Infosys Foundation, the philanthropic arm of Infosys, will commit an additional Rs 100 crore to support efforts to fight COVID-19 in India. Where is Infosys Foundation headquartered?

Infosys Foundation, the philanthropic arm of Infosys, will commit an additional Rs 100 crore to support efforts to fight COVID-19 in India. Where is Infosys Foundation headquartered? Correct Answer Bengaluru

​The correct answer is Bengaluru.

  • Infosys Foundation, the philanthropic arm of Infosys, will commit an additional Rs 100 crore to support efforts to fight COVID-19 in India.
  • This comes on top of the Rs 100 crore that it allocated in 2020, taking its total commitment to Rs 200 crore.
  • This entire commitment will be used by the Foundation to fund various initiatives at the grassroots level.
  • Infosys Foundation is a non-profit organisation based in Karnataka, India, established in 1996 by Infosys to support the underprivileged sections of society.
  • Infosys Foundation is headquartered in Bengaluru.

Related Questions

In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: The June 2018 quarter results of Infosys reflect that the investors waiting for the company to perform as good, if not better, than its largest peer Tata Consultancy Services (TCS) may have to wait a little longer. Infosys, the country’s second-largest software exporter reported slower sequential growth in revenue and profit than TCS for the June quarter (Q1). It also lagged on the fronts of employee attrition and growth in the banking, financial services, and insurance (BFSI) vertical.  Assumptions: I. On the positive side, Infosys continued to add large clients – four in the above $100-million billing category compared with the previous quarter. It continued to retain guidance of 6-8% revenue growth for FY19 while retaining the operating margin band of 22-24%. II. In the near term, the stock performance of TCS is likely to overshadow Infosys given the difference in their growth trajectories. III. The growth momentum of Infosys has slowed relative to TCS. The year-on-year growth in trailing 12-month (TTM) revenue of Infosys in each of the four quarters up to the June 2018 quarter has lagged TCS after leading in the previous five quarters.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow (s) for pursuing. Statement: With one year to go for 2019 parliamentary elections, Prime Minister Narendra Modi has stepped in to ensure results can be seen on the ground. The Centre has asked states to focus on impactful and public-private-partnership based smart city projects, which would show results over the next one year and have a review mechanism in place. Ministry of housing and urban affairs, the nodal ministry for Smart Cities Mission has identified 261 impactful ventures worth Rs. 31,000 crore and PPP projects worth Rs. 32,000 crore for the states to work on. Courses of Action: I. The move follows directives from the Prime Minister. During a review of Smart Cities mission last week, PM Modi had emphasized on early implementation of projects and suggested that the chief secretaries of all states should review the progress of the implementation. II. These identified projects account for an investment of Rs. 31,112 crore. The states have also been asked to work on 370 PPP projects that involve an investment of Rs. 32,410 crore The impactful projects identified range from building 40 outdoor fitness centres in New Delhi Municipal Council area at a cost of Rs. 1.31 crore to redevelopment of 340 acre area in Bhopal at a cost of Rs. 3,000 crore.  III. Secretary (housing and urban affairs) D. S. Mishra has written to chief secretaries of states and asked them to focus on the belated implementation of smart city projects that have a visible and transformative impact in the lives of citizens in identified smart cities.
Consider the following schedule S of transactions T1, T2, T3, T4: T1 T2 T3 T4   Reads(X)         Writes(X) Commit   Writes(X)  Commit         Writes(Y) Reads(Z) Commit           Reads(X) Reads(Y) Commit   Which one of the following statements is CORRECT?