Infosys Detailed director reports covering Infosys Financial Results and Performance report. Dear members, The Board of Directors hereby submits the report of the business and operations of your Company (''the Company'' or ''Infosys''), along with the audited. Security Name Identifier Classification Weighting Apple Inc. AAPL Technology Hardware, Storage & Peripherals 8.44% Intel Corporation INTC Semiconductors & Semiconductor Equipment 8.34% Microsoft Corporation MSFT Software 7.90% Cisco Systems, Inc. 1 CONSULTATIVE PAPER ON REVIEW OF CORPORATE GOVERNANCE NORMS IN INDIA 1. Concept of Corporate Governance 1.1. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more. Defense Patrols With U.S. The Philippine defense chief said that he suspended participation in. Demand for design engineers in auto sector As automotive industry heads for digital era, the demand for engineers with design skills remains high. These mistakes can ruin your chances at group discussio Group discussions are a popular format at workplaces. Realtime Rating Summary The adjacent table gives investors an individual Realtime Rating for QEMM on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. Archives Here, at your fingertips, are 30 years of issues and articles. Search by date or keyword. Subscribers may download whatever they wish. Activist monetary policy has laid low active investment management. Index funds and ETFs have supplanted the fine. Prior to introduction of dividend distribution tax (DDT), the dividends were taxable in the hands of the shareholder. The gross amount of dividend representing the distributable surplus was taxable, and the tax on this amount was paid by the shareholder at the. Form 12BA(in PDF): Form 12BA is required to be attached with form 16 if perks has been provided to the employees,stating detail and value of the perquisites provided to the employee As per the new Form 16, the value of perquisites is to be as per Form 12BB. The consolidated performance of the Company and its subsidiaries. Based on an enterprise valuation done by an. Rs, 3,2. 22 crore and Rs, 1. Finale and Edge Services. Net assets amounting to Rs, 3. Rs, 3. 37 crore) have been transferred and accordingly. Rs, 3,0. 36 crore has been recorded as an exceptional item. Net assets. amounting to Rs, 9 crore have also been transferred and accordingly a. Rs, 4. 12 crore has been recorded as an exceptional item. The. reserve should be utilized by the Company for acquiring new plant and. Section. 1. 0AA(2) of the Income- tax Act, 1. To the extent it does not exceed one. Company through. difficult times, to prevent unemployment or to mitigate its. For the bonus issue, a bonus share of one. American Depositary Share (ADS) for every ADS held, respectively, has. Consequently, the ratio of equity shares underlying the. ADSs held by an American Depositary Receipt holder remains unchanged. Out of the total revenue, 6. North America, 2. Europe, 2. 4% from India and 9. Rest of the World. On a standalone basis, our share of. North America has. Out of the total revenue. North America, 2. Europe, 2. 6% from India, and. Rest of the World. On a consolidated basis, our share of. North America decreased to. Sales and marketing costs were 5. March 3. 1, 2. 01. March 3. 1, 2. 01. General and administration expenses were 6. The operating profit before depreciation amounted to Rs. Rs, 1. 3,9. 62 crore (2. The profit before exceptional item and. Rs, 1. 7,6. 57 crore (3. Rs, 1. 6,3. 86 crore. Net profit was Rs, 1. Rs, 1. 2,1. 64 crore (2. Sales and marketing costs were 5. March 3. 1, 2. 01. March 3. 1, 2. 01. The operating profit before. Rs, 1. 7,1. 20 crore (2. Rs, 1. 4,8. 71 crore (2. Net profit was Rs, 1. Rs, 1. 2,3. 72 crore (2. This comprised Rs. Rs, 3 crore on vehicles. Rs, 1,8. 43 crore on infrastructure. During the current year, Rs, 1,1. Rs, 6 crore on vehicles, and the balance. Rs, 1,2. 68 crore on infrastructure. We understand that liquidity in the Balance Sheet. Liquidity enables us to make a rapid. We believe that our. As on. March 3. 1, 2. Rs, 3. 0,7. 11. crore, as against Rs, 2. On a. consolidated basis, we had liquid assets of Rs, 3. Rs, 3. 2,5. 43 crore at the previous year- end. The details of the tax- free bonds and government. Annual Report. Further, the Board, in its meeting. April 1. 5, 2. 01. Rs, 1. 4. 2. 5 per. March 3. 1, 2. 01. The total dividend. Rs, 5,5. 70. crore, as against Rs, 5,1. Dividend. (including dividend tax) as a percentage of consolidated net profit. An amount of Rs, 4. Lehman, as an Independent Director. Appointment of Dr. Punita Kumar- Sinha, as an Independent Director. Re- appointment of Dr. Vishal Sikka, Chief Executive Officer and. Managing Director, on the following terms and conditions . Base pay : An annual base salary of US ,0. Company''s normal practices and subject to. Variable pay : Annual performance- based variable pay at a target. US ,0. 00,0. 00 less applicable tax and subject to the Company''s. Board as. described in the postal ballot. Stock compensation : Eligible to receive an annual grant of 1) US. RSUs which vest over time (''time- based. RSUs''), subject to continued service, and 2) US ,0. Employee benefits and paid vacation as applicable to other whole- time. Company. – Minimum and maximum remuneration : Should Dr. Sikka fail to achieve. US ,0. 00,0. 00 annually, consisting of US ,0. US ,0. 00,0. 00 of time- based RSUs. Sikka''s performance targets. In order to do this, we will apply. We expand. existing client relationships by providing them with a broad set of. Our specific industry, domain, process. Through our. transformation service offering, which we call ''Aikido'', we help our. Our ''Ai'' offering, a. With our ''Do'' offering, which incorporates Design. Thinking concepts, we help clients identify and prioritize their most. We offer an end- to- end suite of high- quality, highly- responsive. IT services. software platform- based services and business process management. This. enables us to partner with our clients on large, multi- year. Zero Distance is the process of. Infosys whereby all employees are expected to. Zero Distance has a three- fold emphasis : to reduce the gap. We will position our brand as. We are embracing artificial. We are leveraging. The model enables us. We continually evaluate critical cross- functional. We. constantly monitor and optimize various operational parameters such as. This program allows us. To meet the. evolving needs of our clients, our priority is to attract and engage. We offer. our employees challenging work assignments, benchmarked compensation. Our performance. management system is objective and rewards performance. We invest. substantially in employee engagement to motivate employees and. Our core values are Client value, Leadership by example. Integrity and transparency, Fairness and Excellence (C- LIFE). We partner with leading. We have. also expanded the scope of our collaborations to encompass universities. We derived 9. 7. 1% of our consolidated revenues from repeat. We, along with our subsidiaries, added 3. The client. segmentation for the current and previous years on a consolidated basis. Clients 2. Infrastructure. We added 1. The total available space as on March 3. The number of marketing offices as on March 3. At the beginning of the year. As on March 3. 1, 2. In accordance with Section 1. Companies Act, 2. Company, which forms part of this Annual Report. The statement also provides the details of. These. documents will also be available for inspection during business hours. Bangalore, India. Post the requisite approval. June 4, 2. 01. 5, a Business. Transfer Agreement and other related documents were executed with. Edge. Verve to transfer the business with effect from August 1, 2. The. Company has undertaken an enterprise valuation by an independent valuer. Rs, 3,2. 22 crore and Rs, 1. Finacle and Edge Services. The consideration was settled through the issue of. Rs, 8. 50 crore and 2. Rs, 2,5. 49 crore in. Edge. Verve, post the requisite approval from shareholders on December. The transfer of assets and liabilities was accounted for at. The business acquisition was conducted by entering into a. US million. (approximately Rs, 2. US. million (approximately Rs, 3. US million (approximately Rs, 2. Noah. at each anniversary following the acquisition date over the next three. Group at each. anniversary. The payment of contingent consideration to the sellers of. Noah was dependent upon the achievement of certain financial targets by. Noah for the years ended December 3. December 3. 1, 2. Our products help businesses develop deeper connections with. We power our clients'' growth in rapidly- evolving areas. Our solutions are. Edge suite and Finacle. Our platforms leverage open. IIP is based on an assembly of tested open. IAP helps ensure business outcomes by. IT systems including business processes, applications and. Big Data technologies. IAP automates repetitive tasks in IT. The Panaya. Cloud. Quality. Powered by Big Data. Panaya Cloud Quality. It is constantly improving and finding smarter. Skava enables digital. Through this program, over 2. Open source technologies; 1. Big. Data and Dev. Ops, have been setup; new and. Over 1. 00 key contributors have been contributing to. Spark, Selenium, Jenkins etc. Infosys'' POV on Open Source. Documents/. OSSmosis- open- source- journey. While sustaining existing. We have received an. ISAE 3. 40. 2 /. SSAE1. PCIDSS V 3. 0 for Infosys. BPO Limited. We also get assessed at CMMi Level 5. The data that is collected is analyzed around satisfaction. It. positions Infosys as the next- generation services company that would. Brand Infosys is being built around the premise that. The way Infosys connects with its. Zero Distance – describing its approach to operating at the. We participate in premier. We also organize. The major ones among them are listed as. Business and management. We won the ''Corporate Citizen of the Year Award'' at the Economic. Times Award 2. 01. In the Asia- Pacific region category, we were featured among the. Best Shareholder Letter''. Over the last year, on a standalone basis, we received. With this in mind, we. HR practice this year. Zero Distance, a movement to bring. Infosys, facilitated by a five- point. From LITMUS, we identified a number of. Rewards and. recognition in terms of the annual awards for excellence, quarterly. We. moved away from the bell curve, to focus on individual employee. Our global policy assures discretion and. We follow a gender- neutral. During this fiscal, we also launched Compass, a digital. Competency. development continues to be a key area of strategic focus for us. Many of our employees also took external. The total. number of participants benefiting from the Design Thinking training. March 3. 1, 2. 01. During fiscal 2. 01. With. this, the total number of beneficiaries covered has reached 1. The primary purpose of the institute. ILI employs a wide range. Senior leaders from. Infosys and its subsidiaries are the beneficiaries of ILI''s. The details of. employees posted outside India can be made available on request. The 2. 01. 5 plan is in compliance with. SEBI (Share Based Employee Benefits) Regulations, 2. The purpose. of the 2. Plan is to . - Attract, retain and motivate talented and critical employees. Encourage employees to align individual performance with Company. Reward employee performance with ownership. Subject to applicable law and conditions for exercise. American. Depositary Receipts (ADRs) or cash on exercise of the Stock Incentives. The 2. 01. 5 Plan shall be administered by the. Board constituted by the. Company pursuant to the provisions of Section 1. Companies Act. 2. Administrator''). The Administrator''s decisions. Plan. Each Stock. Incentive shall be evidenced by an award agreement that will specify. Administrator will determine. Company, ADRs of the Company or cash on exercise of the Stock. Incentives. The Management has recommended to the Board. Plan, amounting to approximately 2,4. This 1% pool includes 1,1. Company that are currently held in trust towards the 2.
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