3rd June News Highlights from Stock Market

• Infosys CEO Parekh gets 22% pay hike in FY25, stays second-highest paid IT CEO

• HCLTech partners with UiPath to speed up agentic automation globally

• Govt extends tenure of Punjab & Sind Bank MD Swarup Kumar Saha till February 2027

• JP Morgan expects surge in India Inc.’s appetite for overseas acquisitions

• Geojit’s Vinod Nair flags ‘cautious outlook’ for IT stocks amid market volatility, geopolitical uncertainties

• Mphasis shares in focus after clarifying that it remains a FedEx service provider

• Microsoft cuts hundreds more jobs after firing 6,000 last month

• Yes Bank share price falls over 7% ahead of board meeting to consider fundraising

• French energy giant TotalEnergies reaffirms support for Adani Green's expansion in India