Anonymous employees allege Infosys is dressing up its books

Times of India | Oct 21, 2019 at 4:46 AM
  • Just when there looked to be some calm after the Vishal Sikka-Narayana Murthy storm, Infosys has been hit by turbulence again.
  • 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.
  • The letter also alleged how important metrics on large deals and other financial information is supressed as it will get the board’s attention.