Sunday, December 10, 2006

Infosys Technologies to Become 1st Indian Company on Nasdaq-100

An AP newswire article, via The Boston Globe, reports that:

Software maker Infosys Technologies Ltd. was set to become the first Indian company to join an elite Nasdaq grouping when the U.S. stock exchange opens for trading Monday.

The Nasdaq Stock Market is including Infosys among its top 100 companies as part of an annual revision to the Nasdaq-100 index.

In a statement issued Sunday, Infosys -- headquartered in the southern Indian city of Bangalore -- said its listing on Nasdaq's benchmark index would bring more global visibility to the company, which already is one of India's best known brands abroad.

More here.

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