meridian is a workplace platform for increased productivity in remote and hybrid work environments.<ref>{{cite web \|url=https://www.infosys.com/products-and-platforms.html/\|title=Infosys - Innovation-Led Business Growth for Global Enterprises - Products & Platforms\|website=www.infosys.com\|access-date=17 September 2024}}</ref>
	In 2002, the ] of the ] 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 ], ], ], ] and ].

			==Acquisitions==
	{{Commonscat\|Infosys Mysore}}
			{{See also\|Infosys BPM#Acquisitions}}
	Infosys houses the largest corporate education center in the world in ]. The facility can accommodate 14,000 candidates at one time.<ref>{{cite web\|author=Infosys Technologies Limited \|url=http://www.infosys.com/newsroom/press-releases/Pages/global-education-center-II.aspx \|title=Sonia Gandhi Inaugurates Global Education Center in Mysore \| Press Releases \| Newsroom \|publisher=Infosys \|accessdate=27 July 2010}}</ref>
			{\| class="wikitable"
			\|-
			! Name !! Based in !! Acquisition cost !! Acquisition date !! Business
			\|-
			\| Expert Information Services \|\| Australia \|\| $23 million \|\| Dec 2003<ref>{{cite web \|title=Infosys to buy Australian firm Expert for $22.9 m \|work=The Hindu \|url=http://www.thehindubusinessline.com/2003/12/19/stories/2003121902640100.htm \|date=19 December 2003 \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20090921224359/http://www.thehindubusinessline.com/2003/12/19/stories/2003121902640100.htm \|archive-date=21 September 2009 \|url-status=live }}</ref><ref>{{cite web \|title=Infosys Media Release – Infosys announces agreement to acquire Expert \|url=https://www.infosys.com/australia/news/Documents/infosys-acquires-expert.pdf \|publisher=Infosys \|date=18 December 2003 \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20170708043353/https://www.infosys.com/australia/news/Documents/infosys-acquires-expert.pdf \|archive-date=8 July 2017 \|url-status=live }}</ref> \|\| IT services
			\|-
			\| Gen-i Software \|\| New Zealand \|\| Undisclosed \|\| Jun 2011<ref>{{cite news \|title=Infosys acquires Gen-i's software solutions business \|url=https://timesofindia.indiatimes.com/business/india-business/infosys-acquires-gen-is-software-solutions-business/articleshow/8775451.cms \|access-date=28 August 2024 \|work=The Times of India \|date=8 June 2011}}</ref> \|\| Software consulting
			\|-
			\| Lodestone Holding \|\| Switzerland \|\| $345 million \|\| Sep 2012<ref>{{cite web \|title=Infosys acquires Swiss firm Lodestone for Rs. 1,925 crore \|work=The Hindu \|url=http://www.thehindu.com/business/infosys-acquires-swiss-firm-lodestone-for-rs1925-crore/article3880535.ece \|date=10 September 2012 \|access-date=22 June 2013 \|archive-url=https://web.archive.org/web/20130927134254/http://www.thehindu.com/business/infosys-acquires-swiss-firm-lodestone-for-rs1925-crore/article3880535.ece \|archive-date=27 September 2013 \|url-status=live }}</ref> \|\| Management consultancy
			\|-
			\| ]\|\| Israel \|\| $200 million \|\| Mar 2015<ref>{{cite web \|title=Infosys buys automation technology startup Panaya, deal valued at Rs 1200 crore \|work=The Economic Times \|url=http://economictimes.indiatimes.com/tech/ites/infosys-buys-automation-technology-startup-panaya-deal-valued-at-rs-1200-crore/articleshow/46258808.cms \|date=17 February 2015 \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20171007122812/http://economictimes.indiatimes.com/tech/ites/infosys-buys-automation-technology-startup-panaya-deal-valued-at-rs-1200-crore/articleshow/46258808.cms \|archive-date=7 October 2017 \|url-status=live }}</ref><ref>{{cite news \|title=Infosys' $200 million Israeli software company Panaya is in the eye of the storm \|work=The Economic Times \|url=http://economictimes.indiatimes.com/tech/ites/infys-200-m-israeli-software-panaya-the-eye-of-the-storm/articleshow/57116308.cms \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20171004143046/http://economictimes.indiatimes.com/tech/ites/infys-200-m-israeli-software-panaya-the-eye-of-the-storm/articleshow/57116308.cms \|archive-date=4 October 2017 \|url-status=live \|last1=Mahalingam \|first1=T. V. \|last2=Mendonca \|first2=Jochelle \|last3=Balasubramanyam \|first3=K. R. \|last4=Talgeri \|first4=Kunal }}</ref> \|\| Automation technology
			\|-
			\| Skava (Kallidus) \|\| United States \|\| $120 million \|\| Apr 2015<ref>{{cite web \|title=Infosys Completes Acquisition of Skava \|work=Infosys Limited \|url=http://www.infosys.com/newsroom/press-releases/Pages/completes-skava-acquisition.aspx \|date=4 June 2015 \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20170708052706/https://www.infosys.com/newsroom/press-releases/Pages/completes-skava-acquisition.aspx \|archive-date=8 July 2017 \|url-status=live }}</ref><ref>{{cite web \|title=Infosys completes Skava acquisition for $120 million \|work=The Economic Times \|url=http://economictimes.indiatimes.com/tech/ites/infosys-completes-skava-acquisition-for-120-million/articleshow/47539280.cms \|date=4 June 2015 \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20171007123357/http://economictimes.indiatimes.com/tech/ites/infosys-completes-skava-acquisition-for-120-million/articleshow/47539280.cms \|archive-date=7 October 2017 \|url-status=live }}</ref> \|\| Digital experience solutions
			\|-
			\| Noah Consulting \|\| United States \|\| $70 million \|\| Nov 2015<ref>{{cite news \| title=Infosys completes acquisition of Noah Consulting \| work=The Economic Times \| url=http://economictimes.indiatimes.com/tech/ites/infosys-completes-acquisition-of-noah-consulting/articleshow/49844733.cms \| access-date=3 February 2017 \| archive-url=https://web.archive.org/web/20170207075428/http://economictimes.indiatimes.com/tech/ites/infosys-completes-acquisition-of-noah-consulting/articleshow/49844733.cms \| archive-date=7 February 2017 \| url-status=live }}</ref> \|\| Information management consulting services
			\|-
			\|Skytree
			\|United States
			\|Undisclosed
			\|Apr 2017<ref>{{cite web \|title=Infosys is reaching for the sky with holistic automation strategy \|work=Horses for Sources \|url=https://www.horsesforsources.com/Infosys-reaching-sky-holistic-automation-strategy_042117 \|date=26 April 2017 \|access-date=20 June 2019 \|archive-url=https://web.archive.org/web/20190620100614/https://www.horsesforsources.com/Infosys-reaching-sky-holistic-automation-strategy_042117 \|archive-date=20 June 2019 \|url-status=live }}</ref>
			\|Machine learning
			\|-
			\| Brilliant Basics \|\| United Kingdom \|\| £7.5 million \|\| Aug 2017<ref>{{cite web \|title=Infosys completes Brilliant Basics acquisition \|work=Money Control \|url=http://www.moneycontrol.com/news/business/infosys-completes-brilliant-basics-acquisition-2384159.html \|date=11 September 2017 \|access-date=7 October 2017 \|archive-url=https://web.archive.org/web/20171007120006/http://www.moneycontrol.com/news/business/infosys-completes-brilliant-basics-acquisition-2384159.html \|archive-date=7 October 2017 \|url-status=live }}</ref> \|\| Product design and customer experience
			\|-
			\|Fluido Oy
			\|Finland
			\|€65 million
			\|Oct 2018<ref>{{cite web \|title=Infosys Consulting buys Finnish Salesforce partner Fluido Oy for €65 million \|work=Consultancy.eu \|url=https://www.consultancy.eu/news/1791/infosys-consulting-buys-finnish-salesforce-partner-fluido-oy-for-65-million \|date=17 September 2018 \|access-date=20 June 2019 \|archive-url=https://web.archive.org/web/20190620094745/https://www.consultancy.eu/news/1791/infosys-consulting-buys-finnish-salesforce-partner-fluido-oy-for-65-million \|archive-date=20 June 2019 \|url-status=live }}</ref>
			\|Salesforce advisor and consulting partner
			\|-
			\|WongDoody
			\|United States
			\|$75 million
			\|Jan 2019<ref>{{cite web\|url=http://www.wongdoody.com/work/wongdoody-joins-infosys/\|title=Wongdoody Joins Infosys\|website=wongdoody.com\|access-date=15 January 2019\|archive-url=https://web.archive.org/web/20190116045807/http://www.wongdoody.com/work/wongdoody-joins-infosys/\|archive-date=16 January 2019\|url-status=dead}}</ref>
			\|Advertising and creative strategy services
			\|-
			\|Stater N.V.
			\|Netherlands
			\|€127.5 million
			\|Apr 2019<ref>{{cite web\|last=Zacks\|first=Publisher\|title=Infosys Ups the Ante in Mortgage Servicing With Stater Buyout\|url=https://www.nasdaq.com/articles/infosys-ups-the-ante-in-mortgage-servicing-with-stater-buyout-2019-04-01\|access-date=29 September 2020\|publisher=NASDAQ}}</ref>
			\|Mortgage services
			\|-
			\|Simplus
			\|United States
			\|$250 million
			\|Feb 2020<ref>{{cite news \|last1=Mendonca \|first1=Jochelle \|title=Infosys to pay as much as $250 million for Simplus acquisition \|url=https://economictimes.indiatimes.com/tech/ites/infosys-to-pay-as-much-as-250-million-for-simplus-acquisition/articleshow/74075744.cms \|access-date=17 August 2024 \|work=The Economic Times \|date=11 February 2020}}</ref>
			\|Salesforce consulting
			\|-
			\|Kaleidoscope
			\|United States
			\|$42 million
			\|Sep 2020<ref>{{Cite news\|title=Infosys to acquire US-based firm Kaleidoscope for $42 mn\|work=The Economic Times\|url=https://economictimes.indiatimes.com/tech/ites/infosys-to-acquire-us-based-firm-kaleidoscope-for-42-mn/articleshow/77914364.cms\|access-date=29 September 2020}}</ref>
			\|Product design and development
			\|-
			\|GuideVision
			\|Czech Republic
			\|€30 million
			\|Sep 2020<ref>{{cite news\|title=Czech-based GuideVision joins consulting arm of Infosys\|work=Consultancy.eu\|url=https://www.consultancy.eu/news/4976/czech-based-guidevision-joins-consulting-arm-of-infosys\|access-date=30 September 2020}}</ref>
			\|ServiceNow partner
			\|-
			\|Blue Acorn iCi
			\|United States
			\|$125 million
			\|Oct 2020<ref>{{cite news \|last1=Baruah \|first1=Ayushman \|title=Infosys to acquire US-based Blue Acorn iCi for up to $125 million \|url=https://www.livemint.com/companies/news/infosys-to-acquire-us-based-blue-acorn-ici-for-up-to-125-million-11602139117339.html \|access-date=28 August 2024 \|work=Mint \|date=8 October 2020}}</ref>
			\|Digital transformation
			\|-
			\| Carter Digital \|\| Australia \|\| Undisclosed \|\| Jan 2021<ref>{{cite news \|title=Infosys to acquire assets, onboard employees of Australia's Carter Digital \|url=https://www.business-standard.com/article/companies/infosys-to-acquire-assets-onboard-employees-of-australia-s-carter-digital-121011301265_1.html \|access-date=28 August 2024 \|work=Business Standard \|date=13 January 2021}}</ref> \|\| Design agency
			\|-
			\|Oddity
			\|Germany
			\|€50 million
			\|Mar 2022<ref>{{cite news\|title=Infosys to acquire German digital marketing firm Oddity for Euro 50 mn\|url=https://www.business-standard.com/article/companies/infosys-to-acquire-german-digital-marketing-firm-oddity-for-euro-50-mn-122032201008_1.html\|access-date=22 March 2022}}</ref>
			\|Digital marketing
			\|-
			\|BASE life science
			\|Denmark
			\|€110 million
			\|Jul 2022<ref>{{Cite news \|last=Ishwarbharath \|first=Sai \|date=2022-07-13 \|title=Infosys to acquire BASE life science for €110 million \|work=The Economic Times \|url=https://economictimes.indiatimes.com/tech/information-tech/infosys-to-acquire-base-life-science-for-110-million/articleshow/92858909.cms \|access-date=2023-12-07 \|issn=0013-0389}}</ref>
			\|Life science consulting and technology
			\|-
			\|InSemi
			\|India
			\|{{INR}}280 crore
			\|Jan 2024<ref>{{cite web \|title=Infosys Acquires Leading Semiconductor Design Services Provider, InSemi for Rs 280 Crore \|url=https://ibmot.com/infosys-acquires-insemi/ \|website=ibmot \|access-date=13 January 2024 \|date=13 January 2024}}</ref>
			\|Semiconductor design services
			\|-
			\|in-tech
			\|Germany
			\|€450 million
			\|Apr 2024<ref>{{cite news \|title=Infosys to acquire 100% stake in German firm in-tech for €450 million \|url=https://www.cnbctv18.com/market/infosys-share-price-to-acquire-100-pc-stake-in-german-firm-in-tech-for-450-million-euros-19398674.htm \|access-date=17 August 2024 \|work=CNBCTV18 \|date=18 April 2024 \|language=en}}</ref>
			\|Engineering R&D services
			\|}

			==Listing and shareholding pattern==
	In 2009, Infosys created ''Infosys Prize'' for excellence in physical and mathematical sciences, engineering and computer science, life sciences and social sciences.<ref>{{cite web\|url=http://www.infosys-science-foundation.com/about_prize.html \|title=Infosys Prize – About \|publisher=Infosys-science-foundation.com \|accessdate=27 July 2010}}</ref>
			] campus]]

			In India, Infosys shares are listed on the ], where it is a part of the ], and on the ], where it is included in the ] index.<ref>{{cite web \|title=Stock Share Price {{!}} Get Quote {{!}} BSE \|url=https://www.bseindia.com/stock-share-price/infosys-ltd/infy/500209/ \|website=www.bseindia.com \|access-date=17 August 2024}}</ref> Infosys also trades its shares through ]s (ADRs) on the ].<ref>{{cite news \|last1=Selina \|first1=Hossain \|title=Infosys Q4 results: Profit rises 6% to Rs 4,321 crore; firm suspends guidance \|url=https://economictimes.indiatimes.com/markets/stocks/earnings/infosys-q4-results-profit-rises-6-to-rs-4321-crore-firm-suspends-guidance/articleshow/75251808.cms \|access-date=9 May 2020 \|work=The Economic Times \|date=20 April 2020}}</ref>
	Infosys developed a corporate ] 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.<ref>{{cite web\|url=http://www.technologyreview.com/Infotech/21161/?a=f \|title=Tracking a Shopper's Habits \|publisher=Technology Review \|accessdate=27 July 2010}}</ref> Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab, Center for KDIS, Security and Privacy Lab and Distributed Computing Laboratory.

			Over the years, the shareholding of Infosys's promoters has steadily decreased. This trend began in June 1993, when Infosys first listed its shares. The promoter holdings further declined when Infosys became the first Indian-registered company to list Employee Stock Options Schemes and ADRs on ] on 11 March 1999.<ref>{{Cite news \|last=Ramesh \|title=Bangalore-based software firm Infosys becomes first Indian company to list on Nasdaq \|newspaper=India Today \|date=29 March 1999 \|access-date=9 March 2018 \|url=https://www.indiatoday.in/magazine/guest-column/story/19990329-bangalore-based-software-firm-infosys-becomes-first-indian-company-to-list-on-nasdaq-780532-1999-03-29 \|archive-url=https://web.archive.org/web/20180310010640/https://www.indiatoday.in/magazine/guest-column/story/19990329-bangalore-based-software-firm-infosys-becomes-first-indian-company-to-list-on-nasdaq-780532-1999-03-29 \|archive-date=10 March 2018 \|url-status=live }}</ref>
	==Charity==

			] campus]]
	In 2005, Infosys donated {{INR}}10 million (about $226,000) to help with the effects of the ] in Pakistan.<ref>{{cite news\|url=http://news.bbc.co.uk/1/hi/world/south_asia/4334530.stm \|title=South Asia \| Indian quake aid reaches Pakistan \|publisher=BBC News \|date=12 October 2005 \|accessdate=27 July 2010}}</ref>

			{\| class="wikitable sortable"
	==See Also==
			\|+Infosys shareholding and stakeholders pattern (as of 31 March 2024)<ref>{{Cite web \|title=Infosys shareholdings: Find Infosys Shareholding Pattern and Ownership \|url=https://www.infosys.com/investors/reports-filings/annual-report/annual/documents/infosys-annual-report-2024.pdf \|access-date=16 August 2024 \|website=Infosys.com }}</ref>
	* ]
			! Shareholders !! Shareholding
	* ]
			\|-
	* ]
			\| ] \|\| {{0\|0}}14.61%
	* ]
			\|-
	* ]
			\| Foreign institutional investors (FII) \|\| {{0\|0}}32.74%
	* ]
			\|-
	* ]
			\| Domestic institutional investors (DII) \|\| {{0\|0}}37.59%
	* ]
			\|-
	* ]
			\| Public \|\| {{0\|0}}14.81%
			\|-
			\| Others \|\| {{0\|0}}{{pad\|0.3em}}0.25%
			\|-
			\| Total \|\| 100.00%
			\|}

			==Operations==
			===Geographical presence===
			] campus]]
			As of 31 March 2024, Infosys operates 94 sales and marketing offices and 139 development centers globally. The company's operations are spread across key regions, including India, the United States, Canada, China, Australia, Japan, the Middle East, and Europe.<ref>{{citation \|url=https://www.infosys.com/about.html \|title=About Us \|publisher=Infosys.com \|access-date=17 August 2024}}</ref>

			In the fiscal year 2023-2024, Infosys generated approximately 61% of its revenue from North America, 25% from Europe, 3% from India, and 11% from other regions, including the Middle East, Australia, and Japan.<ref>{{citation \|url=https://www.infosys.com/investors/reports-filings/annual-report/annual/documents/infosys-annual-report-2023.pdf \|title=Infosys Annual Report 2023-24 \|publisher=Infosys.com \|access-date=16 August 2024}}</ref>
	==Notes==
	{{Reflist\|colwidth=30em}}

			Infosys faced scrutiny following the ] on 24 February 2022. The company clarified that it had no active relationships with Russian firms.<ref name="autogenerated1">{{cite web\|url=https://www.bbc.com/news/uk-politics-61017993 \|title=Rishi Sunak faces questions over wife Akshata Murty's non-dom tax status \|publisher=] \|date=2022-03-25 \|accessdate=2022-04-07}}</ref><ref>{{Cite web \|date=2022-06-26 \|title=Infosys has team of less than 100 in Russia, transitioning them outside: CEO Parekh \|url=https://www.businesstoday.in/latest/corporate/story/infosys-has-team-of-less-than-100-in-russia-transitioning-them-outside-ceo-parekh-339217-2022-06-26 \|access-date=2022-12-13 \|website=Business Today }}</ref> By November 2022, only administrative staff remained, handling the transfer of contracts to other contractors.<ref>{{Cite web \|date=2022-11-04 \|title=Infosys still operating from Russia eight months after saying it was pulling out \|url=https://www.theguardian.com/world/2022/nov/04/infosys-still-operating-russia-rishi-sunak-akshata-murty \|access-date=2022-12-13 \|website=] }}</ref>
	==References==
	{{Refbegin}}
	* {{cite web \| url = http://www.infosys.com/about/what-we-do/pages/index.aspx \| title = Infosys Overview \| accessdate =23 August 2006}}
	* {{cite press release
	\| title = Infosys releases agreement to acquire Expert Information Services Pty Limited, Australia (PDF)
	\| publisher=Infosys Technologies Australia Pty Ltd banglore
	.
	\| date = 18 December 2003
	\| url = http://www.infosys.com/australia/news/Documents/infosys-acquires-expert.pdf
	\| accessdate =11 October 2006}}
	* {{cite web
	\| last = Bharat kumar
	\| publisher=Business Line
	\| title = A twist to the tale
	\| date = 7 August 2002
	\| url = http://www.blonnet.com/ew/2002/08/07/stories/2002080700070200.htm}}{{dead link\|date=November 2011}}
	* {{cite web
	\| last = Infosys News
	\| publisher=Top News
	\| title = Latest Happenings at Infosys
	\| date = 12 December 2007
	\| url = http://www.topnews.in/business-news/infosys}}
	* {{cite web
	\| last = M.Bala Murugan
	\| publisher=Daily Dhanthi
	\| title = Latest News
	\| date = 16 April 2010
	\| url = http://www.topnews.in/business-news/infosys}}
	* {{cite web
	\| last = Infosys News
	\| publisher=SEI CMMI
	\| title = Infosys Technologies Limited received the IEEE Computer Society/Software Engineering Institute Software Process Achievement (SPA) Award 2009
	\| date = March 2011
	\| url = http://www.sei.cmu.edu/library/abstracts/reports/11tr008.cfm}}

			===Employees===
			As of 31 March 2024, Infosys employed a total of 343,234 people, commonly referred to as "Infoscions," with 40.1% of them being women.<ref name="InvestorSheet2024">{{cite web\|last=Ltd.\|first=Infosys\|date=April 2024\|title=Infosys Annual Report FY23-24\|url=https://www.infosys.com/investors/reports-filings/annual-report/annual/documents/infosys-ar-24.pdf\|access-date=2024-08-17\|website=Infosys\|publisher=infosys.com}}</ref> Of this workforce, 302,850 are software professionals, while the remaining 40,384 are engaged in support and sales roles.<ref name="InvestorSheet2024" /> In 2023, 85% of Infosys' employees were located in India.<ref name="AR_2023">{{Cite news\|title=Infosys net profit, revenue beat expectations\|work=The Economic Times\|url=https://economictimes.indiatimes.com/markets/stocks/earnings/infosys-net-profit-revenue-beat-expectations/articleshow/91500465.cms\|access-date=2024-08-17}}</ref>

			=== Training centre in Mysore ===
	*{{Refend}}
			] campus]]
			As the world's largest corporate university, the Infosys Global Education Centre, located on a 337-acre<ref>{{cite web \|url=http://www.infosys.com/sustainability/green-innovation/Pages/mysore-campus.aspx \|title=Infosys campus reflects commitment to a greener world \|publisher=Infosys \|access-date=9 September 2013 \|url-status=dead \|archive-url=https://web.archive.org/web/20130927071333/http://www.infosys.com/sustainability/green-innovation/Pages/mysore-campus.aspx \|archive-date=27 September 2013}}</ref> campus, features 400 instructors and over 200 classrooms,<ref name="100000T">{{cite news \|url=http://www.mathrubhumi.com/english/story.php?id=124351 \|title=Infosys has trained 100,000 graduates at Mysore campus \|newspaper=Mathrubhumi \|date=1 June 2012 \|access-date=9 September 2013 \|url-status=dead \|archive-url=https://web.archive.org/web/20130928180432/http://www.mathrubhumi.com/english/story.php?id=124351 \|archive-date=28 September 2013}}</ref> adhering to international benchmarks. Established in 2002, it had trained approximately 125,000 engineering graduates by June 2015.<ref name="100000T" /> The centre can accommodate and train up to 14,000 employees at any given time across various technologies.<ref>{{cite web \|url=http://www.mysoresamachar.com/info_trg_cent.htm \|title=Infosys builds world's biggest training centre in Mysore \|publisher=Mysore Samachar \|date=9 September 2013 \|access-date=2024-08-17 \|archive-url=https://web.archive.org/web/20130922195511/http://www.mysoresamachar.com/info_trg_cent.htm \|archive-date=22 September 2013 \|url-status=usurped }}</ref><ref name="MysoreET" />

			The Infosys Leadership Institute (ILI), located in ], features 196 rooms and trains approximately 4,000 trainees annually.<ref name="MysoreET">{{cite news \|url=http://articles.economictimes.indiatimes.com/2004-06-18/news/27400436_1_training-centre-mysore-employee-care-centre \|title=Infy plans biggest training centre \|newspaper=The Economic Times \|date=18 June 2004 \|access-date=2024-08-17 \|archive-url=https://web.archive.org/web/20131110165403/http://articles.economictimes.indiatimes.com/2004-06-18/news/27400436_1_training-centre-mysore-employee-care-centre \|archive-date=10 November 2013 \|url-status=dead }}</ref> Its primary objective is to cultivate and develop senior leaders within Infosys, preparing them for both current and future executive roles.

			Additionally, the Infosys Training Centre in Mysore offers a range of extracurricular facilities, including tennis courts, badminton and basketball courts, a swimming pool, a gym, and a bowling alley. The campus also features an international-standard cricket ground, approved by the ].

			=== CEOs ===
			From its establishment in 1981 until 2014, Infosys' CEOs were its founders, with ] leading the company for the initial 21 years. Dr. Vishal Sikka was the first external CEO, serving for approximately three years.<ref>{{cite web\|url=http://gadgets.ndtv.com/others/news/infosys-names-vishal-sikka-as-first-external-ceo-540106?pfrom=home-rightnow\|title=Infosys Names Vishal Sikka First External CEO; Chairman Murthy to Step Down\|work=NDTV Gadgets\|date=12 June 2014 \|access-date=2024-08-17\|archive-url=https://web.archive.org/web/20150703035326/http://gadgets.ndtv.com/others/news/infosys-names-vishal-sikka-as-first-external-ceo-540106?pfrom=home-rightnow\|archive-date=3 July 2015\|url-status=live}}</ref><ref>{{cite web \|url=http://www.infosys.com/newsroom/press-releases/Pages/ceo-announcement.aspx \|title=Infosys to appoint Dr. Vishal Sikka as Chief Executive Officer & Managing Director \|publisher=Infosys Limited \|access-date=2024-08-17 \|archive-url=https://web.archive.org/web/20150703043913/http://www.infosys.com/newsroom/press-releases/Pages/ceo-announcement.aspx \|archive-date=3 July 2015 \|url-status=live }}</ref><ref>{{cite news\|title=Infosys to pay its CEO Vishal Sikka Rs. 30 Crores annually\|url=http://news.biharprabha.com/2014/07/infosys-to-pay-its-ceo-vishal-sikka-rs-30-crores-annually/\|agency=Indo-Asian News Service\|publisher=news.biharprabha.com\|access-date=2024-08-17\|archive-url=https://web.archive.org/web/20140707050759/http://news.biharprabha.com/2014/07/infosys-to-pay-its-ceo-vishal-sikka-rs-30-crores-annually/\|archive-date=7 July 2014\|url-status=live}}</ref> Sikka resigned in August 2017. Following his departure, UB Pravin Rao was appointed as Interim CEO and Managing Director of the company.<ref name="Vishal_resigns">{{cite news\|title=vishal-sikka-resigns-as-md-ceo-of-infosys\|newspaper=The Economic Times \|url=http://economictimes.indiatimes.com/markets/stocks/news/vishal-sikka-resigns-as-md-ceo-of-infosys/articleshow/60113175.cms\|access-date=2024-08-17\|archive-url=https://web.archive.org/web/20170820054852/http://economictimes.indiatimes.com/markets/stocks/news/vishal-sikka-resigns-as-md-ceo-of-infosys/articleshow/60113175.cms\|archive-date=20 August 2017\|url-status=live\|last1=Mandavia \|first1=Megha }}</ref> Infosys appointed ] as Chief Executive Officer (CEO) and Managing Director (MD), effective from 2 January 2018.<ref>{{Cite web \|url=http://www.upcomingipocalendar.com/ten-things-to-know-about-salil-s-parekh-the-new-infosys-ceo-and-md/ \|title=Ten Things to Know About Salil S Parekh, the new Infosys CEO and MD \| Upcoming IPO Calendar \|access-date=3 December 2017 \|archive-date=4 December 2017 \|archive-url=https://web.archive.org/web/20171204041633/http://www.upcomingipocalendar.com/ten-things-to-know-about-salil-s-parekh-the-new-infosys-ceo-and-md/ \|url-status=dead }}</ref><ref>{{Cite news\|url=https://timesofindia.indiatimes.com/business/india-business/infosys-appoints-capgeminis-salil-parekh-as-md-ceo/articleshow/61893756.cms\|title=Infosys appoints Capgemini's Salil Parekh as MD & CEO\|work=The Times of India\|access-date=2024-08-17\|archive-url=https://web.archive.org/web/20171203055511/https://timesofindia.indiatimes.com/business/india-business/infosys-appoints-capgeminis-salil-parekh-as-md-ceo/articleshow/61893756.cms\|archive-date=3 December 2017\|url-status=live}}</ref>

			;List of CEOs
			{\| class="wikitable plainrowheaders"
			\|-
			! scope="col" \| Name
			! scope="col" \| Period
			\|-
			! scope="row" \| ]
			\| 1981 to March 2002
			\|-
			! scope="row" \| ]
			\| March 2002 to April 2007
			\|-
			! scope="row" \| ]
			\| April 2007 to August 2011
			\|-
			! scope="row" \| ]
			\| August 2011 to July 2014
			\|-
			! scope="row" \| ]
			\| August 2014 to August 2017
			\|-
			! scope="row" \| ] (interim)
			\| August 2017 to December 2017<ref name="Vishal_resigns" />
			\|-
			! scope="row" \| ]
			\|January 2018 onwards<ref>{{cite news\|title=Salil S Parekh to take over as CEO and MD of Infosys\|website=] \|date=2 December 2017 \|url=https://timesofindia.indiatimes.com/business/india-business/salil-s-parekh-to-take-over-as-ceo-and-md-of-infosys/articleshow/61892876.cms\|access-date=2 December 2017\|archive-url=https://web.archive.org/web/20171203020358/https://timesofindia.indiatimes.com/business/india-business/salil-s-parekh-to-take-over-as-ceo-and-md-of-infosys/articleshow/61892876.cms\|archive-date=3 December 2017\|url-status=live}}</ref>
			\|}

			== Controversies ==
			=== Settlement of tax fraud in the US ===

			In December 2019, the Attorney General of California, ], announced an $800,000 settlement involving Infosys and its BPM (Business Process Management) subsidiary. Between 2006 and 2017, nearly 500 Infosys employees were found to be working in the state on Infosys-sponsored B-1 visas instead of the required H-1B visas, according to an official statement on the State of California’s website.<ref>{{cite web\|date=17 December 2019\|title=Attorney General Becerra Announces $800,000 Settlement Against Infosys for Misclassification of Foreign Workers and Tax Fraud\|url=https://oag.ca.gov/news/press-releases/attorney-general-becerra-announces-800000-settlement-against-infosys\|access-date=23 October 2020\|website=State of California – Department of Justice – Office of the Attorney General}}</ref><ref>{{Cite news\|date=18 December 2019\|title=Infosys to Settle Visa Violation Case in California for $800,000\|work=The Hindu\|url=https://www.thehindu.com/news/international/infosys-to-settle-visa-violation-case-in-california-for-800000/article30335612.ece\|access-date=23 October 2020\|issn=0971-751X}}</ref>

			This misclassification enabled Infosys to avoid paying California payroll taxes, including unemployment insurance, disability insurance, and employment training taxes.<ref>{{cite web\|date=19 December 2019\|first=Shilpa\|last=Phadnis\|title=Infosys Pays California $800,000 to Settle Visa Case\|url=https://timesofindia.indiatimes.com/business/india-business/infosys-pays-california-8-lakh-to-settle-visa-case/articleshow/72878135.cms\|access-date=23 October 2020\|website=The Times of India}}</ref><ref>{{cite web\|date=18 December 2019\|title=Infosys to Pay $800,000 to Settle Worker Misclassification, Tax Fraud Charges\|url=https://timesofindia.indiatimes.com/business/india-business/infosys-to-pay-800000-to-settle-worker-misclassification-tax-fraud-charges/articleshow/72862110.cms\|access-date=23 October 2020\|website=The Times of India}}</ref>

			=== Accusation of visa fraud in the US ===

			In 2011, Infosys was accused of visa fraud for using B-1 (visitor) visas for work that required H-1B (work) visas. The allegations originated from an internal complaint by an American employee of Infosys, who subsequently filed a lawsuit against the company, claiming harassment and marginalization after raising the issue. Although the lawsuit was dismissed,<ref>{{cite news\|url=https://www.nytimes.com/2012/08/21/us/alabama-judge-dismisses-infosys-whistle-blower-suit.html\|title=Judge Dismisses Infosys Suit\|work=The New York Times\|date=20 August 2012\|access-date=29 October 2012\|first=Julia\|last=Preston\|archive-url=https://web.archive.org/web/20121021012506/http://www.nytimes.com/2012/08/21/us/alabama-judge-dismisses-infosys-whistle-blower-suit.html\|archive-date=21 October 2012\|url-status=live}}</ref> along with another similar case,<ref> {{Webarchive\|url=https://web.archive.org/web/20170709234620/https://www.wsj.com/articles/SB10000872396390443537404577578653130863044\|date=9 July 2017}}, 9 August 2012, ''The Wall Street Journal''</ref><ref> {{Webarchive\|url=https://web.archive.org/web/20121109081132/http://www.deccanherald.com/content/271636/infosys-slashed-80-my-portfolio.html\|date=9 November 2012}}, Shayan Ghosh, 14 August 2012, ''Deccan Herald''</ref><ref>, 14 December 2012, ''The Indian Express''</ref> these allegations were brought to the attention of U.S. authorities, leading to investigations by the ] and a ].<ref>{{cite web\|last=Thibodeau\|first=Patrick\|title=Whistleblower to Continue Helping U.S. Infosys Probe\|url=http://www.computerworld.com/s/article/9230419/Whistleblower_to_continue_helping_U.S._Infosys_probe\|work=Computerworld\|date=21 August 2012\|access-date=27 September 2012\|archive-url=https://web.archive.org/web/20121102154924/http://www.computerworld.com/s/article/9230419/Whistleblower_to_continue_helping_U.S._Infosys_probe\|archive-date=2 November 2012\|url-status=live}}</ref>

			In October 2013, Infosys agreed to settle the civil suit with U.S. authorities by paying $34 million. While the company did not admit guilt, it stated that it settled to avoid the complications of "prolonged litigation".<ref>{{cite news\|url=https://www.gadgetsnow.com/tech-news/software-services/Infosys-to-pay-34m-fine-within-10-days-settlement-not-to-affect-future-visas/articleshow/24952527.cms\|title=Infosys to Pay $34m Fine Within 10 Days; Settlement Not to Affect Future Visas\|date=31 October 2013\|access-date=2 November 2013\|archive-url=https://web.archive.org/web/20131103021546/http://articles.timesofindia.indiatimes.com/2013-10-31/software-services/43558764_1_b-1-visas-bangalore-based-infosys-infosys-statement\|archive-date=3 November 2013\|newspaper=]\|url-status=live}}</ref> Infosys asserted that, "As reflected in the settlement, Infosys denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse. Those claims are untrue and are assertions that remain unproven."<ref>{{cite news\|url=http://articles.timesofindia.indiatimes.com/2013-10-30/software-services/43526427_1_infosys-visa-programmes-immigration-abuse\|title=Infosys Settles Visa Fraud Investigation, Pays $34m\|date=30 October 2013\|access-date=2 November 2013\|archive-url=https://web.archive.org/web/20131102080442/http://articles.timesofindia.indiatimes.com/2013-10-30/software-services/43526427_1_infosys-visa-programmes-immigration-abuse\|archive-date=2 November 2013\|newspaper=]\|url-status=dead}}</ref>

			=== Malfunctioning government portals ===

			In 2013, technical issues emerged after Infosys took over the ] portal from ].<ref>{{cite news\|title=MCA Portal Cripples After Switching Vendor from TCS to Infosys on January 17\|url=https://economictimes.indiatimes.com/tech/internet/mca-portal-cripples-after-switching-vendor-from-tcs-to-infosys-on-january-17/articleshow/18248032.cms\|access-date=10 July 2024\|work=The Economic Times}}</ref><ref>{{Cite web\|date=2021-06-22\|title=Infosys Earlier Drew Flak for MCA21, GSTN Portal 'Issues'\|url=https://indianexpress.com/article/business/companies/infosys-earlier-drew-flak-for-mca21-gstn-portal-issues-7369755/\|access-date=2022-10-30\|website=The Indian Express}}</ref> Similar problems arose in 2016 after a ] and ].<ref>{{cite news\|title=MCA21 Woes: Corporate Affairs Ministry Might Deduct Payments to Infosys\|url=https://www.thehindu.com/business/mca21-woes-corporate-affairs-ministry-might-deduct-payments-to-infosys/article8523912.ece\|access-date=10 July 2024\|work=The Hindu\|date=26 April 2016\|language=en-IN}}</ref><ref>{{cite news\|title=Why the MCA21 Portal Is a Pain to Use\|url=https://www.livemint.com/Companies/RaT3ci2PpOjCKazJSdnakN/Why-the-MCA21-portal-is-a-pain-to-use.html\|access-date=10 July 2024\|work=Mint}}</ref>

			In 2020, the finance ministry identified glitches in the ] portal, leading to a summons for Infosys executives.<ref>{{cite news\|title=FinMin Flags 17 'Areas of Dissatisfaction' with Infosys-Designed GSTN\|url=https://www.business-standard.com/article/pti-stories/finmin-flags-17-areas-of-dissatisfaction-with-infosys-designed-gstn-120031100903_1.html\|access-date=10 July 2024\|work=Business Standard}}</ref><ref>{{cite news\|title=GST Glitches: Top Infosys Executives Get Summons from Finance Ministry\|url=https://timesofindia.indiatimes.com/business/india-business/gst-glitches-top-infosys-executives-get-summons-from-finance-ministry/articleshow/73787360.cms\|access-date=10 July 2024\|work=The Times of India\|date=31 January 2020}}</ref> In 2022, chartered accountants and ]s raised concerns over technical issues with the GSTN portal.<ref>{{Cite web\|date=2022-10-21\|title=Slow GST Portal: September Returns Filing Due Date May Be Extended\|url=https://www.zeebiz.com/india/news-slow-gst-portal-september-returns-filing-due-date-may-be-extended-204217\|access-date=2022-10-30\|website=Zee Business}}</ref><ref>{{Cite web\|title=GST at 5: Accountants Still Confront Major Issues in Filing Returns\|url=https://www.moneycontrol.com/news/business/banks/gst-at-5-accountants-still-confront-major-issues-in-filing-returns-8742191.html\|access-date=2022-10-30\|website=Moneycontrol\|date=27 June 2022}}</ref>

			In 2021, the newly launched ] portal, developed by Infosys, encountered multiple glitches. Despite a summons for Infosys CEO ], the issues remained unresolved for months, forcing an extension of the tax filing deadline.<ref>{{cite news\|title=Finance Ministry Summons Infosys CEO Again on Tax Portal Glitches\|url=https://www.thehindubusinessline.com/news/finmin-summons-infosys-md-ceo-salil-parekh-to-explain-non-resolution-of-i-t-portal-glitches/article36042487.ece\|access-date=10 July 2024\|work=The Hindu Businessline}}</ref><ref>{{cite news\|title=CBDT Extends Due Date for Filing of IT Returns for AY 2021-22 Till December 31\|url=https://www.hindustantimes.com/business/cbdt-extends-due-date-for-filing-of-it-returns-for-ay-2021-22-till-december-31-101631196079624.html\|access-date=10 July 2024\|work=Hindustan Times\|date=9 September 2021\|language=en}}</ref> In 2022, users continued to report malfunctions and issues on the first anniversary of the portal's launch.<ref>{{Cite news\|title=Income Tax Portal Develops Snag on First Anniversary, Govt Asks Infosys to Look into Issue\|work=The Economic Times\|url=https://economictimes.indiatimes.com/news/economy/policy/a-year-on-since-launch-i-t-portal-marred-with-another-glitch-infosys-directed-to-fix-issue/articleshow/92056970.cms\|access-date=2022-10-30}}</ref><ref>{{Cite web\|date=2022-07-03\|title=Taxpayers Facing Issues in Accessing Income Tax Dept Portal; Infosys Reacts\|url=https://tech.hindustantimes.com/tech/news/taxpayers-facing-issues-in-accessing-income-tax-dept-portal-infosys-reacts-71656826720808.html\|access-date=2022-10-30\|website=HT Tech}}</ref><ref>{{Cite web\|date=2022-06-08\|title=Infosys' I-T Portal Continues to Experience Glitch Issues Since Its Launch in June 2021\|url=https://www.news18.com/news/tech/taxing-experience-how-infosys-designed-i-t-portal-has-been-mired-in-glitches-since-launch-in-june-2021-5334193.html\|access-date=2022-10-30\|website=News18}}</ref>

			==See also==
			*]
			*]

			==References==
			{{Reflist}}

	==External links==		==External links==
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Latest revision as of 11:35, 9 January 2025

Indian multinational technology company

Infosys Limited

Headquarters in Bengaluru
Trade name	Infosys
Company type	Public
Traded as	BSE: 500209 NSE: INFY NYSE: INFY BSE SENSEX constituent NSE NIFTY 50 constituent
ISIN	INE009A010321
Industry	Information technology Consulting Outsourcing
Founded	2 July 1981; 43 years ago (2 July 1981) in Pune, India
Founders	N. R. Narayana Murthy Nandan Nilekani Kris Gopalakrishnan S. D. Shibulal K. Dinesh N. S. Raghavan Ashok Arora
Headquarters	Bengaluru, Karnataka, India
Area served	Worldwide
Key people	Nandan Nilekani (Chairman) Salil Parekh (MD & CEO)
Products	Finacle Panaya
Revenue	₹158,381 crore (US$19 billion) (2024)
Operating income	₹35,988 crore (US$4.2 billion) (2024)
Net income	₹26,248 crore (US$3.1 billion) (2024)
Total assets	₹137,814 crore (US$16 billion) (2024)
Total equity	₹88,461 crore (US$10 billion) (2024)
Number of employees	317,240 (March 2024)
Divisions	Infosys Consulting Infosys BPM EdgeVerve Systems
Website	infosys.com
Footnotes / references Financials as of 31 March 2024.

Infosys Limited is an Indian multinational technology company that offers business consulting, information technology, and outsourcing services. Founded in 1981, the company is headquartered in Bengaluru.

On 24 August 2021, Infosys became the fourth Indian company to achieve a market capitalization of US$100 billion. As of 2024, Infosys is the second-largest Indian Big Tech company by revenue and market capitalization.

Infosys has also attracted controversies due to allegations of visa and tax fraud in the United States and for creating malfunctioning government websites.

History

Infosys was founded by seven engineers in Pune, with an initial capital of $250. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore.

The company changed its name to Infosys Technologies Private Limited in April 1992 and became Infosys Technologies Limited when it became a public limited company in June 1992.

In February 1993, Infosys launched its initial public offering (IPO) with an offer price of ₹95 per share, compared to a book value of ₹20 per share. The IPO was initially undersubscribed but was "bailed out" by US investment bank Morgan Stanley, which acquired a 13% equity stake at the offer price. When trading began in June 1993, the share price opened at ₹145 per share.

Infosys shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts (ADRs), making it the first Indian company to be listed on Nasdaq. The share price rose to ₹8,100 by 1999, making it the most expensive share on the market at the time. Infosys was then among the top 20 companies by market capitalization on the Nasdaq. The ADR listing was later transferred from Nasdaq to NYSE Euronext to provide European investors with better access to the company's shares.

In July 2010, then-British Prime Minister David Cameron visited Infosys headquarters in Bangalore and addressed the company's employees. In June 2011, the company was renamed Infosys Limited.

In 2012, Infosys announced the opening of a new office in Milwaukee, Wisconsin, to serve Harley-Davidson. In 2011, Infosys hired 1,200 U.S. employees, and by 2012, it had expanded its workforce by an additional 2,000 employees.

In July 2014, Infosys launched a product subsidiary named EdgeVerve Systems, focusing on enterprise software products for business operations, customer service, procurement, and commerce network domains. In August 2015, Infosys transferred assets of Finacle to EdgeVerve Systems.

Infosys surpassed US$10 million in annual revenue in FY 1995, US$100 million in FY 1999, US$1 billion in FY 2004, and US$10 billion in FY 2017. In FY 2023, its revenue stood at US$18 billion.

Infosys announced the launch of Aster in June 2024, an AI-powered platform designed to improve marketing efficiency through the use of artificial intelligence.

Services and products

Infosys offers software development, maintenance, and independent validation services across industries such as finance, insurance, manufacturing, among others. Through its subsidiary Infosys Consulting, it provides consulting services in digital experience, cloud, data analytics, artificial intelligence, engineering, and sustainability. Its subsidiary Infosys BPM provides outsourcing services for business processes such as finance, procurement, customer service, and HR.

Infosys offers digital products and platforms for digital transformation, including Finacle, Panaya, Infosys Equinox, Infosys Meridian, EdgeVerve and Infosys Cortex. Finacle is a banking solution that supports financial institutions in improving their customer service capabilities. Panaya is a platform that assists organizations in accelerating application delivery and innovation. Infosys Equinox is a digital commerce platform designed for facilitating user-friendly and personalized shopping experiences. Infosys Meridian is a workplace platform for increased productivity in remote and hybrid work environments.

Acquisitions

Name	Based in	Acquisition cost	Acquisition date	Business
Expert Information Services	Australia	$23 million	Dec 2003	IT services
Gen-i Software	New Zealand	Undisclosed	Jun 2011	Software consulting
Lodestone Holding	Switzerland	$345 million	Sep 2012	Management consultancy
Panaya	Israel	$200 million	Mar 2015	Automation technology
Skava (Kallidus)	United States	$120 million	Apr 2015	Digital experience solutions
Noah Consulting	United States	$70 million	Nov 2015	Information management consulting services
Skytree	United States	Undisclosed	Apr 2017	Machine learning
Brilliant Basics	United Kingdom	£7.5 million	Aug 2017	Product design and customer experience
Fluido Oy	Finland	€65 million	Oct 2018	Salesforce advisor and consulting partner
WongDoody	United States	$75 million	Jan 2019	Advertising and creative strategy services
Stater N.V.	Netherlands	€127.5 million	Apr 2019	Mortgage services
Simplus	United States	$250 million	Feb 2020	Salesforce consulting
Kaleidoscope	United States	$42 million	Sep 2020	Product design and development
GuideVision	Czech Republic	€30 million	Sep 2020	ServiceNow partner
Blue Acorn iCi	United States	$125 million	Oct 2020	Digital transformation
Carter Digital	Australia	Undisclosed	Jan 2021	Design agency
Oddity	Germany	€50 million	Mar 2022	Digital marketing
BASE life science	Denmark	€110 million	Jul 2022	Life science consulting and technology
InSemi	India	₹280 crore	Jan 2024	Semiconductor design services
in-tech	Germany	€450 million	Apr 2024	Engineering R&D services

Listing and shareholding pattern

In India, Infosys shares are listed on the BSE, where it is a part of the BSE SENSEX, and on the NSE, where it is included in the NIFTY 50 index. Infosys also trades its shares through American depositary receipts (ADRs) on the New York Stock Exchange.

Over the years, the shareholding of Infosys's promoters has steadily decreased. This trend began in June 1993, when Infosys first listed its shares. The promoter holdings further declined when Infosys became the first Indian-registered company to list Employee Stock Options Schemes and ADRs on NASDAQ on 11 March 1999.

Infosys shareholding and stakeholders pattern (as of 31 March 2024)
Shareholders	Shareholding
Promoters group	014.61%
Foreign institutional investors (FII)	032.74%
Domestic institutional investors (DII)	037.59%
Public	014.81%
Others	0 0.25%
Total	100.00%

Operations

Geographical presence

As of 31 March 2024, Infosys operates 94 sales and marketing offices and 139 development centers globally. The company's operations are spread across key regions, including India, the United States, Canada, China, Australia, Japan, the Middle East, and Europe.

In the fiscal year 2023-2024, Infosys generated approximately 61% of its revenue from North America, 25% from Europe, 3% from India, and 11% from other regions, including the Middle East, Australia, and Japan.

Infosys faced scrutiny following the invasion of Ukraine on 24 February 2022. The company clarified that it had no active relationships with Russian firms. By November 2022, only administrative staff remained, handling the transfer of contracts to other contractors.

Employees

As of 31 March 2024, Infosys employed a total of 343,234 people, commonly referred to as "Infoscions," with 40.1% of them being women. Of this workforce, 302,850 are software professionals, while the remaining 40,384 are engaged in support and sales roles. In 2023, 85% of Infosys' employees were located in India.

Training centre in Mysore

As the world's largest corporate university, the Infosys Global Education Centre, located on a 337-acre campus, features 400 instructors and over 200 classrooms, adhering to international benchmarks. Established in 2002, it had trained approximately 125,000 engineering graduates by June 2015. The centre can accommodate and train up to 14,000 employees at any given time across various technologies.

The Infosys Leadership Institute (ILI), located in Mysore, features 196 rooms and trains approximately 4,000 trainees annually. Its primary objective is to cultivate and develop senior leaders within Infosys, preparing them for both current and future executive roles.

Additionally, the Infosys Training Centre in Mysore offers a range of extracurricular facilities, including tennis courts, badminton and basketball courts, a swimming pool, a gym, and a bowling alley. The campus also features an international-standard cricket ground, approved by the BCCI.

CEOs

From its establishment in 1981 until 2014, Infosys' CEOs were its founders, with N. R. Narayana Murthy leading the company for the initial 21 years. Dr. Vishal Sikka was the first external CEO, serving for approximately three years. Sikka resigned in August 2017. Following his departure, UB Pravin Rao was appointed as Interim CEO and Managing Director of the company. Infosys appointed Salil Parekh as Chief Executive Officer (CEO) and Managing Director (MD), effective from 2 January 2018.

List of CEOs

Name	Period
N. R. Narayana Murthy	1981 to March 2002
Nandan Nilekani	March 2002 to April 2007
Kris Gopalakrishnan	April 2007 to August 2011
S. D. Shibulal	August 2011 to July 2014
Vishal Sikka	August 2014 to August 2017
U. B. Pravin Rao (interim)	August 2017 to December 2017
Salil Parekh	January 2018 onwards

Controversies

Settlement of tax fraud in the US

In December 2019, the Attorney General of California, Xavier Becerra, announced an $800,000 settlement involving Infosys and its BPM (Business Process Management) subsidiary. Between 2006 and 2017, nearly 500 Infosys employees were found to be working in the state on Infosys-sponsored B-1 visas instead of the required H-1B visas, according to an official statement on the State of California’s website.

This misclassification enabled Infosys to avoid paying California payroll taxes, including unemployment insurance, disability insurance, and employment training taxes.

Accusation of visa fraud in the US

In 2011, Infosys was accused of visa fraud for using B-1 (visitor) visas for work that required H-1B (work) visas. The allegations originated from an internal complaint by an American employee of Infosys, who subsequently filed a lawsuit against the company, claiming harassment and marginalization after raising the issue. Although the lawsuit was dismissed, along with another similar case, these allegations were brought to the attention of U.S. authorities, leading to investigations by the U.S. Department of Homeland Security and a federal grand jury.

In October 2013, Infosys agreed to settle the civil suit with U.S. authorities by paying $34 million. While the company did not admit guilt, it stated that it settled to avoid the complications of "prolonged litigation". Infosys asserted that, "As reflected in the settlement, Infosys denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse. Those claims are untrue and are assertions that remain unproven."

Malfunctioning government portals

In 2013, technical issues emerged after Infosys took over the MCA21 portal from Tata Consultancy Services. Similar problems arose in 2016 after a system migration and version update.

In 2020, the finance ministry identified glitches in the GSTN portal, leading to a summons for Infosys executives. In 2022, chartered accountants and tax professionals raised concerns over technical issues with the GSTN portal.

In 2021, the newly launched Income Tax portal, developed by Infosys, encountered multiple glitches. Despite a summons for Infosys CEO Salil Parekh, the issues remained unresolved for months, forcing an extension of the tax filing deadline. In 2022, users continued to report malfunctions and issues on the first anniversary of the portal's launch.

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External links

Official website
Business data for Infosys Ltd:
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Founders	N. R. Narayana Murthy Nandan Nilekani N. S. Raghavan S. Gopalakrishnan S. D. Shibulal K. Dinesh Ashok Arora
Board of directors	Salil Parekh (CEO & MD) U. B. Pravin Rao (COO) Carol M. Browner John Etchemendy Jeffrey S. Lehman Kiran Mazumdar-Shaw Ravi Venkatesan

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