ANF personnel killed in encounter with 'naxalites' in Belthangady

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.”

Bengaluru, Mar 23: Film producer, philanthropist and entrepreneur V K Mohan committed suicide by hanging himself in a hotel in the city on Monday, police said.

Mohan, who hailed from Kundapur Taluk, Udupi District, was a famous film producer and hotelier.

According to police, Mohan arrived at the hotel on Sunday night and when he did not open the door of his room on Monday, hotel staffs, grew suspicious and peeped through the room window, found him hanging.

Bengaluru, Jun 8: Karnataka Pradesh Congress Committee (KPCC) chief DK Shivakumar on Sunday said that Congress is a secular party and they clearly do not want any third candidate from BJP to win the Rajya Sabha elections.

Speaking to news agency, Shivakumar said, "We are a secular party. We are very clear that we don't want any BJP third candidate to win the Rajya Sabha election. My leader, Sonia Gandhi will take a call on it."
"My party leaders have taken a call on HD Devegowda Ji, very soon they will come with an announcement," he added.

Shivakumar had on Saturday said that the party has decided to field one candidate for the forthcoming Rajya Sabha elections.

He said the party would soon take a decision on the issue of support to former Prime Minister HD Deve Gowda's candidature to the Upper House.
The elections to fill the vacant 18 Rajya Sabha seats from seven states will be held on June 19.