The annual report of Infosys, for the financial year 2022-23, reveals that the compensation of CEO Salil Parekh amounted to Rs 56.45 crore, compared to Rs 71 crore in the previous year
According to him, it is a great move by the government as the scheme needs a massive IT infrastructure capable of handling one billion plus transactions a year
Firm is widely expected to report flat Q2 results and may announce a revision in growth forecast; equity analysts largely predict a 2% growth in revenues, while net profits are slated to see a decline
