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

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.

Jun 27, 2024 - 02:00
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Infosys Settles Insider Trading Charges With Markets Regulator, To Pay...

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. 

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