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1 min read

Infosys hikes CEO Salil Parekh's salary by 88% to ₹79.75 crore per annum

This makes him one of the highest paid executives in India. The company provided the sharp hike …

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5 mins read

IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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3 mins read

Margin recovery likely an uphill task for Infosys after Q1 shock

India’s second largest IT services company Infosys reported a sequential decline in its net profit …

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2 mins read

Unlike TCS, Infosys wants to remain flexible on WFH

Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…

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Infosys reportedly plans to reduce the number of managers— the CEO and COO got over 25% salary raise in FY20

Infosys is undergoing a major structural rejig across the senior management — which accounts for ne…

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3 mins read

Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes

The March quarter earnings season will begin next week with the results of major information techno…

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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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5 mins read

Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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December quarter likely to be a weak one for the IT sector – Infosys amongst top analyst picks

As India’s largest IT company, Tata Consultancy Services (TCS) gets ready to kick off the earnings …

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TCS has 100 people earning over ₹10 million-- and a third of them started their careers in the company

Homegrown IT major Tata Consultancy Services(TCS) reportedly extended nearly ₹10 million in annual …

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Not only employees, CEOs of Genpact, Infosys, etc are also taking home fewer bonuses. Here’s why

For instance, Genpact CEO NV Tyagarajan was paid $700,000 out of a 2016 target bonus of $1.1…

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IT CEOs take home thousand times a maiden employee’s salary

The shareholders at TCS and Infosys have already begun questioning the payments of these CEOs, whic…

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Cognizant Technology exceeded growth targets by 21% last year, and rewarded its top executives like they do in dreams

The last financial year resulted in the company exceeded its 2015 target with a 21% increase in rev…

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Infosys founders Vs board: Here’s what CEO Vishal Sikka said in COO Pravin Rao's defence

Meanwhile, Infosys stated the stock given to Rao has a vesting period of four years. This means the…

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5 mins read

Overall demand scenario not changed significantly but Europe is a problem says TCS CEO

“Europe is a problem and the US whether it's a problem or not, time will tell. The overall demand s…

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2 mins read

COVID-19: We'll come out stronger from this situation, says Infosys CEO

"While I don't have a timeline for how long this is going to take...our objective is given our str…

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Wipro’s Abidali Neemuchwala receives $1.8 million as salary

Last year, Kurien received a salary package of $1.5 million.

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5 mins read

Ashneer Grover writes to BharatPe calling out CEO’s behaviour on LinkedIn, demands Rajnish Kumar’s resignation

Ashneer Grover — the former founder, managing director and chief executive officer (CEO) of BharatP…

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2 mins read

Infosys is being 'stingy' with its salary hikes. Employees clearly unhappy about it!

For the 2014-15 financial year, Infosys employees on an average have been handed out hikes of aroun…

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Infosys CEO Vishal Sikka rakes in $7.45 million in salary this year

Sikka's salary, which compared favorably against other top IT CEOs such as N Chandrasekaran of TCS …