Infosys CEO Salil Parekh

Infosys CEO and Managing Director Salil Parekh on Wednesday clarified that no employee of the IT major has been apprehended by US authorities, dismissing viral social media reports about a purported deportation of a staffer. During the company's Q3 earnings call, Parekh, responding to a specific question, said the rumours that had been circulating online over the past few days. "No Infosys employee has been apprehended by any US authority. A few months ago, one of our employees was denied entry into the US and was sent back to India," Parekh said. The clarification comes in the wake of a post on social media platform X by a user named Chetan Anantharamu, which went viral earlier this week. The post narrated what Anantharamu described as a "wild wild story" involving an Infosys employee from Mysuru who was allegedly on-site for a project in the United States. According to the post, the employee was purportedly "picked up by ICE (Immigration and Customs Enforcement) agents and given

Under the 15-year agreement, Infosys will develop the Future NHS Workforce Solution, a data-driven workforce management platform, which will replace the existing Electronic Staff Record system

Delaporte's successor Srinivas Pallia will receive remuneration of about Rs 50 crore in FY25. TCS CEO and managing director K Krithivasan drew Rs 25.36 cr in annual compensation during FY24

Infosys sees technological advancements as avenues for expansion and growth, rather than as tools for reducing its workforce, said Parekh

Salil Parekh, CEO and managing director at Infosys, has joined US India Strategic and Partnership Forum as its board of directors. An industry veteran with nearly three decades in the IT services industry, executing business turnarounds and managing successful acquisitions, Parekh in his capacity as Infosys CEO sets the strategic direction of one of India's most notable IT giants, while nurturing a strong leadership team to drive its execution. Salil's recent addition to the USISPF Board accentuates the success story of Indian IT giants in the US For years. Infosys has been a household name in India, and IT services are one of India's biggest exports to the United States, said USISPF president and CEO Mukesh Aghi. In an era of digital economy and digital trade, Infosys' success in the US is a testimony to the growing synergy in tech ties and how India's robust tech talent plays an integral part in strengthening and growing the tech sector in the United States, Aghi said. USISPF ...

TCS CEO Gopinathan resigned on March 16 and will be replaced by company veteran K Krithivasan

Infosys supports 'gig work' for employees but is against dual employment, has fired people who were moonlighting, CEO Salil Parekh said in a media interaction on Thursday

Second-largest IT exporter Infosys may hire more than 55,000 fresh graduates from campuses in FY23 as it sees a very good runway for growth going forward, says CEO Salil Parekh on Wednesday.

'This has been a landmark quarter for us with the company. Q1FY22 saw the fastest growth in the last 10 years,' says CEO Salil Parekh

Parekh's compensation was at Rs 34.27 crore in 2019-20.

While the bulk of Infosys's recruitment remains in India -- with 15,000 grads enlisted over the past 12 months -- Infosys is laying the foundation for more hiring abroad at a rapid clip

Infosys condemned the "mischievous insinuations made by anonymous sources against the co-founders and former colleagues, suggesting their involvement in the recent whistleblower allegations".

While Murthy was relentless in his criticism of the erstwhile company board and its CEO for not disclosing information to shareholders, his silence this time has been deafening

The company said India's market regulator, the Securities and Exchange Board of India (SEBI), has also asked it to submit information concerning the complaints

The Infosys stock is widely held by mutual funds, with more than 400 actively- and passively-managed schemes exposed to the company

Sources said the regulator has already asked the stock exchanges to collate trading data of Infosys' shares as well as about derivative positions

For the second time in about as many years, the Indian icon synonymous with the country's technological ascendancy is being forced to answer accusations of impropriety

EY, Shardul Amarchand to conduct probe; CEO, CFO recuse themselves

Infosys Chairman Nandan Nilekani on Tuesday said the company's audit committee will conduct an independent investigation on whistleblower allegations of CEO Salil Parekh and CFO Nilanjan Roy indulging in "unethical practices" to boost short-term revenue and profits. The committee began consultation with independent internal auditors EY, and has retained law firm, Shardul Amarchand Mangaldas & Co. to conduct an independent investigation, Nilekani noted in his statement to the stock exchanges. Nilekani said one board member had received two anonymous complaints on September 30, 2019 - one dated September 20, 2019, titled Disturbing unethical practices and an undated note with the title, Whistleblower Complaint. He said both had been placed before the audit committee on October 10, 2019, and before the non-executive members of the board the following day. "Post the board meeting of October 11, 2019, the audit committee began consultation with the independent internal auditors (Ernst .

The clients are positive with us and we have seen some level of stability. So, from a business perspective, we feel comfortable where we are going and first-quarter growth is testimony to that