Infosys is also aware of a securities class action lawsuit that has been filed against the company in federal court in the United States based on generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit, it said.
BSE Ltd (earlier known as Bombay Stock Exchange) on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower…
An anonymous group called ‘ethical employees’ alleged in a letter to the board of Infosys and the US Securities and Exchange Commission that company’s CEO Salil Parekh and CFO Nilanjan Roy took disturbing unethical measures to boost profits and short-term revenue.
Infosys has been selected as the main supplier to deliver Volvo Cars’ digital transformation services for its enterprise digital commercial operations applications and products.
IT major Wipro reported the highest increase in number of sexual harassment complaints in absolute numbers. ICICI Bank and Infosys showed maximum reduction in absolute numbers with the private lender reporting 40 cases lesser in FY19.
Digital services and consulting major Infosys has won the United Nations Global Climate Action Award in ‘carbon neutral now’ category, becoming
Infosys, Tata Consultancy Services (TCS) and HCL Technologies were among the rare set of stocks on the benchmark Nifty that lost on a day Indian equities logged their biggest gains.
H-1B Visa denials at all-time high, about half of top IT companies’ work visa applications rejected in the past year by the United States.
Infosys has brought in consultants to review its contract with Huawei. Moreover, other Indian companies to follow up Infosys.
Infosys completes formation of strategic partnership with ABN AMRO in Netherlands IT major Infosys has completed the formation of a strategic partnership with ABN Amro in the Netherlands by acquiring 75 per cent of the shareholding in their wholly-owned end-to-end…