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Infosys says Covid-19 related risks could hit profitability, CEO compensation jumps 27%

Infosys says Covid-19 related risks could hit profitability, CEO compensation jumps 27%
Infosys has withdrawn its growth guidance for the first time citing uncertainties in clients’ business in the wake of the pandemic. The company said in the filing that some of the specific “consequent risks related to the occurrence of Covid-19 that have materialized” include delay and suspension of some existing services projects.

from Tech-Economic Times https://ift.tt/36PA0iP

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May 31, 2020 at 12:56PM
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