Left Menu
Development News Edition

Infosys recovers lost ground; rises over 1 pc

PTI | New Delhi | Updated: 23-10-2019 10:48 IST | Created: 23-10-2019 10:45 IST
Infosys recovers lost ground; rises over 1 pc
Image Credit: ANI

Shares of Infosys on Wednesday bounced back, rising over 1 percent, after a massive selloff in the previous session on concerns over a whistleblower complaint against the company's top executives. The scrip gained 1.28 percent to Rs 651.55 on the BSE. On the NSE, it rose by 1.26 percent to Rs 651.70.

Shares of Infosys on Tuesday plummeted nearly 17 percent marking their worst intraday fall in over six years, wiping Rs 53,451 crore from its market valuation. A complaint by a group that calls itself "ethical employees" of Infosys has alleged CEO Salil Parekh and CFO Nilanjan Roy were indulging in "unethical practices" to boost short-term revenue and profits.

The IT services giant on Tuesday said it is investigating the anonymous whistleblowers' claims



Turbulence surrounding tobacco control in Ghana

... ...

Refugee compassion and response: Ideas to mitigate disasters now and in their future

Their homeland becomes a forbidden territory for them and more likely than not, their journey to foreign soil is no less traumatizing, not to say deadly. It is crucial to help refugees live a life of dignity and purpose....

Inadequate water infrastructure causes a tidal wave of coronavirus in rural Alaska

... ...


Latest News

China tweet that enraged Australia propelled by 'unusual' accounts, say experts

A Chinese officials tweet of an image of an Australian soldier that sparked a furious reaction from Canberra was amplified across social media by unusual accounts, of which half were likely fake, an Israeli cybersecurity firm and Australian...

Mainland China reports 17 new COVID-19 cases for Dec. 4

Mainland China reported 17 new COVID-19 cases on Dec. 4, unchanged from a day earlier, the countrys national health authority said on Saturday.The National Health Commission said in a statement 15 of the new cases were imported infections. ...

South Korea reports 583 coronavirus cases, off 9-month high

South Korea reported 583 new coronavirus infections on Saturday, down from the previous days 629, which was the highest since a first wave peaked in February and early March. Cases have been found largely in the capital Seoul and surroundin...

U.S. government ordered to reinstate protections for 'Dreamers'

In a rebuke to President Donald Trumps administration, a judge on Friday ordered the U.S. government to reopen to first-time applicants a program that protects from deportation and grants work permits to hundreds of thousands of immigrants ...

Give Feedback