Salil Parekh has been chief executive and managing director of Infosys since January 2018 India’s second largest software firm Infosys said on Sunday that its board has reappointed Salil Parekh as managing director and chief executive officer for five more years starting July, reposing trust in a leader who has turned around the company ever since he took over in January 2018. In a filing to exchanges on May 22, the company said, “The board in a meeting on May 21 approved the reappointment of Parekh subject to the approval of shareholders.” ESOPs to retain top talent The company has also rolled out performance-linked stock units to nearly 100 top executives amid rising attrition. The board has approved a grant of 104,000 shares to six key management personnel and another 375,760 shares to 88 other senior executives in a bid to retain leadership amid a war for tech talent. These performance stock units will be granted under the Infosys Expanded Stock Ownership … [Read more...] about Infosys reappoints turnaround artist Salil Parekh as boss, showers stock options on top execs
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By Amisha Munvar Since the era of internet began in the late 90s, we have witnessed tremendous transformation in the world of technology. We graduated from clunky floppy disks to CDs and DVDs. Today, we have a plethora of cutting-edge technology available at our fingertips, even as we move from hardware-led devices to virtual/augmented worlds and the Internet of Things. This blistering pace of technological evolution has been set by the agility in our thinking, the creativity in our design led/platform led strategy and a common ecosystem goal to revolutionise end-user experience. These aspects have also amalgamated to drive the explosion of automation we see everywhere around us today. Close We have evolved from typing on browsers to talking to devices for seeking information and services. Virtual assistance, text-to-speech and chatbot-based tools are assisting us in our routine activities, giving us time to accomplish more work in less time. This is a … [Read more...] about Automation: Driving the desire for intense learning in a future-ready environment
- A + A KUALA LUMPUR (May 23): Foreign investors continued to be net buyers last week but at a slower pace of RM26.15 million — from RM56.9 million the prior week. In its weekly fund flow on Monday (May 23), the MIDF Research team said local retailers turned net sellers, after five consecutive weeks of being net buyers, with net outflows of RM8.03 million last week. “Meanwhile, local institutions continued to be net sellers with a net selling position totalling RM18.12 million last week. “To date, international funds have been net buyers for 16 out of the 20 weeks of 2022, with total net inflows of RM7 billion,” it said. MIDF said they were net sellers last Tuesday and Wednesday at RM51.97 million and RM10.6 million respectively. It said local institutions were net buyers last Tuesday and Wednesday to the tune of RM57.68 million and RM13.23 million respectively. “The highest net selling was recorded last Friday at RM63.07 million, while the smallest net … [Read more...] about Foreign investors extended buying at slower pace of RM26m last week, says MIDF
Share to Twitter Share to Linkedin Job boards are great because they help you discover the latest opportunities, set up job alerts and use keywords to search for specific roles. But the problem is that thousands of people could be viewing these job adverts at the same time as you, so competition for these roles has become fierce. And more than half of jobs are filled before even reaching a job website. However, there is a solution. If you’re frustrated with endlessly trawling through job sites and never hearing back from recruiters, consider using speculative applications or networking instead. That way, you can sidestep job boards altogether and beat the competition. This strategy could help you to bag your dream job before it’s even been advertised. Create a list of target employers When sending speculative applications, the first thing you need to do is pull together a list of target employers. You may already have a few businesses in … [Read more...] about How To Get A Job Before Its Advertised
Share to Twitter Share to Linkedin An overwhelming number of U.S. registered voters say they support higher tariffs on goods imported from China. According to a poll released this week by Morning Consult, 73% of survey respondents said they support the U.S. government using trade remedies on China to protect U.S. industries and American workers with a similar high number — 71% — supporting the trade war tariffs imposed on $250 billion worth of China imports during the Trump administration. Even with inflation at levels not seen since the 1970s, American voters seem willing to force companies to import from elsewhere or make it locally instead. “I am not surprised by these numbers,” says Harsh Khurana, CEO of WeCultivate, a tech company funded in part by Mark Cuban , that works as a browser extension on Amazon AMZN to show consumers American-made products. “Tariffs hurt the American consumer more than they hurt China's manufacturing because the … [Read more...] about Sorry, China. Most Americans Support Higher Prices On Your Imports.
'We expect global edible oil stock levels to take time to recover due to expectations of a prolonged Ukraine-Russia war as well as disruption from adverse weather conditions,' said the analyst. (Photo by Reuters) - A + A KUALA LUMPUR (May 23): Affin Hwang Investment Bank on Monday (May 23) downgraded Sime Darby Plantation Bhd to "sell" (from "hold") as it cut its target price (TP) to RM4.20 (from RM4.95). Affin Hwang analyst Nadia Aquidah said in a note that she lowered her TP for Sime Darby Plantation after earnings forecast revisions and rolling forward her valuation horizon and applying a higher discount rate given that crude palm oil (CPO) prices had likely peaked and the potential risk of a reverse in foreign shareholdings. Meanwhile, she said Sime Darby Plantation’s core net profit of RM813 million (+62.3% year-on-year) for the first quarter ended March 31, 2022 (1QFY22) came in within her expectations. She made no changes to her FY22 core earnings per … [Read more...] about Affin Hwang downgrades Sime Darby Plantation, lowers target price to RM4.20