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25th anniversary at NYSE: Infosys to ring opening bell

Infosys was listed on the New York Stock Exchange in 1999 and has achieved a 15 per cent compound annual growth rate in market cap

25th anniversary at NYSE: Infosys to ring opening bell

Indian software giant Infosys has been invited to ring the opening bell at the New York Stock Exchange to commemorate 25 years of being listed in the exchange.

CEO Salil Parekh, along with CFO Jayesh Sanghrajka and other key leaders from the company will ring the bell on Friday (21).


Expressing happiness over the invite, Parekh said, “For over four decades we have partnered with American businesses as they digitally transform to navigate their next. Today, we are enabling new pathways to move them forward – with expanded growth opportunities and enhanced productivity – into an AI-first future.”

Sanghrajka said Infosys has delivered 25 years of strong performance since US listing in 1999. The company has achieved a 22 per cent compound annual growth rate (CAGR) in revenue and 15 per cent CAGR in market cap, he added.

"Today, we are thrilled to celebrate the achievements of our work in the United States and would like to thank all clients, employees, investors, and other stakeholders who have contributed to company’s success over the years,” Sanghrajka said.

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Russian oil producers

This also aligns with US sanctions on major Russian oil producers Rosneft and Lukoil, set to take effect on Friday.

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Reliance halts Russian oil imports at export refinery amid global pressure

Highlights

  • Reliance Industries has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in Gujarat.
  • The European Union has barred the import of fuel made from Russian crude, starting January 2026.
  • India's crude oil imports from Russia have surged from 2.5 per cent before the 2022 Ukraine war to around 35.8 per cent in 2024-25.
Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refinery at Jamnagar in Gujarat.

Reliance said the move aims to comply with an EU ban on fuel imports made from Russian oil through third countries, which takes effect next year. It also aligns with US sanctions on major Russian oil producers Rosneft and Lukoil, set to take effect on Friday.

"This transition has been completed ahead of schedule to ensure full compliance with product-import restrictions coming into force on 21 January 2026," Reliance said in a statement.

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