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INFOSYS WRONGDOING ALLEGATIONS
Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...- IT firm Mphasis sues Coforge in US court over alleged employee hiring, access to client dataSoftware firm Mphasis has filed a lawsuit against rival Coforge in a US court. Mphasis claims Coforge hired its former executives in violat...
- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- Cognizant accuses Infosys of trade secret misappropriation in legal fightCognizant's subsidiary TriZetto accused Infosys of misappropriating trade secrets and not complying with audit requirements. TriZetto claim...
- Not received Sebi request for further audits: InfosysEarlier this month, Infosys put out the results of its internal investigation -- clearing the executives of all wrong-doing. The whistleblo...
- Infosys' audit committee finds no wrongdoing, SEC investigation continuesIn October, a whistleblower mailed the Infosys board with a slew of charges against salil Parekh & Nilanjan Roy.
- Infosys to pay California $8,00,000 over foreign workers’ visas, tax fraudInfosys will pay California USD 800,000 (nearly Rs 56 crore) to resolve allegations that between 2006 and 2017, approximately 500 Infosys e...
- Infosys hires law firm to probe charges, stock tanks over 16%CEO Salil Parekh and CFO Nilanjan Roy, accounting malfeasance, have been recused from the matter to ensure independence of the probe, Infos...
- Whistleblower complaint placed before audit committee: InfosysAn anonymous group that calls itself "ethical employees" have alleged that the company is taking unethical steps to increase short-term rev...
- Infosys takes Panaya, Skava sale off the tableIn April, Infosys had announced its plan to sell Panaya.
- Infosys cites data deletion to deny Rajiv Bansal's paymentInfosys, which had made an initial payout of Rs 5 crore to Bansal, later withheld further payment “pending clarifications with regard to su...
- Achhe din still elude Infosys; Murthy back to rabble rousingNarayana Murthy on Tuesday said that he was disappointed with the stand taken by the board.
- Analysis: Growing worries for Infosys investorsThis is the slowest growth rate since FY15 when revenue had increased by 5.6%.
- Murthy vs Infosys: Company declares Q2 numbers, fails to answer Panaya questionsInfosys said FY18 revenue would grow at 5.5-6.5% in constant currency. The company had previously forecast growth of 6.5-8.5%.
- I'm disappointed with Infosys board: Narayana MurthyInfosys founder Narayana Murthy today slammed the Infosys board for giving "unprecedented severance payment" to former CEO Rajiv Bansal.
- Infosys may have just exposed Narayana Murthy's moral crusade as a petty squabbleTaking a moral high ground, Narayana Murthy had brought his battles with Seshasayee and Sikka out in the open, haranguing them in letters.
- Won’t publish details of Panaya deal probe, no plan for review: Nandan NilekaniNilekani said there was no merit in the allegations of wrongdoing in Panaya acquisition.
- Narayana Murthy bats for corporate values above everything elseMurthy has been vocal in his demand for improvement in what he has termed as “poor corporate governance standards” at India’s second-larges...
- Board open to giving formal role to NR Narayana Murthy: Infosys co-chairman Ravi VenkatesanVenkatesan said he isn't surprised with the founders connect to the company, drawing parallels to his former employer Microsoft & its found...
- Infosys now faces anonymous plaint on governanceThe complainant, who claims to be an employee, said he or she is willing to reveal all information. "But, I want to be protected as a whist...
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