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TFNSTRETEICT1100 availability - AS-TFNSTRETEICT1100-FTX100 Finacle Treasury Technical Updated: 2024

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Exam Code: TFNSTRETEICT1100 AS-TFNSTRETEICT1100-FTX100 Finacle Treasury Technical availability January 2024 by Killexams.com team

TFNSTRETEICT1100 AS-TFNSTRETEICT1100-FTX100 Finacle Treasury Technical

Exam Detail:
The TFNSTRETEICT1100 (AS-TFNSTRETEICT1100-FTX100) exam is a technical certification exam focused on the Finacle Treasury module. It is designed for individuals who work with or aspire to work with Finacle Treasury, a comprehensive solution for treasury operations in financial institutions. Here are the exam details for TFNSTRETEICT1100:

- Number of Questions: The exact number of questions may vary, but the exam generally consists of multiple-choice questions and scenario-based questions.

- Time Limit: The time allocated to complete the exam may vary, but typically ranges from 90 minutes to 120 minutes.

Course Outline:
The course outline for the TFNSTRETEICT1100 exam covers the following topics:

1. Introduction to Finacle Treasury:
- Overview of Finacle Treasury module and its key features.
- Understanding the role of treasury management in financial institutions.

2. Financial Instruments:
- Understanding different types of financial instruments and their characteristics.
- Managing financial instruments in Finacle Treasury, including bonds, derivatives, and money market instruments.

3. Treasury Operations and Risk Management:
- Managing cash positions, liquidity, and funding requirements.
- Risk management in treasury, including market risk, credit risk, and operational risk.
- Managing treasury limits and exposures.

4. Treasury Deal Processing:
- Deal capture and processing for various treasury products.
- Trade lifecycle management in Finacle Treasury.
- Settlement processes and accounting entries.

5. Treasury Reports and Analytics:
- Generating and analyzing treasury reports, including position reports, P&L reports, and risk reports.
- Utilizing analytics tools and features in Finacle Treasury.

Exam Objectives:
The objectives of the TFNSTRETEICT1100 exam are as follows:

- Assessing candidates' knowledge of Finacle Treasury module and its functionalities.
- Evaluating candidates' understanding of financial instruments and their management within Finacle Treasury.
- Testing candidates' proficiency in treasury operations, risk management, and deal processing.
- Assessing candidates' ability to generate and analyze treasury reports using Finacle Treasury.

Exam Syllabus:
The specific exam syllabus for TFNSTRETEICT1100 may cover the following topics:

1. Introduction to Finacle Treasury
2. Treasury Organization Structure and User Setup
3. Financial Instruments
4. Cash and Liquidity Management
5. Market Risk Management
6. Credit Risk Management
7. Operational Risk Management
8. Deal Processing and Trade Lifecycle
9. Settlements and Accounting
10. Treasury Reports and Analytics
AS-TFNSTRETEICT1100-FTX100 Finacle Treasury Technical
Infosys AS-TFNSTRETEICT1100-FTX100 availability

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TFNSTRETEICT1100 AS-TFNSTRETEICT1100-FTX100 Finacle Treasury Technical

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Infosys
TFNSTRETEICT1100
AS-TFNSTRETEICT1100-FTX100 Finacle Treasury Technical
http://killexams.com/pass4sure/exam-detail/TFNSTRETEICT1100
Question: 54
Every Script must begin and end with
A .
B .
C .
D .
Answer: B
Question: 55
In Settlement Monitor, if the queue process crashes, the user can delete the lock entry manually using which
command.
A . removelock
B . deletelock
C . remove_lock
D . delete_lock
Answer: C
Question: 56
Once a default value has been displayed in a window, a user can still override the value.
A . True
B . False
Answer: A
Question: 57
What is the default value of the System.LogonPwdMixed?
A . 4
B . 6
C . T
D . F
Answer: C
Question: 58
Which is the compressed format of installation tar file used in IBM environment?
A . IQR
B . sunos.tar
C . IQR
D . aix.tar.Z
E . IQR
F . aix.tar.gz
G . IQR
H . hpux.tar.gz
Answer: B
Question: 59
Under Rule Mapping which is the category used to for generating the deal ticket?
A . TKTPRINTTEMPLATE
B . TKTTEMPLATE
C . TKTPRINTPRINTER
D . TKTPRINTER
Answer: A
Question: 60
______________ is a process responsible for creation of deals in Finacle Treasury for any transaction in the Host Deal
Data
A . HOSTPROCESSOR
B . HOSTMESGPROCESSOR
C . SWIFTOUTINTERFACE
D . SWIFTININTERFACE
Answer: A
Question: 61
Which directory under IQ_HOME contains FT related sos including templates, rules, examples etc
A . lib
B . client
C . install
D . bin
Answer: A
Question: 62
IQ_LOG_DIR
A . b only
B . both a and d
C . d only
D . None of the option
Answer: D
Question: 63
The extension for rules file ".dcl" can be changed by setting which parameter.
A . DealCapture.SystemToleranceCheck
B . DealCapture.SwitchOfRules
C . DealCapture.RuleExtension
D . DealCapture.RuleChange
Answer: C
Question: 64
Rules are saved as text strings in files with a _____ extension
A . .scr
B . .ctl
C . .vbp
D . .dcl
Answer: D
Question: 65
When queue Handler Server is started, all the data from DEALSQ table is moved to ________ table
A . PROCESS_DEALSQ
B . PROCESSWISE_DEALSQ
C . QUEUE_HANDLERS
D . None
Answer: B
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Infosys AS-TFNSTRETEICT1100-FTX100 availability - BingNews https://killexams.com/pass4sure/exam-detail/TFNSTRETEICT1100 Search results Infosys AS-TFNSTRETEICT1100-FTX100 availability - BingNews https://killexams.com/pass4sure/exam-detail/TFNSTRETEICT1100 https://killexams.com/exam_list/Infosys Infosys employees will now be required to be in the office 3 days a week: Report

Infosys employees will now be required to work from the office at least three days a week, as per an Economic Times report. This mandatory directive comes after repeated calls from management to restore regular office routines saw low compliance, it added.

"Please start coming to the office at least 3 days a week. It will become mandatory very shortly," an email from top management of the Bengaluru-based company stated, as per the paper.

Also Read | Narayana Murthy now says he worked 85-90 hours: But is it really productive?

Infosys did not respond to queries, it added.

Return to Office Expected

Expressing dissatisfaction with the modest response to return-to-office appeals, the email emphasised that the three-year work-from-home arrangement post-Covid was sufficient. It further clarified that except for medical reasons, employees are expected to resume regular office attendance.

A source told the paper that the management has voiced discontent with the company's delivery units (DUs) going underutilised, prompting a call for immediate attendance at campuses housing offshore development centres (ODCs) for clients. They are however open to considering health-related requests from employees on a case-by-case basis, the source added.

Also Read: Narayana Murthy's 70-hour work week advice reaches Parliament, Govt tells MPs…

Besides the mandatory attendance issue, Infosys in another email announced the reinstatement of charges for bus services, set at 150 per day with a monthly cap of 1,500, effective from January 3, next year. Similarly, health club facilities will incur a daily charge of 100, capped at 700 per month, starting January 1, 2024.

Before the COVID-19 pandemic, eligible Infosys employees could work from home for nine days each month. This new directive, if implemented, will revive the attendance system prevalent before the pandemic-induced lockdown in early 2020.

Narayana Murthy on work hours

Earlier in October, Infosys founder NR Narayana Murthy expressed concerns about India's work productivity, noting that it was one of the lowest in the world. He said that youngsters should work for a minimum of 70 hours per week if the country wanted to compete with emerging economies.

Also Read | Narayana Murthy’s 70-hour work week remark: 7 ways to design a “rich" life on your terms

"Somehow our youth has the habit of taking not-so-desirable habits from the West, and then… not helping the country. India's work productivity is one of the lowest in the world. Unless we Excellerate our work productivity, unless we reduce corruption in the government at some level, because we have been practicing I don't know the truth of it, unless we reduce the delays in our bureaucracy in taking this decision, we will not be able to compete with those countries that have made tremendous progress. So therefore, my request is that our youngsters must say, this is my country, I’d like to work 70 hours a week," Narayana Murthy said.

The comment proved controversial, igniting widespread debate on social media. Then a few days later, Microsoft founder Bill Gates responded to a similar question with an opposite worldview, triggering a further round of social media hubbub. The US billionaire argued that "job is not everything" and backed a 3-day work week.

In an episode of Trevor Noah’s “What Now?", Gates said that AI won’t replace humans but will free up labour. “The purpose of life is not just to do jobs. So if you eventually get a society where you only have to work three days a week or something, that's probably OK," Gates added.

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Published: 12 Dec 2023, 12:03 PM IST

Tue, 12 Dec 2023 05:00:00 -0600 en text/html https://www.livemint.com/companies/news/infosys-employees-will-now-be-required-to-be-in-the-office-3-days-a-week-report-11702360047582.html
Infosys share price Live :Infosys closed today at ₹1562, up 1.68% from yesterday's ₹1536.25

Infosys Share Price Today : On the last day, Infosys had an open price of 1516.4 and a close price of 1535.75. The stock reached a high of 1546 and a low of 1516.4. The company has a market capitalization of 635,834.94 crore. Its 52-week high is 1620 and its 52-week low is 1215.45. The BSE volume for the day was 196,359 shares.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

22 Dec 2023, 06:34:47 PM IST

Infosys share price Live :Infosys closed today at ₹1562, up 1.68% from yesterday's ₹1536.25

Infosys stock closed at 1562 today, which represents a 1.68% increase from the previous day's closing price of 1536.25. The net change in the stock price is 25.75.

22 Dec 2023, 06:15:37 PM IST

Infosys share price live: Stock Peers

Name Latest Price Change % Change 52W High 52W Low Mkt. Cap
Tata Consultancy Services 3825.3 35.85 0.95 3928.95 3070.3 1399696.92
Infosys 1562.0 25.75 1.68 1620.0 1215.45 646103.79
HCL Technologies 1462.0 40.25 2.83 1509.25 1011.6 396737.84
LTI Mindtree 6226.15 113.5 1.86 6288.0 4120.0 184173.7
Tech Mahindra 1274.5 24.55 1.96 1332.6 982.95 112144.77
22 Dec 2023, 05:38:54 PM IST

Infosys share price live: Today's Price range

The current day's low price for Infosys stock is 1523.4 and the high price is 1565.9.

22 Dec 2023, 03:26:16 PM IST

Infosys December futures opened at 1540.9 as against previous close of 1542.9

Infosys, an Indian multinational corporation, is currently trading at a spot price of 1560.5. The bid price is 1565.25, while the offer price is slightly higher at 1565.6. There are 400 bid quantities and 800 offer quantities available. The open interest for Infosys stands at 23,040,800.

Disclaimer : The futures data is at a delay of 15 minutes

22 Dec 2023, 03:20:52 PM IST

Infosys Ltd share price live: Price 52 week low/high

The 52-week low price of Infosys Ltd stock is 1185.30, while the 52-week high price is 1619.75.

22 Dec 2023, 03:09:00 PM IST

Infosys share price update :Infosys trading at ₹1560.35, up 1.57% from yesterday's ₹1536.25

The current price of Infosys stock is 1560.35. It has experienced a 1.57% increase in value, resulting in a net change of 24.1 points.

22 Dec 2023, 02:44:36 PM IST

Top active options for Infosys

Top active call options for Infosys at 22 Dec 14:44 were at strike price of 1550.0 (Expiry : 28 DEC 2023) & 1560.0 (Expiry : 28 DEC 2023) with prices 21.6 (+28.96%) & 16.55 (+33.47%) respectively.

Top active put options for Infosys at 22 Dec 14:44 were at strike price of 1530.0 (Expiry : 28 DEC 2023) & 1500.0 (Expiry : 28 DEC 2023) with prices 6.55 (-51.66%) & 2.15 (-60.19%) respectively.

Disclaimer: The Futures & Options data is at a delay of 15 minutes.

22 Dec 2023, 02:35:27 PM IST

Infosys share price live: Stock Peers

Name Latest Price Change % Change 52W High 52W Low Mkt. Cap
Tata Consultancy Services 3813.95 24.5 0.65 3928.95 3070.3 1395543.9
Infosys 1554.0 17.75 1.16 1620.0 1215.45 642794.68
HCL Technologies 1450.15 28.4 2.0 1509.25 1011.6 393522.14
LTI Mindtree 6190.0 77.35 1.27 6288.0 4120.0 183104.36
Tech Mahindra 1269.0 19.05 1.52 1332.6 982.95 111660.81
22 Dec 2023, 02:24:40 PM IST

Infosys share price Live :Infosys trading at ₹1551, up 0.96% from yesterday's ₹1536.25

The current data of Infosys stock shows that the stock price is 1551. There has been a 0.96% percent change, indicating a slight increase in value. The net change is 14.75, suggesting that the stock has gained 14.75 points.

Click here for Infosys Shareholdings

22 Dec 2023, 02:18:56 PM IST

Infosys share price live: Today's Price range

The current day's low price of Infosys stock is 1523.4 and the high price is 1551.

22 Dec 2023, 02:09:39 PM IST

Infosys December futures opened at 1540.9 as against previous close of 1542.9

Infosys (INFY) is currently trading at a spot price of 1542.9. The bid price is 1547.8 with a bid quantity of 400, while the offer price is 1548.15 with an offer quantity of 400. The stock has an open interest of 22,321,200.

Disclaimer : The futures data is at a delay of 15 minutes

22 Dec 2023, 01:48:41 PM IST

Infosys share price Today :Infosys trading at ₹1540.35, up 0.27% from yesterday's ₹1536.25

The current price of Infosys stock is 1540.35. It has experienced a percent change of 0.27, indicating a slight increase in value. The net change is 4.1, meaning the stock has gained 4.1 points.

22 Dec 2023, 01:42:43 PM IST

Infosys Short Term and Long Term Trends

As per the Technical Analysis, short term trend of Infosys share is Bullish and long term trend is Bullish

22 Dec 2023, 01:31:52 PM IST

Infosys share price live: Simple Moving Average

Days Value
5 Days 1547.41
10 Days 1510.73
20 Days 1482.68
50 Days 1441.10
100 Days 1436.01
300 Days 1388.38
22 Dec 2023, 01:26:16 PM IST

Top active options for Infosys

Top active call options for Infosys at 22 Dec 13:26 were at strike price of 1550.0 (Expiry : 28 DEC 2023) & 1540.0 (Expiry : 28 DEC 2023) with prices 17.85 (+6.57%) & 23.75 (+12.56%) respectively.

Top active put options for Infosys at 22 Dec 13:26 were at strike price of 1530.0 (Expiry : 28 DEC 2023) & 1500.0 (Expiry : 28 DEC 2023) with prices 7.65 (-43.54%) & 2.65 (-50.93%) respectively.

Disclaimer: The Futures & Options data is at a delay of 15 minutes.

22 Dec 2023, 01:22:12 PM IST

Infosys share price live: Today's Price range

The low price of Infosys stock today was 1523.4, while the high price reached 1550.6.

22 Dec 2023, 01:13:51 PM IST

Infosys share price Live :Infosys trading at ₹1544.55, up 0.54% from yesterday's ₹1536.25

The current data shows that the stock price of Infosys is 1544.55. There has been a percent change of 0.54, indicating a slight increase in the stock price. The net change is 8.3, suggesting that the stock has gained 8.3 points.

Click here for Infosys Board Meetings

22 Dec 2023, 12:56:58 PM IST

Infosys Live Updates

INFOSYS

Fri, 22 Dec 2023 10:04:00 -0600 en text/html https://www.livemint.com/market/live-blog/infosys-share-price-live-blog-for-22-dec-2023-11703213091371-page-1.html
Infosys' (INFY) Topaz Accelerates Spotlight's Customer Growth No result found, try new keyword!Infosys Limited INFY recently revealed that Spotlight Retail Group has achieved unprecedented customer growth in the past 12 months through an omnichannel digital fulfillment and advanced ... Tue, 05 Dec 2023 10:00:00 -0600 en-us text/html https://www.msn.com/ Infosys bags five-year IT deal from LKQ Europe

This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Thu, 21 Dec 2023 11:36:00 -0600 en-US text/html https://yourstory.com/enterprise-story/2023/12/infosys-bags-five-year-it-deal-from-lkq-europe
Infosys announces long-awaited salary hike: Read what increment letter says IT giant Infosys has rolled out the long-awaited salary hike letters to employees. The increment letters were sent just a day ahead of the mega 'Stellar Saturday Culture Carnival' event that Infosys hosted for employees on December 16. The event was held at several of the company's campuses across India. The salary revision letters also kick off the holiday season for some Infosys employees.
This year Infosys has announced a salary hike after months of delay in the backdrop of the sluggish demand that the company has been facing. The salary hikes are typically effective from April 1. This year these are reportedly effective from November 1, 2023.
What the salary hike letter to employees says
"We are pleased to revise your compensation in acknowledgement of your commitment and performance with effect from November 1, 2023," said the communication sent to employees. Economic Times has seen the letter. The email communication also thanks employees for "un-paralleled support and efforts to overcome the current challenges and ensure success in all aspects." The compensation review programme is for the year 2023-24, according to the company.
Average hike this year
The average hike this time is reported to be below 10%. "Several employees have received hikes in single digits while some are also in low-double digits. The average hike is likely to be under 10%," multiple people aware of the development said.
Employees who have not received the increment
The salary hikes this year reportedly do not include reviews for entry level employees, according to people aware of the matter. "New entrants are not being considered for hikes this year," a source at the company told Times of India.
Sun, 17 Dec 2023 22:26:00 -0600 en text/html https://timesofindia.indiatimes.com/gadgets-news/infosys-announces-long-awaited-salary-hike-read-what-increment-letter-says/articleshow/106072283.cms
Infosys Gives Salary Hike To Its Employees: Report No result found, try new keyword!In the communication to employees, Infosys expressed its pleasure in revising compensation, recognizing the dedication and performance of its workforce. (Also Read: Google Pixel 8 Pro Available ... Sat, 16 Dec 2023 09:59:00 -0600 en-us text/html https://www.msn.com/ Infosys bags 5-year deal from auto parts distributor LKQ Europe

December 21, 2023 / 08:01 PM IST

IT services giant Infosys announced on December 21 that it has entered a five-year collaboration with leading automotive parts distributor LKQ Europe to transform its business processes, in yet another long-tenure deal from the Europe region in the ongoing quarter.

Earlier in October, Infosys had reported a five-year deal with electric vehicle (EV) maker smart Europe GmbH. The IT major at present is seeing its highest-ever large deal pipeline, having reported $7.7 billion worth of large deals in the pipeline in the second quarter ended September 30.

Story continues below Advertisement

In this new deal, Infosys will be integrating multiple strategic acquisitions that LKQ made to harmonise business processes, Excellerate product availability, and enable faster delivery to end customers.

“Infosys was chosen as a strategic partner to lead LKQ Europe’s IT-related business transformation owing to its strong credentials in ERP deployment, and commitment to a long-term collaboration,” the company said.

Varun Laroyia, Chief Executive Officer, LKQ Europe, said, “At LKQ, we are constantly enhancing our market-leading position. This project is an extension of our original program and focused on building a more streamlined and impactful organization. With Infosys as our strategic partner, we are aiming to reduce complexities, increase efficiency and leverage our strengths. This will allow us to upgrade our focus on customer-centricity, ensure best-in-class customer experiences and further excel in our top position.”

Jasmeet Singh, EVP & Global Head of Manufacturing, Infosys, added, “Our expertise in harmonising and digitising complex processes and transforming customer experience aligns perfectly with LKQ Europe's goals. We are committed to delivering innovative solutions that will streamline LKQ Europe’s operations, support their growth, and ensure LKQ Europe's continued success in the automotive aftermarket industry.”

Thu, 21 Dec 2023 11:31:00 -0600 en text/html https://www.moneycontrol.com/news/technology/infosys-bags-5-year-deal-from-auto-parts-distributor-lkq-europe-11939861.html
Infosys salary hikes announced ahead of holiday season; here’s the likely average hike Infosys, the second largest IT services company in India, has brought some holiday cheer to its employees by announcing salary revisions. This move comes as a much-needed morale booster for the information technology sector, which has been grappling with sluggish demand for technology services worldwide.
According to sources quoted by ET, the salary revisions, which are usually effective from April 1, will now be implemented from November 1, 2023. However, it's important to note that entry-level workers have not be included in this review process.

In a communication sent to employees, Infosys expressed its appreciation for employees’ commitment and performance, stating, "We are pleased to revise your compensation in acknowledgement of your commitment and performance with effect from November 1, 2023." The company also expressed gratitude for the employees' unwavering support in overcoming challenges and achieving success.

Infosys salary hikes

Infosys salary hikes


While the exact details of the salary hikes have not been disclosed, sources suggest that the average increase will be below 10%. Some employees have received single-digit hikes, while others may see low-double-digit raises. However, the average hike is expected to remain under 10%.
Interestingly, these salary revision letters were sent just a day before Infosys' 'Stellar Saturday Culture Carnival' event, that was scheduled for December 16. This event aims to celebrate the company's vibrant culture and was held across its various campuses in India.
When approached for comment, an Infosys spokesperson remained unavailable.

It's worth noting that the company had previously delayed the announcement of compensation reviews, which are typically made in June with retrospective effect from April 1. During the earnings conference after the first quarter, Infosys' CFO, Nilanjan Roy, had mentioned that the possibility of annual hikes was being actively considered.
Read From ET | Salary hikes plans of Infosys
Earlier this week it was reported that Infosys is now mandating work from office at least three days a week. The decision comes after Infosys’ call for resuming work from office at least 10 days a month had received tepid response.

Sun, 17 Dec 2023 05:24:00 -0600 en text/html https://timesofindia.indiatimes.com/business/india-business/infosys-salary-hikes-announced-ahead-of-holiday-season-heres-the-likely-average-hike/articleshow/106060806.cms
Infosys CFO Nilanjan Roy resigns

IT major Infosys’ Chief Financial Officer Nilanjan Roy has resigned from his post. The company has announced that Jayesh Sanghrajka, will be the new CFO effective from April 1, 2024, according to an exchange filing. 

Roy, after serving in this role since 2018, has decided to step down to pursue his personal aspirations outside of Infosys. He will continue to be with Infosys till March 31, 2024 as CFO. 

Jayesh Sanghrajka

Jayesh Sanghrajka | Photo Credit: SOMASHEKARA GRN

“Due to personal reasons for exploring external growth opportunities, I would like to tender my resignation from the services of the company. I will serve out my notice period. I would like to thank you and the Board for the invaluable support during my tenure and wish Infosys the very best for the years ahead,” Roy wrote in his resignation letter. 

Sanghrajka, set to take over the position, has spent over 18 years at Infosys across two stints and has performed various leadership roles. He is currently Executive Vice-President and Deputy Chief Financial Officer.

Also read: IT hiring hits new low of 14% in last 12 months

Salil Parekh, CEO & MD, Infosys, said, “I am delighted to announce that Jayesh will take over as Chief Financial Officer. As Deputy CFO, he has been leading multiple portfolios in the finance function for several years now and his depth of experience and knowledge will serve us well to take the function to greater heights. I would also like to express my deep appreciation for Nilanjan for ably leading the function over the last five years and wish him the very best for his future endeavors”.

Sanghrajka has over 25 years of experience across a wide spectrum of finance functions. He has worked at Infosys for 18 years – first between 2000-07 and currently since December 2012. He was appointed as the Deputy Chief Financial Officer for the Infosys Group in October 2015 and is presently responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and tax. Additionally, he also oversees the mergers and acquisitions portfolio. Jayesh is a Chartered Accountant and a Cost Accountant.

Sun, 10 Dec 2023 19:01:00 -0600 en text/html https://www.thehindubusinessline.com/info-tech/infosys-cfo-nilanjan-roy-resigns/article67628109.ece
Infosys shares drop 1% as CFO resigns, recover

Shares of Infosys fell over 1 per cent in Tuesday's trade after the Bengaluru-based IT giant's chief financial officer Nilanjan Roy, who after serving in this role since 2018, stepped down from his post, unanticipatedly, to pursue personal aspirations. The development raised concerns over the rising top-level exits at Infosys and other largecap IT firms.

Following the development, Infosys shares fell 1.35 per cent to hit a low of Rs 1,468.50 on BSE. The scrip recovered a bit and was later trading at Rs 1,479.95, still down 0.57 per cent. The fall on the counter, to an extent, was lower than a 2.7 per cent drop in Infosys American Depositary shares (ADRs) overnight.

Foreign brokerage Morgan Stanley has maintained its overweight stance on the stock with a target price of Rs 1,600 per share. The brokerage reportedly said that the CFO resignation was unexpected and could weigh on sentiment in the light of past senior level exits at the IT firm. The brokerage, as per ET NOW, though expects the transition to e smooth given that the role has been filled by an internal candidate.

Also read: Infosys appoints Jayesh Sanghrajka as CFO as Nilanjan Roy resigns

Roy's last date with the company would be March 31, 2024, Infosys said. "The company places on record its deep sense of appreciation for the services rendered by him and for his contributions to the company," it said.

Jayesh Sanghrajka has been appointed as the CFO of the second largest domestic IT firm. He is currently Executive Vice President and Deputy Chief Financial Officer.

"Nilanjan will continue to be with Infosys till March 31st, 2024 as CFO. The board of directors placed on record their deep appreciation for Nilanjan Roy and acknowledged his contribution to the company during his tenure as the CFO," Infosys said.

Sanghrajka has spent over 18 years at Infosys across two stints and has performed various leadership roles. Sanghrajka, Infosys said, comes with over 25 years of work experience and is a Chartered Accountant.

He first worked with Infosys during 2000-07. He joined Infosys again in December 2012 and was later appointed as the Deputy Chief Financial Officer for the Infosys Group in October 2015. Jayesh is presently responsible for various areas of the finance function including investor relations, business finance, corporate finance, treasury and taxHe also oversees the mergers and acquisitions portfolio.

CEO & MD Salil Parekh said: “I am delighted to announce that Jayesh will take over as Chief Financial Officer. As Deputy CFO, he has been leading multiple portfolios in the finance function for several years now and his depth of experience and knowledge will serve us well to take the function to greater heights. I would also like to express my deep appreciation for Nilanjan for ably leading the function over the last five years and wish him the very best for his future endeavors."

Also read: Stock recommendations by market analysts for December 12, 2023: Union Bank, West Coast Paper, GAIL and Jindal Steel

Also read: Sensex tops 70,000, Nifty hits fresh all-time high; GTL Infra, Safari Industries jump up to 8%

Tue, 12 Dec 2023 01:23:00 -0600 en text/html https://www.businesstoday.in/markets/company-stock/story/infosys-shares-drop-1-as-cfo-resigns-recover-409038-2023-12-12




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