Express News Service
BENGALURU: Two executives of IT major Infosys Pranshu Bhutra, Senior Corporate Counsel and Venkata Subramaniam VV, Senior Principal, Corporate Accounting Group may face suspension if allegations that they shared unpublished price sensitive information are proven, legal experts told this publication.
On May 31, SEBI barred both the Infosys employees, as well as six other entities, from trading after finding prima facie that they had helped traders earn profits worth Rs 3 crore from June-July,2020.
In August 2020, Infosys had fined its independent director Bobby Parikh for inadvertent trading by his wife’s portfolio company, which violated the company’s policies.
India Business News: Markets regulator Sebi has banned from the stock market two senior executives at software services major Infosys, for allegedly helping six entities t
In today s ETtech Morning Dispatch newsletter, e-commerce firms get a pandemic boost from Mumbai and Delhi; Digital payments see a sharp decline; and Infosys begins internal probe after insider trading allegations.
Infosys senior staff fingered for insider trading by Indian regulators theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.