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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.
Stocks to Watch: At 7:30 am, the SGX Nifty futures were quoting around 100 pts up at 16,100 levels. That said, the markets may exhibit volatility today on account of the monthly F&O expiry.
In the Sensex pack, Tech Mahindra, Hindustan Unilever, HCL Technologies, Asian Paints, NTPC, Tata Steel, Infosys, Axis Bank, and Bajaj Finserv were among the biggest laggards
Up to 1 billion people will need reskilling, training and lifelong learning by 2030, says Infosys CEO Salil Parekh.
Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.
Parekh, the CEO & MD of Infosys since January 2018, has successfully led Infosys in the last 4 years
The country's top 50 promoter families earned Rs 709.4 crore on average from their companies in FY22, while the median income of these promoters was Rs 123.2 crore in the last fiscal
'We are working in augmented reality, virtual reality, and looking at how this can be applied on a manufacturing floor, and how it can be used for training to protect workers'
Salil Parekh has brought the company back to a healthy growth trajectory, improved employee morale and won the promoters' trust as well as investor confidence
As taxpayers face technical glitch on the GST portal, the government said it is considering extending the April tax payment deadline and has directed Infosys for early resolution of the problem
In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required
In the past one month, the stock of information technology (IT) major has declined 14 per cent after operating performance missed estimates in March quarter (Q4FY22).
Also on offer: Higher promotions, work flexibility, eldercare & childcare support to track attrition.
Capital markets regulator Sebi on Tuesday imposed a fine of Rs 1 lakh on an individual for violating the model code of conduct in a case related to shares of Infosys Ltd.
Tech Mahindra and Wipro have tumbled over 30 per cent, while Apollo Hospitals Enterprise and Dr. Reddy's Laboratories have plummeted 22 per cent so far in calendar year 2022 (CY22)
The derivative analyst from HDFC Securities recommends buying Infy 1,600 Call and simultaneously selling 1,640 Call for the May expiry.
Qualcomm, Infina and Exim Bank also participated in the funding round for company that serves Indian security forces
India has become a battlefield for some global retail behemoths that are either shut out of China or are struggling to compete with local rivals there
The process runs unabated on a loop for large parts of the year, aided by online platforms
Eight of the top-10 most valued firms together lost Rs 2,21,555.61 crore from their market valuation last week, with Infosys and HDFC Bank suffering the biggest hit.