Build your professional network on facebook via our app Go to app
 
<< Prev  20 of 30 in Topic  Next >>
Topic : How to Start a Successful Startup?
  Rate : 
By : Veena Gupta, Analyst, Blackstone Group
Activity:  4 comments  929 views  last activity : 06 29 2012 03:35:15 +0000
Share
 
 
 

Infosys Technologies is one of the few Indian companies that has changed the way the world looks at India. No longer is India a land of snake charmers and beggars. It is now perceived as an economic giant to reckon with, bursting with brilliant software engineers and ambitious entrepreneurs. And Infosys is an symbol of India's information technology glory.
The idea of Infosys was born on a morning in January 1981. That fateful day, N R Narayana Murthy and six software engineers sat in his apartment debating how they could create a company to write software codes.Six months later, Infosys was registered as a private limited company on July 2, 1981. Infosys co-founder N S Raghavan's house in Matunga, northcentral Mumbai, was its registered office. It was then known as Infosys Consultants Pvt Ltd.The starting capital was jus US $250. Murthy borrowed $250 from his wife Sudha to start the company. The front room of Murthy's home was Infosys' first office, although the registered office was Raghavan's home.The other founders apart from N R Narayana Murthy were Nandan Nilekani, N S Raghavan, S Gopalakrishnan, S D Shibulal, K Dinesh and Ashok Arora.
Today, Infosys is India's second largest software exporter. It now enjoys a strong liquidity position with over Rs 6,000 crore (Rs 60 billion) in assets, including surplus cash.
During 2005-2006, the Infosys internal cash accruals more adequately covered working capital requirements, capital expenditure and dividend payments leaving a surplus of Rs 1,612 crore (Rs 16.12 billion).

For a company that started so small Infosys is huge today and recognized the world over, it always pays to dream big, with enough struggle and hardwork even the impossible can be made possible.

 Top Comment : Vinaya Kumar   | 08 28 2009 14:32:45 +0000
Nice information Veena, really very inspiring......We all should learn from Narayan Murty. He really is a idol for today's new generation....Thanks for sharing...
 
TrackBack URL:
4 comments on "The Infosys story"
  Commented by  Business Management Consultant, Business Management Consultant, Strategic Planner & Strategic Management Specialist    | 06 29 2012 03:35:15 +0000
Very interesting to know. Sometimes great things start in small places.
  Commented by  Padmanabhan R, Finance student    | 08 28 2009 17:41:36 +0000
Thanks for sharing madam, narayana murthy is one of the best finance managers India could ever produce.
  Commented by  Vinaya Kumar, Asst. Manager/Manager -(NonTechnical), Genpact    | 08 28 2009 14:32:45 +0000
Rating : +1 
Nice information Veena, really very inspiring......We all should learn from Narayan Murty. He really is a idol for today's new generation....Thanks for sharing...
  Commented by  Umesh Jain, Asst. Manager/Manager -(NonTechnical), IBM-Daksh    | 08 28 2009 14:27:40 +0000
Nice information Veena, really very inspiring......We all should learn from Narayan Murty. He really is a idol for today's new generation....Thanks for sharing...
Add your comment on "The Infosys story"

Rate:
Submit
A executive search and recruitment firm
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
Infosys and TCS are among the top 100 global outsourcing companies and these two leading Indian...
 
2 referals 61 arguments, 19772 views
He's ballooned across the Atlantic, floated down the Thames with the Sex Pistols , and been...
0 referals 13 comments, 541 views
I came through an interesting case study of Facebook.com, the famous online social networking...
 
1 referals 23 comments, 1806 views
more...  
Recent Knowledge (11)
A 28 year old, Divya Narendra, son of an Indian immigrant doctor couple in the U.S., has moved...
 
192 referals 24 comments, 5526 views
Facebook will have market value of $234 billion by 2015, up from its current valuation of $85...
 
872 referals 22 comments, 490 views
Guys, I got this information on A.I sharing with you....hope it will be useful....
 
1866 referals 17 comments, 772 views
more...  
More From Author
Twigmore is a new app on facebook, a start up which focuses on Travel and friends, i.e., it will recommend traveling to the destinations your friends and their friends have traveled. This is because they bellieve that while most of the travel...
I second MR.Saket jain here. There is no monopoly in any field if we take the global prospective.
Budding business owners should go virtual wherever and whenever possible. In a fledgling startup, the last thing you need to worry about is excessive infrastructure or expensive overhead. It’s already a difficult enough task to generate income...
more...