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Infosys
BSE: 500209|NSE: INFY|ISIN: INE009A01021|SECTOR: Computers - Software
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Company History - Infosys
1981
  
 - On July 2nd the company was incorporated as Infosys Consultants
 Private Limited at Mumbai.
 
 - INFOSYS was promoted by software professionals, Viz Mr. S.
 Gopalakrishnan, Mr. K. Dinesh, Nandan M Nilekani, Mr.  S.D. Shibulal,
 Mr. N.R. Narayana Murthy & Mr. N S Raghavan.
 
 - The company is engaged in software development in the form of
 services, turnkey projects and products for the domestic and export
 market.  The software development is targeted towards the
 distribution, banking, telecommunication and manufacturing sectors
 worldwide.
 
 1992
 
 - On April 21st the name changed to Infosys Technologies Private
 Limited, and the Registered office was moved to Bangalore.
 
 - On June 2nd the company was converted into a Public Limited Company
 under the name Infosys Technologies Ltd.
    
 - The company provides software maintenance, re-engineering and
 downsizing of software applications in these market segments. It also
 markets internationally, two well-known packages, one for the
 distribution industry (DMAP) and one for retail banking (Bancs
 2000).
 
 - The company has a joint venture in USA with KSA (Kurt Salmon
 Associates).  KSA is a  million management consultancy company
 operating in ten cities of the USA and also in eight
 different countries.  The company also has an offshore software
 development centre for General Electric USA.  Yantra Corporation is
 an wholly owned subsidiary of the Company.
 
 1993
 
 - The Company turned up with ISO 9000 certification.
 
 - 19,76,100 No. of equity shares of Rs 10 each issued, subscribed and
 paid-up (15,84,000 shares to directors, promoters; 2,68,100 shares to
 employees of the company and
 1,24,000 shares at a prem., of Rs 70 per to shareholders on right
 basis).
 
 - 68,600 shares reserved for allotment in preferential basis to
 employees of the company and group company (only 10,3000 shares taken
 up).  Balance 13,07,200 shares along with 58,500 shares not taken up
 by employees were issued to the public (all were taken up).
 
 - The Company is entering into an agreement with Analog Devices Inc.,
 USA, under which ADI will sell GAMANA Vector Tutorial software package
 (GVT), GAMANA Motion Control Development System (GMCDS) boards, GAMANA
 chip-sets and related software.
 
 - During the period company undertook to expand its activities by
 setting up a software technology park on 100% EOU.  For this purpose
 Co. acquired 5 acres of land at Electronic city near Bangalore.
 
 - To part finance the Company's project for setting up a Software
 Technology Park, Company made a public issue of 13,76,000 equity
 shares of Rs. 10 each at a premium of Rs. 85
 per share in February.
 
 1994
 
 - During the year marketing offices were opened in San Francisco,
 Cincinnati, New York and Dallas.
 
 - During the year company proposed to make a preferential issue of
 7,50,000 warrants convertible into shares to the Infosys Technologies
 Ltd. Employees Trust to form the basis of employee stock offer plan.
 
 - 33,52,100 bonus equity shares issued in proportion 1:1. 5,50,000
 No. of equity shares of Rs 10 each allotted at a premium of Rs 440
 per share to FIIS, Mutual Funds and other on preferential basis.  Of
 these some shares were forfeited.
 
 1995
 
 - On 11th February, the new STP at Electronics City was officially
 inaugurated.  This is the largest, single-location, software
 development center available in India.
     
 - During the year BANCS 2000 was installed in Kenya, opening up the
 export market for the banking product group.
 
 - Necessary permissions were received for selling up wholly owned
 subsidiaries in the USA, Europe & Asia-pacific.
 
 - During the year the company established Yantra Corporation, a
 wholly owned subsidiary in USA investing US $ 5,00,000 in the equity
 of the said subsidiary.
      
 1996
 
 - The company recorded six new installations of BANCS 2000 in Africa
 & Asia.  A new strategic business unit (SBU)-5 was added to
 concentrate on Internet and Internet consultancy.
       
 1997
 
 - The Institute of Chartered Accountants of India awarded the Silver
 shield for the Best-Presented-Accounts, amongst the entries received
 from the non-financial, private sector
 companies for the year 1995.
  
 - The readers of the well-known Asia Money magazine have voted the
 company as India's best-managed Company for the year 1996. Company
 also won several awards for export performance.
 
 - In December, the Company announced its plans for an ADR issue up to
 US$ 75 million.
 
 - The World Economic Forum selected Infosys as one of India's most
 remarkable and rapidly growing entrepreneurial companies in
 November.
 
 - 8008,600 bonus shares issued in propr. 1:1, 7,34,500 No. of equity
 shares at a prem. of Rs 90 per share allotted on convertion of
 warrants.  14,500 forfeited shares issued.
 
 1998
 
 - During the year, the issued, subscribed and paid-up capital
 increased by Rs. 8,75,76,000 consequent to the issue of 7,49,000
 shares of Rs. 10 each, fully paid, to employees of the Company and
 the Employees Welfare Trust under the ESOP, and a bonus issue of
 80,08,600 shares in the ratio of 1:1 to the members, as of the record
 date.  Of the total paid-up capital of Rs. 16,01,72,000, Rs.
 12,92,69,000 (81% of the paid-up capital), has been issued as bonus
 shares.
 
 - During the year the company received several AWARDS.  1. For the
 second year in succession, the Company received the Silver Shield
 from the Institute of Chartered Accountants of India for the
 Best-Presented-Accounts, amongst the entries received from
 non-financial, private sector companies, for the year 1995-96.
 
 - The readers of Asia Money magazine, once again, voted Infosys the
 best in Strategy and Management from among the listed companies in
 India, and among the best in Asia, for the year 1996-97.
 
 - BANCS 2000 received the CSI-WIPRO award for the
 Best-Packaged-Application, in December 1997, at the SEARCC '97
 Conference in Delhi.
 
 - A Certificate of Merit, was received from the Ministry of Commerce,
 Government of India, for meritorious performance in the field of
 exports during 1995-96.
 
 - A special award for Innovation of new products in computer software
 and related services during 1995-96 was given by the Electronics and
 Computer Software Export Promotion Council,
 Delhi (sponsored by the Ministry of Commerce, Government of India).
 
 - The Bangalore Stock Exchange rated the Company as the Best Regional
 Company for all-round quality management, and as a company which gives
 top priority to shareholder interests.  The Company is the first to
 receive this award.
 
 - Infosys Technologies Ltd has signed up with the US-based Copeland
 companies to set up a client services workstation (CSW) for providing
 retirement planning products and services to
 non-profit organisations (NPOs).
 
 - Infosys Technologies Ltd has entered into an agreement with the
 US-based CyberShop International Inc.  Under the pact Infosys will
 develop a complete electronic commerce system for CyberShop which is
 a leading upscale online retailer, with more
 than 40,000 products from over 400 manufacturers of upscale
 merchandise.
 
 - The Economic Times Awards for Corporate Excellence was won by
 Bangalore-based software giant Infosys Technologies of the Year. 
 
 - Infosys Technologies Ltd (Infosys) is evaluating the possibility of
 setting up a software development centre either in the Philippines or
 in China.  It is also looking at setting
 up a centre each in Europe and the US in the next six months.
 
 1999
 
 - Alpha Data, a leading information services company in the UAE, has
 tied up with Infosys Technologies to market and support banking
 software products from Infosys in the UAE.
 
 - Infosys Technologies has taken the American Depositor Receipts
 (ADRs) route with the US public offering of 1,800,000 ADRs at 
 each.  The ADRs will represent 9,00,000 equity shares and will go
 public on March 11.  Infosys is the first ever India registered
 company to be listed in the Nasdaq stock market in USA.
 
 - After becoming the first Indian company to get a US listing,
 Infosys Technologies has emerged as one of the most precious
 companies listed on Nasdaq in terms of market capitalisation in its
 category of software consulting and services companies.
       
 - Infosys Technologies Ltd, Bangalore-based Software consulting firm,
 announced a strategic alliance with CyberSource Corporation USA, for
 providing E-commerce transaction processing
 services for tax calculation, risk management including fraud
 screening, fulfillment management and distribution control.
 
 - Infosys Technologies Ltd chairman N R Narayana Murthy has been
 awarded the first-ever Sir M Visvesvaraya Memorial Award, instituted
 by Federation of Karnataka Chambers of Commerce and Industry (FKCCI),
 to coincide with 138th Birthday of Sir M Visvesvaraya.
 
 - Infosys Technologies chairman and chief operating officer NR
 Narayana Murthy has been presented with the Electronics Man of the
 Year Award by the Electronic Component Industry Association (Elcina)
 for his outstanding contribution in elevating the Indian electronics
 industry in the global circuit.
 
 2000
 
 - Indian Information Technology giant Infosys Technologies has
 confirmed its plan of setting up a centre for exports in Mohali, twin
 city of Chandigarh.
 
 - During the year a new methodology and toolkit to port applications
 from OS/2 to WINDOWS NT was developed. 
 
 - The Company it had tied-up with Japan's Toshiba Corporation to
 provide enterprise resource planning (ERP) software solutions for
 Toshiba's business processes.
 
 - Jammu and Kashmir Bank has tied up with Infosys Technologies to
 offer internet banking and for its e-commerce initiatives.
 
 - Websetu a suite of products for enabling internet-based electronic
 commerce using traditional on-line transaction processing (OLTP)
 application engines, was introduced.
 
 - Infosys Technologies has signed an agreement with Quintessent
 Communications Inc, by which the two will work together to develop
 and test selected applications that automate data
 exchange between telecom carriers.
 
 - The Company proposes to provide local support to banking product
 customers in Mauritius.
 
 - The Company had tied up with German e-commerce firm Preis24.com to
 develop solutions for business-to-business e-commerce.
 
 - The Company has launched BankAway - It offers end-to-end mobile
 banking services to all customer segments including retail and
 corporate clients.
 
 - Infosys Technologies Ltd has tied up with Franklin Templeton
 Investments (FTI) for interactive information infrastructure.
 
 - Infosys Technologies Ltd has spun off the California-based Onscan
 Inc, incubated by it, as an independent entity.
 
 - The Company has entered into an e-commerce partnership agreement
 with National Bank of Abu Dhabi to provide e-commerce and Internet
 banking services to the bank's retail and corporate customers in the
 United Arab Emirates.
 
 - The Company has launched Finacle an integrated, centralised,
 multi-currency and multi-language-enabled and functionally rich
 banking solution to address retail and corporate banking
 requirements.
 
 - Infosys Technologies Ltd., has established a strategic partnership
 with Delphis Bank Limited (DBL), one of the leading commercial banks
 in Mauritius, to revamp the existing Information Technology
 infrastructure with software solutions from Infosys.
 
 - The Company has entered into a strategic alliance with Evolving
 Systems, a software, consulting and integration company.
 
 - The Company Global Development Centre is set up in London.
 
 - The Company has established a strategic technology partnership with
 First Atlantic Bank, the erstwhile Comet Merchant Bank of Nigeria.
 
 - The Company proposes to increase its software professional strength
 to 2,400 from the present 1,200.
 
 - The Company has re-emerged as India's second most valuable company,
 replacing the FMCG heavyweight, HLL.
 
 - The Company is expanding operations in Pune.  The Company is
 doubling capacity at a cost of 60 crore at its facility in the
 software technology park at Hinjewadi.
 
 - The Company expand its presence in the overseas market by setting
 up an offshore development centre in the UK by November.
 
 - The Company has entered the hot markets of the Asia-Pacific region
 by setting up shop in Hong Kong for tapping the burgeoning e-commerce
 business.
 
 - Infosys has signed an MoU with the Sharjah Airport International
 Free Zone Authority to have a base there.
 
 - Microsoft Corporation and Infosys Technologies are joining hands to
 form an alliance, marking the coming together of a global software
 giant and a wannabe global information
 technology major.
 
 - Goldman Sachs has rated Infosys Technologies and HCL Technologies
 as market outperformers and amongst the best quality names in the
 industry.
 
 - The Company issued on September 30, 667 No. of equity shares
 pursuant to the exercise of stock options by certain employees.
 
 - Infosys Technologies Ltd., the Bangalore-based global IT company,
 entered into a strategic partnership with the US-based YadaYada Inc.,
 the frist integrated wireless service provider
 and personalised mobile web portal, to launch the first business and
 consumer mobile web portal for personal device assistants worldwide.
 
 - The World's leading automotive systems major, Delphi Automotive
 Systems has entered into a tie-up with infotech leaders Infosys, TCS
 and CG Smith for embedded software
 development for its worldwide operations.
 
 - Nortel Networks is joining hands with the company to set up a
 Wireless centre of Excellence in Bangalore.
 
 - The Company has signed a strategic partnership with Standard Trust
 Bank, Nigeria ot deploy its Financle core banking e-platform along
 with the BankAway e-commerce platform.
 
 - The Company has allotted 460 No. of equity shares of par value of
 Rs 5 per share to the Bankers Trust Company, New York.
           
 - Infosys Technologies has signed a pact with Oceanic Bank of Nigeria
 allowing the latter to use its Finacle a web-enabled core banking
 solution.
 
 - The Company has allotted an aggregate 500 equity shares of Rs 5
 each to individual optionees pursuant to the exercise of the
 employees under the 1999 option plan, on receipt of payment of the
 subscription monies in respect of the said shares aggregating Rs
 20,32,525 .
 
 2001
 
 - Infosys Technologies has signed a MoU with the Andhra Pradesh
 Government for establishing a software development campus at
 Hyderabad.
 
 - The Company is setting up its biggest software development centre
 in Bangalore.
 
 - The Company has been awarded silver shield for the best presented
 accounts competition for the sixth consecutive year by the Institute
 of Chartered Accountants of India.
 
 - The Company has allotted 100 equity shares of par value of 5 per
 share to the Bankers Trust Company, New York, the depository to the
 company's ADS issue as underlying shares in respect of 200 ADR's to
 be issued and allocated to the purchasers.
 
 - Infosys Technologies is to set up its second software centre at
 Pune in Hinjewadi.
 
 - Infosys Technologies board has allocated 67,050 No. of equity
 shares at a par value of Rs 5 par to employees of the company.
 
 - Infosys Technologies Ltd. has entered the Canadian market with the
 inauguration of its Toronto Global Development Center.
 
 - The Board of Directors allocated an aggregate of 41,050 stock
 options exercisable for equity shares of par value Rs 5 per share to
 employees of the company, pursuant to the company's
 1999 option plan.
 
 - Infosys Technologies Ltd has appointed of Dr G K Jayaram as
 director of the Infosys Leadership Institute.
 
 - The Company has informed the BSE that the Company has received a
 disclosure from Emerging Markets Growth Fund Inc stating that they
 hold 34,04,880 No. of equity shares representing 5.15 per cent of the
 paid-up capital of the company.
 
 - Infosys Technologies setting up of four fellowship schemes in
 association with the Institute of Chartered Accountants of India
 Accounting Research Fund (ICAI-ARF) to encourage research in
 accounting, auditing, finance, fiscal and corporate laws, capital
 markets and information technology.
           
 - Infosys and TCS have emerged as the leading Indian software
 exporters during 2000-01 clocking exports worth Rs 2,870.26 crore and
 Rs 1,852.94 crore, respectively.
 
 - Infosys Technologies, the provider of Information Technology (IT)
 consulting and services, and Burlington Northern and Santa Fe Railway
 Company (BNSF), the second-largest rail network in North America,
 announced a strategic relationship designed to improve operations and
 customer service.
 
 - The first and biggest employees’ stock option plan (Esop) by an
 Indian software company has matured with the lock-in of Infosys
 Technologies’ 1994 Esop ending last week giving eligible employees
 the option to convert it into hard currency.
 
 - Intel president Craig Barrett on August 3 inaugurated a research
 and development laboratory set up jointly with India's Infosys
 Technologies in Bangalore.
 
 2002
 
 - Receives Motilal Oswal Award for Wealth Creation for 1996-2001
 
 - Mr. Nandan Nilekani becomes the new CEO of the company. Mr.
 Narayanamurthy assumes the role of Chairman & Chief Mentor
 
 - Announces a strategic technology partnership with First Bank of
 Nigeria Plc. (FBN), the largest Bank in West Africa, to deploy
 Infosys Enterprise Banking e-Platform suite of solutions
 
 - Partners with Citadon, the leading provider of online solutions for
 collaboration on the design, construction and operation of large,
 complex capital projects, to Develop Citadon CW
 
 -  Enters into self-governing software-testing services
 
 - Tops among IT exporters with exports of Rs 1900 crore in the period
 April-December 2001
 
 - Airbus Industrie hires Infosys for wing design
 
 - Acquires 12 per cent stake in Onmobile, a software services company
 based in USA
 
 - Adjudged best Indian employer in a study conducted by Hewitt
 Associates and Business Today
 
 - Signs Joint Venture Agreement with Punjab National Bank for the
 implementation of Centralised Banking Solution
 
 - Ties up with Northwestern Mutual to build up and begin an online
 funds transfer choice for Northwestern Mutual's variable life and
 annuity policy holders
 
 - Ties up with Nordstrom to install and launch an Oracle Financial
 system that increases flexibility and back-office efficiencies
 
 - Ties up with Citigroup for formation of a new company, Progeon, for
 Business Process Management (BPM)
 
 - Eastman Chemical Company, a leading International chemical supplier
 headquartered in Kingsport, Tenn, chooses to expand its work with
 infosys in order to take greater advantage of the consulting and IT
 service provider's global delivery model
 
 - Records 35 per cent increase in the value of its brand to Rs 7,257
 crore as of March 31, 2002
 
 - Company tops the survey by financial magazine, Finance Asia, as the
 best managed company
 
 - National Commercial Bank, Jamaica enters into technology
 partnership with Infosys' Banking Business Unit
 
 - Progeon, the BPM arm of the company, bags m order from
 GreenPoint Mortgage
 
 - Infosys Tech bags prestigious Corporate University Xchange
 Excellence Award for 2002
 
 - Nasdaq selects Infosys as the best value reporter
 
 - Infosys abandones China offshore centre plan
 
 - Aeronautical Development Agency (ADA) signs contract with Infosys
 for transfer of Autolay Software
 
 - Acquires Trade IQ Product Division of IQ Financial Systems Inc.,
 USA
 
 - Partners with Concours Group, a boutique strategy consulting firm
 
 - Becomes the first company to achieve CMMI Level 5 for offshore &
 onsite operations
 
 - RBI permits 100% FII purchase in Infosys 
 
 - Ties up with Avaya Inc., a leading global provider of voice and
 data networks to businesses, 
 for integrated CRM solutions
 
 - Ties up with IBM for knowledge sharing arrangement
 
 - Sales chief, Phaneesh Murthy, resigns to pursue a lawsuit filed
 against him and the company alleging wrongful termination and sexual
 harassment
 
 - Developes a process engine to demonstrate Business Process Modeling
 Language (BPML) technology
 
 - Assessed at Level 5 on the PCMM model by KPMG Consulting, becoming
 the first company in the world to be assessed at the Optimising level
 on the updated version 2.0 of the model
 
 - Infosys, Phaneesh agree for off-court resolution of sexual
 harassment suit
 
 - The banking division consolidates all its products under one brand
 and phases out one product
 
 - Starts a new practice in life sciences
 
 - Announces Global Development Centre in Melbourne
 
 - N R Narayana Murthy receives the Ernst & Young Entrepreneur of the
 Year award for 2002
 
 - Company declares that it has won Most Admired Knowledge Enterprises
 (MAKE) award in the Asia region for 2002
 
 - Implements ‘Balanced Score Card’ (BSC), a unique concept which
 entails establishment of strategic objectives and a measurement
 system which not only targets on financial measures but also
 non-financial measures
 
 - Enters into alliance with Kakawa Discount House, Nigeria, a
 discount house formed by a consortium of key banks in Nigeria
 
 - Builds a new intra day comparison system for equities for the
 American Stock Exchange (Amex)
 
 - Bank of Bahrain and Kuwait B S C (BBK), one of the premier banks of
 Bahrain, selects Finacle Core Banking, the new generation core banking
 solution from Infosys, for its operations in India
 
 - Mr Akshaya Bhargava appointed as CEO & MD of Progeon Ltd., the
 Business Process Management subsidiary of Infosys Technologies
 
 - Infosys and Sun introduce new revenue generating opportunities with
 retail banking reference architecture
 
 - Progeon issues 4,375,000 shares to Citicorp
 
 - Signs MoU with Union Territory of Chandigarh to acquire land for
 expansion
 
 - Infosys and BNSF selected by Aberdeen Group to exemplify best
 practices in Offshore Software Outsourcing
 
 - Emerges as the country’s most valuable company in market
 capitalisation
 
 - Enters Thailand through Partnership with Local Companies
 
 2003
 
 - Floats development center in Hyd
 
 - Fortune names Narayana Murthy, Nandan Nilekani as `Asia's
 Businessmen' of the year 2003 making them the first Indians to win
 the award
 
 - Wins Pune regional round of the ING Vysya Brand Equity Quiz
 
 - Hosts Banking CXO summit in Bangkok
 
 - ICRA, the credit rating agency, gives CGR1 rating for the company's
 corporate governance practices, making it the first company in the
 country to get the highest rating for corporate governance
 
 - Infosys Technologies felicitated by SUN Microsystems with Strategic
 Partner Award
 
 - Wins order from US telecom service provider Sprint
 
 - Launches ethics code to check financial frauds
 
 - Infosys Technologies certified for TL 9000 for telecom services by
 BVQI (Bureau Veritas Quality International)
 
 - Infosys' brand valued at Rs 7,488 cr
 
 - Bags -mn order from US telecom company SBC Communications 
 
 - N.R. Narayana Murthy, Chairman and Chief Mentor, bags the
 prestigious Ernst & Young World Entrepreneur Of The Year award
 
 - Wins Electronics & Computer Software Export Promotion Council (ESC)
 award for Computer software and services sector
 
 - Appoints Mr. Deepak Satwalekar, the Independent Director, as the
 Lead Independent Director  of the company
 
 - BusinessWeek ranks the company in the 74th place among the world's 
 top 100 best performing infotech companies making it the only Indian
 company in the list.
 
 - National Commercial Bank, Saudi Arabia, selects FinacleTM suite of
 banking solutions for its delivery channels initiative
 
 - Infosys Technologies offers ADR, prices at  each
 
 - Acquires 100 acres of land at Pune Infotech Park, Hinjewadi, in
 addition to the 25 acres already acquired
 
 - Deploys Finacle at Jammu & Kashmir Bank
 
 - Post Bank Uganda (PBU) becomes the first bank in East Africa to go
 live with Finacle Core Banking
 
 - Expands operations in Chennai by adding 129 acres of land in
 Mahindra City for its second campus
 
 - Gets order of -m from Australian telecom firm Telstra
 Corporation
 
 - Finacle emerges as the world's most scalable open systems based
 core-banking solution
 
 - Infosys & Oracle join hands to provide Pre-integrated solutions for
 Banks in Asia Pacific
 
 - Infosys Technologies has been alloted the highest governance and
 value creation(GVC) rating of `CRISIL GVC Level 1.
 
 -Banque Saudi Fransi (BSF) chooses Finacle eCorporate, the web-based
 cash management and corporate e-banking solution from the Finacle
 suite, on Microsoft .NET software, for its strategic e-banking
 initiative
 
 -Infosys' Banking Business Unit and Sun Microsystems, Inc. December
 10, 2003, revealed a new performance and scalability test result
 achieved in core banking transaction-processing tests
 
 -Infosys Technologies Ltd has announced that NMB Bank Ltd, a leading
 Bank from Zimbabwe, has selected its Finacle suite of enterprise
 banking solutions
 
 -Signs an agreement to acquire 100% equity of Expert Information
 Services Pty Ltd, Australia for A$ 31.0 million (US$ 22.9 million)
 
 -The Board of Directors at its meeting held on December 20, 2003 have
 allotted 22,439 equity shares of par value of Rs 5/- to the optionees,
 pursuant to the exercise of the options granted to the employees under
 the Company's 1999 Stock Option Plan.
 
 2004
 
 -Infosys Technologies has announced an upward revision in guidance
 for both revenues and per share earnings for 2003-04
 
 -Software major Infosys Technologies said on January 09, 2004, it had
 incorporated a wholly-owned subsidiary in China, at Shanghai, with a
 capital outlay of five million US dollar.
 
 -Infosys eyes high growth for software testing unit
 
 -Infosys greets Karnataka Bank for deploying Finacle
 
 -Nandan Nilekani ranks 35th in the world business leaders
 
 -Infosys gets ICAI award for the year '03
 
 -Infosys, Microsoft and Intel join hands to provide Next Generation
 eBanking solutions to banks in Philippines
 
 -Infosys inks pact with British Telecom
 
 -Mauritius Post and Cooperative Bank (MPCB) signs up for Finacle, its
 universal banking solution
 
 -Export-Import Bank of Thailand (EXIM Bank) and Yip In Tsoi & Co Ltd,
 Thailand sign up for using Finacle, the universal banking solution
 from Infosys
 
 -FMR Corp. and its direct and indirect subsidiaries and Fidelity
 International Limited (FIL) and its direct and indirect subsidiaries
 acquire 1,44,221 shares (0.22%). Their shareholding after the said
 acquisition is 33,58,318 shares (5.05%)
 
 -Infosys completes five yrs on Nasdaq
 
 -Suspends Esop scheme
 
 -Infy joins billion dollar club
 
 -Infosys becomes first Indian listed IT firm to net Rs 1000 cr
 
 -Indian Merchants Chambers (IMC) has announced that Infosys
 Technologies chairman NR Narayana Murthy, is the winner of the IMC's
 prestigious Diamond Jubliee Award for 'eminent businessman of the
 year.'
 
 -Infosys Technologies Ltd join hands with Arab National Bank, one of
 the ten commercial banks in Saudi Arabia
 
 -Infosys Chief Narayana Murthy joins NDTV Board
 
 -Infosys Technologies Ltd announced the availability of Item Data
 Integrity (IDI), a new solution, that enables retail companies and
 their partners to reduce time to market associated with the
 introduction of new products and promotions
 
 -Infosys receives ISO 14001 Certification for Environmental
 Management System
 
 -Infosys Technologies Ltd today (June 2, 2004) announced that its
 universal banking solution, Finacle has won the prestigious 'The
 Banker Technology Awards 2004'
 
 -Oriental Bank of Commerce (OBC) has roped in Infosys and Wipro for
 implementing its Rs 300 crore nationwide IT upgradation project
 
 -Comes out with a bonus issue in the ratio of 3:1
 
 -The American Society for Training and Development (ASTD) has rated
 Infosys Technologies Ltd has the world's best in employee training
 and development
 
 - The founder of Infosys Mr N R Narayana Murthy is among Time
 magazine's 10 global leaders helping shape the future of
 communications. Mr Murthy is listed ninth among the 10 Global Tech
 Influentials in the latest issue of the magazine.
 
 -Infosys gets first place in Asian corporate governance score list
 
 -Infy ties up with Australian company in R&D projects on November 02,
 2004
 
 -OATSystems Inc, a Boston, US-based radio frequency identification
 (RFID) company ties up with Infosys Technologies
 
 2005
 
 - Aspis Bank, one of the leading medium size retail and commercial
 banks operating in Greece,  signs up for Finacle universal banking
 solution to power its core banking and treasury operations across 66
 branches.
 
 - The Shop Floor Control System developed by the Company and Arrow
 Electronics, a global provider of electronic components and computer
 products and services, has won the 2004 InfoWorld 100 award for being
 one of the top 100 best IT projects of the year.
 
 - On May 03, 2005 voluntarily furnished eXtensible Business Reporting
 Language (XBRL) data to the United States Securities and Exchange
 Commission (SEC) electronically in a 6-K exhibit.
 
 -Infosys Technologies and B-Source on June 29, 2005, announces
 partnership to provide `pay-as-you-transact' services, known as
 Business Service Provisioning, to European banks in the private and
 asset management sectors.
 
 -Infosys Technologies and Microsoft Corp unveiled the Catalytic IT
 concept centre at the Infosys campus in Bangalore on Nov 29.
 
 2006
 
 - Infosys & Microsoft Share Vision for Effective Enterprise
 Information Management
 
 - Infosys Implements PeopleSoft Enterprise Applications at Nissan
 North America
 
 -Infosys has given the Bonus in the Ratio of 1:1
 
 2007
 
 - Infosys to Open Development Center in Mexico, its First in Latin
 America
 
 - Infosys Receives the Highest Score in Strategy in Independent
 Research Firm's Report on the Applications Outsourcing Market
 
 2008
 
 -Infosys & Nihon Unisys sign MoU for Strategic Business Deployment &
 Joint Development for Sales & Solution Service
 
 - DSB Bank Partners with Finacle from Infosys for Core Banking-led
 Transformation
 
 - Infosys crosses revenues of US$ $ 4.18 billion 
  
 - Annual net profits cross US$ 1 billion 
 
 
 2009
 
 - Infosys Technologies has bagged a five-year outsourcing and support
 agreement from BP where Infosys will manage and operate a large
 portion of business systems for BP under the terms of the agreement.
 
 - The company has announced successful implementation its first IT
 enabled end-to-end business transformation program for Thermax.
 
 - Infosys opens its first development center in Brazil and second
 Latin American development center in Monterrey, Mexico 
 
 - Infosys selected as a member of The Global Dow 
 
 - Employee strength grows to over 100,000 
 
 2010
 
 - Infosys crosses the US$ 5 billion revenue mark 
 
 - Human resources consultancy Hay Group has named Infosys among the
 world's 20 best companies for leadership, obvious from its constant
 focus on employee development even during the global crisis.
 
 - Infosys launched its first rural Business Process Outsourcing (BPO)
 unit in Andhra Pradesh.
 
 - Infosys Launches Finacle Treasury-In-A-Box
 
 - Infosys became the India's 3rd private sector to get government
 protection by a special unit of 48 commandos of Central Industrial
 Security Force (CISF).
 
 - Infosys stated that it has inked an agreement with Microsoft in
 order to manage internal IT services of the company globally. 
 
 - Infosys BPO launches enhanced offering in sales support
 
 - Infosys celebrates 29 successful yrs by issuing  minimum allocation
 of equity shares to the employees who meet certain criteria.
 
 - Infosys Technologies has awarded a turnkey automatic meter reading
 contract worth Rs 32 crore to Easun Reyrolle Ltd (ERL).
 
 2011
 
 - Finacle from Infosys Wins Leaders in Innovation Award 2010
 
 - Infosys Technologies Expands Operations in Thiruvananthapuram;
 Inaugurates first Software Development Block (I) at Technopark Campus
 II (SEZ) with a Total Investment of Rs. 180 crore.
 
 - The IT giant, Infosys has completed its three big transformational
 deals, within a price range of  million and 0 million, which
 would be extended over the span of 4-5 years. Infosys is expecting
 that the transformational deals would reach around 15 by the end of
 the year.
 
 - KV Kamath appointed new chairman of Infosys, Shibulal new CEO.
 
 - India's software major, Infosys's Australia and New Zealand unit
 has acquired News Zealand & Gen-i as part of a partnership with the
 technology arm of Telecom Corp. of New Zealand to offer outsourcing
 services for their Australian clients.
 
 - The Company has received approval from the Registrar of Companies,
 Karnataka, Ministry of Corporate Affairs, Government of India to
 change the name of the Company from Infosys Technologies Ltd. to
 INFOSYS LTD with effect from June 16, 2011.
 
 - Infosys BPO Signs Definitive Agreement to Acquire Portland Group
 Pty Ltd in Australia.
 
 - N. R. Narayana Murthy hands over chairmanship to K V Kamath 
 - Infosys crosses US$ 6 billion revenue mark, employee strength grows
 to over 130,000 
 
 -Company has changed its name from Infosys Technologies Ltd. to
 Infosys Ltd.                                                         
      
                                                  
 2012
 - Listed on the NYSE market 
 - Infosys acquires Lodestone Holding AG, a leading management
 consultancy based in Switzerland 
 - Forbes ranks Infosys among the world's most innovative companies 
 - Infosys among top 25 performers in Caring for Climate Initiative 
 - Infosys crosses the US$ 7 billion revenue mark
 - Infosys announced leadership transition across Financial Services
 and Manufacturing.
 - InfosysTechnology - Bharti Airtel selects Infosys as its technology
 partner for 'airtel money'.
 - Infosys enters into partnership with GlaxoSmithKline to create
 nexgen Digital Marketing Platform
 - Infosys signed strategic partnership with Ratnakar Bank to provide
 Finacle platform
 - Infosys - Infosys Won 2012 IT Partner of the Year Award from Analog
 Devices
 - Infosys - Infosys Awarded Pegasystems Partner Excellence Award
 - Infosys signed MoU with The State of Israel for Industrial Research
 and Development.
 - Infosys - Finacle from Infosys Won 'Core Banking Technology
 Provider of the Year
 - Infosys - Infosys Commits to End Child Diarrheal Deaths in India
 - Infosys Signs Multi-Year Agreement for Business Transformation
 Project With Ministry of Corporate Affairs
 - Infosys - Infosys Launched “India In a Box” for Japanese Companies
 - Infosys -Worldwide Oracle Implementation Ecosystem named Infosys as
 Leader in IDC MarketScape
 - Infosys - Infosys BPO Wins 2012 Optimas Award for Managing Change
 - Infosys enters into partnership with United Kingdom's Anglian
 Water.
Source : Dion Global Solutions Limited
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