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Stock impact report

UPDATE 1-Growth, healing: New CEO faces twin tests at India's Infosys [Reuters]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Reuters
UPDATE 1-Growth, healing: New CEO faces twin tests at India's Infosys | Reuters Reuters Staff 4 Min Read (Recasts, adds analyst comment, share price move) By Sankalp Phartiyal and Euan Rocha MUMBAI, Dec 4 (Reuters) - Investors on Monday cheered the appointment of Infosys Ltd’s new chief executive, in hopes the Indian IT services firm can move past a costly boardroom spat, though questions remain over how the new boss will navigate strained corporate ties internally. After well over a decade with Capgemini, Salil Parekh is returning to India to head Infosys, where he is tasked with reinvigorating growth, while keeping the peace. Parekh joins Infosys, historically a bellwether of India’s $154 billion IT services sector, as it attempts to heal following a nasty public spat between its board and founders that led to the dramatic exit of its previous CEO, Vishal Sikka, in August. Shares in Infosys rose nearly 4 percent on Monday following Parekh’s appointment as markets welcomed the board’ Show less Read more
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