#infosys

Times of India | Nandan Nilekani at 71: Steering Infosys through two critical successions AI generated summary, Read the full article for complete information. Nandan Nilekani, who turned 71 on Tuesday, is poised to be re‑elected as Infosys’s non‑executive chairman for a third consecutive term at the company’s upcoming annual general meeting. Since returning to the firm in 2017, Nilekani has overseen steady growth, taking revenue from $10.9 billion in 2017‑18 to over $20 billion in 2025‑26 (a CAGR of 8.3%) and boosting net profit from $2.5 billion to $3.3 billion, while maintaining relative stability compared with peers. Looking ahead, his challenges include finding a successor before he must step down at 75, navigating the impending transition of CEO Salil Parekh—who is already beyond the usual retirement age—and ensuring the board’s succession plan, highlighted by the recent appointment of former HUL chief Nitin Paranjpe as vice‑chairman, positions Infosys for an AI‑driven future. Analysts view the reinforced governance bench as a sign of mature, long‑term planning rather than crisis‑driven reaction. Read more: https://timesofindia.indiatimes.com/business/india-business/nandan-nilekani-at-71-steering-infosys-through-two-critical-successions/articleshow/131449978.cms #NandanNilekani #Infosys #VishalSikka #NitinParanjpe #SalilParekh #PhilFersht #NavnitSingh

Times of India | Nitin Paranjpe net worth: How much does the Hindustan Unilever Chairman earn? AI generated summary, Read the full article for complete information. Nitin Paranjpe, the non‑executive chairman of Hindustan Unilever Limited, has amassed his wealth over nearly four decades with the company, with 2026 estimates placing his net worth between ₹80 crore and ₹150 crore (≈ $10‑18 million). After joining Hindustan Lever in 1987 as a management trainee, he rose through roles such as CEO‑MD (earning about ₹9.74 crore in 2011‑12 and later surpassing ₹10 crore), COO, chief transformation officer, and global president before becoming chairman, and now earns board fees, commissions, retainers from board seats at Infosys and Heineken, advisory fees at Kedaara Capital, plus retirement benefits and financial investments. Known for a low‑key lifestyle, he owns property in India and maintains solid financial assets rather than flamboyant spending. Read more: https://timesofindia.indiatimes.com/etimes/trending/nitin-paranjpe-net-worth-how-much-does-the-hindustan-unilever-chairman-earn/articleshow/130672060.cms #NitinParanjpe #HindustanUnilever #Unilever #Infosys #Heineken

Times of India | Infosys names Nitin Paranjpe vice chairman; Nilekani says no chairman transition planned AI generated summary, Read the full article for complete information. Infosys announced that it has appointed Hindustan Unilever’s non‑executive chairman, Nitin Paranjpe, as a non‑executive vice chairman of its board with immediate effect; he also serves as non‑executive vice chairman of Heineken NV. The company said Paranjpe’s extensive leadership experience will help guide the board and its strategic agenda. Infosys chairman Nandan Nilekani added that he will remain chairman for as long as needed and that there is currently no plan for a chairman transition. Read more: https://timesofindia.indiatimes.com/business/india-business/infosys-names-nitin-paranjpe-vice-chairman-nilekani-says-no-chairman-transition-planned/articleshow/130640026.cms #Infosys #NitinParanjpe #HindustanUnilever #HeinekenNV #NandanNilekani

Times of India | Big reset: Top 5 Indian IT cos shed nearly 7K jobs in FY26, reversing FY25 gains AI generated summary, Read the full article for complete information. India’s five largest IT services firms—TCS, Infosys, Wipro, HCLTech and Tech Mahindra—collectively cut 6,981 jobs in FY 2026, reversing the net gain of 12,718 hires recorded in FY 2025. The pullback, driven by demand uncertainty, delayed decision‑making and AI‑enabled efficiency gains, marks a shift from the traditional headcount‑focused growth model to one that emphasizes outcomes and AI‑augmented productivity. While TCS led the reductions with 23,460 cuts, Tech Mahindra shed 1,108 jobs; the remaining firms trimmed staff more modestly, focusing hiring on AI‑native, problem‑solving talent in data, cloud, cybersecurity and other frontier technologies. Industry data shows overall IT employment in India plateaued at about 5.9 million, with growth now concentrated in specialized, domain‑focused roles and driven by expanding global capability centres. Analysts predict a move toward a “digital labour” model, targeting 20 % AI‑driven workforces within two years and higher revenue per employee, even as overall workforce numbers recede. Read more: https://timesofindia.indiatimes.com/technology/tech-news/big-reset-top-5-indian-it-cos-shed-nearly-7k-jobs-in-fy26-reversing-fy25-gains/articleshow/130517837.cms #TCS #Infosys #Wipro #HCLTech #PhilFersht #RayWang

Infosys to acquire US firms Optimum Healthcare IT for 465M USD and Stratus for 95M USD in all-cash deals. The healthcare consulting and insurance technology acquisitions will strengthen Infosys's healthcare and insurance verticals. https://economictimes.indiatimes.com/tech/information-tech/infosys-to-acquire-us-firms-optimum-healthcare-it-for-465-million-stratus-for-95-million/articleshow/129809363.cms #India #Tech #ITServices #Infosys

#Infosys chairman #NandanNilekani says #AI means organizations no longer have any excuse to retain legacy systems, but predicts the technology will also create more of them. The comments come alongside news of China's sword-wielding humanoid robots and Australian courts being swamped by AI filings. https://www.theregister.com/2026/02/23/asia_tech_news_roundup/?eicker.news #India #Tech #IndiaTech #Technews

#Infosys has partnered with #Anthropic to build enterprise-grade #AIagents, integrating Claude models into its Topaz AI platform for so-called "agentic" systems. The partnership comes as AI jitters rattle IT stocks. https://techcrunch.com/2026/02/17/as-ai-jitters-rattle-it-stocks-infosys-partners-with-anthropic-to-build-enterprise-grade-ai-agents/?eicker.news #India #Tech #IndiaTech #Technews

Infosys partners with ExxonMobil to deploy advanced data centre immersion fluids for efficient AI infrastructure cooling. The collaboration will develop high-performance cooling systems to meet growing AI and HPC workload demands. https://economictimes.indiatimes.com/tech/information-tech/infosys-to-deploy-exxonmobils-data-centre-fluids-for-efficient-cooling-of-ai-infra/articleshow/128256286.cms #India #Tech #News #Infosys #AI