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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TMC leader killed in Bengal's Birbhum
Kolkata (PTI): A local Trinamool Congress (TMC) leader was murdered by unidentified assailants in West Bengal's Birbhum district, police said on Saturday.
Rajbehari Sardar (65), TMC's booth chief in Patisara gram panchayat, was stabbed and severely beaten up by around five-six people at a function in Nanoor area around 10 pm on Friday, a police officer said.
Sardar was taken to Mangalkot Hospital in neighbouring Purba Bardhaman district where he was declared dead by doctors, he said.
The deceased's son alleged that Sardar was killed by members of a rival faction of the party.
The local TMC leadership said Sardar was a committed party worker and was popular in the area, but claimed that there was no report of the involvement of anyone from the party in the murder.
"We demand a thorough and prompt investigation into the incident," a local TMC leader said.
