Whistleblower allegations at Infosys—To trust or not?
On 21 October, the audit committee retained the law firm of Shardul Amarchand Mangaldas to conduct an independent investigation
The whistleblower complaints can be broadly categorized into three buckets
The recent whistleblower complaints have dented Infosys’s stellar reputation. Given the corporate governance issues at many Indian companies, investors have been paying a premium for companies with good corporate governance practices. Historically, Infosys held on to the highest standards in corporate governance, and seemed to have maintained its standing since the new CEO Salil Parekh took over in the second half of FY18.