INTRODUCTION

Infosys is a global leader in consulting, technology, and outsourcing and next-

generation services. It enable clients in more than 50 countries to outperform the

competition and stay ahead of the innovation curve. With US$9.02 bn in LTM Q2 FY16

revenues and 187,000+ employees, it helping enterprises renew themselves while also

creating new avenues to generate value. We provide enterprises with strategic insights

on what lies ahead. It help enterprises transform and thrive in a changing world through

strategic consulting, operational leadership, and the co-creation of breakthrough

solutions, including those in mobility, sustainability, big data, and cloud computing.

As a part of an endeavor of Infosys Foundation in support of Prime Minister Mr.

Narendra Modi’s “ Swacch Bharat Swacch Vidyalaya Abhiyan” [ Clean India Clean

School Campaign], has recently finished consutruction of 161 toilets in over 46 schools

in Khurda district of Odisha.

In 1981, seven engineers started Infosys Limited with just US$250. From the beginning,

the company was founded on the principle of building and implementing great ideas that

drive progress for clients and enhance lives through enterprise solutions. For over three

decades, it has been a company focused on bringing to life great ideas and enterprise

solutions that drive progress for our clients. 97.6 percent (as of September 30, 2015) of

our revenues come from existing clients.

Infosys has a growing global presence with more than 187,000+ employees. Globally,

we have 85 sales and marketing offices and 100 development centers as at March 31,

2015.

The major competitors of Infosys are:-

1. TATA Consultancy Services (TCS)2. Wipro3. HCL Tech4. Tech Mahindra

Current Challenges

1. Furloughs- Lesser number of working days and furloughs, especially in sectors like insurance and retail, could have an impact on Infosys performance in the second half of the ongoing fiscal, Infosys COO UB Pravin Rao has said.

The third quarter is traditionally weaker for IT firms as business is impacted by low volume growth amid Christmas and New Year holidays and furloughs in the US and Europe.

The US and Europe are key markets for the over $140 billion Indian outsourcing sector.

2. "Historically, for the industry the second half growth has been relatively lower compared with the first half... Q3 you typically have lower working days, furloughs... for us, Q4 has also been challenging in the last couple of years," he said.Rao added that this time, particularly in the October-December quarter, the company expects to see these factors in other sectors as well.

3. Employee Morale-A services company, Infosys employs in excess of 1.5 lakh employees, but it has been bogged down by high attrition despite two wage hikes in last one year. Attrition at Infosys rose to 18.7 per cent in the March quarter from 16.3 per cent in the December quarter. The company's attrition rate is currently higher than its biggest competitor TCS as well as third-ranked outsourcer Wipro.

Filling the leadership vacuum: Over the last 12 months, Infosys has lost several board members and some client-facing managers. The company's global sales head, head of US sales, BPO sales head, India head as well as one of the two presidents have quit Infosys over the last 12 months. "The top layer of executives are all but gone," said Ankita Somani, a research analyst at brokerage MSFL Research. Jigar Shah of Maybank says the appointment of Dr Sikka is a positive in the near term, but there are risks of further senior management exits.

HISTORY

Infosys was co-founded in 1981 by CEO Narayan Murthy, Nandan Nilekani, N. S.

Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora after they

resigned from Patni Computer Systems. The company was incorporated as "Infosys

Consultants Pvt Ltd." with a capital of  10,000 or₹  US$1,250 (about $3,254 in 2015) in

Model Colony, Pune as the registered office. It signed its first client, Data Basics

Corporation, in New York. In 1983, the company's corporate headquarters was

relocated from Pune to Bangalore.

The company changed its name to "Infosys Technologies Private Limited" in April 1992

and to "Infosys Technologies Limited" when it became a public limited company in June

1992. It was later renamed to "Infosys Limited" in June 2011.

In December 2002 Infosys transferred the listing of its American Depositary Shares

(ADS) from the NASDAQ to the NYSE.

The credit rating of the company is A- (given by Standard & Poor's on 13-Dec-2013).

In February 2015, Infosys announced it would acquire the US automation technology

company Panaya for around $200 million.

MANAGEMENT PROFILES-

EXECUTIVE MEMBERS OF THE BOARD-

CHIEF EXECUTIVE OFFICER- Dr. Vishal Sikka, He is featured among the top 50

CEOs in Glassdoor’s annual Employees’ Choice Awards for the Highest Rated CEOs in

2015.

Prior to joining Infosys, Dr. Sikka was a member of the Executive Board of SAP AG,

leading all products and technologies, and driving innovation globally. His experience

includes research in artificial intelligence, intelligent systems, programming languages

and models, and information management – at Stanford University, at Xerox Palo Alto

Labs, and as founder of two startup companies.

Dr. Sikka received his BS in Computer Science from Syracuse University. He holds a

Ph.D. in Computer Science from Stanford University, USA.

CHIEF OPERATING OFFICER- Pravin Rao, has over 28 years of experience. Since

joining Infosys in 1986, he has held a number of senior leadership roles such as Head

of Infrastructure Management Services, Delivery Head for Europe, and Head of Retail,

Consumer Packaged Goods, Logistics and Life Sciences. Pravin holds a degree in

electrical engineering from Bangalore University, India.

NON EXECUTIVE CHAIRMAN OF THE BOARD-

CHAIRMAN OF THE BOARD- R. Seshasayee

INDEPENDENT DIRECTORS-

1. Prof. John W. Etchemendy

2. Roopa Kudva

3. Jeffrey Sean Lehman

4. Kiran Mazumdar Shaw

5. Ravi Venkatesan

Products and Services-

It caters to market needs driven by global mega-trends, including digital consumers,

emerging economies, new commerce, and healthcare. Our offerings are built around

the latest technologies in cloud computing, mobility, big data, rich media, and social

media to provide guaranteed business outcomes. It provides software development,

maintenance and independent validation services to companies in banking, finance,

insurance, manufacturing and other domains.

One of its known products is Finacle which is a universal banking solution with various

modules for retail and corporate banking.

On 31 March 2015, Infosys had 950 clients across 50 countries.

Infosys has a global footprint with offices and development centers across the world.

In 2012, Infosys announced a new office in Milwaukee, Wisconsin to service Harley-

Davidson, being the 18th international office in the United States. Infosys hired 1,200

United States employees in 2011, and expanded the workforce by an additional 2,000

employees in 2012.