New CEO in place, buyback begins: What lies ahead for Infosys?

Infosys could remain as a wealth protector in the Indian equity markets for a while and even beat the inflation rate quite consistently over the next two decades.

Infosys, India’s No.2 IT services company, named Salil S Parekh as chief executive on Saturday, picking an outsider for the job for a second time and handing him the twin challenges of reviving growth and forging peace between its founders and board following a public spat.Parekh, who is joining from consultancy firm Capgemini where he was a member of its group executive team, has been given a 5-year term effective Jan. 2. This author decodes what lies ahead for Infosys.
 

Since the resignation of its CEO in August, the stock price of Infosys has recovered around 14 percent,  outperforming the