Infosys: Outsiders not welcome
Infosys has had only two external CEOs, the rest being co-founders. There have been several instances of whistle-blowing during the stints of outsiders Vishal Sikka and now Salil Parekh.
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February 2020
January 2020
December 2019
October 2019
When the Big Three of Indian IT met at Nasscom
Wipro chairman Rishad Premji, Infosys CEO Salil Parekh, and TCS CEO Rajesh Gopinathan say technology will help India take the next big leap.
India Inc’s CSR spending grew 17.5% in FY19
A total of 1,132 NSE-listed companies spent ₹11,961 crore in FY19, an increase of 1.82 times over FY15, according to nseinfobase.com.
TCS expects single-digit growth in FY20
India’s biggest IT company grew at the slowest pace among peers, reported flat profit in Q3. CEO Rajesh Gopinathan termed the muted performance as a “short-term phenomenon”.
Wipro’s Q3 profit dips, margins improve
The Bengaluru-based company expects revenue from its IT services business to rise by up to 2% y-o-y in the March quarter, announces interim dividend of ₹1 per equity share.
Infosys Q3 profit up 23.7%
The Bengaluru-based IT major has increased its FY20 revenue forecast to 10%-10.5%; company’s board says whistleblower complaints against CEO and CFO “are substantially without merit.”
Stock watch: Top losers and gainers of 2019
A look at the top value creators and losing stocks from last year.
Infosys to pay $800,000 to settle visa violation probe
The allegations pertain to 500 Infosys employees working in California on B-1 visas instead of H-1B visas between 2006 and 2017. Though it is paying up, Infosys denies the allegations.
Past learning valuable for what I’m doing now: Sikka
The former MD and CEO of Infosys takes forward his commitment to emerging technologies such as A.I. with his startup Vianai Systems.
U.S. SEC probes Infy on whistle-blower complaints
Indian markets regulator SEBI has also asked the Bengaluru-based IT firm to provide information concerning the anonymous complaints.
