Bengaluru, July 22 -- When Infosys Ltd announced in May that it had acquired US-based MRE Consulting and Australian cybersecurity services firm The Missing Link for about $98 million, the idea was simple: to increase its footprint in two areas where investments flow from across India's $283 billion IT services industry.
For Salil Parekh, who completes eight years as Infosys's chief executive in January 2026, the concern is growing the IT services company whose order book has little to boast of.
Infosys ended 2024-25 with large deals worth $11.6 billion, down 34% year-on-year. This order book also lacked contracts valued above $1 billion, essential in filling an IT outsourcer's revenue coffers.
Still, analysts are confident of Parekh's ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.