salil parekh

Infosys reported an 11.7% year-on-year drop in net profit for the March quarter, landing at Rs 7,033 crore, despite surpassing its full-year revenue guidance. While annual revenue increased by 6.06% to Rs 1,62,990 crore, the company projects a revenue growth of 0-3% for FY26. The board has proposed a final dividend of Rs 22 per share.

Infosys is strengthening its capabilities by establishing a comprehensive GCC practice, appointing Deval Shah as its leader. This move aims to capitalize on the rapidly expanding GCC market, offering services like setting up new GCCs and scaling existing ones. Infosys is already witnessing strong momentum with multiple deals, including a recent large win with an airline business.

Infosys projects a modest 0-3% revenue growth for 2025-26, citing macroeconomic uncertainties and cautious client spending. This marks one of the company's weakest forecasts in over a decade, excluding pandemic-related suspensions. While revenue growth fell short of projections in 2024-25, Infosys retains its margin guidance of 20-22% amidst client discussions on cost efficiency.

Infosys is establishing a dedicated global capability centre (GCC) practice, led by Deval Shah, to capitalize on the expanding GCC market. The company aims to secure deals for setting up new GCCs and supporting existing ones. Cognizant and Wipro are also actively engaging with GCCs, recognizing their strategic importance and the opportunities for partnership in areas like engineering and operations.

HCL Technologies' CEO declared the traditional IT business model outdated due to AI's rise, urging a paranoid mindset to stay relevant. He endorsed AI-driven automation to double revenue with half the workforce and suggested developing proprietary language models to mitigate geopolitical risks. Infosys CEO agreed on transitioning to output-based services for sustained growth.

Infosys CEO salil parekh saw his pay package growing about 39 per cent to Rs 34.27 crore in 2019-20, according to the company's annual report. Parekh's compensation was at Rs 24.67 crore in 2018-19.

Infosys has raised CEO salil parekh's compensation by a massive 88% to Rs 79.8 crore (more than $10 million), a reward for the industry-leading performance of the company, and the phenomenal increase in shareholder value during his tenure.

The total compensation of Infosys chief executive officer (CEO) and managing director (MD) salil parekh increased 43 per cent to Rs 71.02 crore in the 201-22 fiscal year, according to the company's annual report.

"I think, in general what we see in many of our markets -- Europe, Australia, New Zealand, US market -- independent from the current political situation -- the overall sentiment is to enhance more local jobs activities," Infosys CEO salil parekh said at Morgan Stanley's 20th Annual India Summit.

Infosys CEO salil parekh detailed the company's leadership in generative AI, highlighting achievements like ISO certification and large deal values. Infosys focuses on tailored AI solutions using large language models for software engineering and process optimization.

India's second largest IT firm Infosys on Thursday said its board has approved an 'Expanded Stock Ownership Program 2019' that proposes to allocate five crore shares to incentivise employees based on performance.

Infosys CEO salil parekh, who is the primary target of the whistleblower letter, responding to the accusations said “As CEO, I have served with commitment and integrity...Those who work with me know how I operate with inclusiveness and have no tolerance for the divisiveness...I have recused myself from the ongoing process and I respect that the audit committee..”

The finance ministry has given Infosys a deadline of September 15 to fix glitches in the new I-T portal. CEO salil parekh on Monday met finance minister Nirmala Sitharaman in New Delhi, after being 'summoned' over the snags in the portal.

Infosys CEO salil parekh's salary rose to Rs 49 crore in the last fiscal compared to Rs 34 crore in the year before, an increase of 45%. The increase was mainly due to Parekh exercising his restricted stock units (RSUs) worth Rs 31 crore during the fiscal, up from Rs 17 crore in fiscal 2019-20, the company's latest annual report shows.

Infosys CEO salil parekh on Wednesday said the company is "well positioned" to continue with its growth and margin trajectory in the quarters ahead on the back of its focus on digital, large deals, expansion of existing accounts and attention to new clients.

India's second-largest IT services company Infosys is "comfortable" with the higher revenue growth guidance of 14-16 per cent it gave for the full fiscal, as global IT spends are in "good shape", CEO salil parekh said on Tuesday.

Following the intense scrutiny for technical glitches in the income tax e-filing portal, Infosys has addressed many of the concerns. Infosys CEO salil parekh said, "We are seeing steady progress on the income tax system. As of yesterday (Tuesday), 1.

India’s second-largest IT services company Infosys is comfortable with the higher revenue growth guidance of 14-16% it gave for the full fiscal, as global IT spends are in good shape, CEO salil parekh said.

As per the proposal, Parekh will get an annual salary of Rs 6.5 crore (fixed pay), and will be eligible for maximum 125 per cent of the annual variable pay of Rs 9.75 crore (which comes to up to Rs 12.18 crore), subject to achievement of certain milestones.

The dust had barely settled at Infosys Ltd when Asia’s No. 2 software services firm once more found itself grappling with a potential leadership crisis. For the second time in about as many years, the Indian icon synonymous with the country’s technological ascendancy is being forced to answer accusations of impropriety.