Unethical Practices News
Infosys shares fall on reports SEBI likely to call for forensic audit, IT major says yet to receive any request
Sources had said SEBI is likely to call for a forensic audit of books of Infosys.
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.
US market regulator SEC will be seeking cooperation from its Indian counterpart SEBI in its probe into Infosys, which has been rocked by whistleblower complaints of several alleged irregularities, sources said on Friday
The Infosys case, irrespective of what its actual and final findings are, should be a good eye-opener for SEBI
Infosys row: SEBI starts probe against IT-company over whistleblower charges, corporate governance lapses
Markets regulator SEBI has begun its probe into alleged non-disclosure of price-sensitive information by Infosys' management and also corporate governance lapses in the wake of serious allegations levelled by a whistleblower, while it is also examining possible insider trading in the company's securities
Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways
Infosys recovers lost ground; rises over 1% day after massive selloff on concerns over whistleblower complaint
Shares of Infosys on Wednesday bounced back, rising over 1 percent, after a massive selloff in the previous session on concerns over a whistleblower complaint against the company's top executives
Infosys starts investigation into alleged 'unethical practices' by CEO Salil Parekh; shares tank 16%
Infosys shares plunged 16% on Tuesday, marking their worst intraday drop in over six years.