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Q2FY18 was tumultuous: Infosys co-founder Nilekani after Q3 net rises 37.6%

Co-founder and chairman Nandan Nilekani congratulated Infosys' finance team for pulling off a 'flawless share buyback' worth Rs 130 bn

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Infosys CEO Salil Parekh with co-founder and non-executive chairman Nandan Nilekani (Photo: Saggere Radhakrishna)

Country's second-biggest IT services exporter Infosys Ltd posted a 37.6% jump in third-quarter profit, helped by tax benefits from the firm's deal with US Internal Revenue Service. Co-founder and non-executive chairman Nandan Nilekani congratulated Infosys' finance team for pulling off a "flawless buyback". Nilekani said he's 'delighted' Salil Parekh has joined as new CEO and appreciated the contribution of Rajesh Murthy to the company. The company president will leave on January 31 for personal reasons. Nilekani described ...