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Infosys to transfer PPS business into separate subsidiary: Report

26 Feb 2014 Evaluate

Infosys, a global leader in consulting, technology and outsourcing solutions, is reportedly planning to transfer its products, platforms and solutions (PPS) business into a separate subsidiary at the beginning of the next fiscal. The new division, called Edge Works, will have a three-tier structure, one focusing on understanding market needs, another on product development and a third on implementation at client sites. The PPS division accounts for about 5.5% of Infosys' over $8 billion revenue.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition

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Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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