Bangalore, Nov 19: Infosys Technologies Limited one of the major IT companies in India has been selected as an original component member of 'Global Dow,' an index of the most innovative, vibrant and influential corporations from around the world.
The Global Dow, launched last week, is a new world-wide stock index made up of 150 leading blue-chip stocks, which are chosen primarily by size, reputation and importance in the global economy. The Global Dow index includes companies, who have had a long history with success and a wide following among investors. The index universe was defined as all publicly traded securities in markets that are open to foreign investment.
The membership to the index was based on size and reputation and the promise for the future. In recognition that global wealth is no longer concentrated in a few countries, the Global Dow has also been designed to cover both developed and emerging economies as well as companies from emerging sectors.
S Gopalakrishnan, Infosys CEO and Managing Director said, "we are delighted to be chosen as a member of the Global Dow. Being selected from amongst so many companies in a competitive global environment showcases the increasing importance of emerging economies such as India and is a significant achievement for Infosys. This selection reiterates our leadership, success and recognizes our potential.''