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.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
MP: 7-year-old girl raped and murdered; minor relative detained
Barwani (MP), Jan 28 (PTI) Police on Wednesday detained a 17-year-old relative of a seven-year-old girl in Barwani district of Madhya Pradesh for allegedly raping her and killing her by throwing her into a canal, a police official said.
Superintendent of Police Jagdish Dawar told reporters that the body of the child was recovered from the Indira Sagar Canal on January 26, following information from residents of a village in the Rajpur police station area of the district.
He said the post-mortem report concluded severe injuries to the girl’s private parts and attributed her death to drowning.
Dawar said a 17-year-old boy, a close relative of the girl, has been detained in connection with the rape-murder.
The teenager told the police that he kidnapped the girl from her home on the night of January 25 while her family members were asleep, took her to a nearby canal and raped her, according to the official.
When the girl started screaming during the sexual assault, the minor boy allegedly threw her into the canal, with the intention of killing her. The child drowned in the water body, the official said.
The detained minor will be produced in a juvenile court.
A case has been registered under the Protection of Children from Sexual Offences Act and the Bharatiya Nyaya Sanhita, and an investigation is underway, he added.
