SEARCHED FOR:INFOSYS WHISTLEBLOWER
Class action lawsuit dismissed against Infosys
The complaint, which was filed in the Eastern District of New York, was brought on behalf of a class consisting of persons or entities who purchased the Company's publicly traded securities between July 7, 2018 and October 20, 2019.
SEC completes probe against Infosys on whistleblower allegations
A whistleblower letter was sent to the company’s board in September last yea...
Infosys climbs 10% as SEC concludes whistleblower investigation
Investigation pertains to whistleblower complaints which concluded in January...
Infosys says audit committee finds no evidence of financial impropriety or executive misconduct
Infosys on Friday said the board's audit committee has completed the independent probe into the anonymous whistleblower allegations and foun...
Infosys' audit committee finds no wrongdoing, SEC investigation continues
In October, a whistleblower mailed the Infosys board with a slew of charges against salil Parekh & Nilanjan Roy.
Salil Parekh on why he thinks this may be Infosys's best year
Parekh is the man who has steered the return of India’s second-largest IT co to double-digit growth.
Whistleblower complaint placed before audit committee: Infosys
An anonymous group that calls itself "ethical employees" have alleged that the company is taking unethical steps to increase short-term revenue and profits. Infosys has received whistleblower complaints in the past too, over alleged governance lapses.
Whistleblower accuses Infosys of ‘unethical’ practices to boost numbers
An anonymous group calling itself “ethical employees” has complained to the board of Infosys and the US Securities and Exchange Commission (SEC) alleging that the company is taking ‘unethical’ steps to boost short-term revenue and profits.
NFRA to look into alleged accounting irregularities at Infosys
NFRA comes under the Ministry of Corporate Affairs. Markets regulator Securities and Exchange Board of India (SEBI) and US Securities and Exchange Commission are also looking into the Infosys matter following the whistleblower complaints.
COVID-19: We'll come out stronger from this situation, says Infosys CEO
"Last year, we had 9.8 per cent growth and the year before 9 per cent growth. We've had a really extremely successful business over the last couple of years, a very strong operating margin and expansion in earnings per share, USD 9 billion in large deals," he said.
NFRA, RoC seek information on whistleblower complaints: Infosys
Infosys said that it will provide the information as per the requests. Earlier on Wednesday, Infosys said speculations of co-founders and former employees being involved in the recent whistleblower allegations were "appalling" and seem to be aimed at tarnishing the image of some of "the most accomplished and respected individuals".
Infosys retains deputy CFO Jayesh Sanghrajka after resignation in October
Sanghrajka was also made the interim CFO for a few months until Nilanjan Roy took charge as the CFO of the Bengaluru-headquartered software services exporter. Roy replaced Mavinakere Ranganath, who quit last year.
Whistleblower plaint: Infosys wants probe to be completed in 2 weeks
Law firm Shardul Amarchand Mangaldas and consultancy EY has been tasked to probe the whistleblower charges.
Infosys whistleblower mail calls into question board processes: Reliance Securities
The letter alleged that the company was taking ‘unethical’ steps to boost short-term revenue. The letter further alleges that CEO Salil Parekh was bypassing reviews and approvals for large deals, which in some cases have ‘nil margins.’
Infosys firm on stand, refutes charges of lapses
Lawyers dealing with the company’s legal strategy said Infosys followed all the required procedures as per its internal whistleblower policy. They are also taking a view that if whistleblower complaints are disclosed without verifying the veracity of the charges, they would hurt the company and also the interests of minority investors.