Bengaluru, Jan 11: India’s second-biggest IT company, Infosys Ltd, said it found no evidence of financial misconduct by its executives following a investigation into whistleblower complaints.
Bengaluru-headquartered Infosys, which earlier on Friday raised its revenue forecasts due to upbeat demand from Western clients, said an audit committee report exonerated Chief Executive Officer Salil Parekh and Chief Financial Officer Nilanjan Roy of all allegations, including accusations that the duo prevented employees from presenting data on large deals.
“I’m very happy that CEO Salil Parekh and CFO Nilanjan Roy have emerged from this stronger,” Infosys Chairman Nandan Nilekani told reporters. “The last two years since Salil has been here the company has changed dramatically for the better.”
Parekh took over as Infosys CEO in January 2018, after his predecessor Vishal Sikka quit following a public row with the company’s founder executives amid whistleblower allegations of wrongdoing.
The company earlier said it expected revenue to grow between 10 per cent and 10.5 per cent on a constant currency basis in the year ending March 2020, compared with its previous forecast of between 9 per cent and 10 per cent.
“We continue to see momentum in the market and we have an extremely robust pipeline driven by segment leaders,” CEO Parekh told a news conference.
“With the strength of large deal wins and digital momentum, we were able to clearly see that we have support to raise our guidance.”
Comments
Name kaise Chenge kar diya wo mere chchu the or unka name aslam alam tha or wo bihar se the how its ......
depatment ne bola ye accident hai .however body pe es scratch ase he nhi aa raha jo lage ki accident hai .. saar pe chot lage aisa laag raha jaise kise ne piche se saar pe mara or saar me hole sa ho gaya .. ungaliyo pe nishan aise jaise unko koe lohe ya lakri se mara ho and wo hath se bacha rahe ho .. body ki roknte khare the jaise ki wo kise se daar gaye ho .. hatho n bach me scratch aise jaise aunko khech ki gadhe me gira diya ho.. jis jahag se body mele waha khun ke ek v daag nhi .. saar me chot waha lage jo helmet se cover hota hai .. helmet gere mene bt wo tute nhi .. agar bike over control hue to helmet tut jana chahea .. its seems its not an accident .. its something else..
however it may happened but it is not a good thing for his family
he aslam alam .. he is from bihar .. we are still waiting for his body .. and he was my uncle who is no more ...please pray for him
he was my uncle . he was on duty .. and he belong from bihar .... :'(
he was my uncle .. and he is from bihar ..
tragic incident....
Inna lillahi wa inna ilahi wa rajioon!
Ohh horrible incident, RIP .
very sad incident, he is from chhattisgarh, heartfelt condolence to his family, RIP.
Add new comment