September 7, 2018 / 3:17 AM / in 16 days

India's Infosys announces joint venture with Singapore's Temasek

Sept 7 (Reuters) - 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 bit.ly/2NlWDEm.

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. (Reporting by Chris Thomas in Bengaluru Editing by Darren Schuettler)

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