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    Beena Parmar

    Senior Special Correspondent at The Economic Times

    Beena Parmar is a Senior Special Correspondent at The Economic Times, specializing in banking, financial services, and fintech sector coverage with a focus on India’s leading private and public sector banks as well as emerging fintech companies. She reports on major players including State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Paytm, and PhonePe, delivering in-depth analysis and breaking news coverage recognized within the industry for accuracy and timeliness. Beena’s journalism career began in 2013, with prior roles at Moneycontrol and Network18 before joining The Economic Times in 2017, where she has earned accolades for exclusive stories and thought leadership in financial journalism. While she is not a licensed securities analyst and holds no FINRA or SEBI certifications, her work has been cited in industry forums and has contributed to influential conversations shaping India’s financial sector.

    Beena Parmar's questions to Infosys (INFY) leadership

    Beena Parmar's questions to Infosys (INFY) leadership • Q1 2026

    Question

    Beena Parmar asked about potential revenue cannibalization from AI, the extent of productivity gains being passed to customers, changes in pricing, the factors behind the quarterly margin decline, and the current tone of client conversations regarding demand.

    Answer

    CEO Salil Parekh acknowledged that productivity benefits from AI are shared with clients but stated that, on balance, the quality of revenue and pricing are improving due to more impactful work. CFO Jayesh Sanghrajka detailed that the 20-basis-point margin decline was driven by compensation and currency headwinds, which were partially offset by pricing benefits and other efficiencies. Parekh added that clients are highly focused on enterprise AI and cost efficiency, leading to consolidation deals that benefit Infosys.

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    Beena Parmar's questions to WIPRO (WIT) leadership

    Beena Parmar's questions to WIPRO (WIT) leadership • Q1 2026

    Question

    Beena Parmar of The Economic Times inquired about the status of discretionary demand versus cost-takeout deals, the potential impact of deal-related cost pressures on margins, and how AI efficiencies are affecting hiring and headcount.

    Answer

    CEO Srini Pallia clarified that discretionary spending is returning in pockets, especially for data, AI, and modernization, often funded by savings from cost-optimization deals. He noted the impact of AI on hiring is still evolving. CHRO Saurabh Govil added that the company continues to promote high-potential talent to critical roles as part of its core philosophy.

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