ABN Amro buys stake in Infosys

Another piece of news on Infosys!

London based ABN AMRO bank NV has picked up 0.02 per cent stake in India's IT major - Infosys Technologies (INFY) by acquiring 1.21 lakh shares of Infosys at a price of Rs 2,179.71 per share in a block deal on the Bomnbay Stock Exchange (BSE) from Merrill Lynch capital markets.

So, it looks like investors worldwide are more and more convinced that the outsourcing wave to India will only get stronger and players like Infosys, TCS and Wipro are good places to invest in!

What do you say guys? :-)







Tags: ABN Amro, Infosys, Bombay Stock Exchange, Merill Lynch, Infy, BSE, Outsourcing, India, TCS, Wipro, Business, Technology

Infosys amongst Nasdaq 100?

Infosys (INFY) amongst Nasdaq 100?

Yeah, very much possible according to this interesting story!

Leading Indian software firm Infosys Technologies could probably be rubbing shoulders with other corporate giants listed on the coveted Nasdaq 100 as a direct consequence of its secondary offering of 30 million American Depository Shares (ADS).

TCS and Wipro must be getting nervous now... nah? ;-)

The story further talks about Infosys CEO Nandan Nilekani, who has been named as ‘Businessman of the Year’ for 2006 by Forbes Asia for his contribution towards keeping Infosys ahead of global competition in the outsourcig arena.





Tags: Infosys, Infy, Outsourcing, India, TCS,Nasdaq,Forbes,Nandan Nilekani, Wipro, Business, Technology