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Salil Parekh
Business  /  Published 14.10.21

Infosys beats Street, raises guidance

Infosys on Wednesday beat Street estimates for the quarter ended September 30 and raised revenue guidance for the full year as it benefited from enterprises going digital and from large deal wins. Th...
By Our Special Correspondent in Mumbai

Business  /  Published 24.08.21

Tax portal debug by Sept 15

The government has set a deadline of September 15 for Infosys to resolve the glitches faced by taxpayers in the new income tax filing portal. Tax experts said the government should extend the statuto...
By Our Special Correspondent in New Delhi

Business  /  Published 23.08.21

Portal summons to Parekh

In June, finance minister Nirmala Sitharaman had met the key officials of Infosys and highlighted the issues faced by taxpayers and tax professionals on the portal. The finance minister last week had...
By Our Bureau in Calcutta

Business  /  Published 15.07.21

Infosys profit up 22.7%

Infosys fell short of Street expectations as it reported a 22.7 per cent growth in net profits for the quarter ended June 30, 2021, but raised revenue guidance for the full year on good deal wins and ...
By Our Special Correspondent in Mumbai

Business  /  Published 27.05.21

Infy CEO pay hike widens disparity

Infosys CEO Salil Parekh’s pay package rose almost 45 per cent to Rs 49.68 crore in 2020-21 — a year the IT services firm posted an industry-leading growth rate as clients preferred digita...
By Our Special Correspondent in Mumbai

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Business  /  Published 16.12.20

Infosys digital moves pay off

The strategy adopted by Infosys over the last three years in cloud, cyber security and other areas to help enterprises in their digital journey has began to pay off and the country’s second larg...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.20

Infosys net up 11 per cent

Large deal wins saw Infosys beating street estimates on Wednesday as it reported an 11 per cent growth in net profits for the quarter ended June 30. The country’s second-largest IT services fir...
By Our Special Correspondent in Mumbai

Business  /  Published 21.10.19

Infosys stock to take a beating

The Infosys stock is likely to come under pressure when trading resumes on Tuesday as investors are expected to react negatively to the news of a group of employees making damaging accusations against...
By Our Special Correspondent in Mumbai

Business  /  Published 12.11.19

Letter targets Infosys chief

Weeks after Infosys faced a whistleblower complaint alleging unethical practices by its top officials, another such letter has surfaced accusing the company’s chief executive officer Salil Parekh of...
By TT Bureau in Mumbai

Business  /  Published 22.10.19

Infosys initiates dual probes

Infosys on Tuesday said it was investigating claims by anonymous whistleblowers accusing CEO Salil Parekh and CFO Nilanjan Roy of “unethical practices” to shore up profits through irregular accoun...
By Our Special Correspondent in Mumbai


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