Infosys invests Rs.9.75 crore more in US data firm
Bengaluru: Global software major Infosys Ltd on Thursday said it made a follow-on investment of $1.5 million (Rs.9.75 crore) in Waterline Data Science, a US-based data discovery and data governance software firm.
"The follow-on investment of $1.5 million has been made in cash through the Infosys Innovation Fund," said the IT major in a regulatory filing on the BSE.
The firm initially invested $4 million (Rs 26 crore) in the Delaware Corporation company in January 2016.
"Waterline provides data scientists and business analysts a self-service data catalogue to help discover, understand and provision data, and an automated data inventory that enables agile data governance across metadata, data quality and data lineage," it said in the filing.
The investment is expected to be completed by April 6.
With the combined investment, Infosys will have a minority holding, which is less than 20 per cent of Waterline's share capital.
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Jadeja's fifty powers CSK to 176/6 against LSG
Lucknow, Apr 19: Chennai Super Kings rode on a controlled fifty by Ravindra Jadeja to reach a strong 176 for six against Lucknow Super Giants in their Indian Premier League match here on Friday.
Apart from Jadeja (57 not out, 40b, 5x4s, 1x6), Ajinkya Rahane (36, 24b, 5x4s, 1x6), Moeen Ali (30, 20b, 3x6s) and Mahendra Singh Dhoni (28 not out, 9b, 3x4s, 2x6s) too chipped in with handy contributions after CSK were asked to bat first.
For LSG, Krunal Pandya (2/16) was the most successful bowler.
LSG made one change as New Zealand pacer Matt Henry replaced his West Indian counterpart Shamar Joseph.
CSK made two changes to their eleven with Moeen Ali coming in for Daryl Mitchell and Deepak Chahar walking in for Shardul Thakur.
Brief scores:
Chennai Super Kings: 176 for 6 in 20 overs (Ravindra Jadeja 57 not out, Ajinkya Rahane 36, Moeen Ali 30, Mahendra Singh Dhoni 28 not out; Krunal Pandya 2/16).
