Investors on Monday cheered the appointment of Infosys Ltd’s new chief executive, in hopes the Indian IT services firm can move past a costly boardroom spat, though questions remain over how the new boss will navigate strained corporate ties internally. After well over a decade with Capgemini, Salil Parekh is returning to India to head Infosys, where he is tasked with reinvigorating growth, while keeping the peace. Parekh joins Infosys, historically a bellwether of India’s $154 billion IT services sector, as it tries to heal following a nasty public spat between its board and founders that led to the dramatic exit of its previous CEO, Vishal Sikka, in August.
