Discretionary spending in financial services strong but other verticals still slow: Infosys’ Salil Parekh
Outside of financial services, other industries are yet to have any change in discretionary spending, says Salil Parekh.
salil parekh
October 2024
July 2024
April 2024
October 2023
December 2022
October 2022
May 2022
April 2022
August 2021
Discretionary spending is still low: Salil Parekh
Infosys plans to hire 15,000 to 20,000 freshers in the current fiscal.
Infosys shares drop 3% after revenue guidance misses expectations
Infosys CEO Salil Parekh says the IT major is seeing good traction in large deals but digital and discretionary spending is still a bit slower.
Infosys’ Growth Catalyst
Salil Parekh’s focus on large deals helps company close the gap with industry leader TCS.
Shrinking American Pie for Indian IT?
The domestic IT industry, which rode on the pandemic-led digitisation, is bracing for a slowdown as the U.S. and Europe stare at recession. Will this crisis lead to new opportunities?
Infosys allows employees to take up gig work, but with riders
Infosys says anyone who wishes to take up gig work may do so with prior consent of their manager for firms that don't compete with Infosys. However, Infosys says it doesn't support dual employment.
Getting the Code Right at Infosys
Salil Parekh is steering Infosys’ digital transformation agenda through a variety of Cloud offerings.
Infosys reappoints Salil Parekh as MD & CEO
Salil Parekh has been reappointed as MD & CEO of the software services giant from July 1, 2022, to March 31, 2027.
Digital spurs growth for Infosys
Digital now contributes nearly 60% to the company's revenues.
Fix IT portal glitches by Sept 15: FM to Infosys
Nirmala Sitharaman—who met Infosys CEO Salil Parekh on Monday—conveyed the “deep disappointment and concerns” of the government and the taxpayers about the continuing glitches in the e-filing portal.
