- Infosys received awards towards Best CEO, Best CFO and Best Investor Relations at the 2017 All-Asia Executive Team rankings by Institutional Investor magazine in the Technology/IT Services and Software sector - Infosys positioned as a Leader in NelsonHall Vendor Evaluation & Assessment Tool (NEAT) on Digital Transformation Services - Infosys inducted into the Winner's Circle in the HfS Blueprint Guide: Industry 4.0 Services - Infosys positioned as a Leader in Everest Group's IT Outsourcing in Capital Markets PEAK Matrix Assessment 2017 - Infosys positioned as a Leader in Everest Group's IT Outsourcing in Global Banking PEAK Matrix Assessment 2017 - Infosys positioned as a Leader in Everest Group's Independent Testing Services - PEAK Matrix Assessment 2017 - Infosys inducted into the Winner's Circle in the HfS Utility Operations 2017 Blueprint Report - Infosys recognized for accelerating growth, business development, and for excellence in collaboration of license sales and increasing pipeline growth at the Pega Partner Awards - MongoDB recognized Infosys as its partner of the year in fourth annual MongoDB Innovation Awards - Infosys Public Services appraised at CMMI(R) Maturity Level 5 - Infosys Finacle, jointly with its clients won four awards for banking technology excellence by The Asian Banker - Infosys Pune became the Largest Campus in the World to Earn LEED Platinum Certification from US Green Building Council
In India, Infosys Foundation relentlessly pursued its mission of creating a more equitable society by scaling community-driven initiatives and fostering programs aimed at uplifting the underserved. Some of the key initiatives of the quarter included upgradation and renovation of the existing pediatric ward building at Capital Hospital in Odisha, and construction of a major operation theatre complex at Kidwai Memorial Institute of Oncology, Bangalore. The Foundation also invested in the construction of 4-lane road works of Kotekar-Pathuru road near our Mangalore SEZ campus in the interest of public safety, and partnered with Visakha Jilla Nava Nirmana Samithi for distribution and channelization of water through a gravity technique to rural drought-hit villages of Andhra Pradesh.
Infosys Foundation USA hosted its third annual thought leadership conference, CrossRoads [http://www.infosys.org/infosys-foundation-usa/crossroads ], in San Francisco. This one of a kind event in Computer Science and Maker education, featured 20+ panels with 155 participants from 133 organizations from academia, policy-making, and non-profits. The Foundation also announced the 25 winners [http://www.infymakers.com/winners.html ] of the 2017 Infy Maker Awards in a blog [http://www.infosys.org/infosys-foundation-usa/media/blog/Pag... ] written by NASA astronaut Alvin Drew. The Foundation renewed its grant to Carnegie Mellon University to continue support of the CREATE Lab community robotics and social innovation programs at elementary schools in Georgia and Utah. Infosys Foundation USA extended its WhyIMake [http://www.whyimake.org ] Maker education awareness campaign by releasing new episodes showcasing famous Makers, actor Nick Offerman and NASA astronaut Don Pettit, to TV networks and broadcasters across the US, resulting in 3,150 nationwide airings reaching over 28 million views.
About Infosys Ltd.
Infosys is a global leader in technology services and consulting. We enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 198,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.
Visit www.infosys.com [http://www.infosys.com ] to see how Infosys can help your enterprise thrive in the digital age.
Certain statements mentioned in this release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, 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, 2017. These filings are available at www.sec.gov [https://www.infosys.com/Links/redirectlink.aspx?id=www.sec.g... ]. 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 unless it is required by law.
Infosys Limited and subsidiaries
Unaudited Condensed Consolidated Balance Sheets as of
(Dollars in millions except equity share data)