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Infosys enters into JV agreement with Saudi Prerogative Company

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Capital Market
Last Updated : Sep 03 2016 | 12:03 AM IST

To cater to customers in Kingdom of Saudi Arabia

Infosys has entered into a joint venture agreement with Saudi Prerogative Company (SPC), in the Kingdom of Saudi Arabia to conclude IT services for customers located in the Kingdom of Saudi Arabia. The joint venture will be in the ratio of 70:30 (Infosys: SPC) and the agreement is subject to the approval of the Saudi Arabian General Investment Authority.

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First Published: Sep 02 2016 | 7:29 PM IST

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