Business Standard

Despite whistle-blower 'distraction' Infosys getting large deals: Nilekani

Anonymous whistle-blowers last month alleged that Chief Executive Officer Salil Parekh used 'unethical practices' to boost revenue and profit in recent quarters

Infosys panel may summon CEO, CFO & finance team over whistleblower charges
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Ari Altstedter | Bloomberg
Infosys Ltd., the Indian software maker that’s battling whistle-blower allegations about its finances, sought to assure investors that the accusations have had little impact on the company’s ability to win contracts.

Anonymous whistle-blowers last month alleged that Chief Executive Officer Salil Parekh used “unethical practices” to boost revenue and profit in recent quarters. The whistle-blowers also said recent big deal wins may have come with negligible margins. They asked the board of the Indian company to investigate and take action, offering to provide emails and voice recordings to support their allegations.

“Customers are supportive, we have proactively reached out” to clients, Chairman

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