The US-India Strategic Partnership Forum (USISPF) announced it has roped in Salil Parekh, Chief Executive Officer, and Managing Director at Infosys to its Board of Directors. As CEO and MD, Parekh sets the strategic direction of one of India’s most notable information technology (IT) giants, while nurturing a strong leadership team to drive its execution. Parekh is an industry veteran with…
Tag: Salil Parekh
Infosys appoints Jayesh Sanghrajka as CFO
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•Infosys, a global leader in next generation digital services and consulting, announced that its Board of Directors has appointed Jayesh Sanghrajka as the Chief Financial Officer (CFO) and Key Managerial Personnel of the Company with effect from April 1, 2024. Jayesh will be taking over from Nilanjan Roy, who after serving in this role since…
Infosys and Google Cloud expand alliance to help enterprises transform into AI-first organizations
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•Infosys, a global leader in next-generation digital services and consulting, announced that it is expanding its alliance with Google Cloud to help enterprises build AI-powered experiences leveraging Infosys Topaz offerings and Google Cloud’s generative AI solutions. As part of the expansion, Infosys will create the new global Generative AI Labs to develop industry-specific AI solutions and platforms, which will…
Infosys Foundation Announces the Winners of Aarohan Social Innovation Awards 2023
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•Infosys Foundation, the philanthropic and CSR arm of Infosys, announced the winners of the third edition of the Aarohan Social Innovation Awards. These awards, established in 2018, aim to recognize and reward individuals, teams, and NGOs for creating pathbreaking solutions for social good, benefiting the underprivileged in India. This year, Infosys Foundation recognized winners across three categories:…
Liberty Global and Infosys expand strategic collaboration to bring AI-powered digital entertainment to customers worldwide and drive significant efficiencies on technology costs
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•Liberty Global plc (Liberty Global), one of the world’s leading converged video, broadband and communications companies, and Infosys, a global leader in next-generation digital services and consulting, announced that they have expanded their collaboration to evolve and scale Liberty Global’s cutting-edge digital entertainment and connectivity platforms. Building on their existing multi-year collaboration which has successfully supported Liberty…
Danske Bank selects Infosys as strategic partner to accelerate digital transformation
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•Infosys, a global leader in next-generation digital services and consulting, announced that it has signed a strategic collaboration with Danske Bank, a leading Nordic Bank, to accelerate the bank’s digital transformation initiatives with speed and scale. This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology…
Infosys to Create 1,000 Digital Jobs in the UK to Fuel Post-Pandemic Growth
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•Infosys, a global leader in next-generation digital services and consulting, reinforced its commitment to supporting UK’s economic recovery and growth by announcing plans to hire 1,000 workers in the country over the next three years. New hires will be working at the cutting edge of innovation in the digital space, including cloud computing, data and…
Infosys recognized as one of world’s most ethical companies for 2021
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•Infosys, a global leader in next-generation digital services and consulting, announced that it has been recognized by Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, as one of the world’s most ethical companies for 2021. Infosys was distinguished for its undiluted commitment towards integrity and making value-based decisions.…
Infosys Recognized as the Fastest Growing Top 10 IT Services Brand of 2020
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•Infosys, a global leader in next-generation digital services and consulting, announced that it has been recognized as the fastest growing among the top ten IT services brands of 2020, by Brand Finance, the world’s leading brand valuation firm, in its 2021 Global 500 report. The brand valuation summarizes three years of significant brand growth for…
Infosys announces salary hikes on all levels from January 1, to add 15000 jobs in 2021
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•Infosys, India’s second-largest IT services firm, has said that it will roll out salary hikes and promotions across all levels, effective January 1. Infosys CEO Salil Parekh said that the company will pay a special bonus in the quarter to December, while paying 100% variable pay in the previous quarter. “We will pay a one-time…
Infosys plans to create 12,000 new American jobs by 2022
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•Infosys, a leader in consulting, technology, and next generation services, announced that it plans to hire 12,000 American workers over the next two years, bringing its hiring commitment in the country to 25,000 over five years. In 2017, Infosys committed to hiring 10,000 American workers over two years and has exceeded that goal by creating…
Genesys join hands with Infosys to accelerate its strategic transformation journey
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•Infosys, a global leader in next-generation digital services and consulting, announced the launch of a partnership with Genesys, a global leader in cloud customer experience and contact center solutions. The alliance will position both organizations to enhance and expand their customer experience and contact center offerings. Together, the companies will deliver market-disrupting innovation and mission-critical…
Updated: Infosys CEO Salil Parekh and CFO Nilanjan Roy fudging financials.
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•A group of whistleblowers at Infosys, identifying themselves as “Ethical Employees” in their letter, have alleged that Infosys CEO Salil Parekh has been fudging the company’s financials and inflating profits in recent quarters. According to the whistle blowers, as stated in their letter, CFO Nilanjan Roy has been compliant and is also involved. In their…