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Infosys shares b?day cake with staff

The company on its 25th b'day invites employees to share the wealth they have created, writes BR Srikanth.

india Updated: Jul 31, 2006 10:45 IST

They worked to build India's biggest IT brand and on its 25th birthday, they were invited to share the wealth they created. Founder-Chairman and Chief Mentor of Infosys Technologies Ltd NR Narayana Murthy on Sunday announced a prize of Rs 126 crores to be shared by 55,000-odd Infoscions.

The year-long silver jubilee bash started off at the futuristic campus at Infosys' Global Education Centre --- the perfect backdrop for the celebrations. The facility, complete with a software development centre and accommodation for 6, 400 software professionals, bowled over none other than Union Finance Minister P Chidambaram. "Standing here, it is difficult to believe that we are in India, that we are not in the capital city of a state but in a city with a great history and even greater future. This could be in Silicon Valley in California. This could be Stuttgart, this could be any town in Australia, but we are proud that this is India, we are proud that the makers of this dream are here with us (Narayana Murthy and his team)," Chidambaram gushed.

Starting on Sunday, the company that writes software for such firms as Goldman Sachs and JC Penny will celebrate its 25th anniversary at all software development centres across the world.

Among other events, the celebrations will include remotely ringing Monday's bell to open trading on the Nasdaq stock exchange in New York-- the first time an Indian company will do so.

The company has totted up many firsts for the country. It was India's first global company, with more than 90 percent of its US $ 2.1 billion in annual revenues coming from overseas. It was also the first in India to adopt a code of corporate transparency and offer stock options to employees.

For Narayana Murthy and other founders, it was a walk down memory lane. "As I stand here, several images pass through my mind. What is important is to remember that we have bigger challenges ahead."