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What was the initial capital of Infosys?
March 15, 2004 11:58 IST
Infosys Technologies
What was the initial capital of Infosys? Take the rediff business quiz and see how much you know about Indian IT major Infosys Technologies.
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1. What was the initial capital of Infosys? a) Rs 10,000 b) Rs 50,000 c) Rs 100,000
Wrong! Try again..
Wrong! The correct answer is Rs 10,000. Infosys was founded on July 2, 1981 with a capital of Rs 10,000. The six founders -- N R Narayana Murthy, Nandan Nilekani, N S Raghavan, S Gopalakrishnan, S D Shibulal and K Dinesh -- earlier worked together at Patni Computers Systems.
Correct! Infosys was founded on July 2, 1981 with a capital of Rs 10,000. The six founders -- N R Narayana Murthy, Nandan Nilekani, N S Raghavan, S Gopalakrishnan, S D Shibulal and K Dinesh -- earlier worked together at Patni Computers Systems.
2. Which investment banker picked up a 13% stake in Infosys during its IPO? a) Goldman Sachs b) Merrill Lynch c) Morgan Stanley
Wrong! Try again..
Wrong! The correct answer is Morgan Stanley. In 1993, the United States-based investment banker Morgan Stanley took around 13 per cent of the company's shares for Rs 95 per share.
Correct! In 1993, the United States-based investment banker Morgan Stanley took around 13 per cent of the company's shares for Rs 95 per share.
3. What is the name of Infosys' BPO unit? a) Spectramind b) Progeon c) 24/7 Customer
Wrong! Try again..
Wrong! The correct answer is Progeon. Infosys started its business process outsourcing/ITeS subsidiary Progeon in 2003.
Correct! Infosys started its business process outsourcing/ITeS subsidiary Progeon in 2003.
4. When did Infosys list its shares in the US market? a) 1997 b) 1998 c) 1999
Wrong! Try again..
Wrong! The correct answer is 1999. Infosys became the first Indian company to be listed on the NASDAQ in March 1999. It raised $70 million through its issue of American depository shares.
Correct! Infosys became the first Indian company to be listed on the NASDAQ in March 1999. It raised $70 million through its issue of American depository shares.
5. On how many stock exchanges is Infosys listed in India? a) 2 b) 3 c) 4
Wrong! Try again..
Wrong! The correct answer is 3. Infosys is listed on the National Stock Exchange, the Bombay Stock Exchange and the Bangalore Stock Exchange.
Correct! Infosys is listed on the National Stock Exchange, the Bombay Stock Exchange and the Bangalore Stock Exchange.