Friday, 24 March, 2023

Infosys' Salil Parekh salary jumps 88% to ₹79 cr per annum

<p>Salil Parekh has been reappointed as the company&#39;s CEO and MD, with his term beginning on July 1, 2022, and ending on March 31, 2027. According to the company&#39;s latest annual report, Parekh&#39;s salary has been increased by 88 % to 79.75 cr each year. Only 11 cr is fixed, while the remaining 68.75 cr is contingent on performance. In comparison, TCS CEO Rajesh Gopinathan received a total pay of Rs 25.8 cr in FY22.</p>