Monday, October 21, 2019

Infosys stock dives 14% on whistleblower plaint

A letter accusing CEO Salil Parekh of dressing up the company’s financials to show better revenue and profit numbers sent the company’s share price plummeting by 14% in morning trade on the New York Stock Exchange (NYSE) on Monday.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/32D1t4j
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