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[5] In 2019, Infosys BPM formed a joint venture with Hitachi, Panasonic and Pasona. Infosys took an 81% stake in the new company, HIPUS Co. Ltd, which was aimed at providing digital procurement platforms for the Japanese market. [3] As of March 2021, Infosys BPM had 46,130 employees, most of which were based in India.
In 2021, TCS underwent a millennial rebranding, and the company updated its tagline from "Experience Certainty" to "Building on Belief". [51] In 2021, Tata Consultancy Services was also one of the largest job providers in India, hiring 43,000 new employees in the first half of the fiscal year 2021–22. [52]
Infosys Limited is an Indian multinational technology company that offers business consulting, information technology, and outsourcing services. Founded in 1981, the company is headquartered in Bengaluru. [5] On 24 August 2021, Infosys became the fourth Indian company to achieve a market capitalization of US$100 billion.
Nandan Mohanrao Nilekani is an Indian entrepreneur. He co-founded Infosys and is the non-executive chairman of Infosys [3] replacing R Seshasayee and Ravi Venkatesan, who were the co-chairs of the board, on 24 August 2017.
As of 2020, The IT sector employs more than 200,000 people directly. Total export from IT sector was estimated at ₹25,918 crore in 2021–22. [83] In 2022, Kolkata generated 20,000 direct jobs in just 6 months, which is an all-time high for IT industry in East India. [84]
In 2015, Infosys merged Finacle with its software products subsidiary EdgeVerve Systems. [12] [13] Under EdgeVerve Systems, Finacle became a cloud-based platform, and included customer relationship management and payments offerings. [1] In 2017, Finacle released Trade Connect, a blockchain-based trade finance application for banks. [14] [15]
One board member of Infosys received two anonymous whistleblower complaints of unethical practices at Infosys that also accused Salil Parekh. Audit Committee of the Board of Directors conducted independent investigation into the allegations contained in the anonymous whistleblower complaints and determined that the allegations are substantially without merit.
The Infosys Prize is an annual award granted to scientists, researchers, engineers and social scientists of Indian origin (not necessarily born in India) [1] by the Infosys Science Foundation and ranks among the highest monetary awards for research in India.