After TCS share price steals spotlight, Infosys CEO Salil Parekh unveils road map ahead

In a detailed presentation to analysts, Infosys CEO and MD Salil Parekh said the company is betting on growth with strategic investments and "will invest in inorganic moves to expand client relevance". This comes in wake of rival Tata Consultancy Services Q4 being announced, which caused TCS share price to zoom and enter the $100 bn club, although it closed short of that mark today

After TCS share price steals spotlight, Infosys CEO
Key investments by Infosys will also focus on enhancing company's capabilities and increasing localisation efforts, Salil Parekh said, adding that it will return up to 70 % of free cash flow, as part of a "capital allocation" plan. Image source: YouTube

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