Which among the following has recently become the first Indian organisation to be listed on NYSE Euronext London and Paris markets?
Which among the following has recently become the first Indian organisation to be listed on NYSE Euronext London and Paris markets?
[A]HCL Technologies
[B]Reliance
[C]Infosys
[D]State Bank of India (SBI)
Infosys
Software services major Infosys became the first Indian company to be listed on NYSE Euronext London and Paris markets. Bangalore-based Infosys was founded in 1981 by seven people and today has revenues of over $7 billion and employs more than 1.55 lakh people. The globalisation of the Indian technology sector was pioneered by Infosys that now represents 24 per cent of Indian exports and 13 per cent of BSE benchmark index Sensex. The Euronext listings are intended to attract investors based outside of India and the US, particularly in Europe, to provide greater access to Infosys’ ADS among European fund managers.