Infosys Shares Sink 10% After Whistleblowers Target CEO Over ‘Unethical Practices’

Infosys Ltd.’s shares fell 10 per cent on Tuesday after CEO Salil Parekh and CFO Nilanjan Roy were accused of unethical practices by anonymous employees. The stock fell as much as 10 percent to Rs 691.10 per share on the NSE. Most brokerages said the allegations could lead to a lot of potential uncertainty for […]

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Michael Jordan Says Steph Curry Is ‘Not A Hall Of Famer Yet’

Stephen Curry is the consensus best three-point shooter of all-time. He already is third all-time in three-pointers made in his career and is fifth all-time in three-point shooting percentage. He has won three NBA titles and two MVPs, if he retired tomorrow, he would be a lock for the Naismith Basketball Hall of Fame – […]

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Sensex, Nifty flat; Infosys slumps 10% on whistleblower complaint

Indian equities were little changed on Tuesday amid a fall in shares of Infosys Ltd. Traders exercised caution, awaiting fresh cues on the potential trade deal between the US and China. At 9.20am, the benchmark Sensex was down 0.18% or 71.10 points at 39227.28 points, while the Nifty 50 was 0.04% lower at 11657.15 points. […]

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A high school girls soccer team was penalized for jerseys that said ‘equal pay’ during a game, but earned support for their message off the field

After scoring a goal that put the Burlington High School Seahorses ahead of the opposing team, four players took off their jerseys to reveal custom-made shirts with the message “#EQUALPAY” as they basked in the glory. The referees issued the four players yellow cards, but the crowd subsequently erupted in a chant of “equal pay,” […]

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Infosys share opens 10% lower on Sensex, Nifty; Rs 44,283 crore investor wealth lost amid allegations of ‘unethical’ practices

Infosys share only saw sell orders and no buy orders on the BSE and NSE. Infosys share price opened 10% lower on BSE and NSE today as the IT firm faces allegations of indulging in ‘unethical’ practices to generate more profit and revenue from an anonymous employee group, named as ‘Ethical Employees’. Infosys share price […]

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Sensex Rises Over 100 Points, Nifty Above 11,700; Infosys Shares Down 10%: LIVE Market Updates

Domestic stock markets rose in early deals on Tuesday after a negative start amid volatile trade. The S&P BSE Sensex index rose as much as 128.09 points to touch 39,426.47 in the first few minutes of trade, and the broader NSE Nifty benchmark climbed to as high as 11,714.35, up 52.5 points from the previous […]

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Here’s how to help and what dog supplies to buy and donate on National Make a Dog’s Day 2019

National Make a Dog’s Day launches today, October 22, 2019, as Subaru aims to bring awareness to the hardest to adopt shelter dogs. Subaru will work closely with The American Society for the Prevention of Cruelty to Animals® (ASPCA®) to support dogs that don’t often get adopted. Approximately 3.3 million dogs enter shelters each year. […]

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Astros executive Brandon Taubman under fire for Osuna comments

Astros assistant general manager Brandon Taubman yelled in the direction of a group of female reporters during the team’s American League Championship Series clubhouse celebration on Saturday, three eyewitnesses – including two Chronicle reporters – confirmed on Monday. Sports Illustrated first reported the story Monday night. According to the Sports Illustrated report, Taubman yelled “”Thank […]

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Infosys Dives Most in Six Years After Whistle-Blowers Target CEO

(Bloomberg) — Infosys Ltd.’s shares plunged to a 10-month low in New York after whistle-blowers accused Chief Executive Officer Salil Parekh of leading an effort to shore up profits through irregular accounting, turning up the heat on an IT services giant that endured internal turmoil just two years ago. The letter, addressed to the board […]

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Live: Sensex, Nifty Swing In Open; Infosys Drops 16%

Opening Bell: Sensex, Nifty Open Lower Indian equity indices fluctuated between gains and losses in the opening trade. The S&P BSE Sensex and the NSE Nifty 50 traded little changed at 39,317 and 11,683 respectively. The broader markets represented by the NSE Nifty 500 Index rose 0.27 percent. The market breadth was tilted in favour […]

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