Bloomberg Salil Parekh overcame long odds to become Infosys Ltd.’s choice for its next chief executive officer. He now faces at least as challenging a task in getting the iconic Indian outsourcing company back on track. The low-key, 53-year-old from Capgemini SE was named to the helm of Infosys, beating out a field of internal candidates and former executives who ...

Bloomberg From iron ore to baby formula, electronic parts, China is buying everything you can think of, and that will soon make the world’s biggest exporter the top importer in the next few years. China already takes more imports that the US does from Asia, Africa, Oceania, South America and Eastern Europe, and it will likely snatch the No1 importer ...

Bloomberg A public-relations firm became the latest company to ask an Indian tribunal to place billionaire Anil Ambani-run Reliance Communications Ltd. under insolvency proceedings after the unprofitable mobile-phone operator failed to pay its dues. Fortuna Public Relations Pvt. placed its request with the Mumbai bench of National Company Law Tribunal on Monday, saying Reliance Communications owes it $67,000. The NCLT ...