SEARCHED FOR:SALIL PAREKH
Hikes, hirings and a visa workaround: Three cheers for Infosys amid Covid gloom
Plans are also afoot to start massive recruitments in many parts of the world including in India soon, said Infosys CEO Salil Parekh.
Can Infosys become IT bellwether again? Salil Parekh answers
'Our focus has always been on what our clients are looking for and how to make s...
Getting people to office will renew social capital: Infosys CEO Salil Parekh
"The reason we have been successful with WFH during the crisis i...
Uncertainty, risk of second wave challenges for IT sector, says Infosys CEO Salil Parekh
Parekh said that uncertainty around Covid and the risk of a second wave are big challenges for the sector.
Indian IT firms see net reduction of staff, trend may continue this year: Analysts
In the same period last year, the four companies hired 22,622 people, expecting faster growth from clients in the United States and Europe. These four software services exporters account for over one-third of India’s software exports of $147 billion and employ more than a million professionals, a fourth of the country’s total IT workforce.
Wipro is ready to be a little bolder and more ambitious: Thierry Delaporte, CEO Wipro
Acquisitions will be part of our agenda. There are positions to take, we will continue to look for companies that are reinforcing our position in areas that we feel are strategic; it can be a specific market, industry or technology, said Thierry Delaporte replying to a question.
Vanguard to partner with Infosys for digital transformation, transfer 1300 staff
The US-headquartered company said the partnership would deliver a technology-driven approach to plan administration and fundamentally reshape the corporate retirement plan experience for its sponsors and participants.
Infosys CEO Salil Parekh draws Rs 34.27 crore pay package in FY20
Interestingly, TCS CEO and MD Rajesh Gopinathan had seen his pay package shrinking more than 16 per cent to Rs 13.3 crore in 2019-20 compared to the previous fiscal.
Infosys had 74 crorepatis in 2020 fiscal, no promotion for leaders
Infosys had 74 employees in its crorepati club in 2019-20, up from 64 in the year before.
Infosys to eliminate roles to flatten organisation
Company will trim its workforce in the ranks of delivery managers, AVPs, VPs and SVPs.
Infosys says Covid-19 related risks could hit profitability, CEO compensation jumps 27%
Infosys has withdrawn its growth guidance for the first time citing uncertainties in clients’ business.
Thierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT
Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, he led the finance operations for the company across regions outside of Europe. He moved to sales and later led Capgemini’s Global Financial Services Strategic Business Unit before moving on to head the company’s Latin American operations.
US fiscal stimulus will keep IT downside in check: Infosys
The US government’s massive $2-trillion stimulus is expected to provide liquidity to companies, including banking and financial services that are the biggest outsourcers of IT. Infosys gets 31% of its revenue from banking, financial services and insurance (BFSI).
COVID-19: We'll come out stronger from this situation, says Infosys CEO
"Last year, we had 9.8 per cent growth and the year before 9 per cent growth. We've had a really extremely successful business over the last couple of years, a very strong operating margin and expansion in earnings per share, USD 9 billion in large deals," he said.
Infosys skips FY-21 guidance citing Covid-19
“Considering the business uncertainty emanating from Covid-19, the company is unable to provide guidance on revenues and margins for FY21 at this stage. The company will provide guidance after visibility improves,” the Bengaluru-based software services exporter said in a statement.