Infosys to hold 60% stake in JV with Temasek, looks to expand in SE Asia


India's second-largest software services exporter Infosys Ltd said on Friday it formed a joint venture with Singapore state investor Temasek as it expands its presence in Southeast Asia.

Temasek looks to enhance its IT services through the venture in which Infosys will hold a 60 per cent stake and Temasek 40 per cent, Infosys said in a statement. The joint venture will integrate teams from Infosys and the operations of Temasek's unit in Singapore, Trusted Source Pte Ltd, which currently delivers IT services to Temasek and.....

This article is no longer available in our repository.

There could be multiple reasons for this.