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
Only 2 bride grooms...... our community members are not ready to take the advantage.....
I suggest all the organizers to sit together, plan for the year, and announce the venues at different places with the gap of 2-3 months....People can avail the benefit according to the needs of all the people concerned......
open encouragement of dowry ... mama ...min 80 gram gold + babe+ gifts bere jothege baaaduta ( stolen cow meat biryani ) ...yella okay bride na torsode illa yaake ? haha ... faizhal bhai ee varshanu attend agideera hege ? haha sumne kelidu maarre ... 4 options ottrasi untalla so haage keliddu ... hengri maintain madtira 4 4 na .. haha
Are the Organizers ready for this kind of Marriage for theirselves or for their Daughter or for their son?. If no, no use of such things. It is only for their time pass.
Are the Organizers ready for this kind of marriage for themselves or for their Daughter or their son ? this is the Million Doller question.
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