Salil Parekh | Business Upturn

Infosys to acquire Optimum Healthcare IT to boost digital transformation in healthcare

Yash Agarwal — Wed, 25 Mar 2026 16:57:09 +0000

Infosys, a global leader in digital services and consulting, has announced a definitive agreement to acquire Optimum Healthcare IT, a recognised leader in healthcare digital transformation and consulting. This acquisition is aimed at enhancing Infosys‘ capabilities in the healthcare sector by leveraging Optimum’s deep domain expertise and proven delivery model.

The acquisition underscores Infosys’ commitment to strengthening its healthcare capabilities, particularly in collaboration with health systems and provider organisations. Optimum Healthcare IT, known for its expertise in driving large-scale transformations, will now provide Infosys with new clients, expanded technology capabilities, and synergies across new buying centres. This strategic move is expected to significantly enhance Infosys’ presence in the provider segment.

Salil Parekh, Chief Executive Officer of Infosys, highlighted the strategic fit of Optimum Healthcare IT within Infosys’ broader offerings. He stated, “Optimum Healthcare IT has established a strong position in the healthcare sector by consistently delivering measurable outcomes through deep domain expertise and trusted client engagements. By bringing together Optimum’s provider experience with Infosys Topaz and Infosys Cobalt, we are positioned to create a differentiated value proposition for healthcare providers.”

Gene Scheurer, Chief Executive Officer and Co-Founder of Optimum Healthcare IT, expressed enthusiasm about the partnership, noting that Infosys’ global scale and long-term investment will accelerate AI and digital-led growth for Optimum. The acquisition will allow Optimum to expand its offerings while maintaining its focus on execution, collaboration, and quality.

The transaction is expected to close during the first quarter of FY 2027, subject to regulatory approvals and completion of closing conditions. Optimum Healthcare IT’s capabilities in health record advisory, implementation, and support will further strengthen Infosys’ healthcare portfolio, advancing AI-led, large-scale cloud and data transformation initiatives for healthcare providers.

Optimum Healthcare IT is an Elite ServiceNow partner and has received the 2026 ServiceNow Partner of the Year Award. It is also a Premier AWS partner, Workday Services partner, and a Microsoft Azure partner.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Infosys recognised among 2026 World’s Most Ethical Companies by Ethisphere

Business Desk — Wed, 18 Mar 2026 12:54:30 +0000

Infosys has been recognised as one of the 2026 World’s Most Ethical Companies® by Ethisphere, marking the sixth consecutive year the company has received this honour. Ethisphere, a global leader in defining and advancing the standards of ethical business practices, evaluates companies based on the Ethisphere Ethics Quotient®, which includes 240 proof points on the culture of ethics, environmental, social, and governance (ESG) practices, and more.

In 2026, 138 companies from 17 countries and 40 industries were recognised. Infosys stands out as one of the select honorees in the technology industry, reflecting its commitment to business integrity through robust ethics, compliance, and governance programmes.

Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair, congratulated Infosys, stating, “As we mark the 20th class of honorees, this group continues to raise the bar for business integrity by embedding ethics into everyday decision-making and long-term strategy. Companies with strong ethics, compliance, and governance programs are built for better long-term performance.”

Salil Parekh, Chief Executive Officer and Managing Director of Infosys, expressed pride in the recognition, highlighting the company’s focus on strong corporate governance, ethical conduct, and responsible business practices. Parekh emphasised that trust, transparency, and accountability are foundational to delivering meaningful impact at scale, as Infosys helps clients unlock AI value.

The World’s Most Ethical Companies assessment is grounded in Ethisphere’s proprietary Ethics Quotient®, requiring detailed documentation on practices supporting robust ethics and compliance, including corporate governance, training, risk management, and environmental and social impact.

For a complete list of this year’s honorees, visit the World’s Most Ethical Companies website.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Infosys CEO to get Rs 79 crore per annum as salary

News Desk — Thu, 26 May 2022 07:20:26 +0000

Infosys CEO Salil Parekh’s remuneration at has been increased by 88 percent to 79.75 crore each year, according to the company’s latest annual report. Only 11 crore is fixed, while the remaining 68.75 crore is contingent on performance.
In comparison, Tata Consultancy Services Ltd (TCS) CEO Rajesh Gopinathan received a total pay of Rs 25.8 crore in FY22.

Parekh has been reappointed as CEO and MD of the firm. With his term beginning on July 1, 2022, and ending on March 31, 2027. Surprisingly, average raises at Indian IT services companies range from 4 to 8%.

According to Infosys, the company’s total shareholder return (TSR) increased by 314 percent under Salil’s leadership, which was far higher than the TSR (in rupee terms) of benchmark indices Nifty at 77 percent and S&P 500 at 117 percent.

“The company’s market capitalization increased during his tenure by about ₹5,77,000 crore (about $69 billion). In comparison, during the preceding four-year period, prior to the appointment of Salil. The company’s TSR was 30% as compared to the peers’ median TSR of 47%. The revenue growth of the company under Salil’s leadership has accelerated and grown from ₹70,522 crore (fiscal 2018) to ₹1,21,641 crore (fiscal 2022), a CAGR of 15% (prior four years CAGR 9%) and the profits have also increased from ₹16,029 crore to ₹22,110 crore,” Infosys said.

“These results were delivered under the Navigating your Next strategy, led by Salil, comprising scaling digital revenue, accelerating the core, localization and reskilling, which has resulted in an increased market share in a highly competitive environment,” Infosys said.

Infosys ‘s “Market Differentiating” Strategy

Infosys claimed it had executed its “market-differentiating” strategy under Parekh’s leadership by more than doubling the share of digital revenue from 25.5 percent in fiscal 2018 to 57.0 percent in fiscal 2019. (fiscal 2022). For the four-year period from FY 2019 to FY 22 it has inked significant transactions worth almost $39 billion.
“We are starting to see inflation across several markets in the world, interest rate increases. With the European conflict. And continuing COVID-19 impact in some geographies creating supply chain constraints. While our demand outlook is strong. We remain vigilant to ensure we are agile and evolve our approach with the changing dynamics”. Parekh said in a letter to shareholders.

Zomato public issue gets welcomed by Infosys CEO Salil Parekh

Vaibhav Agrawal — Wed, 14 Jul 2021 15:00:44 +0000

According to a report by Moneycontrol, Salil Parekh, Chief Executive Officer of Infosys said on 14th July that along with giving a boost to technology business and innovation which is coming out of India, the success of internet initial public offerings like Zomato is incredible.

During the announcement of the company’s first-quarter results, commenting on the Internet initial public offerings in the nation, Parekh said that although many of these companies are based on technology, it is incredible to see the success of and also the way they leverage it in the digital ecosystem.

By wishing them the best of luck in what they were building, he also mentioned that it was impressive to witness what these companies are crafting.

As the offer has been oversubscribed on the first day of the bidding process itself, Parekh’s comment comes on the day of Zomato successful initial public offer. For a public listing in India apart from Zomato, Mobikwik, Nykaa, Delhivery, Paytm and Policybazaar also firming up plans.

Mentioning that high-risk capital is pretty good news while also being a sign of maturity of the Indian capital market, the upcoming internet IPO in India was welcomed by TCS chief executive officer, Rajesh Gopinathan in the previous week.

Gopinathan father added by stating that leading to a significant positive impact, as it will feed innovative capacity in the ecosystem, the fact that it is available is very good news although it is a high-risk capital.

Infosys net profit rises to 16.6% in Q3

Ruchira Sonawat — Wed, 13 Jan 2021 11:36:24 +0000

Infosys, on Wednesday, reported a 16.6% year-on-year rise in the net revenues going up to ₹5,197 crore for December quarter. Gross revenue rose to 12.3% year-on-year to ₹25,927 crore for the quarter.

Commenting on the Q3 earnings, CEO Salil Parekh said, “The Infosys team has delivered another quarter of excellent results. Execution of client relevant strategy focused on digital transformation continues to drive superior growth, well ahead of the industry. The scale of new client partnerships with leading global companies such as Vanguard, Daimler and Rolls-Royce demonstrate the depth of digital and cloud capabilities of Infosys. The commitment and skills of our employees to support and drive the digital journey of clients are matters of great pride for me.”

Infosys raised FY21 revenue growth guidance to 4.5%-5.0% in constant currency while increasing operating margin guidance to 24.0%-24.5%.

The company said its Q3 operating margin stood at 25.4%, an increase of 350 bps over the same period last year. The IT major also raised revenue and margin guidance band to 4.5-5%, and 24-24.5%, respectively, on the back of continued strong performance.

Q3 revenues grew year-on-year by 8.4% in USD; grew by 6.6% in constant currency. Digital revenues cross 50% of total revenue, year-on-year growth of 31.3% in constant currency. Q3 net profit at $705 million, year-on-year growth of 12.6%. Continued strong Q3 free cash flow at $772 million, year-on-year growth of 15.1%; FCF conversion at 109.0% of net profit.

Infosys: COVID-19 threats company’s future profitability, 27% hike in CEO’s compensation

Nishi Trivedi — Sun, 31 May 2020 13:21:00 +0000

Infosys said that owing to the pandemic-induced shutdown, the company has faced extreme slowdown. Moreover, it expects a hit on its profit in months to come. The firm’s CEO, Salil Parekh’s total compensation increased by 27% annually to 6.1 million dollars in the current fiscal. This is as per the form 20F filed by the company with the US Securities and Exchange Commission (SEC).

The multinational company pointed out that its future profits might face the brunt as clients purse for discounts owing to the COVID-19 outbreak. “Our profitability may be marginally impacted as some clients have sought price reductions or discounts. Lower profitability and prolonged payment terms requests from clients can impact our cash flows negatively and may impact our ability to provide dividends to shareholders,” the company said in the filing.

The firm said that it suffered unsuspected expenses to ensure hygienic workplaces for the employees and providing them work from home options. Moreover, it sustained additional costs in attaining and installing hardware assets, technology infrastructure, and data connectivity charges for distant working.

While several risks occurred, the filing stated that other risks related to COVID-19 may materialize in the future. “Our exposure to cybersecurity and data privacy breach incidents may increase due to a large number of employees working remotely. This in turn can hinder our ability to continue services and/or operations, impacting revenue, profitability, and reputation,” it added.

In addition, it said owing to the remote working situation it may affect employees’ productivity. Moreover, if after reopening any employee test positive for COVID-19, it will stop the operations.

Further, Infosys raised concerns on threats caused by climate change across industry sectors in which its clients operate.