Infosys to partner Alstom for R&D center

By agencies   |   Monday, 30 May 2005, 07:00 Hrs
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BANGALORE:India's second biggest software services exporter, Infosys Technologies Ltd will open a research and development center with French engineering group Alstom tomorrow.

Nasdaq listed Infosys is a leader in India's booming information technology services industry, but is better known for work related to business software than research and development for manufacturing clients.

Details of center will be announced during the inauguration.
Shares of Bangalore based Infosys, which listed a $1 billion worth American depositary share (ADS) issue against existing domestic stock on were up 1.4 percent.

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