Infosys BPO Wins 7 Awards at the World HRD Congress 2012
Bangalore, March 14, 2012 - Infosys BPO Ltd., today announced that it has won 7 Awards at the World HRD Congress 2012, held in Mumbai. The three day congress was attended by senior HR leaders from across key industries and prominent sectors. The World HRD Congress Awards aim to celebrate leading organizations' impactful HR practices that have achieved overall effectiveness in their HR functions.
The awards won by Infosys BPO included the Global HR Excellence Award, Fun at Work Award, RASBIC Award which recognizes exemplary practices in innovative acquisition of talent, Employer Branding Award for innovation in retention strategy, Employer Branding Award for innovation in career management, STAR News Talent Leadership & HR Award for best overall talent management organization of the year and Top 10 Best Employers of the Year Award.
The World HRD Congress recognizes the efforts of organizations which have demonstrated excellence through their innovative programs, showing clear and measurable business results to drive organizational excellence.
Speaking about the awards, Raghavendra K., VP and Head, Human Resources Development, Infosys BPO, said, "Winning seven awards in a prestigious forum like the World HRD Congress 2012, is a true testimony to the talent centric and industry leading HR practices implemented by Infosys BPO. We will continue to strive towards introducing new and relevant HR practices in the company and retaining our position as an employer of choice in the ITeS industry."
About Infosys BPO
Infosys BPO Ltd. (www.infosysbpo.com), the Business Process Outsourcing subsidiary of Infosys Limited, was set up in April 2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, the Czech Republic, Poland, Mexico, Brazil, USA, China, the Philippines and Australia, and as on December 31, 2011, employed 20,251 people. It closed FY 2010-11 with revenues of $426.8 million.
About Infosys Ltd.
Many of the world's most successful organizations rely on the 145,000 people of Infosys to deliver measurable business value. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow's enterprise. For more information about Infosys (NASDAQ: INFY), visit www.infosys.com
Infosys Safe Harbor
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2011 and on Form 6-K for the quarters ended June 30, 2011, September 30, 2011 and December 31, 2011.These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.