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INFOSYS MD REAPPOINTMENT
A perfect storm of colliding trends is raging: Nandan NilekaniInfosys chairman Nandan Nilekani addressed shareholders at the AGM, highlighting global challenges like tariff wars and the energy transiti...- Infosys CEO Salil Parekh's FY25 salary jumps 22% to Rs 80.6 croreInfosys CEO Salil Parekh’s FY25 remuneration rose 22% to ₹80.62 crore, mainly due to exercised stock options. His base salary was ₹7.45 cro...
- India Inc flagships are giving older chiefs more time at the helmSenior executives in their late 50s and 60s are receiving longer tenures in India's business sector after the COVID-19 pandemic. Older CEOs...
- Sensex wipes off 350-point loss to end flat; Nifty above 17,800From the Sensex pack, IndusInd Bank, Power Grid Corp, Axis Bank, Kotak Bank and Bajaj Finserv were the top gainers, rising 1-3% each. SBI, ...
- Large IT firms see change of guard, senior-level transitions amid macro uncertaintiesWhile attrition at the lower level has made headlines in the past, this time around it is the senior leadership churn in companies such as ...
- Institutional investors oppose Esops; PharmEasy drops IPO, targets Ebitda breakevenThe stock option plans of listed startups such as Zomato and Paytm are facing opposition from institutional investors for a variety of reas...
- Sensex jumps 700 points, Nifty tops 15,900; IT stocks lead gainersAmong Sensex stocks, Tech Mahindra advanced 2.79 per cent to Rs 1008.30. HCL Tech gained 1.36 per cent to Rs 989.40. Wipro, Infosys and TCS...
- How Infosys performed under Salil Parekh as CEO since 2018As far as Parekh's tenure is concerned, the annual consolidated total revenue for the IT firm rose from Rs 73,715 crore in FY18 to Rs 1,23,...
- Flipkart takes on Urban Company; drivers ditch Ola, Uber in drovesBut now the company faces fierce, well-funded competition in the form of Flipkart, which plans to roll out similar services in the coming m...
- Infosys board extends Salil Parekh's term for five more yearsSalil Parekh has been leading the role at Infosys since January 2018. He took over the role from then-interim CEO and MD and company vetera...
- Salil Parekh reappointed as Infosys CEO & MD for another five yearsParekh's new term is effective July 1, 2022 till March 31, 2027. Shareholder approval is being sought for the same, the company said.
- Stocks in the news: Bharti Airtel, ZEE, Adani Ports, Jubilant Ingrevia and IDFCShareholders of IDFC rejected the re-appointment of former CAG Vinod Rai as non-executive chairman of the company.
- Kiran Mazumdar-Shaw gets second term as Infosys' lead independent directorMazumdar-Shaw also serves as the chairperson and managing director of biopharmaceutical company Biocon.
- Stock market update: YES Bank, Kotak Bank keep Nifty Private Bank index under pressureThe Nifty Private Bank was trading 0.09 per cent down at 15,577 around 11:10 am.
- Proxy advisors: Boon or bane for corporate governance?Many investors across the globe are voting based on the recommendations of proxy advisory firms.
- Top stocks in focus on Friday, 14 July 2017Here is a list of top stocks that are likely to be in focus in today's session.
- Sensex surges over 200 points as Brexit concerns ease; Nifty50 reclaims 8,200The Nifty50 reclaimed its crucial support level of 8,200 helped by gains in realty, IT, banks, capital goods, and auto stocks.
- Why Narayana Murthy's comeback will set Infosys backWhen in trouble, Infosys has chosen to abandon the principles it professed on founders’ retirement, nepotism and leadership development.
- How and why transparency in boardrooms helps both India Inc & investorsThe good news for investors — and for the future of India Inc — is that this “free-will” party may finally be coming to an end.
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