Business Standard

Infosys Ceo Salil Parekh

At Rs 66.25 crore, Infosys' Salil Parekh is second-highest paid IT CEO

Delaporte's successor Srinivas Pallia will receive remuneration of about Rs 50 crore in FY25. TCS CEO and managing director K Krithivasan drew Rs 25.36 cr in annual compensation during FY24

At Rs 66.25 crore, Infosys' Salil Parekh is second-highest paid IT CEO
Updated On : 03 Jun 2024 | 5:35 PM IST

Infosys CEO Salil Parekh says GenAI adoption won't lead to job losses

Infosys sees technological advancements as avenues for expansion and growth, rather than as tools for reducing its workforce, said Parekh

Infosys CEO Salil Parekh says GenAI adoption won't lead to job losses
Updated On : 24 May 2024 | 1:47 PM IST

Infosys CEO & MD Salil Parekh joins USISPF on its board of directors

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 ...

Infosys CEO & MD Salil Parekh joins USISPF on its board of directors
Updated On : 23 Feb 2024 | 10:45 AM IST

How does outgoing TCS CEO Gopinathan's salary compare to other IT execs?

TCS CEO Gopinathan resigned on March 16 and will be replaced by company veteran K Krithivasan

How does outgoing TCS CEO Gopinathan's salary compare to other IT execs?
Updated On : 17 Mar 2023 | 9:49 AM IST

Infosys runs 'Accelerate' to avert moonlighting, says it supports learning

Infosys supports 'gig work' for employees but is against dual employment, has fired people who were moonlighting, CEO Salil Parekh said in a media interaction on Thursday

Infosys runs 'Accelerate' to avert moonlighting, says it supports learning
Updated On : 14 Oct 2022 | 5:21 PM IST

Infosys may hire more than 55,000 freshers in FY23: CEO Salil Parekh

Second-largest IT exporter Infosys may hire more than 55,000 fresh graduates from campuses in FY23 as it sees a very good runway for growth going forward, says CEO Salil Parekh on Wednesday.

Infosys may hire more than 55,000 freshers in FY23: CEO Salil Parekh
Updated On : 17 Feb 2022 | 12:04 AM IST

Infosys Q1 net profit rises 23%, ups FY22 revenue guidance to 14-16%

'This has been a landmark quarter for us with the company. Q1FY22 saw the fastest growth in the last 10 years,' says CEO Salil Parekh

Infosys Q1 net profit rises 23%, ups FY22 revenue guidance to 14-16%
Updated On : 15 Jul 2021 | 12:29 AM IST

Infosys CEO Salil Parekh's pay package rises to nearly Rs 50 cr in 2020-21

Parekh's compensation was at Rs 34.27 crore in 2019-20.

Infosys CEO Salil Parekh's pay package rises to nearly Rs 50 cr in 2020-21
Updated On : 27 May 2021 | 12:30 AM IST

Infosys CEO to accelerate hiring from US, Europe even after Trump departure

While the bulk of Infosys's recruitment remains in India -- with 15,000 grads enlisted over the past 12 months -- Infosys is laying the foundation for more hiring abroad at a rapid clip

Infosys CEO to accelerate hiring from US, Europe even after Trump departure
Updated On : 28 Jan 2021 | 7:44 AM IST

NFRA, RoC seek information on whistleblower complaints, says Infosys

Infosys condemned the "mischievous insinuations made by anonymous sources against the co-founders and former colleagues, suggesting their involvement in the recent whistleblower allegations".

NFRA, RoC seek information on whistleblower complaints, says Infosys
Updated On : 06 Nov 2019 | 9:05 PM IST

Puzzling silence: Why has Narayana Murthy not spoken a word on Infosys?

While Murthy was relentless in his criticism of the erstwhile company board and its CEO for not disclosing information to shareholders, his silence this time has been deafening

Puzzling silence: Why has Narayana Murthy not spoken a word on Infosys?
Updated On : 31 Oct 2019 | 9:05 PM IST

Now, US SEC launches probe into whistleblower charges against Infosys

The company said India's market regulator, the Securities and Exchange Board of India (SEBI), has also asked it to submit information concerning the complaints

Now, US SEC launches probe into whistleblower charges against Infosys
Updated On : 24 Oct 2019 | 10:23 AM IST

Infosys share sell-off weighs on all 5 IT funds, ICICI Pru Tech worst hit

The Infosys stock is widely held by mutual funds, with more than 400 actively- and passively-managed schemes exposed to the company

Infosys share sell-off weighs on all 5 IT funds, ICICI Pru Tech worst hit
Updated On : 23 Oct 2019 | 10:48 PM IST

Sebi starts probe into whistleblower's complaint against Infosys management

Sources said the regulator has already asked the stock exchanges to collate trading data of Infosys' shares as well as about derivative positions

Sebi starts probe into whistleblower's complaint against Infosys management
Updated On : 23 Oct 2019 | 6:00 PM IST

Yesterday once more: How the latest crisis is playing out at Infosys

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

Yesterday once more: How the latest crisis is playing out at Infosys
Updated On : 23 Oct 2019 | 2:16 PM IST

Nilekani steps in as Infosys investors fume over whistleblower complaints

EY, Shardul Amarchand to conduct probe; CEO, CFO recuse themselves

Nilekani steps in as Infosys investors fume over whistleblower complaints
Updated On : 23 Oct 2019 | 1:06 AM IST

Infosys audit committee to probe whistleblower allegations: Nilekani

Infosys Chairman Nandan Nilekani on Tuesday said the company's audit committee will conduct an independent investigation on whistleblower allegations of CEO Salil Parekh and CFO Nilanjan Roy indulging in "unethical practices" to boost short-term revenue and profits. The committee began consultation with independent internal auditors EY, and has retained law firm, Shardul Amarchand Mangaldas & Co. to conduct an independent investigation, Nilekani noted in his statement to the stock exchanges. Nilekani said one board member had received two anonymous complaints on September 30, 2019 - one dated September 20, 2019, titled Disturbing unethical practices and an undated note with the title, Whistleblower Complaint. He said both had been placed before the audit committee on October 10, 2019, and before the non-executive members of the board the following day. "Post the board meeting of October 11, 2019, the audit committee began consultation with the independent internal auditors (Ernst .

Infosys audit committee to probe whistleblower allegations: Nilekani
Updated On : 22 Oct 2019 | 1:38 PM IST

We have done right investments for sustained growth, says Infosys CEO

The clients are positive with us and we have seen some level of stability. So, from a business perspective, we feel comfortable where we are going and first-quarter growth is testimony to that

We have done right investments for sustained growth, says Infosys CEO
Updated On : 19 Jul 2019 | 8:15 AM IST

Confident of meeting guidance for this year: Infosys CEO & MD Salil Parekh

Around 70 per cent of the deals won in this quarter were renewals, while the remaining were new contracts, says Parekh

Confident of meeting guidance for this year: Infosys CEO & MD Salil Parekh
Updated On : 12 Jan 2019 | 1:17 AM IST

Right execution of strategy to decide Infosys chief Salil Parekh's future

Last week, while announcing its Q4 numbers, Infosys unveiled its new four-pillar strategy under Parekh

Right execution of strategy to decide Infosys chief Salil Parekh's future
Updated On : 16 Apr 2018 | 7:02 AM IST