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Total 164 results found. Search for [ Salil Parekh ]

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BusinessToday.In
October 22, 2019
The New York based law firm put out a \"Infy Loss Notice\" on Monday, adding that it continues to investigate potential securities claims on behalf of shareholders of Infosys Limited


PTI
October 22, 2019



BusinessToday.In
New Delhi, October 22, 2019
Infosys launches investigation after whistleblower letter alleges accounting irregularities against Infosys' current CEO Salil Parekh and CFO Nilanjan Roy; Banking services take a hit as 2 employee unions plan strikes across India; Apple starts selling locally assembled iPhone XR in India and more news on News Blast.


BusinessToday.In
October 22, 2019
Infosys share price: Market capitalisation of Infosys stock on BSE fell to Rs 2,81,883 crore compared to the previous close of Rs 3,26,939 crore on Friday. At 1:02 pm, Infosys investors lost Rs 45,056 crore of their wealth due to negative sentiment surrounding the stock.


BusinessToday.In
New Delhi, October 22, 2019
Whistleblower letter alleges accounting irregularities in InfosysAn alleged group of employees at Infosys who recognise themselves as 'Ethical employees' have levelled allegations for the first time against current CEO Salil Parekh and CFO Nilanjan Roy of 'wilful misstatement' and 'accounting irregularities' to make the company's performance look good. They also claim to have the required evidence to prove their claim which they intend to submit during the course of investigation....


PTI
October 22, 2019



PTI
October 22, 2019



BusinessToday.In
New Delhi, October 22, 2019
In a statement, Infosys Chairman Nandan Nilekani told the stock exchanges that the company has taken appropriate action after the anonymous whistleblower complaints surfaced in September


BusinessToday.In
October 22, 2019
Infosys investors lost Rs 50,639 crore in market wealth today with the stock's market capitalisation sinking to Rs 2,76,300 crore on BSE compared to Friday's close of Rs 3,26,939 crore.


BusinessToday.In
New Delhi, October 22, 2019
Reacting to the news, American Depositary Receipts of Infosys slipped as much as 12.91per cent on the New York Stock Exchange on Monday


BusinessToday.In
New Delhi, October 21, 2019
Reacting to the news, American depositary receipts (ADRs) of Infosys slipped as much as 15.7 per cent to $8.91 in premarket trading on the New York Stock Exchange


Rukmini Rao
October 21, 2019
According to Shriram Subramanian Founder and MD, Ingovern Research Services, a proxy advisory firm, the more pressing issue that the letter has brought to the forefront is auditors being prevented to do their job


BusinessToday.In
October 21, 2019
Catch top stories today from the world of business and economy with BusinessToday.In end of day (EOD) report


BusinessToday.In
New Delhi, October 21, 2019
Several allegations were made against Infosys CEO Salil Parekh and CFO Nilanjan Roy in the anonymous letter sent by whistleblower employees to the Board, accusing them of unethical practices. Watch the video for more on the Infosys controversy.


BusinessToday.In
October 21, 2019
Infosys share price which closed 0.18% or 1.35 points lower at Rs 767.75 on Friday is likely to see a 10-15% downside in the near term, according to Harit Shah, Research Analyst at Reliance Securities.


BusinessToday.In
October 21, 2019
Infosys share price during the second quarter rose from Rs 731.95 on June 28, 2019 to Rs 801.3 on September 30 translating into a gain of 69.35 points or 9.47%.


BusinessToday.In
New Delhi, October 21, 2019
According to Moody's, a key risk for vehicle finance companies is their heavy reliance on short-term wholesale funding, as highlighted by a default by IL&FS that sparked a liquidity crisis for the entire non-bank finance sector in India


BusinessToday.In
New Delhi, October 21, 2019
Infosys whistleblower letter: The letter also alleged that the CEO prevented the employees from highlighting issues in board meets and of bypassing approvals.


BusinessToday.In
New Delhi, October 21, 2019
The group accuses Infosys CEO Salil Parekh of bypassing reviews of large deals and hiding information from auditors; says CFO Roy is \"compliant\"


BusinessToday.In
New Delhi, October 21, 2019
An anonymous group, in the letter dated 22 September, claims it has voice recordings to prove its case; accuses tech giant CEO of not recognising full costs, hiding critical information from auditors, preventing them from highlighting issues in board meets and deflating profits in treasury


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