Infosys was founded by seven engineers in Pune, Maharashtra, India with
an initial capital of $250 in 1981. It was registered as Infosys
Consultants Private Limited on 2 July 1981 In 1983, it relocated its
office to Bangalore, Karnataka, India.
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.
An initial public offering (IPO)
was floated in February 1993 with an offer price of ₹95 (equivalent
to ₹550 or US$7.80 in 2019) per share against a book value of ₹20 (equivalent to ₹120 or US$1.60 in 2019) per
share. The IPO was undersubscribed but it was "bailed out" by
US investment bank Morgan Stanley, which picked up a 13% equity stake at
the offer price. Its shares were listed in June 1993 with trading opening
at ₹145 (equivalent to ₹850 or US$12
in 2019) per share.
Its shares were listed on
the Nasdaq stock exchange in 1999 as American depositary
receipts. The share price surged to ₹8,100 (equivalent
to ₹28,000 or US$390 in 2019) by 1999 making it the costliest share on the
market at the time. At that time, Infosys was among the 20 biggest companies by
market capitalization on the NASDAQ The ADR listing was shifted from
NASDAQ to NYSE Euronext to give European investors better access to the
company's shares
VACANCY DETAILS :-
QUALIFICATION – CA
EXPERIENCE – 0-4 Years
LOCATION - BANGALORE
INDUSTRY – INFORMATION &
TECHNOLOGY
JOB DESCRIPTION
·
Financial review of overseas operations and subsidiaries
·
Handling audit queries and corporate tax issues
·
Review of monthly performance
·
Preparation of Budgets/Planning
·
Review of systems
·
Cost Control and MIS Reporting
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