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The company changed its name to Infosys Technologies Private Limited in April 1992 and became Infosys Technologies Limited when it became a public limited company in June 1992. [10] In February 1993, Infosys launched its initial public offering (IPO) with an offer price of ₹ 95 per share, compared to a book value of ₹ 20 per share.
An issue of bonus shares is referred to as a bonus share issue. A bonus issue is usually based upon the number of shares that shareholders already own. [2] (For example, the bonus issue may be "n shares for each x shares held"; but with fractions of a share not permitted.) While the issue of bonus shares increases the total number of shares ...
President Ilham Aliyev and his family were involved in offshore dealings according to the leaked documents. The Panama Papers allegedly revealed that the Aliyev family had secret offshore companies used for various financial transactions, including the ownership of luxury properties and involvement in lucrative business deals. [66] [67] [68] [69]
India's second-largest software services exporter Infosys said it signed a $1.5 billion contract for a 15-year period with a "global company". Under the deal, Infosys will provide enhanced digital ...
The International Consortium of Investigative Journalists stated in their politicians database, as a disclaimer, "There are legitimate uses for offshore companies and trusts. We do not intend to suggest or imply that any people, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted ...
Murthy was the CEO of Infosys for 21 years from 1981 to 2002 [29] and was succeeded by co-founder Nandan Nilekani. [31] At Infosys he articulated, designed and implemented a global delivery model for IT services outsourcing from India. [32] He was the chairman of the board from 2002 to 2006, after which he also became the chief mentor.
Offshore private banking is usually more accessible to those with higher incomes, because of the costs of establishing and maintaining offshore accounts. However, simple savings accounts can be opened by anyone and maintained with scale fees equivalent to their onshore counterparts.
Dolphin Drilling Holdings Limited is an offshore drilling rig company headquartered in Aberdeen, Scotland, United Kingdom with its main subsidiary Dolphin Drilling AS located in Sandnes, Norway. Until 2019, Dolphin Drilling had its headquarters in Oslo, Norway. The company offers services for the offshore industry within offshore drilling.