Tag Archives: current CEO of infosys

Infosys rewards investors by giving record 870% dividend for 2017-18

Global software major Infosys Ltd on Friday rewarded its investors with a record 870% aggregate dividend or Rs 43.50 per share of Rs 5 face value for fiscal 2017-18.

In a regulatory filing on the BSE, the city-based IT firm said its board had agreed to pay out a total dividend of Rs 33.50 per share (670%), including Rs 20.50 (410%) final dividend and Rs 13 (260%) interim dividend and a special dividend of Rs 10 per share (200%).

Dividend pay-out includes Dividend Distribution Tax (DDT).

The company’s investors or shareholders are promoters, including their families, foreign and Continue reading

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Salil Satish Parekh named new Infosys CEO & MD

BENGALURU: Salil Satish Parekh, who lost out to Vishal Sikka the last time Infosys was hunting for a new chief executive officer in 2014, has now been tasked with leading the company a little over four months after Sikka’s acrimonious exit, with chairman Nandan Nilekani and the board of India’s second largest outsourcing firm putting their faith in a technology industry experienced person of nearly three decades.

p.c. : HT

The appointment of Parekh, who Continue reading

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