Infosys witnesses rise in stock value on saying no evidence found in whistleblower complaints
Shortpedia
Content Team
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The shares of the country's second-largest software services company, Infosys, rose as much as 6.46 percent on the National Stock Exchange, to hit an intraday high of Rs. 732.50 after the company said it found no evidence supporting the allegations in a whistleblower letter from last month which alleged unethical practices and accused CEO Salil Parekh of leading an effort to shore up profits through irregular accounting.
