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No role of co-founders in Infosys whistleblower complaint: Chairman Nandan Nilekani
Shares of the company traded 2.55 per cent higher at Rs 7...
He left Infosys in 2009 to serve as the chairman of the UIDAI, in the rank of a cabinet minister on the invitation of former Prime Minister Manmohan Singh. He is popularly known as the Bill Gates of Bangalore. He is the man who inspired the slogan 'the world is flat'. Nilekani has co-founded National Association of Software and Service Companies (NASSCOM), trade association of India's software industry. He has also written a book discussing the ideas for India's way forward named, 'Imagining India'.
Infosys troubles: Mohandas Pai says co should stop resorting to rhetoric
"You can't make it a bland statement,"Mohandas Pai said, adding the specific concerns needs to be allayed.
View: Don't jump the gun in Infosys governance row
It’s best to leave the determination of Infosys governance issue to the investigation that’s already underway. However, one point is clear. It is in the interest of all stakeholders that a company appropriately verifies any whistle-blower complaint, prior to making a disclosure. A premature disclosure goes against the principles of good corporate governance.
Whistleblower complaints are investigated independently: Nandan Nilekani
One Board member received two anonymous complaints on September 30, 2019 titled “Disturbing unethical practices” & “Whistleblower Complaint". Nilekani said the the CEO Salil Parekh and CFO Nilanjan Roy have been recused from this matter.
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.
Infosys faces another whistleblower complaint, CEO accused of misdeeds
The whistleblower complained that he was unable to disclose his identity fearing retaliation.
Ask almighty: Sebi chief on Nilekani's God remark
The comments come after Nilekani said processes at Infy are so strong that God cannot change their numbers.
Sebi chief Ajay Tyagi says Infosys probe underway
Last month, Infosys had informed that Sebi requested additional information from the company concerning the anonymous complaints.
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".
You cannot miss out on quality stocks by sitting on cash: Mahantesh Sabarad
Get ready to play the momentum game in quality stocks as prices won't come down now.
After Market: PCJ shines, Titan tanks, Aurobindo swallows a bitter pill; 37 stocks 'overbought'
Private banks were in a party mood, with ICICI Bank and IndusInd Bank leading the charts.
Infosys chairman Nilekani says even ‘God’ could not change its numbers
Whistleblowers claim CEO Salil Parekh hid information from the auditors to boost margin.
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