Press Releases

Infosys Foundation Signs MoU to Foster Research in Orientology

Bengaluru – March 25, 2019

Infosys Foundation, the philanthropic and CSR arm of Infosys, has signed a Memorandum of Understanding (MoU) with the Bhandarkar Oriental Research Institute, Pune, for five years to strengthen research activities in Orientology, the study of Ancient cultures of the Asian sub-continent.

The proposed grant of INR 9.13 crores will be utilized to train scholars in Orientology and prepare a bibliography of relevant academic texts in the field. The grant will also help to create a centralized information cell through descriptive cataloguing of manuscripts, collection and publishing of inscriptions, and outlining the history of the collected information, enabled by a team of specialists.

The Foundation will establish two chairs at the institute, The Infosys Foundation Chair of Orientology and the Karnataka Chair of Orientology, for eminent scholars of Orientology. Two visiting scholars renowned in any area of Orientology will also be invited for a term of two to six months, as part of this grant, and will be known as Infosys scholars.

Through this grant the Institute will appoint four visiting fellows for visits of one week to one month, who will be referred to as ‘Infosys Fellows’, and also make provisions for two principal investigators, six research assistants, one helper and one design artist for various activities that will be conducted by the Institute.

Speaking on the occasion Mrs. Sudha Murty, Chairperson, Infosys Foundation, said, “The study of ancient texts holds great importance in society today as it forms a means to better understand both our past as well as our present. The discovery and preservation of these texts will ensure that Indological research continues to grow and thrive as an academic field in our country. Our partnership with the Bhandarkar Oriental Research Institute aims to support the field of Orientology through the provision of the necessary tools and resources and we at the Infosys Foundation are proud to be a part of this endeavor to better understand India’s past and its place in the history of the East.”

“The Bhandarkar Oriental Research Institute focuses on Orientology which is the study of ancient cultures of the Asian sub-continent. We live in a time where social sciences have expanded their horizons to be able to apply their inferences across almost all fields of learning. Orientology, therefore, is not limited to the Orient and the Occident alone; it has numerous applications in areas of social sciences and more. This initiative by Infosys Foundation will definitely boost the vigor and charm of the Bhandarkar Oriental Research Institute.” said, Prof. Shrikant Bahulkar, Honorary Secretary, The Bhandarkar Oriental Research Institute.

 

About The Bhandarkar Oriental Research Institute

The Bhandarkar Oriental Institute, Pune was founded on July 6, 1917, and is a public organization registered under Act XXI of 1860 and is administered by a regulating council. The Maharashtra Government nominates five representatives on the regulating council and two on the executive board.

 

About Infosys Foundation

Established in 1996, the Infosys Foundation supports programs in the areas of education, rural development, healthcare, arts and culture, and destitute care. Its mission is to work in remote regions of several states in India. The Infosys Foundation takes pride in working with all sections of society, selecting projects with infinite care, and working in areas that are traditionally overlooked by society at large.

For more details, please log on: https://www.infosys.com/infosys-foundation

 

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 45 countries to navigate their digital transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE:INFY) can help your enterprise navigate your next.

 

Safe Harbor

Certain statements mentioned in this release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2018. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

 

Media contacts:

For further information, please contact: PR_Global@infosys.com