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Infosys loses 1,908 employees in Q1FY25: What CEO Salil Parekh said

Biju Kumar
By Biju KumarJuly 19, 2024

Infosys topped quarterly results estimates on Thursday as a recovery in demand from clients in its mainstay financial services business helped, prompting India’s second-largest IT services firm to raise its yearly revenue forecast.

“We had a very strong first quarter that is specifically focussed on volumes of financial services in the US,” Chief Executive Salil Parekh said at a post-earnings conference.

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