Infosys the IT services company, has appointed capgemini’s Salil S Parekh as CEO today. Salil S parekh has been serving as executive in capgemini. UB Pravin Rao will go back to his prior position as COO. Salil S Parekh was previously with Capgemini for 25 years and was till recently a member of the Group
In a late evening announcement on August 24th, Infosys said its board of directors has “unanimously” approved Nilekani’s appointment, terming him an iconic leader. Rest of the board has resigned so Nilekani can start from clean slate. Infosys faced a leadership crisis after first non-founder chief executive Vishal Sikka abruptly quit on August 18, blaming
RBI has issued 200 rs. note. Now note will helo to reduce the liquidity issues. The Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks.
RBI on Friday 18 august 2017 disclosed the new Rs 50 note in fluorescent blue colour and provided details of the new security highlights. New features added to the note is as below: Front side 1. See through register with denominational numeral 50, 2. Denominational numeral ५० in Devnagari, 3. Portrait of Mahatma Gandhi at
Infosys CEO Vishal Sikka has resigned today. As per his resignation email he resigned due to personal attacks and constant pressure. Sikka was joined Infosys as CEO in 2014. Founders were not happy with Vishal Sikka. Board was supporting him. But due to constant stress and allegations he has decided to resign. Share price went
Today Finance minister said that “India has finalised four tax rates that will apply to services including telecoms, insurance, hotels and restaurants under a new sales tax which should be rolled out on July 1,”. Milk and Food grains will get cheaper but cars will be too costly. GST which is new tax system will
Indian E-commerce giant Flipkart has changed its refund policy for many categories on the website,This change has been done based on the broad analytics based on the customer behaviour to optamize the performance of various categories. It may upset few of the FlipKart customers though. The country’s largest ecommerce marketplace no longer offers refunds on
Even after positive comment by Snapchat where it said it is grateful to Indian users still Indian users are upset with Snap chat. Indian users are giving negative rating for snapchat o in google play store and Apple app store. Market also reacted to this news and snapchat share fall 1.5%. It is a big change.
The stock market continued its downward trend for fourth consecutive session Tuesday, with the Sensex losing 382 points from day’s high. Global market also volatile as sudden UK election announcement. IT major TCS was down half a percent ahead of quarterly earnings due later today. Asian Paints, Tata Motors, Sun Pharma, ONGC, Bajaj Auto and Dr
After ban on the 500 and 1000 rs. notes by PM Modi on last Tuesday, everyone is questioning this decision. Also people are raising questions what would be the impact of the demonetisation. Here are 5 incidents which proves that the impact of this decision is very good. All black money of greedy people are