Infy to honour scientists

Infy to honour scientists

Infosys Technologies has announced that it has instituted a Rs 5 million (Rs 50 lakh) award each for five top Indian scientists in recognition of their outstanding research contributions and achievements.

The five awards will be given annually under the aegis of Infosys Science Foundation, a non-profit trust set up with a corpus of Rs 210.5 million (Rs 21.5 crore). u00a0

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"The company will also annually grant Rs 20 million (Rs 2 crore) to the trust to supplement the prize for each of five scientists of Indian origin working in the country or abroad. The award carries the largest prize money (Rs 5 million) to be given to any Indian scientist," Infosys board member T V Mohandas Pai told Mid-Day.

The five top scientists will be selected by a jury of five consisting of eminent international personalities and academic experts in each area.

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