Infosys announces joint venture with Temasek Holdings

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