Infosys co-founder NR Narayana Murthy on Friday called out the current crop of entrepreneurs for not taking initial public offerings (IPOs) seriously and not treating investors’ savings with respect. The IT veteran said: “IPOs have somehow been taken as a surrogate for the next round of financing. I think that’s not a good thing because […]
Infosys on Sunday said that its board of directors has reappointed Salil Parekh as CEO and MD for another five years. Parekh’s new term comes into effect from July 1, 2022 until March 31, 2027. The company said that shareholders’ approval is being sought for his reappointment. Parekh has been the CEO and managing director […]