Salil Parekh sets 3-year target to stabilize, turn around Infosys - News Summed Up

Salil Parekh sets 3-year target to stabilize, turn around Infosys


Infosys CEO Salil S. Parekh and his senior management declined to clarify whether the three-year journey implied that Infosys will only start posting industry-matching growth from the third year. Photo: BloombergBengaluru: In his first formal address to investors as CEO of Infosys Ltd, Salil S. Parekh pledged to stabilize and turn around the fortunes of India’s second largest information technology services company in three years. And that will translate overall to a better Infosys,” Parekh told a gathering of analysts and investors in Mumbai. Parekh and his senior management declined to clarify whether the three-year journey implied that Infosys will only start posting industry-matching growth from the third year. According to experts and analysts tracking Infosys, Parekh’s three-year plan for Infosys sounds similar to the one that co-founder N.R.


Source: Mint April 23, 2018 19:18 UTC



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