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Infosys Salil Parekh
Salil Parekh, CEO and managing director at Infosys, has joined US India Strategic and Partnership Forum as its board of directors. An industry veteran with nearly three decades in the IT services industry, executing business turnarounds and managing successful acquisitions, Parekh in his capacity as Infosys CEO sets the strategic direction of one of India's most notable IT giants, while nurturing a strong leadership team to drive its execution. Salil's recent addition to the USISPF Board accentuates the success story of Indian IT giants in the US For years. Infosys has been a household name in India, and IT services are one of India's biggest exports to the United States, said USISPF president and CEO Mukesh Aghi. In an era of digital economy and digital trade, Infosys' success in the US is a testimony to the growing synergy in tech ties and how India's robust tech talent plays an integral part in strengthening and growing the tech sector in the United States, Aghi said. USISPF ...
Indian IT services company Infosys on Thursday said all its employees in Israel are safe. Amid escalating tensions in the Middle East, Infosys CEO and MD Salil Parekh said its employees in Israel are primarily locals but declined to comment on the exact staff strength there. The company further said it is "saddened" by the situation unfolding in the region. "We have business in Israel in that part of the region and...with what is going on there...we are saddened by it. All of our employees are safe in that business," the Infosys top honcho said during the Q2 earnings briefing. On Wednesday, the country's largest IT services company TCS said it has 250 staffers in Israel and stressed that the ongoing conflict will not have any major impact on its business. TCS has said it is in constant touch with all staffers, and at present, the focus is their safety and to look at how they help the communities they live in. It has initiated business continuity plans wherever necessary to ensure
India's second largest IT services company Infosys on Thursday made it clear that the company does not support moonlighting and said it has fired employees who were into dual employment over the last 12 months. Infosys, however, did not divulge the exact number of people who were "let go" on account of moonlighting. Last month, Wipro Chairman Rishad Premji revealed that some 300 employees were fired as the IT services company had no place for any employee who chose to work directly with rivals while being on Wipro payrolls. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time. On Thursday, during the Q2 earnings' briefing, Infosys CEO Salil Parekh said the company does not support dual employment. "We don't support dual employment... if we found... in the past, employee doing blatant work in two specific companies where there is a confidentiality issue, we have let go of them n the last 12 months," Parekh said. Infosys is among t
Business Standard Annual Awards for Corporate Excellence 2021 were announced this week. The winners were picked by an eight-member jury after extensive deliberations and capture India's growth story