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India's Infosys announces joint venture with Singapore's Temasek

India's Infosys announces joint venture with Singapore's Temasek

By Reuters Sept 7, 2018 9:09:20 AM IST (Updated)

Indian software services exporter Infosys Ltd on Friday announced a joint venture with Singapore state investor Temasek Holdings.

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Infosys will take a 60 percent stake in the joint venture and Temasek will hold 40 percent, 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 a number of other clients.
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