Rajesh Gopinathan

The IT services industry continues to be the top CEO paymaster in India despite business headwinds in the past two years, going by FY23 numbers when seven out of the 10 highest earning CEOs in the country were from this sector.Their salaries ranged from Rs 29 crore to Rs 82 crore, an ET analysis of data from BSE 500 companies showed.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM LucknowIIML Executive Programme in FinTech, Banking…

Last fiscal’s weak Q4 and muted revenue-growth projects of top IT companies are reflected in the pay packages of C-suite executives. Wipro chairman Rishad Premji and CEO Thierry Delaporte have taken 50% and 5% pay cuts on year respectively while the salary of Infosys CEO Salil Parekh was 21% lower. TCS’ former CEO Rajesh Gopinathan, however, had got a pay hike. Learning hours is a key indicator for top IT companies which shows the degree of reskilling and upskilling of their workforce. ETtechExperts say this could fall…

India’s largest software services company Tata Consultancy Services (TCS) will see a change of guard this week as its chief for six years Rajesh Gopinathan steps down and K Krithivasan takes charge as chief executive and managing director on June 1.The outgoing CEO wished him success in a farewell note where he thanked all colleagues for their support over the last six years, in a note to employees on Monday.During over a 33-year-long tenure at TCS, Krithivasan has held various leadership roles in delivery, customer…

The UK market is currently the most vibrant while Europe and America are where the most uncertainties exist, said Rajesh Gopinathan, outgoing CEO of TCS in an interview with ET’s Romita Majumdar & Surabhi Agarwal. Speaking about his reaction to the reasons being attributed for his quitting, he said “TCS is the second largest listed IT firm in the world, this is a public role. So whatever you do will get scrutinised.” He said he has given an explanation for his quitting and beyond that “people are free to imagine”…

India’s largest software services firm Tata Consultancy Services (TCS) is in no hurry to amend the new organisational structure put in place last year, its CEO Designate K Krithivasan said on Wednesday. He added that the new structure which was put in place by the outgoing CEO & MD Rajesh Gopinathan was “put in place with a lot of internal deliberations.”“I will meet with all customers and make a reference list, if there's any tweak required, we will do it appropriately. So, there's no rush to do it now,” said…

Happy Monday. Byju’s has held discussions to pay higher interest rates to its lenders for the $1.2 billion loan the company picked up in November 2021, per sources in the know. This and more in today’s ETtech Morning Dispatch. Also in this letter:■ Livspace fires nearly 50% tech, product staff■ Generative AI – an unfolding opportunity and challenge■ Microsoft’s big AI pushExclusive: Byju’s offers to pay higher interest rate on $1.2 billion loan Hi Digbijay here in Bengaluru. Byju's picked up a TLB (term loan B) of $1.2…

A new operating model mooted last year by outgoing chief executive of Tata Consultancy Services (TCS) Rajesh Gopinathan may have caused ‘unrest’ among some employees of the country’s largest software services exporter, several sources in the company and industry experts told ET. The link between the restructuring and Gopinathan’s sudden exit, however, cannot be clearly established, analysts and insiders said. In a surprise move, Gopinathan announced his resignation from the company after a six year stint as CEO and a 22­…

India’s largest IT services company TCS made an unexpected announcement on Thursday evening that its CEO Rajesh Gopinathan has resigned and K Krithivasan will succeed him as the next MD & CEO of the company.The outgoing CEO Gopinathan said the decision to quit had taken centre stage for him a couple of months back even as he initiated definitive discussions with the board and chairman about a week ago.Krithivasan will take over the role in the next financial year, with the effective date of his succession to be…

Big shake up in India's IT sector: Top bosses of TCS, Infosys resign amid recession fears - The Economic Times Video | ET NowET Online | 18 Mar 2023, 05:06 PM ISTOver the past five months, India's IT industry has been seeing changes with top bosses quitting their jobs. The changes come amid warnings of a global recession that may heavily impact these companies.To see your saved stories, click on link hightlighted in boldBig shake up in India's IT sector: Top bosses of TCS, Infosys resign amid recession fears - The…

tcs: TCS leadership change: All about Rajesh Gopinathan's exit and CEO-designate K Krithivasan - The Economic Times Video | ET NowET Online | 17 Mar 2023, 10:40 PM ISTIndia’s largest IT services company TCS made an unexpected announcement on Thursday evening that its CEO Rajesh Gopinathan has resigned and K Krithivasan will succeed him as the next MD & CEO of the company. Here's all about Rajesh Gopinathan's exit and CEO-designate K Krithivasan. Watch!To see your saved stories, click on link hightlighted in bold…