Definition

Infosys Technologies (Infosys Limited)

Infosys Technologies (now known as Infosys Limited) is a global IT consulting firm headquartered in Bangalore, India. The company offers business, technology and software consulting services, product engineering, customized software development, maintenance of information systems and outsourcing services to corporations in India and overseas.

Infosys, the first Indian IT company to be listed on NASDAQ, was founded in July 2, 1981 with an initial capital of 10,000 rupees, by seven entrepreneurs - N.R.Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S.D.Shibulal, K. Dinesh, Ashok Arora and N.S.Raghavan.

Narayana Murthy, who was the prime moving force behind the creation of Infosys, was the company's founder Chief Executive Officer, a position which he occupied for 21 years before stepping down in 2002, relinquishing his post to co-founder Nandan Nilekani.

This was last updated in July 2012
Posted by: Margaret Rouse

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