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Reform Moments | Infosys's path-breaking IPO

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Reform Moments | Infosys's path-breaking IPO

M
Mint

1 Views • Feb 16, 2018

Description

By the time liberalization dawned on India, a nascent information technology industry was already taking shape. But it was the loosening of the stifling capital market controls that gave it legs.

Bengaluru-based Infosys​ was the front runner. The IT services company was among the pioneers of the Global Delivery Model and its 1993 IPO in India triggered a new era of creating wealth for multiple stakeholders including employees.