Latest News
-
Tech Mahindra Q4 Results: Cons PAT Declines 41% YoY To Rs 661 Crore; Exits FY24 In Red -
1:5 Split Soon: Multibagger PSU Bank To Consider Dividend Too, Buy For TP Rs 650: Motilal Oswal -
Gold Price In US: Yellow Metal Rates Hold Steady Amidst Easing Middle East Tensions; GDP Data Awaited -
Multibagger Energy Stock To Reward Shareholders With 3 Bonus Shares, Hits 52-Week High -
Massive Rs 33/Sh Dividend By Larsen's IT Stock, 1650% Payout Soon; LTTS Earns Profit Of Rs 341 Crore In Q4 -
Rs 7.50/Share Dividend: Adani Group Cement Company Reports Strong Q4 Results; Profit Surges 2x YoY -
Closing Bell: Market Rebounds To End With Gains For 5th Straight Day; Sensex & Nifty Soar Led By Banks -
Gold Prices Ayodhya: In Ram-Janma-Bhumi, 24carat Falls By Rs 380 In 10-Grams, Drops By Rs 3,800 In 100-gram -
Penny Stock Hits 2nd Upper Circuit After Declaring Earnings, Gains 14% In 1-Week -
Rs 8.50/Share Dividend Recommended: Nestle India Reports 27% YoY Jump In Profit
Salil Parekh To Take Over As Infosys CEO From Today
Salil Parekh will take charge as CEO of the over $10 billion dollars company Infosys on 2 January 2018, reported PTI. With this new development, the company looks to bring back focus on revenue growth
Salil Parekh will take charge as CEO of the over $10 billion dollars company Infosys on 2 January 2018, reported PTI. With this new development, the company looks to bring back focus on revenue growth and business strategy under the new leadership.
During this period of transition, Infosys to set announce its third quarter financials on January 12.
Parekh, 53, is said to have experience in handling multi-cultural work environment and has a strong grip on technology and sales. He has been described as soft-spoken yet determined and was chosen from over two dozen candidates who were short-listed for the role in the last 3 months.
He is a former Capgemini executive with experience in building IT firm's operations in India.
Parekh will work with non-executive Chairman and co- founder Nandan Nilekani, who was brought in to steady the ship after the resignation of Sikka and other board members, including the then Chairman R Seshasayee, reported PTI.
