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Total 65 results found. Search for [ infosys salil parekh on allegations ]

Results 1 to 21 of 65
BusinessToday.In
New Delhi, May 22, 2020
Three US investor rights law firms had filed a class-action lawsuit against Infosys after a group of whistleblowers alleged company and its CEO Salil Parekh of indulging in unethical practices in October 2019


Dipak Mondal
New Delhi, February 18, 2020
Despite rise in number of whistleblower complaints, the lacunae in the system are proving to be a deterrent in the fight against corporate unethical practices


BusinessToday.In
January 24, 2020
Stocks to watch today on January 27: Indian Bank, JSW Steel, UltraTech Cement, Sonata Software, Adani Gas, HDFC, Infosys, HDFC Bank, Wockhardt, Dr Reddy, Torrent Pharma, TTK Prestige among others are the top stocks to watch out for in Monday's trading session


BusinessToday.In
January 24, 2020
The company has not received any request from SEBI to conduct further audits into the anonymous whistleblower investigation as reported by media, Infosys said in a filing to the stock exchanges


BusinessToday.In
New Delhi, January 23, 2020
The move came after Infosys' audit committee found no evidence of financial wrongdoings or misconduct on part of company's top executives


Goutam Das
January 10, 2020
The whistleblowers wrote to the Infosys Board of Directors and the US SEC alleging unethical practices by the top management. The allegations broadly fell in four buckets: questionable accounting standards; ethics of top management; disclosure standards and a racial slur


BusinessToday.In
January 10, 2020
The investigation team conducted 128 interviews with 77 persons, including relevant company personnel related to the allegations, and reviewed over 2.1 lakh documents


BusinessToday.In
January 10, 2020
Infosys earnings: Net profit rose to Rs 4,466 crore in the third quarter of current fiscal compared to net profit of Rs 3,610 crore in the corresponding quarter of last fiscal


PTI
December 18, 2019
This misclassification resulted in Infosys avoiding California payroll taxes such as the unemployment insurance, disability insurance, and employment training taxes


BusinessToday.In
New Delhi, December 13, 2019
Infosys says US-based The Schall Law Firm released its press statement, which asked potential plaintiffs to contact it, to apply for a lead plaintiff status in an existing lawsuit


BusinessToday.In
New Delhi, December 12, 2019
Infosys used improper recognition of revenue to boost short-term profits, alleges the law firm; accuses the tech services giant of pressurising its finance team to hide details on big deals from auditors


PTI
November 20, 2019
Stock exchanges last week had sought clarification from the company over the media reports that suggested the company was 'hit by another whistleblower complaint against Salil Parekh'


BusinessToday.In
New Delhi, November 12, 2019
The whistleblower, who claims to be working in the finance department of the company, didn't reveal his identity because, he said, he could face \"retaliation\" after these disclosures


Goutam Das
New Delhi, November 7, 2019
Navigating this disruption (the digital disruption) is rapidly becoming the single most important priority for every large global business, especially incumbent enterprises across sectors, says Nilekani


BusinessToday.In
New Delhi, November 7, 2019
As CEO, I have served with commitment and integrity to deliver a major business transformation in Infosys, says Parekh; Nandan Nilekani says even \"God can't change the numbers of the company\"


BusinessToday.In
New Delhi, November 7, 2019
Nilekani, addressing analysts in Bengaluru, assures that Infosys takes whistleblower complaints seriously; says the company will soon share the findings of the ongoing probe


Sudin Apte
November 6, 2019
If Infosys' own investigation or US agencies where complaints are filed finds prima facie merits in allegations and pursues the case further, it may have serious repercussions for the company


BusinessToday.In
New Delhi, November 6, 2019
Backing his former colleagues and founders, Nilekani says they have built Infosys and served it \"selflessly\"; says the allegations of involvement seem to be aimed at tarnishing their image


BusinessToday.In
November 4, 2019
In its first official response after the start of a probe into the allegations of 'unethical practices' against Chief Executive Salil Parekh and Chief Financial Officer Nilanjan Roy, Infosys told National Stock Exchange (NSE) there was \"no supporting evidence that has been received by the company along with these anonymous complaints to substantiate the allegations\"


BusinessToday.In
New Delhi, November 4, 2019
Infosys says the company is not in a position to determine the concreteness, credibility and materiality of the anonymous complaints


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