Infosys Ltd chairman Nandan Nilekani on Tuesday said the whistleblower complaints are “being dealt with in an objective manner”. The complaint, which the company disclosed on 21 October, has accused the company’s chief executive officer and chief financial officer of unethical accounting practices.
Analysts feel while the issue is severe, it is not limited to Infosys. “Everyone in the industry takes short cuts and nobody is foolproof. But since this is the second time for Infosys, they need to handle this in a much more transparent manner by hiring credible third party experts who can question the obvious. This surely points to the need for more structural reforms within the company,” said Sanchit Vir Gogia, chief analyst, Greyhound Research.
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Technology & Innovation Research & Advisory firm. To read more about him, click here.
Have a question on this or other Technology & Innovation topics? Click here to set up an enquiry call with Sanchit Vir Gogia.
Copyright © 2019 Greyhound Research. All rights reserved. You may share this research note using the options made available. Please don’t copy this research note (complete or parts) and distribute over the web and emails. Connect with us if you need clarifications.