Infosys' Rs 126 cr bonanza to its employees

Infosys announces a bonanza of Rs 126 cr to its employees to mark the silver jubilee celebrations.

Software major Infosys on Sunday announced a bonanza of Rs 126 crore to its employees to mark the silver jubilee celebrations of the country's second biggest software exporter.

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The trustees of Infosys Employees Welfare Trust, an independent trust, have decided and communicated to the company that they would distribute a part of the corpus of the trust amounting to Rs 126 crore to all its beneficiaries (employees), Infosys Chief Mentor and Chairman NR Narayana Murthy said.

The Trust had also decided that each of the beneficiary would get a certain amount depending on their tenure in the company, Murthy said at the 25th anniversary celebrations of the company in Mysore.