The whistleblower said a settlement as currently envisioned by Infosys would be a sad day for investors.
The Teaneck, New Jersey-headquartered company is one of the few large IT companies to provide a public goal for its Asia business.
The company said it would provide an update on completion of the confidential settlement process.
The founders’ role in the co tops the list of concerns among long-term institutional shareholders, among the reasons for Sikka’s resignation from Infy in August.
Parekh was one of the five global deputy CEOs at Capgemini and was seen as a one of the contenders to succeed Capgemini CEO Paul Hermelin when he retired.
Parekh will be expected to restore stability, stem the tide of senior management exits and return the $10 bn company to industry-level growth.
Under Nandan Nilekani, the board has found a CEO of services vintage in Salil Parekh to lead the company.
India will skip over 40 years of city growth and go straight to smart cities, says HPE CEO Meg Whitman
The Indian economy is growing. I think the work that your Prime Minister has done has made it an easier place to do business, said Whitman.
Tata Consultancy Services and Wipro are looking to adopt the new shorter and quicker delivery model at scale, rather than on selected projects.
At the end of this year, GE will contribute just 10% of Genpact’s revenue but the company has found digital-led transformation deals helped it grow.
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