While Wipro CEO Abidali Z Neemuchwala saw his compensation rise 11.8 per cent to USD 4.42 million (about Rs 33.38 crore) in fiscal 2020 from the previous year.
In his note to shareholders in the annual report, Infosys
CEO Parekh said the company will closely monitor the impact of the pandemic as the market and client activity evolve. "We can already see several European countries and US states starting to reopen. We see stability and expansion in our work in the global telecommunications, high technology and life sciences industries," he said.
Parekh noted that while methods like wearing masks, regular hand washing, and keeping safe distance helps in increasing individual safety, the critical medical milestones of therapeutic and vaccine solutions are in the future.
"We remain extremely focussed on the needs of our clients in this environment and even more ready to expand our support to our clients as the world collectively emerges from the unprecedented situation," he said.
Nilekani, in his address, also emphasised that the post-cloud era characterised by increasingly intelligent, autonomous and self-healing digital infrastructure is bringing the industry the opportunity to do more.
"Our strong balance sheet, great growth momentum, scaled digital systems for our people to deliver collaboratively and an executive management team relentlessly focussed on executing our digital strategy, uniquely position Infosys to deal with the unprecedented challenges of these times and help our clients navigate to the next normal," he added.
Infosys' 39th annual general meeting (AGM) will be held on June 27 through video conference and other audio visual means (VC).