The foundation of Infosys was laid by borrowing Rs 10,000, today it is the country's second largest IT company - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

Breaking

Thursday, January 5, 2023

The foundation of Infosys was laid by borrowing Rs 10,000, today it is the country's second largest IT company

Infosys, which was started in Rs 10,000, has become a company worth more than Rs 1.32 lakh crore today. This beginning made with limited resources is today one of the most successful companies in the country.

Hard work is the only guarantee of success. This story of 7 friends is also a hallmark of hard work and success . Think how seven friends working in a company together lay the foundation of a company and after 40 years that company becomes the second largest IT company in the country. We are talking about Infosys . Very few people would know that Narayan Murthy, the main founder of this company, had taken a loan of Rs 10,000 from his wife Sudha Murthy to start Infosys.

was established in 1981

Infosys was established in 1981. At that time all these seven friends were working in a company named Patni Computer System located in Bangalore. He started Infosys as an IT service provider. Its founders are seven friends NR Narayana Murthy, Nandan Nilekani, NS Raghavan, SS Gopalakrishnan, Ashok Arora, K Dinesh and SD Shibulal. Later Patni Computer Systems was bought by iGate Corp and in 2011 it was acquired by Capgemini.

Company worth more than 1.32 lakh crores

Infosys, which was started in Rs 10,000, has become a company worth more than Rs 1.32 lakh crore today. This beginning made with limited resources is today one of the most successful companies in the country. Year by year the number of people working in it is also increasing. At present, about 3.14 lakh employees are working here.

Infosys reached such a top

Infosys also provides cyber security solutions along with cloud services. Apart from this, it is also the job of the company to provide services like Data Analytics and Artificial Intelligence. It also works in the field of development and management. The special thing is that it is the first Indian company to be listed on the American Stock Exchange. Infosys is number two in the country after TCS.

First company to offer ESOP to employees

Infosys has always been a company adopting innovation. The special thing is that this company is counted among those companies which are going to give ESOPs to the employees for the first time. Under ESOP, employees get a share in the company's stock. Apart from this, Infosys is also far ahead in terms of acquiring companies. In the last five years, the company has merged about 11 companies with itself. Overall, Infosys has acquired about 21 companies so far. In 2012, the biggest acquisition from the company was done as Lodestone Management Company.

No comments:

Post a Comment