INFOSYSTECHNOLOGIES:

THEBESTAMONGINDIAN
CORPORATES

GROUP -

INFOSYS
Infosys Technologies Ltd. is one of the largest Information
Technology companies in India. It has International presence,
having 63 offices and development centres around the World
employing more than 1,22,000 people.

HISTORY AND SPECTACULAR

GROWTH OF INFOSYS

Major milestones in their 30-yearold journey

1981
Infosys is established by N. R. Narayana Murthy and six engineers in
Pune, India, with an initial capital of US$ 250
Signs up its first client, Data Basics Corporation, in New York

1983
Relocates corporate headquarters to Bangalore

1987
Opens first international office in Boston, US

1993
Infosys got listed on BSE on June 14, 1993

1999
Infosys was listed on NASDAQ

2000
Opened offices in France and Hong Kong, a global development center in
Canada and UK and three development centers in the US

2001
Offices opened in UAE and Argentina and a development centre in Japan

2002
Nandan M. Nilekani took over as CEO

2003
Subsidiaries established in China and Australia.

2004
Infosys Technologies became the first Indian listed software company to
have a net profit of Rs 1,000 crores or more.

2005
Won the Global Most Admired Knowledge Enterprises (MAKE) award.

2006
N. R. Narayana Murthy retired from the services of the company on
turning 60.

2007
Reported Q2 revenue of over USD 1 billion. Annual revenues crossed
USD 3 billion.

2008
Revenues crossed USD 4.18 billion

2009
Employee strength grew to over 1,00,000

2010
Infosys voted as the Best Managed Company in India by Finance Asia.

2011
N. R. Narayana Murthy hands over chairmanship to K.V.
Kamath
S.D. Shibulal, COO, takes over as the CEO and MD from Kris
Gopalakrishnan
Infosys crosses US$ 6 billion revenue mark, employee
strength grows to over 125,000
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

2015
Infosys acquired Noah Consulting LLC, a leading provider of advanced
information management consulting services for the oil and gas
industry.
Board decides to increase the dividend pay-out ratio to up to 50% of
post-tax profits
Infosys acquired Skava, a Leading Provider of Digital Experience
Solutions for the Retail Industry
Infosys acquired Panaya, Inc., a leading provider of automation
technology for large scale enterprise software management
Infosys announces USD 250 million Innovate in India Fund to support
Indian start-ups
2014
Dr. Vishal Sikka takes over as the CEO and MD from S.D. Shibulal
Revenue crosses 50,000 crore in rupee terms
Board decides to increase the dividend pay-out ratio to up to 40% of
post-tax profits
Cash and cash equivalents (including Available-for-sale financial assets
and certificates of deposit) cross 5 billion in dollar terms

2013
Infosys Board appoints N. R. Narayana Murthy as
Executive Chairman of the Board
Infosys begins trading on NYSE Euronext London and
Paris markets
Infosys Edge wins the NASSCOM Business Innovation
Award for 2013
Infosys presented with 2013 Environmental Tracking
Carbon Ranking Leader award

VISION
To be a globally respected corporation
that provides best of-breed business
solutions, leveraging technology,
delivered by best- in-class people

MISSION

To achieve our objectives in an environment offairness,

honesty and courtesy towards our clients, employees vendors
and society at large.

Its business activities are anchored in three pillars

ofcorporate behavior, Viz., Business Ethics, Corporate
Governance andCorporate SocialResponsibility.

MESSAGE
Powered by Intellect
Driven by values
Combination of world class quality and
ethical values.

talent, guided by

FACTORS THAT MAKES INFOSYS

SPECIAL
Highest performance standard
Long term shareholder value
Functioning rooted in strong ethical values
The

pillars -

Corporate Social Responsibility,

Corporate Governance and Business Ethics

CORPORATEGOVERNANCE
Corporate governance is a system of checks and
balances

between

investors

to

the

produce

board,
an

management

efficiently

and

functioning

corporation, ideally geared to produce long-term

value.

CORPORATE GOVERNANCE PHILOSOPHY

The philosophy of corporate governance of Infosys is based on the

following principles:
1.To satisfy the spirit of the law.
2. To have transparent and high degree of disclosurelevels.
3. To have distinction between personal conveniences and corporate
resources.
4. To have truthful external communication.
5. To comply with laws ofall countries in which the company operates.
6. It have simple and transparent corporate structure driven solely by
business needs.
7. In Infosys management is considered as the trusteeof the
shareholders capital and notthe owner.

UNIQUE
INFOSYS

PRACTICES

OF

Infosys has an active, well-informed and independent board, which is

necessary to ensure high standards of corporate governance in any
organization.
Infosys Technologies believe that the Board of Directors is at the core
of corporate governance practice and oversees how management serves
and protects thelong term interest ofall stakeholders.
In Infosys the majority of the, 8 out of15 are independent directors.
Infosys is committed to long-term shareholder value.

CSR INITIATIVES OF INFOSYS

At Infosys, the distribution of wealth is considered as important as
its legal and ethical creation. A strong sense of social responsibility is
therefore an integral part of its value system.
Infosys Foundationestablished in 1996, supports programs and
organizations devoted to the cause of the rural poor, the mentally
challenged, and the economically disadvantaged sections of the
society.
Community service through its Computers@Classrooms initiative
launched in January1999.
Infosys donated 2,567 computers to various institutions across India.

ENVIRONMENT
Infosys is engaging with global thought leaders and decisionmakers in debate and actionable programs to identify and drive
the

implementation

of

sustainable

ways

to

manage

the

consumption of energy and resources. The efforts begin right

athome, through project Ozone.
Social commitment in education: Infosys' Education & Research
group has the pride of anchoring the Infosys Extension Program
(IEP), which consists of the Infosys Fellowship Program, Rural
Reach program, Catch Them Young and Train the Trainer.

CHALLENGES
Huge decline in IT industry - Global economic slowdown
US Govt. against Outsourcing
Shrinking margins due to rising wage inflation
Foreign Exchange fluctuations
Competition from giants -Accenture, IBM

STRATEGIES USED BY INFOSYS

Diversify the revenue
Employee oriented
Using Modern technology
Cost reduction

THE PHANEESH-MURTHY CASE

The Phaneesh Murthy case in Dec. 2001, formerInfosys employee

Reka Maximovitch, a Bulgarian American national filed a complaint

against Mr. Phaneesh Murthy (head of U.S. Operations and member of
BOD)

alleging

verbal

sexual

harassment,

unwanted

advancements and unlawful terminationof employment.

sexual

 Infosys started an internal settlement and after initial

reluctance Phaneesh submitted himself for all the conditions
that company had set.
Infosys announced amicable dispute settlement on 11th May
2003 and Reka was paid $3 million as compensation.

 The company had paid $570,000 to Phaneesh Murthy as part ofthe

final settlement of his dues when he resigned in July 2003 as head of
Infosys' worldwide sales and marketing and from the company's board
of directors.
After this episode, Infosys put in place principles of work ethic sand a
whistle blower policy.
Infosys also started sexual harassment cell call ASHI (Anti Sexual
Harassment Initiative), to provide an environment free ofharassment
After this case there has been no allegations of any kind on the
company.

CONCLUDING OBSERVATIONS

Sound corporate structure and policy does not guarantee

avoidance of scandals like Phaneesh Murthys case.
Its the managers ethical standards which decide the level of
integrity

and

value

system

within

an

organization.

THANK YOU