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| ISIN = {{ISIN|sl=n|pl=y|INE009A010321}} | | ISIN = {{ISIN|sl=n|pl=y|INE009A010321}} | ||
| industry = [[Information technology]]<br>[[Consulting]]<br>[[Outsourcing]] | | industry = [[Information technology]]<br>[[Consulting]]<br>[[Outsourcing]] | ||
| foundation = {{Start date and age|2 July 1981}} [[Pune]], India | | foundation = {{Start date and age|2 July 1981}} [[Pune]], [[India]] | ||
| founders = {{Unbulleted list|[[N. R. Narayana Murthy]]|[[Nandan Nilekani]]|[[ | | founders = {{Unbulleted list|[[N. R. Narayana Murthy]]|[[Nandan Nilekani]]|[[Kris Gopalakrishnan]]|[[S. D. Shibulal]]|[[K. Dinesh]]|[[N. S. Raghavan]]|Ashok Arora}} | ||
| hq_location_city = [[Bangalore]], Karnataka | | hq_location_city = [[Bangalore]], [[Karnataka]] | ||
| hq_location_country = India | | hq_location_country = [[India]] | ||
| area_served = Worldwide | | area_served = Worldwide | ||
| key_people = [[Nandan Nilekani]] ([[ | | key_people = [[Nandan Nilekani]] ([[Chairman]])<br>[[Salil Parekh]] ([[Managing Director|MD]] & [[Chief Executive Officer|CEO]])<ref>{{cite news|title=Infosys appoints Salil S. Parekh as CEO and Managing Director|newspaper=The Economic Times |url=https://economictimes.indiatimes.com/news/company/corporate-trends/infosys-appoints-salil-s-parekh-as-ceo-and-managing-director/articleshow/61892804.cms|access-date=2 December 2017|archive-url=https://web.archive.org/web/20171202161427/https://economictimes.indiatimes.com/news/company/corporate-trends/infosys-appoints-salil-s-parekh-as-ceo-and-managing-director/articleshow/61892804.cms|archive-date=2 December 2017|url-status=live}}</ref> | ||
<br> | <br> | ||
| services = | | services = | ||
| revenue = {{Increase}} {{INRConvert| | | revenue = {{Increase}} {{INRConvert|149468|c}}<ref name=pnl>{{cite web|title=Infosys Consolidated Profit & Loss account, Infosys Financial Statement & Accounts|url=https://www.infosys.com/investors/reports-filings/quarterly-results/2022-2023/q4/documents/consolidated/consol-fy23-q4-and-12m-finstatement.pdf|access-date=13 April 2023|website=www.infosys.com}}</ref> | ||
| revenue_year = | | revenue_year = 2023 | ||
| operating_income = {{Increase}} {{INRConvert| | | operating_income = {{Increase}} {{INRConvert|33322|c}}<ref name=pnl/> | ||
| income_year = | | income_year = 2023 | ||
| net_income = {{Increase}} {{INRConvert| | | net_income = {{Increase}} {{INRConvert|24108|c}}<ref name=pnl/> | ||
| net_income_year = | | net_income_year = 2023 | ||
| assets = {{Increase}} {{INRConvert| | | assets = {{Increase}} {{INRConvert|125816|c}}<ref name=pnl/> | ||
| assets_year = | | assets_year = 2023 | ||
| equity = {{Increase}} {{INRConvert| | | equity = {{Increase}} {{INRConvert|75795|c}}<ref name=pnl/> | ||
| equity_year = | | equity_year = 2023 | ||
| num_employees = | | num_employees = 3,36,294 (June 2023)<ref>{{cite web |title=Infosys headcount shrinks by 6,940 in Q1FY24, employee count declines for second consecutive quarter|url=https://www.moneycontrol.com/news/business/announcements/infosys-headcount-shrinks-by-6940-in-q1fy24-employee-count-declines-for-second-consecutive-quarter-10995731.html |access-date=21 July 2023}}</ref> | ||
| divisions = {{Unbulleted list|[[Infosys BPM]]|[[EdgeVerve Systems]]|[[Infosys Consulting]]}} | | divisions = {{Unbulleted list|[[Infosys BPM]]|[[EdgeVerve Systems]]|[[Infosys Consulting]]}} | ||
| footnotes = <ref name="xbrlus_1">{{cite web|url=https://www.infosys.com/investors/reports-filings/quarterly-results/2019-2020/q4/documents/ifrs-usd-earnings-release.pdf|title=Results for the Fourth Quarter and Year ended March 31, 2020|publisher=Infosys Ltd|access-date=13 April 2018|archive-url=https://web.archive.org/web/20190413041521/https://www.infosys.com/investors/reports-filings/quarterly-results/2018-2019/Q4/Documents/fact-sheet.pdf|archive-date=13 April 2019|url-status=live}}</ref> | | footnotes = <ref name="xbrlus_1">{{cite web|url=https://www.infosys.com/investors/reports-filings/quarterly-results/2019-2020/q4/documents/ifrs-usd-earnings-release.pdf|title=Results for the Fourth Quarter and Year ended March 31, 2020|publisher=Infosys Ltd|access-date=13 April 2018|archive-url=https://web.archive.org/web/20190413041521/https://www.infosys.com/investors/reports-filings/quarterly-results/2018-2019/Q4/Documents/fact-sheet.pdf|archive-date=13 April 2019|url-status=live}}</ref> | ||
| Line 38: | Line 38: | ||
}} | }} | ||
'''Infosys Limited''' is an [[India]]n [[Multinational corporation|multinational]] [[information technology]] company that provides [[business consulting]], [[information technology]] and [[outsourcing]] services. The company was founded in [[Pune]] and is headquartered in [[Bangalore]].<ref name=Infosys_Overview>{{cite web|title=Infosys Overview|url=https://www.infosys.com/about.html|publisher=Infosys|access-date=28 February 2021}}</ref> Infosys is the second-largest Indian IT company, after [[Tata Consultancy Services]], by 2020 revenue figures, and the 602nd largest public company in the world, according to the [[Forbes Global 2000]] ranking.<ref>{{cite magazine | title=Forbes 2020 Global 2000 | url=https://www.forbes.com/global2000/ | magazine=Forbes | access-date=28 February 2021}}</ref> | '''Infosys Limited''' is an [[India]]n [[Multinational corporation|multinational]] [[information technology]] company that provides [[business consulting]], [[information technology]] and [[outsourcing]] services. The company was founded in [[Pune]] and is headquartered in [[Bangalore]].<ref name=Infosys_Overview>{{cite web|title=Infosys Overview|url=https://www.infosys.com/about.html|publisher=Infosys|access-date=28 February 2021}}</ref> Infosys is the second-largest Indian [[Technology company|IT company]], after [[Tata Consultancy Services]], by 2020 revenue figures, and the 602nd largest [[public company]] in the world, according to the [[Forbes Global 2000]] ranking.<ref>{{cite magazine | title=Forbes 2020 Global 2000 | url=https://www.forbes.com/global2000/ | magazine=Forbes | access-date=28 February 2021}}</ref> | ||
On 24 August 2021, Infosys became the fourth Indian company to reach | On 24 August 2021, Infosys became the fourth Indian company to reach {{currency|100|USD}} [[billion]] in [[market capitalization]]. It is one of the top [[Big Tech (India)]] companies.<ref>{{Cite news|title=Infosys becomes 4th Indian company to touch $100 bn market cap|work=The Times of India|url=https://timesofindia.indiatimes.com/business/india-business/infosys-becomes-fourth-indian-firm-to-touch-100-billion-market-cap/articleshow/85612033.cms|access-date=2021-08-25}}</ref><ref>{{cite web|last=Salil|first=K.|date=2021-08-24|title=Infosys becomes fourth Indian company to reach market cap of $100 billion|url=https://thefederal.com/business/infosys-becomes-fourth-indian-company-to-reach-market-cap-of-100-billion/|access-date=2021-08-31|website=The Federal}}</ref> | ||
==History== | ==History== | ||
Infosys was founded by seven engineers in Pune, Maharashtra, [[India]]. Its initial capital was $ | Infosys was founded by seven engineers in [[Pune]], Maharashtra, [[India]]. Its initial capital was $150.<ref>{{cite web |url=http://www.rediff.com/business/slide-show/slide-show-1-tech-major-events-in-the-history-of-infosys/20130602.htm#1 |title=Major events in the history of Infosys |publisher=Rediff.com Business |access-date=7 October 2017 |archive-url=https://web.archive.org/web/20171007171414/http://www.rediff.com/business/slide-show/slide-show-1-tech-major-events-in-the-history-of-infosys/20130602.htm#1 |archive-date=7 October 2017 |url-status=live }}</ref> It was registered as Infosys Consultants Private Limited on 2 July 1981.<ref name="Company hyHistory of Infosys">{{cite web |url=http://www.moneycontrol.com/company-facts/infosys/history/IT#IT |title=Company History of Infosys |publisher=Moneycontrol.com |access-date=7 October 2017 |archive-url=https://web.archive.org/web/20171007171610/http://www.moneycontrol.com/company-facts/infosys/history/IT#IT |archive-date=7 October 2017 |url-status=live }}</ref> In 1983, it relocated to Bangalore, Karnataka. | ||
The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was renamed Infosys Limited in June 2011.<ref>{{cite web |url=http://www.infosys.com/about/Pages/history.aspx |title=About Infosys |publisher=Infosys |access-date=23 September 2013 |archive-url=https://web.archive.org/web/20130927071331/http://www.infosys.com/about/Pages/history.aspx |archive-date=27 September 2013 |url-status=live }}</ref> | The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was renamed Infosys Limited in June 2011.<ref>{{cite web |url=http://www.infosys.com/about/Pages/history.aspx |title=About Infosys |publisher=Infosys |access-date=23 September 2013 |archive-url=https://web.archive.org/web/20130927071331/http://www.infosys.com/about/Pages/history.aspx |archive-date=27 September 2013 |url-status=live }}</ref> | ||
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*Engineering Services<ref>{{cite web|url=https://www.infosys.com/services/engineering-services.html|title=Enhance Business Value With Digital Engineering Services {{!}} Infosys|website=www.infosys.com|access-date=21 April 2020}}</ref> | *Engineering Services<ref>{{cite web|url=https://www.infosys.com/services/engineering-services.html|title=Enhance Business Value With Digital Engineering Services {{!}} Infosys|website=www.infosys.com|access-date=21 April 2020}}</ref> | ||
*[[Digital marketing|Digital Marketing]]<ref>{{cite web|url=https://www.infosys.com/services/digital-marketing.html|title=Digital Marketing Services - Enhance Customer Relationship {{!}} Infosys|website=www.infosys.com|access-date=21 April 2020}}</ref> | *[[Digital marketing|Digital Marketing]]<ref>{{cite web|url=https://www.infosys.com/services/digital-marketing.html|title=Digital Marketing Services - Enhance Customer Relationship {{!}} Infosys|website=www.infosys.com|access-date=21 April 2020}}</ref> | ||
*Blockchain<ref>{{Cite web |title=Blockchain Services & Technology Offerings by Infosys |url=https://www.infosys.com/services/blockchain.html |access-date=2023-03-28 |website=www.infosys.com}}</ref> | |||
==Geographical presence== | ==Geographical presence== | ||
| Line 154: | Line 155: | ||
|Digital marketing, Experience, and Commerce agencies | |Digital marketing, Experience, and Commerce agencies | ||
|} | |} | ||
Infosys has successfully completed the acquisition of BASE life science, a leading technology and consulting firm in the life sciences industry, in Denmark, Europe. (dated 13 July 2022). | |||
==Listing and shareholding pattern== | ==Listing and shareholding pattern== | ||
| Line 251: | Line 255: | ||
=== Settlement of tax fraud in the US === | === Settlement of tax fraud in the US === | ||
In December 2019, the Attorney General of California, [[Xavier Becerra]] announced an $800,000 settlement against Infosys and its BPM (business process management) subsidiary. Close to 500 Infosys employees were working in the state on Infosys-sponsored B-1 visas instead of H-1B visas between 2006 and 2017, as per an official post available on the website of State of California.<ref>{{cite web|date=17 December 2019|title=Attorney General Becerra Announces $800,000 Settlement Against Infosys for Misclassification of Foreign Workers and Tax Fraud|url=https://oag.ca.gov/news/press-releases/attorney-general-becerra-announces-800000-settlement-against-infosys|access-date=23 October 2020|website=State of California - Department of Justice - Office of the Attorney General}}</ref><ref>{{Cite news | In December 2019, the Attorney General of California, [[Xavier Becerra]] announced an $800,000 settlement against Infosys and its BPM (business process management) subsidiary. Close to 500 Infosys employees were working in the state on Infosys-sponsored B-1 visas instead of H-1B visas between 2006 and 2017, as per an official post available on the website of State of California.<ref>{{cite web|date=17 December 2019|title=Attorney General Becerra Announces $800,000 Settlement Against Infosys for Misclassification of Foreign Workers and Tax Fraud|url=https://oag.ca.gov/news/press-releases/attorney-general-becerra-announces-800000-settlement-against-infosys|access-date=23 October 2020|website=State of California - Department of Justice - Office of the Attorney General}}</ref><ref>{{Cite news|date=18 December 2019|title=Infosys to settle visa violation case in California for $800,000|work=The Hindu|url=https://www.thehindu.com/news/international/infosys-to-settle-visa-violation-case-in-california-for-800000/article30335612.ece|access-date=23 October 2020|issn=0971-751X}}</ref> | ||
This misclassification resulted in Infosys avoiding California payroll taxes such as unemployment insurance, disability insurance, and employment training taxes.<ref>{{cite web|date=19 December 2019|first=Shilpa|last=Phadnis|title=Infosys news: Infosys pays California $800,000 to settle visa case|url=https://timesofindia.indiatimes.com/business/india-business/infosys-pays-california-8-lakh-to-settle-visa-case/articleshow/72878135.cms|access-date=23 October 2020|website=The Times of India}}</ref><ref>{{cite web|date=18 December 2019|title=Infosys News: Infosys to pay $800,000 to settle worker misclassification, tax fraud charges|url=https://timesofindia.indiatimes.com/business/india-business/infosys-to-pay-800000-to-settle-worker-misclassification-tax-fraud-charges/articleshow/72862110.cms|access-date=23 October 2020|website=The Times of India}}</ref> | This misclassification resulted in Infosys avoiding California payroll taxes such as unemployment insurance, disability insurance, and employment training taxes.<ref>{{cite web|date=19 December 2019|first=Shilpa|last=Phadnis|title=Infosys news: Infosys pays California $800,000 to settle visa case|url=https://timesofindia.indiatimes.com/business/india-business/infosys-pays-california-8-lakh-to-settle-visa-case/articleshow/72878135.cms|access-date=23 October 2020|website=The Times of India}}</ref><ref>{{cite web|date=18 December 2019|title=Infosys News: Infosys to pay $800,000 to settle worker misclassification, tax fraud charges|url=https://timesofindia.indiatimes.com/business/india-business/infosys-to-pay-800000-to-settle-worker-misclassification-tax-fraud-charges/articleshow/72862110.cms|access-date=23 October 2020|website=The Times of India}}</ref> | ||
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In October 2013, Infosys agreed to settle the civil suit with US authorities by paying US$34 million.<ref>{{cite news |url=http://articles.timesofindia.indiatimes.com/2013-10-31/software-services/43558764_1_b-1-visas-bangalore-based-infosys-infosys-statement |title=Infosys to pay $34m fine within 10 days. settlement not to affect future visas |date=31 October 2013 |access-date=2 November 2013 |archive-url=https://web.archive.org/web/20131103021546/http://articles.timesofindia.indiatimes.com/2013-10-31/software-services/43558764_1_b-1-visas-bangalore-based-infosys-infosys-statement |archive-date=3 November 2013 |newspaper=[[The Times of India]] |url-status=dead }}</ref> Infosys refused to admit guilt and stressed that it only agreed to pay the fine to avoid the nuisance of "prolonged litigation".<ref>{{cite news |url=http://www.firstpost.com/business/infosys-doesnt-admit-to-guilt-but-will-pay-34-mn-us-visa-fine-1203579.html |title=Infosys doesn't admit to guilt, but will pay $34 mn US visa fine |newspaper=First Post |date=31 October 2013 |access-date=2 November 2013 |archive-url=https://web.archive.org/web/20131109080659/http://www.firstpost.com/business/infosys-doesnt-admit-to-guilt-but-will-pay-34-mn-us-visa-fine-1203579.html |archive-date=9 November 2013 |url-status=live }}</ref> In its statement, the company said "As reflected in the settlement, Infosys denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse. Those claims are assertions that remain unproven".<ref>{{cite news |url=http://articles.timesofindia.indiatimes.com/2013-10-30/software-services/43526427_1_infosys-visa-programmes-immigration-abuse |title=Infosys settles visa fraud investigation, pays $34m |date=30 October 2013 |access-date=2 November 2013 |archive-url=https://web.archive.org/web/20131102080442/http://articles.timesofindia.indiatimes.com/2013-10-30/software-services/43526427_1_infosys-visa-programmes-immigration-abuse |archive-date=2 November 2013 |newspaper=[[The Times of India]] |url-status=dead }}</ref> | In October 2013, Infosys agreed to settle the civil suit with US authorities by paying US$34 million.<ref>{{cite news |url=http://articles.timesofindia.indiatimes.com/2013-10-31/software-services/43558764_1_b-1-visas-bangalore-based-infosys-infosys-statement |title=Infosys to pay $34m fine within 10 days. settlement not to affect future visas |date=31 October 2013 |access-date=2 November 2013 |archive-url=https://web.archive.org/web/20131103021546/http://articles.timesofindia.indiatimes.com/2013-10-31/software-services/43558764_1_b-1-visas-bangalore-based-infosys-infosys-statement |archive-date=3 November 2013 |newspaper=[[The Times of India]] |url-status=dead }}</ref> Infosys refused to admit guilt and stressed that it only agreed to pay the fine to avoid the nuisance of "prolonged litigation".<ref>{{cite news |url=http://www.firstpost.com/business/infosys-doesnt-admit-to-guilt-but-will-pay-34-mn-us-visa-fine-1203579.html |title=Infosys doesn't admit to guilt, but will pay $34 mn US visa fine |newspaper=First Post |date=31 October 2013 |access-date=2 November 2013 |archive-url=https://web.archive.org/web/20131109080659/http://www.firstpost.com/business/infosys-doesnt-admit-to-guilt-but-will-pay-34-mn-us-visa-fine-1203579.html |archive-date=9 November 2013 |url-status=live }}</ref> In its statement, the company said "As reflected in the settlement, Infosys denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse. Those claims are assertions that remain unproven".<ref>{{cite news |url=http://articles.timesofindia.indiatimes.com/2013-10-30/software-services/43526427_1_infosys-visa-programmes-immigration-abuse |title=Infosys settles visa fraud investigation, pays $34m |date=30 October 2013 |access-date=2 November 2013 |archive-url=https://web.archive.org/web/20131102080442/http://articles.timesofindia.indiatimes.com/2013-10-30/software-services/43526427_1_infosys-visa-programmes-immigration-abuse |archive-date=2 November 2013 |newspaper=[[The Times of India]] |url-status=dead }}</ref> | ||
===Malfunctioning income tax, GST and MCA portal=== | ===Malfunctioning income tax, GST and MCA portal=== | ||
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[[Chartered accountant]]s and [[Company secretary|Company]] secretaries raised issues with [[Ministry of Corporate Affairs|MCA]] portal on due dates. Many companies became liable for additional fees and fines due to non-compliance. This issue is turning opposite to [[Ease of doing business index|Ease of doing business]] initiatives of [[Government of India]].<ref>{{Cite web |date=2021-06-22 |title=Infosys earlier drew flak for MCA21, GSTN portal 'issues' |url=https://indianexpress.com/article/business/companies/infosys-earlier-drew-flak-for-mca21-gstn-portal-issues-7369755/ |access-date=2022-10-30 |website=The Indian Express |language=en}}</ref><ref>{{Cite web |title=MCA21 is down for a month after a handover of the management by TCS to Infosys. Why? |url=https://www.moneylife.in/article/mca21-is-down-for-a-month-after-a-handover-of-the-management-by-tcs-to-infosys-why/31305/pathbreakers.html |access-date=2022-10-30 |website=Moneylife NEWS & VIEWS |language=en}}</ref><ref>{{Cite news |last=Hebbar |first=Nistula |date=2021-09-03 |title=Panchajanya attacks Infosys on Income Tax portal glitches |language=en-IN |work=The Hindu |url=https://www.thehindu.com/news/national/panchajanya-attacks-infosys-on-portal-glitches/article36268157.ece |access-date=2022-10-30 |issn=0971-751X}}</ref> | [[Chartered accountant]]s and [[Company secretary|Company]] secretaries raised issues with [[Ministry of Corporate Affairs|MCA]] portal on due dates. Many companies became liable for additional fees and fines due to non-compliance. This issue is turning opposite to [[Ease of doing business index|Ease of doing business]] initiatives of [[Government of India]].<ref>{{Cite web |date=2021-06-22 |title=Infosys earlier drew flak for MCA21, GSTN portal 'issues' |url=https://indianexpress.com/article/business/companies/infosys-earlier-drew-flak-for-mca21-gstn-portal-issues-7369755/ |access-date=2022-10-30 |website=The Indian Express |language=en}}</ref><ref>{{Cite web |title=MCA21 is down for a month after a handover of the management by TCS to Infosys. Why? |url=https://www.moneylife.in/article/mca21-is-down-for-a-month-after-a-handover-of-the-management-by-tcs-to-infosys-why/31305/pathbreakers.html |access-date=2022-10-30 |website=Moneylife NEWS & VIEWS |language=en}}</ref><ref>{{Cite news |last=Hebbar |first=Nistula |date=2021-09-03 |title=Panchajanya attacks Infosys on Income Tax portal glitches |language=en-IN |work=The Hindu |url=https://www.thehindu.com/news/national/panchajanya-attacks-infosys-on-portal-glitches/article36268157.ece |access-date=2022-10-30 |issn=0971-751X}}</ref> | ||
[[Chartered accountant|CAs]] and [[Tax professional]]s raised concerns about the flawed [[Goods and Services Tax (India)|GST]] portal and their inability to rectify these issues.<ref>{{Cite web |date=2022-10-21 |title=Slow GST portal: September returns filing due date may be extended |url=https://www.zeebiz.com/india/news-slow-gst-portal-september-returns-filing-due-date-may-be-extended-204217 |access-date=2022-10-30 |website=Zee Business}}</ref><ref>{{Cite web |date=2022-08-24 |title=GST System Glitches: Delhi HC admits Petition by Sales Tax Bar Association, asks Response from Govt, Infosys, and Tech Mahindra |url=https://www.taxscan.in/gst-system-glitches-delhi-hc-admits-petition-by-sales-tax-bar-association-asks-response-from-govt-infosys-and-tech-mahindra/201543/ |access-date=2022-10-30 |website=www.taxscan.in/ |language=en-US}}</ref><ref>{{Cite web |title=GST at 5: Accountants still confront major issues in filing returns |url=https://www.moneycontrol.com/news/business/banks/gst-at-5-accountants-still-confront-major-issues-in-filing-returns-8742191.html |access-date=2022-10-30 |website=Moneycontrol |language=en}}</ref> | [[Chartered accountant|CAs]] and [[Tax professional]]s raised concerns about the flawed [[Goods and Services Tax (India)|GST]] portal and their inability to rectify these issues.<ref>{{Cite web |date=2022-10-21 |title=Slow GST portal: September returns filing due date may be extended |url=https://www.zeebiz.com/india/news-slow-gst-portal-september-returns-filing-due-date-may-be-extended-204217 |access-date=2022-10-30 |website=Zee Business}}</ref><ref>{{Cite web |date=2022-08-24 |title=GST System Glitches: Delhi HC admits Petition by Sales Tax Bar Association, asks Response from Govt, Infosys, and Tech Mahindra |url=https://www.taxscan.in/gst-system-glitches-delhi-hc-admits-petition-by-sales-tax-bar-association-asks-response-from-govt-infosys-and-tech-mahindra/201543/ |access-date=2022-10-30 |website=www.taxscan.in/ |language=en-US}}</ref><ref>{{Cite web |title=GST at 5: Accountants still confront major issues in filing returns |url=https://www.moneycontrol.com/news/business/banks/gst-at-5-accountants-still-confront-major-issues-in-filing-returns-8742191.html |access-date=2022-10-30 |website=Moneycontrol |date=27 June 2022 |language=en}}</ref> | ||
Government faced severe criticism from [[Chartered accountant|CAs]], [[Company secretary|CSs]] and other stakeholders for its continuous failure to take action against Infosys and alleged that public fund is being heavily mis-utilised.<ref>{{Cite web |date=2022-01-17 |title=Here's Why Your CA Is Tagging Sitharaman, Infosys On Twitter |url=https://www.outlookindia.com/business/here-s-why-your-upset-ca-is-frantically-tagging-nirmala-sitharaman-infosys-on-twitter-news-31918 |access-date=2022-10-30 |website=www.outlookindia.com/ |language=en}}</ref> | Government faced severe criticism from [[Chartered accountant|CAs]], [[Company secretary|CSs]] and other stakeholders for its continuous failure to take action against Infosys and alleged that public fund is being heavily mis-utilised.<ref>{{Cite web |date=2022-01-17 |title=Here's Why Your CA Is Tagging Sitharaman, Infosys On Twitter |url=https://www.outlookindia.com/business/here-s-why-your-upset-ca-is-frantically-tagging-nirmala-sitharaman-infosys-on-twitter-news-31918 |access-date=2022-10-30 |website=www.outlookindia.com/ |language=en}}</ref> | ||
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==External links== | ==External links== | ||
<!-- ATTENTION! Please do not add links without discussion and consensus on the talk page.--> | <!-- ATTENTION! Please do not add links without discussion and consensus on the talk page.--> | ||
* {{official}} | * {{official}} | ||
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{{Contract research organization}} | {{Contract research organization}} | ||
}} | }} | ||
{{Authority control}} | {{Authority control}} | ||