Sunday, 20 October 2019

Anonymous employees allege Infosys is dressing up its books

An anonymous group of Infoscions calling themselves 'ethical employees' has alleged that the firm has been dressing up its books to show better revenue and profit numbers. In a letter to the Infosys board and the US Securities Exchange Commission (SEC), they targetted CEO Salil Parekh with forcing the finance team to take a number of steps that go against standard accounting practices.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2MX1b1M
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