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Salil Parekh

Infosys CEO Salil Parekh says India offers huge opportunity for company

Infosys CEO Salil Parekh says India offers huge opportunity for company

Mon, Aug 26, 2024

Bengaluru-headquartered IT major Infosys has clocked "strong growth" in its India business in the first quarter of this fiscal year, although revenue from the market is relatively small.

Infosys scouting for acquisitions, more purchases matching 'in-tech' scale possible: CEO Salil Parekh

Infosys scouting for acquisitions, more purchases matching 'in-tech' scale possible: CEO Salil Parekh

Sun, Aug 25, 2024

In January, Infosys announced a definitive agreement to acquire 100 per cent of the equity share capital in InSemi Technology Services, a semiconductor design services company headquartered in India, for a consideration (including earn-outs, and management incentives and retention bonuses) totalling up to Rs 280 crore.

Infosys Q4 Results HIGHLIGHTS: Consolidated PAT soars 30.5% sequentially, beats Street estimates; board declares Rs 28/share dividend

Thu, Apr 18, 2024

Infosys Q4 Results FY24 HIGHLIGHTS: Infosys reported a quarterly net profit that far exceeded analysts' expectations, roughly a week after its rival Tata Consultancy Services (TCS) kicked off a new earnings season on Dalal Street. Catch all the latest updates on the Infosys earnings here.

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Infosys Q1 Highlights: PAT falls 3% to Rs 5,945 crore, misses analysts' estimates; IT major trims revenue guidance

Thu, Jul 20, 2023

Infosys Q1 highlights: Infosys — India's second-largest IT services company — reported its financial results for the April-June period on July 20. Catch minute-by-updates on Infosys earnings, and much more, here.

Infosys CEO Salil Parekh's salary reduced by 21% in FY23

Infosys CEO Salil Parekh's salary reduced by 21% in FY23

Sat, Jun 03, 2023

Infosys CEO Salil Parekh's annual remuneration dropped by 21% as he chose to exercise fewer restricted stock units.

Davos 2023: Watch Swati Khandelwal's Exclusive Conversation With Salil Parekh, CEO Of Infosys

Davos 2023: Watch Swati Khandelwal's Exclusive Conversation With Salil Parekh, CEO Of Infosys

Fri, Jan 20, 2023

Company's focus on AI, automation, machine learning: Salil Parekh, CEO, Infosys. Watch Swati Khandelwal's exclusive conversation with Salil Parekh, CEO Of Infosys from Davos.

What Infosys CEO Salil Parekh said on IT spends

What Infosys CEO Salil Parekh said on IT spends

Tue, Aug 09, 2022

Infosys' top boss told PTI in an interview that the company sees continued strength in both US and European markets, although it is keeping a close watch on the macroeconomic environment as "these are things one has to monitor on a constant basis"

Infosys CEO Salary: Salil Parekh gets 88% jump in salary to Rs 79.75 crore; becomes one of highest paid executives in India

Infosys CEO Salary: Salil Parekh gets 88% jump in salary to Rs 79.75 crore; becomes one of highest paid executives in India

Thu, May 26, 2022

Infosys CEO Salary hike: Infosys Chief Executive Officer (CEO) Salil Parekh has got a massive 88 per cent jump in annual remuneration to Rs 79.75 crore, making him one of the highest-paid executives in the country

World Economic Forum 2022: Infosys MD & CEO Salil Parekh in Conversation with Swati Khandelwal at Davos

World Economic Forum 2022: Infosys MD & CEO Salil Parekh in Conversation with Swati Khandelwal at Davos

Tue, May 24, 2022

Focus on meeting client needs, increasing demand in digital, focus on increasing capacity: Salil Parikh, MD & CEO, Infosys.

Salil Parekh reappointed as Chief Executive Officer & Managing Director of Infosys for 5 years

Salil Parekh reappointed as Chief Executive Officer & Managing Director of Infosys for 5 years

Sun, May 22, 2022

This is based on the recommendations of the Nomination and Remuneration Committee (NRC) and subject to the approval of shareholders.

Income Tax Portal – Finance Ministry SUMMONS Infosys MD & CEO Salil Parekh on prevailing glitches; e-portal issues NOT RESOLVED even after 2.5 months, says IT department tweet

Income Tax Portal – Finance Ministry SUMMONS Infosys MD & CEO Salil Parekh on prevailing glitches; e-portal issues NOT RESOLVED even after 2.5 months, says IT department tweet

Sun, Aug 22, 2021

Income Tax Portal - Indian Ministry of Finance has summoned Salil Parekh, the Managing Director (MD) and Chief Executive Officer (CEO) of Infosys on 23 August to seek explanation regarding the prevailing glitches in the new income tax portal, an official Twitter Handle of Income Tax India @IncomeTaxIndia said

Infosys well positioned to continue its growth: CEO Salil Parekh

Infosys well positioned to continue its growth: CEO Salil Parekh

Wed, Nov 11, 2020

Infosys CEO Salil Parekh on Wednesday said the company is "well positioned" to continue with its growth and margin trajectory in the quarters ahead on the back of its focus on digital, large deals, expansion of existing accounts and attention to new clients.

Infosys CEO Salil Parekh Salary: Revealed! All details and break-up of his annual pay package of fiscal 2020

Infosys CEO Salil Parekh Salary: Revealed! All details and break-up of his annual pay package of fiscal 2020

Mon, Jun 01, 2020

Infosys CEO Salil Parekh drew a pay package of about USD 6.15 million (at current exchange rate worth Rs 46.44 crore) in fiscal 2020, the IT services major said in a regulatory filing.

Rs 23 crore worth of stock for Infosys CEO Parekh

Rs 23 crore worth of stock for Infosys CEO Parekh

Tue, Apr 21, 2020

"The board approved the performance-based grant of restricted stock units (RSUs), amounting to Rs 13 crore for fiscal 2010-21 under the 2015 stock incentive compensation plan to Parekh," said the city-based IT major in a regulatory filing on the BSE.

Whopping Rs 23 crores! Double bonanza for Infosys CEO Salil Parekh - Here is how

Whopping Rs 23 crores! Double bonanza for Infosys CEO Salil Parekh - Here is how

Tue, Apr 21, 2020

It's a double bonanza of Rs 23 crores for Infosys Chief Executive Officer (CEO) Salil Parekh!

US law firm files class-action suit on Infosys

US law firm files class-action suit on Infosys

Thu, Dec 12, 2019

A United States-based rights litigation firm has filed a class-action lawsuit against tech services giant Infosys for making "false" and "misleading" statements to the market. The lawsuit, filed by The Schall Law Firm, accused Chief Executive Salil Parekh of avoiding standard reviews of mega deals to get rid of scrutiny.

Infosys whistleblower row: Infy says no immediate evidence to support complaints

Infosys whistleblower row: Infy says no immediate evidence to support complaints

Mon, Nov 04, 2019

Indian IT services major Infosys Ltd said on Monday it had not yet received any evidence to support the allegations in a whistleblower letter from last month, sending its shares up as much as 6.5% in early trading.

Infosys row: Market Guru Anil Singhvi says information should not be allowed to leak

Infosys row: Market Guru Anil Singhvi says information should not be allowed to leak

Tue, Oct 22, 2019

Anil Singhvi said that such allegations should be probed as soon as possible to save the interest of investors, stock market and loss to the company as well.

Infosys proposes to allocate up to 50mn shares to incentivise staff; CEO to get stock units worth Rs 10cr

Infosys proposes to allocate up to 50mn shares to incentivise staff; CEO to get stock units worth Rs 10cr

Fri, May 17, 2019

Infosys board has approved an 'Expanded Stock Ownership Program 2019' that intends to allocate five crore shares to a broad base of employees.

Q3 Results: Infosys fails to sell Panaya, Skava assets - How Vishal Sikka's legacy gave sleepless nights to IT giant

Q3 Results: Infosys fails to sell Panaya, Skava assets - How Vishal Sikka's legacy gave sleepless nights to IT giant

Fri, Jan 11, 2019

Infosys had earlier classified its subsidiaries Kallidus & Skava (together referred to as "Skava”) and Panaya as “Held for Sale”.

Infosys Q3 result: PAT down by almost 30% to Rs 3,610 crore; constant currency guidance revised to 8.5%-9%

Infosys Q3 result: PAT down by almost 30% to Rs 3,610 crore; constant currency guidance revised to 8.5%-9%

Fri, Jan 11, 2019

Going forward, FY19 revenue guidance in constant currency revised upward to 8.5%-9.0%; Operating margin guidance retained at 22%-24%.

Infosys CEO Salil Parekh reveals his focus areas

Infosys CEO Salil Parekh reveals his focus areas

Wed, Oct 17, 2018

Infosys CEO Salil Parekh Tuesday said the company has begun to focus on its elements of growth, including digital and automation, to improve its clients' businesses as part of its transformation plans that kickstarted two quarters ago.

Vishal Sikka's Panaya deal dents Infosys profit in 1HFY19 by $39 mn; all details inside

Vishal Sikka's Panaya deal dents Infosys profit in 1HFY19 by $39 mn; all details inside

Tue, Oct 16, 2018

For half year end of FY19, Infosys revenue stood at Rs 39,737 crore with growth of 14.7% YoY. While net profit was at Rs 7,721 crore increasing by 7.1% YoY.

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