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Total 66 results found. Search for [ Salil Parekh ]

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BusinessToday.In
New Delhi, August 3, 2018
Apple becomes first publicly listed US firm to hit $1 trillion stock market valuationApple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone. The iphone transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. India likely to postpone raising tariffs on U.S. goodsIndia plans to delay the imposition of retaliatory duties on U.S....


BusinessToday.In
August 2, 2018
Infosys' acquisition of US-based digital creative and consumer insights agency WongDoody Holding Company for $75 million could just be the beginning of many more deals in the pipeline.


BusinessToday.In
New Delhi, July 30, 2018
Infosys to build software development centre in NoidaInfosys Ltd has said it would build a software development centre in Noida in Uttar Pradesh, with an initial investment of about 7.5 billion rupees ($109 million). India's second-biggest software services exporter said the 2.7 million square feet facility would be able to accommodate 5,000 staff. \"The facility is a critical part of our effort to enhance our presence in the national capital region and leverage the talent pool ...


E Kumar Sharma
New Delhi, July 23, 2018
The first quarter of this fiscal ended on a cheery note for the domestic IT industry's Banking, Financial Services, and Insurance (BFSI) vertical.


PTI
New Delhi, July 22, 2018
The Bengaluru-based IT company has already been ramping local hiring in key markets like the US to tackle increasing scrutiny around work visas by various governments around the world.


BusinessToday.In
New Delhi, July 20, 2018
To begin with, Parekh's employment contract, which Infosys submitted as an exhibit along with its Form 20F filing with the US Securities and Exchange Commission yesterday, contains a strict non-competition clause.


BusinessToday.In
July 16, 2018
The stock of India's second-biggest software services exporter rose 5.75% to hit its life time high of 1384.40 compared to its previous close of 1309.10 on the BSE.


Mail Today Bureau
July 14, 2018
Infosys on Friday posted a lower-than-expected 3.7 per cent rise in net profit for the quarter ended on June 30, 2018, due to a one-off charge related to fair value reduction of Panaya business.


E Kumar Sharma
New Delhi, July 13, 2018
Analysts were hoping for a better performance in the developed markets, at least in three verticals (retail, BFSI and communication) that contribute over 60 per cent of total revenues.


BusinessToday.In
July 13, 2018
Infosys posted a net profit of Rs 3,612 crore for the quarter ended June 30, 2018.


BusinessToday.In
New Delhi, June 25, 2018
Neemuchwala received Rs 6.29 crore in gross salary, Rs 1.70 crore in variable pay, Rs 10.2 crore in other annual compensation with other addition perks, taking his total compensation to Rs 18.23 crore for FY2017-18.


PTI
June 23, 2018
Infosys would deal with concerns raised by shareholders with regard to a whistleblower's letter complaining about governance issues, its Non-Executive Chairman Nandan Nilekani said today.


E Kumar Sharma
New Delhi, May 15, 2018
With a new leader at the helm, the Indian IT bellwether revisits its growth strategy.


PTI
New Delhi, May 11, 2018
Ravi Venkatesan has resigned as an independent director from Infosys, the first board-level departure since Nandan Nilekani took over the chairmanship of the IT major more than eight months back.


PTI
May 5, 2018
Salil Parekh had joined the Bengaluru-based company in January this year after a protracted stand-off ensued between Infosys founders led by NR Narayana Murthy and the previous management over issues of corporate governance and compensation to former executives.


BusinessToday.In
April 24, 2018
According to Salil Parekh, the company's new strategy rests on four pillars: Scaling up digital, energising the \"core\" using automation and AI, reskilling the workforce and expanding localisation.


BusinessToday.in
New Delhi, April 24, 2018
Infosys to renew focus on digital servicesInfosys Ltd, India's second-biggest IT firm, plans to renew its focus on digital services as it looks to boost growth amid shrinking profit margins in its legacy business and rising competition from local and international rivals. Digital services - such as cloud, big data and analytics which accounted for more than a quarter of Infosys' revenue in year to March 2018 - are a massive opportunity, Chief Executive Salil Parekh said on Monda...


BusinessToday.In
April 16, 2018
Infosys announced a conservative EBITA margin guidance of 22-24 percent for FY 19 (versus 24.3 percent in FY18), which analysts said spooked market. But the market seems to have got it all wrong. The lower guidance was expected by many under the leadership of Salil Parekh who took over the CEO of the $10 billion company on January 2 this year.


BusinessToday.In
April 16, 2018
At 9:37 am, the stock was trading at 1,125 level, 3.70% and 4% lower on BSE and NSE, respectively. On Friday, the stock closed 0.58% higher at 1,169 level on BSE before the earnings were announced in evening.


E Kumar Sharma
New Delhi, April 14, 2018
Shaw said that Infosys is entering a new phase under new leadership and there is strong focus on new growth areas.


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