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Infosys crashes in trade after whistleblower allegations

Oct 22, 2019 11:05 IST

Infy crashed the most in 6 years on Tuesday after a group of anonymous employees of the Indian IT major accused CEO Salil Parekh and CFO Nilanjan Roy of unethical practices for many quarters. Infosys Chairman Nandan Nilekani issued a statement on whistleblower allegations, saying the company will ensure allegations are probed to the fullest extent. Both the CEO & CFO have been recused from this matter to ensure independence