INTRODUCTION
Infosys Technologies Limited (BSE: 500209, NASDAQ: INFY) is a multinational information technologyservices company headquartered in Bengaluru, India. It is one of India's largest IT companies with over94,379 professionals (including subsidiaries) as of June 30, 2008. It has nine development centers inIndia and over 30 offices worldwide. Its annual revenues for the fiscal year 2007-2008 exceeded US$4billion with a market capitalization of over US$30 billion.Infosys was founded on July 2, 1981 in Pune by N. R. Narayana Murthy and six others: Nandan Nilekani,N. S. Raghavan, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora, with Raghavan officiallybeing the first employee of the company. N.Murthy started the company by borrowing INR 10,000 fromhis wife Sudha Murthy. The company was incorporated as "Infosys Consultants Pvt. Ltd.", withRaghavan's house in Matunga, north-central Mumbai as the registered office.In 2001 it was rated "Best Employer in India" by Business Today, Infosys won the Global MAKE (MostAdmired Knowledge Enterprises) award, for the years 2003, 2004 and 2005, being the only Indiancompany to win this award and is inducted into the Global Hall of Fame for the same.One of the major initiatives taken by Infosys in terms of research was to develop a corporate R&D wingcalled Software Engineering and Technology Labs (SETLabs). SETLabs was founded in 2000 to carry outapplied research for the development of processes, frameworks and methodologies to effectivelycapture customer requirements and to iron out common critical issues during a project lifecycle.Infosys publishes a peer-reviewed quarterly journal called SETLabs Briefings which has articles written bythe researchers at SETLabs on various current and future business-transforming technologymanagement themes. Infosys has an RFID and Pervasive Computing Technology practice which isproviding RFID and wireless services to clients.