The News GodThe News GodThe News God
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
      • Biography
      • Net Worth
      • Famous Birthdays
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Reading: Infosys does not have prima facie evidence of complaints from whistleblowers
Share
Font ResizerAa
The News GodThe News God
Font ResizerAa
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
Search
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Follow US
  • About Us
  • Authors
  • Advertise
  • Contact Us
  • Disclaimer
  • My Bookmarks
  • Terms of Use & Privacy Policy
  • Media Partners
The News God > Blog > News > Infosys does not have prima facie evidence of complaints from whistleblowers
News

Infosys does not have prima facie evidence of complaints from whistleblowers

Sampson Gaddah
Last updated: February 15, 2021 11:38 pm
Sampson Gaddah
November 4, 2019
Share
2 Min Read
Infosys says no prima facie evidence on whistleblower complaints
SHARE

A note, alleged to have been written in October by the company’s employees, said Chief Executive Salil Parekh advised them and others to circumvent approvals for major transactions, anticipating a negative impact from reduced income on stocks.

IT services giant Infosys Ltd said it received no evidence on Monday to support the claims in last month’s whistleblower letter, sending shares up to 6.5% in the morning market.

A note, alleged to have been written in October by the company’s employees, said Chief Executive Salil Parekh advised them and others to circumvent approvals for major transactions, anticipating a negative impact from reduced income on stocks.

“There is no supporting evidence that the company has received along with these anonymous complaints to support the allegations,” said Infosys in a letter dated November 2 to the National Stock Exchange (NSE).

Related Posts

Man robbed of wallet and Rolex at Von’s parking lot.
A Florida sheriff’s deputy arrested her daughter for synthetic marijuana trafficking.
Police arrested a man at San Francisco airport who attacked three people with an “edged weapon.”
How to Become a Master at Managing Your Money

Last month, Infosys said the U.S. Securities and Exchange Commission (SEC) launched a sample of whistleblower claims that the Indian software services firm used “unethical practices” to boost revenue and profit.

The allegations were still under investigation and the firm was unable to ascertain “concreteness, reliability, and materiality of complaints,” said the company based in Bengaluru in its letter to the NSE.

The letter was in reply to the company’s request by the NSE to clarify why it had not disclosed the letter’s receipt.

Infosys said since the allegations were not deemed “material” under Indian regulation, the company was not obligated to disclose them.

Source: IndiaToday

 

Armed woman intervenes to protect a man who was shot in the face by assailant.
Black Student Penalized For Hairdo Wants to ‘Start Being a Kid Again’
Gold Star Mom Responds to Harris’s Criticism of Trump’s Arlington Visit: ‘We’ve Been Disrespected So Much’
A Colorado babysitter is accused of abandoning a 2-year-old boy fighting for his life due to a brain bleed.
Guo Wengui and his “Singing Emperor Dream” The birth of the new century star in the live broadcast room
Share This Article
Facebook Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Jimmy Carter, the oldest living former president in history, appeared in good spirits when he addressed Sunday school at Maranatha Baptist Church in Plains, Ga., two weeks after he fell and fractured his pelvis. Jimmy Carter returns to Sunday school, talks about his own mortality
Next Article Mayor Pete Buttigieg on challenging Democratic presidential frontrunners Castro lays into Buttigieg on ‘bad track record’ with African Americans
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Publications

Amarna Miller biography
Amarna Miller’s bio, wiki, age, net worth, boyfriend, height and more
Biography
June 1, 2025
Two women robbers dress as 'Roman' sisters to rob a bank
Two women robbers dress as ‘Roman’ sisters to rob a bank
News
May 30, 2025
7 Common Mistakes to Avoid When Beginning a Career in Education
Education
May 30, 2025
Home education
Why Continuing Education Matters More Than Ever in Healthcare
Education
May 29, 2025
26-year-old boy beaten up by 2 wives for trying to marry 3rd wife
26-year-old man beaten up by 2 wives for trying to marry 3rd wife
News
May 28, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe

You Might also Like

The Different types of solar panels and solar inverters
Business & FinanceNews

California CPUC Suddenly Releases the New NEM 3.0 Proposal

November 30, 2022
China launches a new-generation amphibious assault ship.
News

China launches a new-generation amphibious assault ship.

December 28, 2024
News

Man accused of making threats against a high school, police station, and movie theater in Arizona

June 7, 2022
News

California Man With Severe Autism Breaks Rubik’s Cube World Record: ‘Exuberance in Our Hearts’

July 3, 2023
Show More
© 2025 Thenewsgod. All Rights Reserved.
  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Disclaimer
  • Authors
  • Media Partners
  • Videos
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?