Infosys enters the club of 'Global Dow' members

BANGALORE: Infosys Technologies Ltd, a provider in IT services, announced on Wednesday that it has been selected as an original component member of ‘Global Dow’ - an index of the most innovative, vibrant and influential corporations from around the world; chosen by journalists and the Editor in Chief at Dow Jones.

The ‘Global Dow’, that was launched last week, is a new worldwide stock index made up of 150 leading blue-chip stocks, said a press release.

The Global Dow index includes companies who have had a long history with success and a wide following among investors.

The index universe is defined as all publicly traded securities in markets that are open to foreign investment, it added.

The membership to the index is based on size and reputation and the promise for the future.

The Global Dow has also been designed to cover both developed and emerging economies - as well as companies from emerging sectors, the release said.

S. Gopalakrishnan, chief executive officer and managing director, Infosys Technologies said, “We are delighted to be chosen as a member of the Global Dow. Being selected from amongst so many companies in a competitive global environment showcases the increasing importance of emerging economies such as India and is a significant achievement for Infosys.”

He added that this selection reiterates the company’s leadership, success and recognizes our potential.