Infosys creates history by entering Nasdaq-100 index

Mumbai, Dec 11: Infosys Technology today created corporate history by gaining the distinction of being the first Indian company which will be added to the Nasday-100 index.

Never before has any Indian company been a part of any of the major global indices.

Briefing mediapersons here, Infosys CEO and MD Mr Nandan Nilekani said, ''So far there are only nine non-US entries at the Nasdaq-100 index and now, Infosys will be one of them''.

Among various stock exchanges the world over, Nasdaq is the only one which allows foreign firms to get themselves listed on it.

Today 20 per cent of our entire stock is being transacted in the US which in fact paved the way for our company's getting entry to the Nasdaq-100 index, he explained.

Talking about the companies market capitalisation, the CFO Mr V Balakrishnan said, ''We're having a market cap of Rs 1,20,000 crore as on today''.

The company, which already has an employee strength of 66,000 will be employing 28,000 more by the year-end, he added.

UNI