Infosys

[5] Infosys has also attracted controversies due to allegations of visa and tax fraud in the United States and for creating malfunctioning government websites.

The IPO was initially undersubscribed but was "bailed out" by US investment bank Morgan Stanley, which acquired a 13% equity stake at the offer price.

[11] The ADR listing was later transferred from Nasdaq to NYSE Euronext to provide European investors with better access to the company's shares.

[13] In July 2010, then-British Prime Minister David Cameron visited Infosys headquarters in Bangalore and addressed the company's employees.

[20] Infosys announced the launch of Aster in June 2024, an AI-powered platform designed to improve marketing efficiency through the use of artificial intelligence.

[21] Infosys offers software development, maintenance, and independent validation services across industries such as finance, insurance, manufacturing, among others.

The promoter holdings further declined when Infosys became the first Indian-registered company to list Employee Stock Options Schemes and ADRs on NASDAQ on 11 March 1999.

The company's operations are spread across key regions, including India, the United States, Canada, China, Australia, Japan, the Middle East, and Europe.

[57] In the fiscal year 2023-2024, Infosys generated approximately 61% of its revenue from North America, 25% from Europe, 3% from India, and 11% from other regions, including the Middle East, Australia, and Japan.

[63] As the world's largest corporate university, the Infosys Global Education Centre, located on a 337-acre[64] campus, features 400 instructors and over 200 classrooms,[65] adhering to international benchmarks.

[66][67] The Infosys Leadership Institute (ILI), located in Mysore, features 196 rooms and trains approximately 4,000 trainees annually.

[71] Infosys appointed Salil Parekh as Chief Executive Officer (CEO) and Managing Director (MD), effective from 2 January 2018.

The allegations originated from an internal complaint by an American employee of Infosys, who subsequently filed a lawsuit against the company, claiming harassment and marginalization after raising the issue.

Although the lawsuit was dismissed,[79] along with another similar case,[80][81][82] these allegations were brought to the attention of U.S. authorities, leading to investigations by the U.S. Department of Homeland Security and a federal grand jury.

Despite a summons for Infosys CEO Salil Parekh, the issues remained unresolved for months, forcing an extension of the tax filing deadline.

Infosys, Bangalore
Main block in the Chennai campus
A building in Thiruvananthapuram campus
Glass building in Pune campus
The Development Centre on the Mysore campus