India: Infosys' sour M&A deals pose challenge for new CEO Salil Parekh

New Infosys CEO Salil Parekh has sought time until April to outline the M&A strategy ahead for the outsourcing company. Photo: Hemant Mishra/Mint

Infosys Ltd continues to struggle to realize the promised benefits from its three acquisitions.

The firm has shut down Noah Consulting, the company it bought for $70 million in 2015, and transferred all the business to the parent company, valuing the firm at 40% lower than the original purchase price.

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