New Delhi, Feb 21 (IANS) Leading industry leaders, during the ‘AI Impact Summit 2026’, examined whether AI agents are fundamentally disrupting the traditional software-as-a-service (SaaS) models, and cautioned against oversimplification.Addressing speculation around the future of SaaS, Arundhati Bhattacharya, Chairperson and CEO of Salesforce India, said that markets will say a lot of things, and not all of it comes true.“When you talk about the SaaS model, it’s not only about vibe codin…
Latest Salil Parekh News & Updates
New Delhi, Feb 17 (IANS) Tech giant Infosys on Tuesday announced a partnership with US AI company Anthropic to develop and deliver advanced enterprise AI solutions across telecommunications, financial services, manufacturing, and software development sectors.The partnership will combine Infosys Topaz with Anthropic’s Claude models, including Claude Code, to automate complex workflows, accelerate software delivery and build agentic AI solutions across industries, Infosys said in a statement.The…
New Delhi, Jan 20 (IANS) Some prominent Indian CEOs from India are likely to join a select group of 146 global corporate leaders for a meeting with US President Donald Trump at the World Economic Forum (WEF) meeting in Davos on Wednesday.India’s tech and industrial leaders, including Tata Sons Chairman N. Chandrasekaran, Wipro CEO Srini Pallia, Bharti Enterprises Founder Sunil Bharti Mittal and Infosys CEO Salil Parekh, are set to attend the high-level session during the WEF, according to a re…
Mumbai, Jan 14 (IANS) Infosys CEO and Managing Director Salil Parekh on Wednesday denied claims that any Infosys employee was detained or deported by US authorities, responding to a viral post on social media that created widespread concern.Speaking during the company’s Q3 earnings conference, Parekh clarified that no Infosys employee has been apprehended by the US Immigration and Customs Enforcement.He said that a few months ago, one employee was denied entry into the US and was sent back to …
Mumbai, Jan 14 (IANS) IT major Infosys on Wednesday reported a decline in its consolidated net profit for the October–December quarter (Q3 FY26), mainly due to the impact of the Indian government’s recent Labour Code norms.Infosys said its consolidated net profit fell 2.2 per cent year-on-year (YoY) to Rs 6,666 crore in the third quarter, compared with Rs 6,822 crore in the same period last financial year (Q3 FY25).On a quarter-on-quarter (QoQ) basis, profit dropped sharply by nearly 9.6 per…