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    Vikshita Vitthal Gujaran in News

    13-Mar-2023 04:52 AM


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    Brokerages neutral on Tech M, negative on Infy, but investors cheer Mohit Joshi’s move

    #TechMahindra has selected Mohit Joshi of Infosys as its managing director and chief executive officer from December.
    The market will again focus on the pace of turnaround, which can potentially take time,” it said.
    JPMorgan believes that his departure highlights the depth of Infosys' leadership and the inability to provide adequate career mobility to senior talent.
    Also Read: Mohit Joshi’s appointment as Tech Mahindra CEO will bring BFSI and healthcare expertise: Industry experts In October 2022, Infosys President Ravi Kumar resigned to take charge as the top boss of Cognizant.
    JPMorgan has a 'neutral' rating on Infosys with a target of Rs 1,700 per share.

    Source - Money Control