May 17, 2013
Infinite Computers Selected For Corporate Governance Awards By an Eminent Juries For Sustained Investors Confidence, Corporate Excellence, HR Practice.
Mumbai, Maharasthra, May 17, 2013 /India PRwire/ -- Leading IT and mobility solutions provider Infinite Computer Solutions BSE Code (533154), a vertically integrated software MNC & a leading global service provider of application management, infrastructure management, product engineering, services, as well as mobility and messaging solutions in the telecom, healthcare, media and content, energy and utilities and banking, financial services and insurance (BFSI) is set to receive the coveted & prestigious "India's Most Respected Company in Corporate Governance & Excellence Award" at 4th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2013 ( www.indialeadershipconclave.net/2013 ) in June 21st in Mumbai organized by illustrious media house Indian Affairs (www.indianaffairs.tv ), a division of Network 7 Media Group based in US. India Leadership Conclave is hosting its 4th edition of annual affair under the theme New India - Agenda for Change
India Leadership Conclave & Indian Affairs Business Leadership Awards are the set of credible & prestigious awards conferred to organizations & individuals after a credible nomination process & multi layer methodology to determine the companies for their outstanding & remarkable presence in their respective fields. Judged by a team of noted & industry experts, The Award recognizes the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations with high standards set and uphold by Corporate Governance These honours are designed to inspire excellence among the different layers in corporate hierarchy, especially now that India continues to gain further recognition in the global arena as a favoured investment destination in view of its robust economic growth. Committed to the highest standards of disclosure, transparency and fairness in disseminating information. Apart from the regular periodic reports submitted to the regulatory authorities, In today's business environment, investor relations play a crucial in corporate existence as they are instrumental in providing timely updates of the latest information and business development to keep the shareholders informed.
Announcing the name of Infinite Computers in special Jury category for "India's Most Respected Company in Corporate Governance & Excellence Award", Satya Brahma, Chairman & Editor-In-Chief of Indian Affairs said, "In today's business environment, information is key & a sound corporate entity & These accolades are for people who possess strong leadership in guiding the board of directors and the company management in growing/expanding the business, and at the same time uphold the highest ethics in business practices. These recognitions are a fundamental part of our mission to enhance the standards of corporate governance". Infinite Computers has excelled in corporate governance & a clear Leadership in Corporation sustainability. The honour is bestowed as it is recognized by their peers, investors, academics for their outstanding leadership and contributions in a public listed company. Infinite Computers, has helped in steering a company through a period of extraordinary growth, even amid a backdrop of a financial/economic crisis or other major market developments. In the process, it has significantly protected or even enhanced shareholder value as it guided the company in pursuing the business opportunities, thus improving shareholder returns said Satya in a news release.In the past, The Awards were given to the IT Majors Infosys, Mindtree, TCS in the last three successive annual meets.
Leading IT and mobility solutions provider Infinite Computer Solutions had a modest beginning in the year 1999 September & During the year 2005-2006, the company acquired Hyderabad based Datagrid Services to diversify & fuel the business into new revenue segment with an intent to de-risk the business model. The Company was renamed as Infinite BPO Private Limited.During the year 2007-2008, Infinite Computer Solutions Inc, USA the wholly owned subsidiary acquired Comnet International Co. USA, a telecommunication focused product development Company based in Chicago, USA through a 100% Stock Purchase. The company has three main service offerings - Infrastructure Management, Intellectual Property (IP) leveraged solutions and IT services focused on the Telecom and Media, Technology, Manufacturing, and Healthcare industry.
Infinite Computers has thus entered the list of illustrious fortune 300 companies at India Leadership Conclave & Indian Affairs Business Leadership Awards platform where more than 300 top business houses has been recognized & honored. Speaking on the announcement Upinder Zutshi, CEO & MD, Infinite Computers said " It indeed is a rare honour & reflect our commitment to the corporate governance & fair corporate practice, Infinite is currently experiencing an exciting phase of its tenure where IPR & core competence in Telecom, Healthcare, Energy & Utilities, Media & Content and Banking & Finance industries to provide Application Management, Infrastructure Management and Product Engineering Services including Mobility & Messaging Products and Solutions.
Telecom focused Indian IT vendors that have built proven capability, by working closely with large carriers across various segments of the telecom carrier value chain are likely to have the right industry insight. They are now strategically positioned to ride the next wave of growth in IT services within the telecom domain. The comfort level of the clients has the potential of spawning a new era in relationship extension as clients would agree to offshore critical applications. This could help the customers reduce the total cost of ownership for these applications and cut the time to market enhancements or new roll outs. Both carrier and OEM focused engagements will likely be key beneficiaries and hence any Indian IT vendor that spans across both the domains is uniquely positioned to benefit across the entire value chain & In the past, most of the fortune 500 customers would limit their set of choices for off shoring to just top few names in the Indian IT space. This phenomenon is now undergoing a transition as some of the customers are now seeking alternate vendors than restricting themselves to a select few. We believe that - 50 -some of the fortune 500 customers now feel that they might get higher attention and hence more value for money for their large to midsized engagements with an alternate mid-sized vendor than with one of the large ones. The other driver for this shift is that some of the non fortune 500 customers themselves are wary of approaching the large vendors for they might not get the desired attention. For growing midsized organizations that have the right size and established pedigree, the above trend provides enormous opportunity to expand and demonstrate our value proposition to customers said Upinder Zutshi to Indian Affairs.
The Award will be presented in a glittering award ceremony with top 300 iconic leaders across the globe at a suburban hotel in Mumbai on 21st June 2013.
Notes to Editor
Network 7 Group is a non-governmental organization that promotes a free, independent, pluralistic and sustainable media environment in India, Indian Affairs has been at the forefront of monitoring and advocating freedom of expression more particularly in India, but also increasingly in other parts of the world, where its activities have extended. Besides media monitoring and fierce journalism training, the Group publishes its flagship bi-monthly magazine, Pharmaleaders Magazine (www.pharmaleaders.tv ) dedicated to reviewing freedom of expression issues in healthcare and watching over the functioning of the media. The Group has been involved in streamlining media practice through periodic peer review, as well as by initiating, supporting or taking part in activities geared towards enhancing media professionalism and engaging the industry on issues, and lobbying for a free media environment.Network 7 Group is a non-governmental organization that promotes a free, independent, pluralistic and sustainable media environment in India, Indian Affairs has been at the forefront of monitoring and advocating freedom of expression more particularly in India, but also increasingly in other parts of the world, where its activities have extended. Besides media monitoring and fierce journalism training, the Group publishes its flagship bi-monthly magazine, Pharmaleaders Magazine (www.pharmaleaders.tv ) dedicated to reviewing freedom of expression issues in healthcare and watching over the functioning of the media. The Group has been involved in streamlining media practice through periodic peer review, as well as by initiating, supporting or taking part in activities geared towards enhancing media professionalism and engaging the industry on issues, and lobbying for a free media environment.