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When trading began in June 1993, the share price opened at ₹ 145 per share. [12] Infosys shares were listed on the Nasdaq stock exchange in 1999 as American depositary receipts (ADRs), making it the first Indian company to be listed on Nasdaq. [citation needed] The share price rose to ₹ 8,100 by 1999, making it the most expensive share on ...
The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 million.
(Reuters) - Indian shares posted their fourth consecutive weekly gain on Friday, as Infosys Ltd and Tata Consultancy Services Ltd marked fresh record peaks, while pharmaceutical stocks such as Dr ...
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.
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.
In 2006, Infosys bought out Citibank's share at a price of ₹592 per share, Citibank having invested at ₹0.20 per share. [4] It opened its first international office in Brno, Czech Republic in 2004 to support its European clients. In 2006, its employee strength reached 10,000 and its name was changed from Progeon Limited to Infosys BPO Limited.