Infosys' Accounting Policies
| Case Code: FINA007 Case Length: 15 Pages Period: 2003 Pub Date: 2004 Teaching Note: Not Available |
Price: Rs.300 Organization: Infosys Industry: Information Technology Countries: India Themes: - |
Abstract Case Intro 1 Excerpts
"There is an increased interest in offshore outsourcing as global corporations realize its benefits. Business opportunities continue to grow. However, the pricing environment remains challenging."
- Nandan Nilekani, CEO, President and Managing Director, Infosys
"Increased efficiency and optimization of expenses have helped us maintain our margins despite the increase in salary cost."
- T.V. Mohandas Pai, CFO, Infosys
Introduction
Infosys Technologies (Infosys), one of India's best-known computer software companies, provided consulting and IT services to clients globally. With over 19,000 employees worldwide, Infosys was the second largest exporter of software from India, after Tata Consultancy Services (TCS). Based in Bangalore, India's "Silicon City", Infosys offered a range of customized software services including development, maintenance, reengineering, and consulting. The company had also set up several dedicated offshore software development centers for large clients. Infosys was widely considered to be one of India's most respected and admired companies. The company was well known for its excellent governance and financial reporting practices...
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