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Salil Parekh

Salil Parekh

Salil Parekh is the current chief executive officer and managing director of Infosys. Parekh took over from interim CEO U B Pravin Rao on January 2, 2018.

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Infosys Q4 PAT up 17 pc to Rs 5,076 cr, announces Rs 9,200 cr buyback
Business

Infosys Q4 PAT up 17 pc to Rs 5,076 cr, announces Rs 9,200 cr buyback

Bluechip digital transformation major Infosys on Wednesday posted 17.47 per cent year-on-year growth in net profit at Rs 5,076 crore for January to March quarter of 2020-21 (Q4 FY21) as against Rs 4,321 crore in the year-ago period.

Infosys recognised as ethical company by Ethisphere Institute
Business

Infosys recognised as ethical company by Ethisphere Institute

IT software major Infosys said on Tuesday it has been recognised by Ethisphere Institute as one of the world's most ethical companies for 2021.

Infosys delivers highest Q3 sequential growth of 5.3 pc in 8 years in constant currency
Business

Infosys delivers highest Q3 sequential growth of 5.3 pc in 8 years in constant currency

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, delivered its highest Q3 sequential growth of 5.3 per cent in eight years in constant currency.

Infosys Q1 net profit up 12 per cent at Rs 4,233 crore
Business

Infosys Q1 net profit up 12 per cent at Rs 4,233 crore

Bluechip digital transformation major Infosys on Wednesday posted 11.5 per cent year-on-year growth in its net profit at Rs 4,233 crore for the quarter ended June 30 as compared to Rs 3,798 crore in the corresponding quarter last year.

Rs 23 crore worth of stock for Infosys CEO Parekh
Business

Rs 23 crore worth of stock for Infosys CEO Parekh

In a double bonanza for Infosys Chief Executive Salil Parekh, the software major's board on Monday approved granting stock options valued at Rs 23 crore as a reward for his performance and steering the company to new heights.

Infosys gets clean chit from SEC in whistleblower case
Business

Infosys gets clean chit from SEC in whistleblower case

IT software major Infosys said on Tuesday the US Securities and Exchanges Commission (SEC) has given it a clean chit in the whistleblower case.

Businesses face digital ceiling in their transformation progress: Infosys
Business

Businesses face digital ceiling in their transformation progress: Infosys

Businesses globally face a digital ceiling when it comes to digital transformation, according to new research from Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys.

Infosys posts robust net, revenue growth in Q3 (2nd Lead)
Business

Infosys posts robust net, revenue growth in Q3 (2nd Lead)

Beating street estimates, global software major Infosys on Friday reported Rs 4,466 crore consolidated net profit for the third quarter (October-December) of 2019-20, registering 23.7 per cent annual growth from Rs 3,610 crore in the same period a year ago.

Infosys says not aware of any fresh lawsuit
Business

Infosys says not aware of any fresh lawsuit

A day after a US-based law firm announced filing of a class action lawsuit against Infosys, the IT services major on Friday said it was not aware of any additional complaints, except for the one filed in October.

Infosys faces class action lawsuit in US for false financial statements
Business

Infosys faces class action lawsuit in US for false financial statements

The Schall Law Firm, a shareholder rights litigation firm based in Los Angeles has announced the filing of a class action lawsuit against Infosys Limited.

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