Financial Daily from THE HINDU group of publications Friday, Mar 12, 2004 |
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Info-Tech
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Software Infosys is 5 on Nasdaq Our Bureau
BANGALORE: Infosys Technologies Ltd, on Thursday became the first Indian-registered company to complete five years as publicly traded company on Nasdaq. To mark the fifth listing anniversary Infosys' Chief Operating Officer, Mr S.Gopalakrishnan, opened the Nasdaq Stock Market, said a company statement. Infosys has grown rapidly to an employee base of 21,000-plus professionals representing 33 nationalities in more than 30 offices across the world. From $121 million in 1999, Infosys will end this fiscal touching the billion-dollar mark. Infosys today has a market capitalisation of more than $12 billion, an increase of $9 billion from $3 billion at the time of listing on Nasdaq in 1999, the release said.
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