Infosys on Friday said it has not received any request from SEBI for conducting further investigation in the whistleblower case where top executives were accused of rigging the company's balance sheet
Infosys whistleblower case: SEBI may call for forensic audit on allegations of financial irregularities in IT major
In October last year, Infosys had informed the stock exchanges of having received anonymous whistleblowers' complaints alleging certain unethical practices by the top management.
Infosys row: IT major says not aware of any complaints against company other than one disclosed to bourses in October
Infosys, in a regulatory filing on Friday, said the company is aware of several reports referencing an additional securities class-action lawsuit against Infosys.
IFIN statutory audit: NFRA says Deloitte Haskins failed to comply with auditing standards, didn't question inflation of profit
An executive summary of the AQR report released by the NFRA said the independence of the auditor was compromised by the provisions of non-audit services for substantial fees.
US-based Schall Law Firm has said it will file a class-action lawsuit against Infosys Ltd to recover losses suffered by investors in the wake of allegations of "unethical practices" at the Indian IT major
Infosys row: Govt seeks details on wistleblower complaint to US market regulator against IT firm's management
Last week, it was reported that the market regulator Securities and Exchange Board of India (SEBI) might seek clarification from Infosys management on charges levelled by the whistleblower.
Infosys row: National Financial Reporting Authority to look into alleged accounting irregularities at IT-company
The government has asked the National Financial Reporting Authority (NFRA) to look into alleged accounting irregularities at Infosys in the wake of whistleblower complaints, a senior official said on Thursday
Auditors one of the weakest links in corporate governance, situation leads to serious issues for listed cos, says Uday Kotak
Kotak said the issue in the profession stems from a potential "conflict of interest" where an association of accountants, ICAI also acts as the sector regulator.
The NFRA would act as an independent regulator for the auditing profession.
Union Minister P P Chaudhary's comments come against the backdrop of some auditing entities coming under the scanner of the Corporate Affairs Ministry following various complaints
Cabinet approves Fugitive Economic Offenders Bill 2018; Arun Jaitley says Centre can't allow people to make 'mockery of law'
In a bid to tighten the noose around defaulters, the Cabinet has cleared the Fugitive Economic Offenders Bill 2018 and approved the establishment of National Financial Reporting Authority (NFRA), Finance Minister Arun Jaitley said.
Impact of PNB scam: Cabinet clears Fugitive Economic Offenders Bill 2018, auditing watchdog NFRA; key highlights
Here are key highlights of the Fugitive Economic Offenders Bill 2018 that the Union Cabinet approved on Thursday.
The Ministry remained in focus during 2013 amid a host of high-profile cases of corporate misdoings, regulatory co-ordination to crackdown on fraudulent investment schemes.