According to S&P, finance & insurance sector was the "brightest spot" regarding business activity and new orders, topping the growth rankings in both instances
For FY22 Infosys CEO Salil Parekh received a total remuneration of Rs 71.02 crore, up 43 per cent. This compensation included Rs 52.33 crore from restricted stock unit options.
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The decision comes as the rich world's central banks including the ECB and the US Federal Reserve are weighing when receding inflation will let them cut rates - and make credit cheaper for businesses