Times of India | Nitin Paranjpe net worth: How much does the Hindustan Unilever Chairman earn?

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Nitin Paranjpe, the non‑executive chairman of Hindustan Unilever Limited, has amassed his wealth over nearly four decades with the company, with 2026 estimates placing his net worth between ₹80 crore and ₹150 crore (≈ $10‑18 million). After joining Hindustan Lever in 1987 as a management trainee, he rose through roles such as CEO‑MD (earning about ₹9.74 crore in 2011‑12 and later surpassing ₹10 crore), COO, chief transformation officer, and global president before becoming chairman, and now earns board fees, commissions, retainers from board seats at Infosys and Heineken, advisory fees at Kedaara Capital, plus retirement benefits and financial investments. Known for a low‑key lifestyle, he owns property in India and maintains solid financial assets rather than flamboyant spending.

Read more: https://timesofindia.indiatimes.com/etimes/trending/nitin-paranjpe-net-worth-how-much-does-the-hindustan-unilever-chairman-earn/articleshow/130672060.cms

#NitinParanjpe #HindustanUnilever #Unilever #Infosys #Heineken

Times of India | Infosys names Nitin Paranjpe vice chairman; Nilekani says no chairman transition planned

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Infosys announced that it has appointed Hindustan Unilever’s non‑executive chairman, Nitin Paranjpe, as a non‑executive vice chairman of its board with immediate effect; he also serves as non‑executive vice chairman of Heineken NV. The company said Paranjpe’s extensive leadership experience will help guide the board and its strategic agenda. Infosys chairman Nandan Nilekani added that he will remain chairman for as long as needed and that there is currently no plan for a chairman transition.

Read more: https://timesofindia.indiatimes.com/business/india-business/infosys-names-nitin-paranjpe-vice-chairman-nilekani-says-no-chairman-transition-planned/articleshow/130640026.cms

#Infosys #NitinParanjpe #HindustanUnilever #HeinekenNV #NandanNilekani

Times of India | Big reset: Top 5 Indian IT cos shed nearly 7K jobs in FY26, reversing FY25 gains

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India’s five largest IT services firms—TCS, Infosys, Wipro, HCLTech and Tech Mahindra—collectively cut 6,981 jobs in FY 2026, reversing the net gain of 12,718 hires recorded in FY 2025. The pullback, driven by demand uncertainty, delayed decision‑making and AI‑enabled efficiency gains, marks a shift from the traditional headcount‑focused growth model to one that emphasizes outcomes and AI‑augmented productivity. While TCS led the reductions with 23,460 cuts, Tech Mahindra shed 1,108 jobs; the remaining firms trimmed staff more modestly, focusing hiring on AI‑native, problem‑solving talent in data, cloud, cybersecurity and other frontier technologies. Industry data shows overall IT employment in India plateaued at about 5.9 million, with growth now concentrated in specialized, domain‑focused roles and driven by expanding global capability centres. Analysts predict a move toward a “digital labour” model, targeting 20 % AI‑driven workforces within two years and higher revenue per employee, even as overall workforce numbers recede.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/big-reset-top-5-indian-it-cos-shed-nearly-7k-jobs-in-fy26-reversing-fy25-gains/articleshow/130517837.cms

#TCS #Infosys #Wipro #HCLTech #PhilFersht #RayWang

Welcome to Computing's weekly roundup of tech news in Asia. This time we look at giant sporting steps taken by Asian robots, Infosys’ shares slide, and Singapore’s efforts to standardise AI governance.

https://www.computing.co.uk/news/2026/ai/first-they-came-for-the-lawyers-then-the-runners-asian-tech-roundup?utm_source=mastodon_org&utm_medium=post&utm_campaign=Apr_asiantech

#robot #technews #china #india #infosys #singapore #asiantech #asia #ai

Times of India | Infosys Q4 FY26 results: Net profit up 21% to Rs 8,501 crore; check details

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Infosys reported a 20.8 % rise in consolidated net profit to ₹8,501 crore for the Jan‑Mar quarter, with revenue up 13.4 % YoY to ₹46,402 crore; for FY 2025‑26 the company posted a 10.2 % profit increase to ₹29,440 crore and a 9.6 % revenue rise to ₹1,78,650 crore. Management guided FY 27 revenue growth of 1.5‑3.5 % in constant‑currency terms, citing strong performance in financial services, utilities, AI offerings and Europe, while noting a temporary slowdown due to Iran‑related geopolitical tensions that are now stabilising. The workforce stood at 3,28,594, a sequential drop of 8,440 but a YoY increase of 5,016, with over 20,000 fresh graduates hired in FY 26 and a similar hiring target for FY 27. Shares slipped about 2 % on the BSE, and U.S. ADRs fell roughly 5 % in pre‑market trading, as peers also flagged a volatile macro environment.

Read more: https://timesofindia.indiatimes.com/business/india-business/infosys-q4-fy26-results-net-profit-up-21-to-rs-8501-crore-check-details/articleshow/130473354.cms

#Infosys #HCLTech #JayeshSanghrajka #BSE #AmericanDepositary

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Bloomberg Technology | Infosys Sales Forecast Trails Estimates as IT Demand Sputters by Sankalp Phartiyal

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Infosys Ltd. expects its revenue to grow only 1.5‑3.5 % in the fiscal year ending March 2027 on a constant‑currency basis, falling short of analysts’ 4.9 % forecast, as global enterprises scale back spending on large IT projects amid heightened geopolitical and economic uncertainty. The company’s subdued outlook reflects a broader slowdown in IT demand, according to a statement released on April 23 2026 and reported by Sankalp Phartiyal.

Read more: https://www.bloomberg.com/news/articles/2026-04-23/infosys-sales-forecast-trails-estimates-as-it-demand-sputters

#Infosys #nse:info

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Many outside India’s IT sector believe it’s facing a moment of reckoning. But Indian IT czars insist all is well and that the sector will adapt to AI. But the bigger question is what is at stake for India either way. Today's HT Number Theory looked deeper into what the numbers show.

Read on HT app: https://www.hindustantimes.com/editors-pick/the-importance-of-it-sector-in-indias-labour-market-number-theory-101771816476620.html

#India #IT #ITSector #Tech #MastIndia #AI #GenAI #Outsourcing #BPO #TechSector #TCS #Infosys #DataViz #Economy