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.
salil parekh
February 2020
January 2020
October 2019
July 2019
October 2018
July 2018
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.
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.”
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.
Allegations against Parekh take toll on Infosys stock
Infosys’ stock closes 16.21% lower at ₹643.30 at the end of Tuesday’s trade over allegations of unethical practices by CEO Salil Parekh and CFO Nilanjan Roy.
Infosys to investigate whistle-blowers’ complaints
The whistle-blowers have accused the company’s CEO Salil Parekh and CFO Nilanjan Roy of procedural lapses and aggressive accounting practices.
Infosys Q1 profit falls 6.8% quarter-on-quarter
The Bengaluru-based IT services firm raised its FY20 revenue growth guidance range to 8.5-10% from 7.5-9.5%; posts highest-ever large deal win of $ 2.7 billion during the quarter.
Infosys net profit surges 10% to ₹4,110 crore
Revenue rises 17.3% due to better digital offerings and broad-based growth across business segments.
Infosys Q1 profit falls 2% quarter-on-quarter
The software services exporter recorded a net profit of Rs 3,612 crore during the June quarter compared to Rs 3,690 crore in the preceding quarter; announces 1:1 bonus share issue.
