Infosys opens a new 320,000 sq. ft. development centre in Kolkata with an investment of over ₹426 crore. The facility will create 4,000 jobs, focusing on cloud, AI, and digital technologies, while supporting hybrid work.
The 320,000+ sq. ft. facility aims to accommodate over 4,000 employees, with a focus on next-generation technologies like cloud, AI, and digital transformation across diverse industries including manufacturing, logistics, financial services, and energy.
The development centre is designed to meet high-performance green building standards, with features such as low-energy cooling, smart building automation, rainwater harvesting, and wastewater recycling. It will offer flexible workstations, training facilities, and wellness centres.
This initiative aligns with Infosys’ Environmental, Social, and Governance (ESG) commitments, contributing to the growth of the IT ecosystem in West Bengal. The new centre will enhance the state’s standing as an IT hub and provide significant employment opportunities, especially in emerging technologies.
Infosys has announced the schedule for its Q3 FY2025 earnings. The company’s board will meet on January 15 and 16, 2025, to review and approve the financial results for the quarter ending December 31, 2024.
On December 19, Infosys’ share price traded 2.23% lower at ₹1,933.45 by noon on the NSE. The stock opened at ₹1,934 lower than ₹1,979.15 at the previous close.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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