Mumbai (Maharashtra) [India], Nov 4 (ANI): Shares of software major Infosys jumped over five per cent on Monday after it said there is no prima facie evidence yet to corroborate any of allegations by the whistleblowers.
Hyderabad (Telangana) [India], Oct 29 (ANI): BJP spokesperson Krishna Sagar Rao on Tuesday said that Chief Minister K Chandrashekar Rao has misled the accounting process of the state and presented wrong accounts to the Comptroller Auditor General (CAG).
Mumbai (Maharashtra) [India], Oct 29 (ANI): Equity barometers closed nearly 1.5 per cent higher on Tuesday as full-day trading in the traditional Hindu accounting year Vikram Samvat 2076 began on a positive note after an extended weekend on account of Diwali.
Mumbai (Maharashtra) [India], Oct 27 (ANI): Equity benchmark indices closed nearly half a per cent higher on Sunday after the special one-hour trading session on Diwali, the festival of lights, which also marks the beginning of traditional Hindu accounting year Vikram Samvat.
Bengaluru (Karnataka) [India], Oct 24 (ANI): The US Securities and Exchange Commission (SEC) has launched a probe into whistleblower claims that software major Infosys followed unethical accounting practices to boost revenue and profit.
New Delhi, Oct 23 (ANI): The Union Cabinet on Wednesday approved the Memorandum of Understanding (MoU) for capacity building and strengthening the accounting, financial and audit knowledge-base in Kuwait.
Mumbai (Maharashtra) [India], Oct 23 (ANI): BSE Ltd (earlier known as Bombay Stock Exchange) on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following unethical practices to shore up p
Bengaluru (Karnataka) [India], Oct 22 (ANI): Software major Infosys said on Tuesday it has engaged law firm Shardul Amarchand Mangaldas and Company to conduct an independent investigation on two complaints by some employees about unethical measures to boost profits.
Bengaluru (Karnataka) [India], Oct 21 (ANI): Software major Infosys is examining charges made by some unnamed employees accused its Chief Executive Officer Salil Parekh and Chief Financial Officer Nilanjan Roy of unethical practices for many quarters.
Mumbai (Maharashtra) [India], Sep 30 (ANI): Shares of Indiabulls Group tanked in the morning trade on Monday with Indiabulls Housing Finance slumping by 30.16 per cent after the Delhi High Court agreed on Friday to hear a public interest litigation (PIL) alleging fund diversion and accoun
Noida (Uttar Pradesh) [India], Sept 3 (ANI): India's largest online business-to-business marketplace -- IndiaMart -- on Tuesday announced its investment in Vyapar, a mobile-based business accounting software for small businesses.
New York [USA], Aug 16 (ANI): A whistleblower has accused General Electric (GE) of using accounting tricks to mask the extent of its financial problems and called it a bigger fraud than Enron.