Infosys Finds a Place in New Global Dow
By CXOtoday Staff
Mumbai, Nov 20, 2008 1256 hrs IST

A new 'Global Dow' stock index has been compiled by journalists and editors at Dow Jones, comprising some of the most influential companies of the world. Infosys Technologies has found a place on the index.

The 'Global Dow', which was launched last week, is a new world-wide stock index made up of 150 leading blue-chip stocks.

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

In recognition that global wealth is no longer concentrated in a few countries, The Global Dow has also been designed to cover both developed and emerging economies - as well as companies from emerging sectors.

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. This selection reiterates our leadership, success and recognizes our potential."