IT major, Infosys Technologies, has incurred a capital expenditure of Rs 63 crore in its three loss-making subsidiaries in China, Mexico and the US, the company said in its annual report.
We have invested Rs 22-crore each in Infosys Mexico and Infosys Consulting Inc based in Texas, US, while making an additional investment of Rs 19 crore in Infosys China during FY 09,' Infosys Chief Executive Officer and Managing Director, said in the report.
The company has invested Rs 193-crore ($45-million) in Infosys Consulting, which includes an investment of Rs 81 crore in FY 08.
Friday, June 5, 2009
Infosys invests Rs 63-cr in overseas subsidiaries
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