Infosys has entered into a strategic partnership with Eishtec, which includes the transfer of Eishtec's business to Infosys BPM, an Infosys company. This will enable Infosys to better serve our clients in the region, leveraging our deep expertise in technology, analytics, and digital. This partnership does not entail the purchase of any equity.
Eishtec was established in 2011 and is one of Ireland's leading customer service providers, employing 1,400 people across Ireland. The current management team of Eishtec will continue with the leadership of the existing CEO Heather Reynolds; the partnership involves the transfer of Eishtec employees and business to Infosys BPM.
Anantha Radhakrishnan, CEO of Infosys BPM, said: "We are very excited to welcome the Eishtec employees who will help us further enrich our customer experience services. We look forward to helping them enhance their professional careers within Infosys, a global leader in consulting, technology and business process management services. We are recognized by the Top Employers Institute as a Top Employer in Europe for our excellence in employee care, and our dedication to and investment in our employees' professional development and personal well-being. With our ever-increasing focus on enhancing stakeholder experience and empathy, this transfer further demonstrates our strategic commitment to growth in Europe, one of our key markets, accounting for almost a quarter of our global revenues. To drive our continued growth strategy in the region, we are hiring and training talent locally across the continent. The transfer of the Eishtec employees will enable us to better serve our clients from the UK and Ireland, further leveraging our deep expertise in technology, analytics, and digital."
Shares of INFOSYS LTD. was last trading in BSE at Rs.784 as compared to the previous close of Rs. 789.55. The total number of shares traded during the day was 132315 in over 3953 trades.
The stock hit an intraday high of Rs. 796 and intraday low of 779. The net turnover during the day was Rs. 103718016.