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HDFC Capital raises $376 million under alternative investment fund for affordable housing; ADIA is primary investor

HDFC Capital, a subsidiary of top mortgage lender Housing Development Finance Corporation, has ra…

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Nandan Nilekani talks about Infosys' sucession plan

For the first time ever since the company began its operations, Infosys Chairman and Co-founder Nan…

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HDFC seals world’s largest social loan worth $1.1 billion for affordable housing

Mortgage lender HDFC Ltd on Friday announced the completion of a $1.1 billion syndicated social loa…

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1 min read

IT giant Infosys reappoints Salil Parekh as CEO and MD for next five years

Salil Parekh had successfully led the company over the last 4 years and he has been CEO and MD of I…

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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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HDFC to sell 10% stake in its private equity real estate firm to Abu Dhabi Investment Authority

HDFC, India’s largest private sector housing finance company, has entered into an agreement with Ab…

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The attrition at Infosys is worse than that at Wipro, Salil Parekh has increased hiring plan by 10,000

Attrition is used to describe the rate at which employees are leaving the company. “We continue …

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Income tax filing deadline for FY21 extended to December 31

The government has extended the deadline because of continuous technical glitches reported on th…

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3 mins read

Income Tax e-filing portal: Social media users call Infosys out after Finance Ministry summons its CEO Salil Parekh

Infosys had been awarded the contract to set up the new income tax portal. Since the launch of…

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Finance Ministry summons Infosys CEO over glitches in IT e-filing portal

The Ministry of Finance has summoned Infosys MD and CEO, Salil Parekh on Monday over continuing gli…

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Deepak Parekh, a legend from India’s financial capital, must be on your watchlist at Global Trends Festival 2020

A young chartered accountant from London had a plum job with Chase Manhattan when his charismatic u…

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3 mins read

Real estate: A significant contributor to the Indian economy

8% decline in unsold inventory in Mumbai in last quarter ushers the probability of price rise.

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Infosys plans to hire 25,000 freshers over the next 12 months — a 26% boost for campus hiring in India

Infosys hired around 19,000 freshers in the last 12 months, and going forward it plans to ramp up i…

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Infosys had a great year but CEO Salil Parekh expects the next one to be more than twice as good

The Bengaluru-based technology services giant has issued a revenue growth guidance of 12% to 14% fo…

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Will discuss distressed assets fund for realty with SBI: Parekh

"Similarly, we have to join and try to look for (real estate) stressed fund. I will talk to the SBI…

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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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1 min read

The Infosys clean-up under Salil Parekh seems to have come a full circle within 2 years

Salil Parekh was named the CEO of Infosys just in January last year was supposed to mark a ‘fresh…

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4 mins read

Why RBI should be answerable to court on basic financial sector principles: Parekh

The RBI's March 27 circular announcing moratorium was later modified on April 17 and May 23 by whi…

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Someone made a big bet that Infosys share will fall even before the whistleblower complaint against CEO Salil Parekh became public

The share price of Infosys fell over 10% on October 22 after a whistleblower complained of misgover…