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Technology Stocks : Infosys Technologies Ltd. (Nasdaq:INFY)

INFY 17.82

-1.2%

Jan 9 9:30 AM EST

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To: Mohan Marette who wrote (4)	2/23/2000 8:06:00 PM
From: Mohan Marette	Read Replies (1) of 29

Infosys campus at Bhubaneswar Infocity Dilip Bisoi BHUBANESWAR, FEBRUARY 23: Infosys Technology (ITL) is setting up world class Software Development Centre at Bhubaneswar in the next five years, on a 25-acre plot. The Bhumi Puja for the construction of its state-of-the-art software campus was held here on Wednesday. The Infosys Campus would be developed in two phases. While in the first phase Rs 50-Crore ($11 mil) would be invested in the development of infrastructure, the second phase would cost a little over Rs 50-crore ($11 mil). Infosys is confident of starting the campus by the end of December 2000, asserted SD Shibulal, Director Infosys. Besides Bhubaneswar, *Infosys is setting up three more campuses in the country at Chennai, Mangalore and Pune. The company's flagship centre at Bangalore* is being expanded to a total area of 37 acres in two phases.** -Indian Express Newspapers (Bombay) Ltd.

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