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Who is Rajesh Gopinathan?
Latest Updates on Rajesh Gopinathan
Gopinathan received a compensation of Rs 25.75 crore, making him the fifth-highest-paid CEO in the Indian IT services sector
Tata Group sources said that there have been preliminary discussions between the two as the group needs reliable and experienced hands with its diversification into various technology domains
What does Gopinathan's exit mean for TCS? Is angel tax making India less attractive? What does Jim Rogers think of the global banking crisis? What is the m-cap to GDP ratio? All answers here
The company has nominated Tata Group veteran K Krithivasan as CEO-designate, effective immediately
'You can always look at any number as a parameter and create a trend. It's more like horses for courses'
Gopinathan said TCS is the market leader in its space, and has given industry-leading results
Analysts say the stock price could turn volatile in the near-term as the development comes amid a challenging macro-environment including fears of a potential recession in the US
Krithivasan's time of taking over is interesting, especially with the agenda already being set
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Rajesh Gopinathan, the outgoing TCS CEO, said that Krithivasan was chosen by the board and Tata Group chairman N Chandrasekaran
TCS CEO Gopinathan resigned on March 16 and will be replaced by company veteran K Krithivasan
The board has nominated K Krithivasan as CEO designate with effect from March 16, 2023.
Retained its edge in terms of Ebitda or operating margins over industry peers
Krithivasan has been part of the global technology sector for over 34 years. He joined TCS in 1989
TCS MD & CEO says attrition is way beyond the firm's comfort levels
Attrition rate was 17.4% in Q4FY22; lower than peers, higher than firm's own rate a year ago
Under Gopinathan's leadership, TCS says it strengthened its position with the revenues increasing from $17.6 bn in financial year ended Mar 31, 2017 to $22.2 bn in financial year ended Mar 31, 2021
The company has successfully pivoted to a digital business without an inorganic play, putting digital at the heart of strategy
'Two years back we experimented and took in 32,000-35,000 freshers in the first two quarters and this allows us to bring freshers into the company in an accelerated way', said Gopinathan