Established in 1971, the NASDAQ is the second largest stock exchange. When the NASDAQ was founded, it included 2,500 U.S. over-the-counter stocks. As years passed, the NASDAQ continued to grow and started to included the most important companies throughout the world. While several European companies were quickly included in the NASDAQ, it took nearly 30 years for a company from India to be listed.
On this day, March 11th, in 1999, Infosys Limited became the first Indian based comany to be included on the NASDAQ stock exchange. The company is based in Bengaluru, Kamataka, India and currently offers business consulting, technology, engineering, and outsourcing services in 30 countries across the globe. In 1999, Infosys was considered to be one of the world’s most successful IT companies and it has only grown since then.
After being included in the NASDAQ, Infosys continued to gain recognition as a top IT company. The company’s awards include: the Global MAKE (Most Admired Knowledge Enterprises) award 2003, 2004, 2005; best employer 2000, 2001, 2002; and among the most innovative companies, according to a Forbes survey.