Economy · India

Infosys names Ashiss Kumar Dash as CEO-designate, reports 12% profit rise

IT major Infosys announced Ashiss Kumar Dash as its CEO-designate, who will succeed Salil Parekh on April 1, 2027. Parekh's tenure, spanning over nine years, saw the company's revenue grow significantly. The company reported a 12% rise in net profit for the first quarter, though revenue growth was more modest. Dash's appointment is seen as a move towards continuity and leadership in AI.

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