Infosys approves hike in COO Pravin Rao’s pay to ₹8.5 crore
IT major Infosys has said that its board has approved the pay hike of its Chief Operating Officer UB Pravin Rao. His fixed salary per annum has been raised to ₹4.62 crore while the variable component of his package will stand at ₹3.87 crore, payable on achievement of targets. Earlier, Infosys Co-founders raised concerns over CEO Vishal Sikka's pay hike.