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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Mumbai Indians beat Delhi Capitals by 12 runs
New Delhi, Apr 13 (PTI): Mumbai Indians beat Delhi Capitals by 12 runs in their IPL match here on Sunday.
Sent in to bat, Tilak Varma hit a 33-ball 59 to power Mumbai Indians to 205 for five.
Ryan Rickelton (41 off 25 balls), Suryakumar Yadav (40 off 28 balls) and Naman Dhir (38 off 17 balls) also made useful contributions.
In reply, DC were all out for 193 in 19 overs, despite Karun Nair's 40-ball 89.
Karn Sharma (3/36) claimed three wickets, while Mitchell Santner (2/43) took two wickets.
For DC, Vipraj Nigam (2/41) and Kuldeep Yadav (2/23) snapped two wickets each, while Mukesh Kumar (1/38) took one.
Brief Scores:
Mumbai Indians: 205 for 5 in 20 overs (Tilak Varma 59; Kuldeep Yadav 2/23, Vipraj Nigam 2/41).
Delhi Capitals: 193 all out in 19 overs (Karun Nair 89; Karn Sharma 3/36).
