Friday, April 13, 2007

News: Infosys to invest $2 m in Mexico centre

(RTR 13/04/2007) Bangalore - Infosys Technologies Ltd., India's second-largest software exporter, said on Friday it would invest $2 million in a new development centre in Mexico.

The centre will be operational in the second quarter and initially have 300 seats, S.D. Shibulal, head of worldwide customer sales and delivery, said at a news conference.

Infosys earlier reported a 70 percent rise in consolidated quarterly profit to Rs 1144 crore ($267 million) in the three months ended March.

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