Agrees to pay civil money penalty of USD 55 million
Wipro announced that it has reached an agreement with the US Securities and Exchange Commission to formally resolve the previously disclosed six-year old investigation. Under the terms of the settlement, the Company consents to pay a civil money penalty of USD 55 million, to cease and desist from committing or causing violations of the Exchange Act, and to undertake certain follow through actions.Powered by Capital Market - Live News
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