Salil Parekh

The IT space has not seen a buyback from the top-tier names in the last two years, and both Wipro and TCS are eligible to come out with their own, thus Infosys' board decision a closely watched by market participants.

“Obituaries have been written many times”: Nandan Nilekani confident Indian IT and Infosys will thrive in the AI era

Nilekani brushed off concerns about keeping up with rapid shifts in technology, underlining that that human interaction, human collaboration, human relations will become even more important.

NR Narayana Murthy, Nandan Nilekani and Salil Parekh on the most important skill in the AI era

It's not every day that you get the doyens of Infosys together on one platform. A few weeks ago, Moneycontrol’s Chandra R Srikanth was in conversation with Infosys veterans Nandan Nilekani, NRN Murthy and Salil Parekh where they spoke about why the Indian IT industry cannot be written off, winning in the AI era and the skills that will help techies thrive. "I think there are many times in the past when such obituaries have been written. So, whenever there's a major technology shift or a major business model shift, people say that. But I'm very, very confident that in the current environment with the advent of AI, not only certainly at Infosys we can say that not only will we master this technology capability, but we’ll also actually use it to our advantage to again move forward and become even more critical to the world's technology needs" Nilekani said.

We Will Hire 20,000 College Graduates This Year: Infosys CEO Salil Parekh

Software major Infosys is upbeat about growth and hiring, even as its larger rival TCS said it will be letting go of over 12,000 employees. In an interview to Moneycontrol’s Chandra R Srikanth, Infosys CEO and MD Salil Parekh said the company is benefiting from consolidation decisions and is seeing demand for data, cloud and AI solutions. The company recently raised its growth forecast for FY26.

Infosys CEO Parekh says firm to continue its hiring plans even as rival TCS cuts jobs: Report

Salil Parekh said the company is focused on its reskilling program with around 275,000 already trained

Infosys grants ESOPs worth about Rs 50 crore to CEO Salil Parekh in FY25

Additionally, the Bengaluru-based company has granted 5,000 restricted stock units (RSUs) to eligible employees, which would vest equally over a period of four years.

AI offers productivity boost but IT needs to change business model: Leaders at Nasscom Tech and Leadership Forum

Infosys CEO Salil Parekh said the company has been able to generate revenue from Generative AI, which is expanding the market for newer projects. The company sees massive productivity boost from AI, CEO Salil Parekh added.

Davos 2025: Big firms expect more investment in tech, will drive large digital programmes, says Salil Parekh

Europe is focused on improving competitiveness, with Nordic countries, Spain and others already performing well, the Infosys CEO has said

Infosys CEO addresses questions on toxic work culture, stagnant salaries. What he said

Salil Parekh faced questions about Infosys' workplace environment, which has come under scrutiny following a series of controversies. Criticism began in 2023 when Infosys co-founder Narayana Murthy sparked backlash by advocating for a 70-hour workweek for young professionals.

Infosys to hire over 20,000 freshers in FY26, says CFO

Infosys CFO Jayesh Sanghrajka added that the company is on track to reach its FY25 target of hiring around 15,000 freshers.

Infosys 2022-batch onboarding delays: Dates changed but everyone with offer will join, says CEO

On August 20, Moneycontrol reported that nearly 2,000 freshers who were offered positions by Infosys in 2022 but have yet to be onboarded, according to individuals affected by the delay

Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil Parekh

India's GenAI market is projected to achieve a compound annual growth rate (CAGR) of over 24.4 per cent from 2023 to 2030, according to the Deloitte report, which also notes that is India poised to emerge as a global leader in AI innovation, leveraging GenAI to drive inclusive progress and sustainable development.

Infosys scouting for acquisitions; more buys matching 'in-tech' scale possible, says CEO Salil Parekh

Grant Thornton Bharat Dealtracker further said the merger and acquisition (M&A) activity during the second quarter saw 132 deals worth USD 6.2 billion, marking a slight increase in volumes but a substantial 50 per cent drop in values.

Infosys ADRs trade 9.5% higher as IT firm's Q1 results surpass estimates

The IT firm reported a 7% rise in first quarter net profit and raised its growth outlook for the current financial year

At Rs 66 crore, Infosys' Salil Parekh is second-highest paid CEO in industry

Parekh’s salary was next only to Wipro’s former CEO Thierry Delaporte who earned $20 million (about Rs 166 crore), which included a severance-related package of Rs 92.1 crore.

Discretionary spend still at Q4FY24 level, training 6 of 8 employees in gen AI: Infosys CEO Salil Parekh

The Bengaluru-based company also said it is working on 200 generative AI (Gen AI) projects.

3 million lines of codes generated by Infosys through LLMs in Gen AI is 'industry leading', says CEO Salil Parekh

Infosys CEO Salil Parekh said that all of the company’s service lines now include generative AI and the company has been building playbooks of how that can work.

Infosys board approves annual stock grants worth Rs 34.75 crore to CEO Salil Parekh

The grant, issued under the 2015 stock incentive compensation plan, includes annual performance-based stock incentives in the form of restricted stock units, according to the company statement

Infosys CEO Salil Parekh joins USISPF Board

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.

Infosys to roll out 80% average variable pay for Q2: Report

Employees who fall below the manager category and above entry levels will be eligible for this range of payout

Delays in decision-making, clients cutting back on spends: Why Infosys sees a bleak year ahead

CEO Salil Parekh said they see clients stopping or slowing down transformation programs and discretionary works — particularly in financial services in mortgages, asset management, investment banking and payments and in telecom.

Infosys slashes FY24 revenue guidance to 1-3.5%, profit increases 11% YoY

The IT major, which only reports the total contract value (TCV) of its large deals, reported a TCV of $2.3 billion, which is up from last quarter’s $2.1 billion.

TCS and Infosys AGMs: What Chandrasekaran, Nilekani said on AI, demand concerns

While both companies expect demand volatility and uncertainty in the short-term, they expect artificial intelligence to drive growth in the medium and the long term

Infosys handles 50 client projects using generative AI, says CEO Salil Parekh

Infosys Chairman Nandan Nilekani said that while there are several short-term issues with AI, it can be a force for good with the appropriate guardrails.