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Infosys to begin work on its first software development centre in West Bengal

09 Dec 2011 Evaluate

Infosys Technologies will begin construction work on its first software development centre in West Bengal, at Rajarhat, in three to six months as it got the possession of the land. Approximate investment in the first phase will be Rs 100 crore and it will create 5,000 jobs.

The company has recruited 35,000 professionals this fiscal, another 10,000 will be hired by the end of March, 2012. The present headcount of the company is 1.40 lakh.

The company’s net profit for the quarter under review rose by 11.03% at Rs 1822.00 crore as compared to Rs 1641.00 crore for the quarter ended September 30, 2010. Its total income has increased by 17.68% to Rs 7853.00 crore for the quarter under review from Rs 6673.00 crore for the similar quarter of the previous year.

Peers
Company Name CMP
TCS 2090.40
Infosys 1014.20
HCL Technologies 1256.10
Wipro 164.95
Tech Mahindra 1564.60
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