Bangalore – September 5, 2012
Infosys BPO Ltd., today announced that it has won the coveted Golden Peacock HR Excellence Award 2012 in the BPO category. This award is conferred on organizations with robust and effective HR and people management practices, catering to the needs and all-round growth of the business, employees, industry and the nation.
Speaking about the award, Raghavendra K., Vice President and Head - Human Resources Development, Infosys BPO said, "We are honored to receive this prestigious award. We consider this award as an acknowledgement of our efforts towards creating a world-class people-centric organization, and it inspires us to set higher standards in the industry. This award will further motivate us to excel at implementing better and more efficient HR practices in order to attain our strategic goals. We believe this award will also encourage our employees to achieve higher goals."
The award captures the range of HR initiatives and practices that the Infosys BPO HR team has undertaken, thereby enriching the lives of employees and enabling in the attainment of the strategic goals set by the organization. The award clearly brings out the collaborative and inclusive style of management adopted by Infosys BPO.
The award ceremony was hosted by the Institute of Directors (IOD) and was held in New Delhi. The ceremony witnessed a distinguished gathering of business leaders, jurists, academics, environmentalists, economists and legislators.
The Golden Peacock Awards were instituted in 1992 and are today regarded as the Holy Grail of Corporate Excellence worldwide.
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 June 30, 2012, employed 23,288 people. It closed FY 2011-12 with revenues of $494.5 million.
Many of the world's most successful organizations rely on the 151,000 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
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, 2012 and on Form 6-K for the quarters ended September 30, 2011, December 31, 2011 and June 30, 2012. 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.