Tag: Salil Parekh

Infosys CEO settles insider trading case with Sebi; pays ₹25 lakh

June 27, 2024 admin

Infosys CEO and Managing Director Salil Parekh. File | Photo Credit: Reuters Infosys CEO Salil Parekh settled charges for failing to place adequate internal controls to prevent insider trading at India’s No.2 IT services exporter during a 2020 contract, the country’s markets regulator said on Thursday. Mr. Parekh agreed to pay 2.5 million rupees (around…

Business

Infosys Settles Insider Trading Charges With Markets Regulator, To Pay…

June 27, 2024 admin

Bengaluru: India’s No.2 IT services exporter Infosys’ CEO Salil Parekh has settled charges of violating provisions of insider trading, the country’s markets regulator said on Thursday. Mr Parekh agreed to pay 2.5 million rupees (around $30,000) for failing to have adequate controls to prevent insider trading, the Securities and Exchange Board of India said. Source…

Nation

Infosys CEO Salil Parekh Joins US-India Strategic And Partnership Forum Board

February 23, 2024 admin

File photo Washington: Salil Parekh, CEO and managing director at Infosys, has joined the US India Strategic and Partnership Forum as its board of directors. An industry veteran with nearly three decades in the IT services industry, executing business turnarounds and managing successful acquisitions, Mr Parekh in his capacity as Infosys CEO sets the strategic…

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