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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Kozhikode: There are strong indications that Nimisha Priya’s death sentence in Yemen may be revoked following significant progress in recent mediation talks. According to mediators, the family of the deceased Yemeni national Talal, who was killed, has agreed in principle to pardon Nimisha.

A press release from the office of Kanthapuram A.P. Aboobacker Musliyar stated that some crucial decisions have been taken in the case. The developments follow high-level negotiations involving a delegation of Yemeni scholars appointed by Habib Umar bin Hafiz, a prominent scholar from Tarim, along with officials from northern Yemen and international diplomatic representatives.

Further discussions with Talal’s family are expected to finalise the terms, especially concerning compensation and legal formalities.

It may be recalled that Nimisha was scheduled to be executed on July 16. However, following the intervention of Kanthapuram A.P. Aboobacker Musliyar, the execution was temporarily postponed on July 15.