December 24, 2024 11:06 am (IST)
Whistleblowers accuse Infosys CEO Salil Parekh of fudging company's financials and inflating profits
Oct 22, 2019, at 11:42 am
Rockville, Maryland/Bengaluru/IBNS: Mounting troubles for IT giant Infosys, a group of anonymous whistleblowers from the employees have alleged that that CEO Salil Parekh has been fudging the company’s financials and inflating profits in the recent quarters, media reports said. Infosys shares plunged by nearly 16 per cent on Tuesday after the accusations in the IT giant's worst single-day fall in over six years.
Latest Headlines