Here you get to know about the Profile of Infosys Limited, Financials of the company, CEO, Founder and chairman.
- Revenue: ₹ 121,641 Cr (2022)
- Dividend Yield: 1.97 %
- ROCE: 37.1 %
- ROE: 29.0 %
- Face Value: ₹ 5.00
- Promoter holding: 15.2 %
- Debt to equity: 0.08
Infosys Limited was incorporated in Pune, in 1981, as Infosys Consultants Private Limited, a private limited company under the Companies Act, 1956. In 1983, the corporate headquarters were relocated to Bengaluru. Infosys became the first IT Company from India to be listed on NASDAQ.
Profile of Infosys Limited
Infosys Limited is a leading provider of consulting, technology, outsourcing, and next-generation digital services, enabling clients in 46 countries to create and execute strategies for their digital transformation.
The name of the Company was changed to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited in June 1992, when the Company became a public limited company.
Infosys Limited made an initial public offering in February 1993 and was listed on stock exchanges in India in June 1993. During fiscal 2012, the name of the Company was changed from Infosys Technologies Limited to Infosys Limited. The following is the Products and Platforms of Infosys Limited
- • Finacle®
- • Edge Suite
- • Infosys NIA®
- • Infosys McCamish
- • Panaya®
- • Skava®
- • Stater Mortgage Servicing Platform
- • Wingspan
Nandan M. Nilekani Chairman
Nandan M. Nilekani is currently the Chairman of Infosys Limited. Born in Bengaluru, Nilekani received his Bachelor’s degree from IIT, Bombay. In 2005 he received the prestigious Joseph Schumpeter prize for innovative services in the economy, economic sciences, and politics. In 2006, he was awarded the Padma Bhushan. He was also named Businessman of the year by Forbes Asia.
Time magazine listed him as one of the 100 most influential people in the world in 2006 & 2009. Foreign Policy magazine listed him as one of the Top 100 Global thinkers in 2010. He won The Economist Social & Economic Innovation Award for his leadership of India’s Unique Identification initiative (Aadhaar).
In 2017, he received the Lifetime Achievement Award from E & Y. CNBC- TV 18 conferred India Business leader award for outstanding contributor to the Indian Economy-2017 and he also received the 22nd Nikkei Asia Prize for Economic & Business Innovation 2017.
Nandan Nilekani is the Co-founder and Chairman of EkStep, a not-for-profit effort to create a learner centric, technology based platform to improve basic literacy and numeracy for millions of children.
He was most recently the Chairman of the Unique Identification Authority of India (UIDAI) in the rank of a Cabinet Minister. Nandan Nilekani was previously the co-chairman, Infosys Technologies Limited, which he co-founded in 1981.
Top 10 Information Technology Companies in India
Salil Parekh Chief Executive Officer [ CEO ] and Managing Director
Salil Parekh, as Chief Executive Officer and Managing Director, sets and evolves the strategic direction for the company and its portfolio of offerings, while nurturing a strong leadership team to drive its execution.
Salil has nearly three decades of global experience in the IT services industry with a strong track record of driving digital transformation for enterprises, executing business turnarounds and managing successful acquisitions.
Earlier, Salil was a member of the Group Executive Board at Capgemini, where he held several leadership positions for 25 years. He was responsible for overseeing a business cluster comprising Application Services (North America, UK, Asia), Cloud Infrastructure Services, and Sogeti (Technology & Engineering Services Division).
He was responsible for the strategy and execution of these businesses – setting direction and enabling rapid client adoption. He was also the Chairman of Capgemini’s North America Executive Council. He was the architect of the North America growth and turnaround strategy and was instrumental in setting up their offshoring capabilities.
Salil was also Partner at Ernst & Young and widely credited for bringing scale and value to the Indian operations of the consultancy firm.
He holds Master of Engineering degrees in Computer Science and Mechanical Engineering from Cornell University, and a Bachelor of Technology degree in Aeronautical Engineering from the Indian Institute of Technology, Bombay.
Infosys Founder N.R. Narayana Murthy
Mr. Murthy founded Infosys in 1981. Infosys is, today, a highly-innovative software services global company listed on NYSE in the US and on the Bombay Stock Exchange in Mumbai.
Mr. Murthy conceptualized, articulated and implemented the Global Delivery Model (GDM) which has become the backbone of the Indian software industry. GDM is based on collaborative distributed software development principles and has resulted in the delivery of superior quality software to global customers delivered on time and within budget. Mr. Murthy also introduced the concept of 24-hour work day to the world.
Under Mr. Murthy’s leadership, Infosys became the leader in innovation in technical, managerial and leadership training, software technology, quality, productivity, customer focus, employee satisfaction, and physical and technological infrastructure.
In 2014, Mr. Murthy was ranked 13th among CNBC’s 25 global business leaders and listed among the ‘12 greatest entrepreneurs of our time’, by Fortune in 2012. He has received Legion d’honneur from France, CBE from Britain and Padma Vibhushan from India.
The Economist ranked him among the 10 most-admired global business leaders in 2005. Mr. Murthy is ranked among the top 10 of the Financial Times’ list of “Business pioneers in technology”, published in March 2015. He is the first Indian winner of Ernst and Young’s World Entrepreneur of the Year award.
Mr. Murthy was elected as a member of the prestigious American Academy of Arts and Sciences in 2019. He is a foreign member of the US National Academy of Engineering and a Fellow of the Indian National Academy of Engineering.
He received the Founders Medal in 2018, the Hoover medal in 2012 and the Ernst Weber Medal in 2007, all the three from IEEE. He has received Thomas Jefferson medal and James C. Morgan Global Humanitarian Award.
Currently, Mr. Murthy serves on the boards of Ford Foundation, the Institute for Advanced Study at Princeton, New Jersey and the United Nations Foundation. He has served on the boards of HSBC and Unilever, both headquartered in London.
He has served as a member of the boards of various well-known universities in the US like Cornell University, Wharton School, the Graduate School of Business at Stanford University and the Rhodes Trust at Oxford. He was the Chairman of the Indian Institute of Management (Ahmedabad), the #1 business school in India, and the Public Health Foundation of India (PHFI).
He is a member of the advisory board of the University of Tokyo (Japan), ESSEC Business School (France), IESE Business School (Spain) and Fundação Dom Cabral (FDC – Brazil).
He has also served on the international advisory boards of Yale University, University of Illinois at Urbana-Champaign, William F. Achtmeyer Center for Global Leadership at the Tuck School of Business, Singapore Management University INSEAD, Asian Institute of Technology (Bangkok), the Indian School of Business (Hyderabad), and the International Institute of Information Technology, Bangalore.
He is also a Trustee of the Infosys Science Foundation, which governs the Infosys Prize, an annual award, to honor outstanding achievements of researchers and scientists across six categories.
He is married. His wife, Sudha, is a well-known author. They have two children.
Infosys Foundation
Infosys Foundation was established in 1996 for social welfare activities. Since its inception, the Foundation, through its grant-making and partnerships with government bodies and competent non-governmental bodies, has fostered a sustainable culture of development in the areas of healthcare, promotion of education, eradication of hunger, rural development, art and culture, and destitute care across India.
Also Read Top IT Companies in India
Advantages of business digital transformation
Improved productivity.
Time and cost reduction.
Improved internal and external communication.
Increased analytical capacity.
Creation of new business opportunities.
Expansion of geographical borders.
Extends the life of the company.
Decentralization of work and continuous training.