salil parekh

 

Infosys shareholders approve Salil Parekh's appointment as CEO,MD

Feb 23 2018

As p[er results, 97.96% shareholders through physical ballot and electronic mode voted in favour of appointment of Parekh on Feb 20, 2018.

Digital now a critical element of the market: Infy CEO

Jan 12 2018

Underlining the huge potential of the digital business, Infosys CEO and MD Salil Parekh said it is a critical element of the market.

Will be there as long as I'm needed, not a day longer: Nilekani

Jan 12 2018

Infosys non-executive Chairman Nilekani expressed satisfaction at the progress made in bringing stability to the company, saying he will stay only "as long as required".

Infosys to release future roadmap in April: CEO Parekh

Jan 12 2018

Parekh said he will lay out strategic priorities for the company by April, for which a review is underway.

Infosys Q3 profit grows 38.3 percent to Rs 5,129 crore

Jan 12 2018

Infosys, India's second largest IT exporter reported 38.3 percent growth in consolidated net profit to Rs 5,129 crore for the October- December quarter of 2017-18 year.

Infosys: Ex-CFO pats Nandan for correcting wrongs over CEO pay

Jan 06 2018

Balakrishnan said it is important for the board to clearly articulate the performance metrics for the vesting of variable salaries to senior management.

Infosys CEO Salil Parekh will be paid a fixed salary of Rs 6.5 cr

Jan 04 2018

Infosys CEO Salil Parekh will be paid a fixed salary of Rs 6.5 crores and would be eligible for variable pay of Rs 9.75 crores at the end of the 2018-2019 fiscal year.

Parekh takes charge as Infy CEO, says excited to lead company

Jan 02 2018

In a video address to employees, Parekh is said to have emphasised that each worker has a role to play in this "world of continuous technology disruption".

Parekh as CEO is a huge positive for Infy: TV Mohandas Pai

Jan 02 2018

Parekh taking over as CEO is hugely positive for Infosys as he is a team builder who understands the business and changing market environment, says Pai.

Salil Parekh set to take over as Infosys CEO on Jan 2

Jan 01 2018

Salil Parekh is all set to take charge as Infosys CEO as the over USD 10 bn company looks to bring back the focus on revenue growth and business strategy.

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ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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