Save as PDF 
Software major Wipro said it had agreed to pay a civil penalty worth $5 million to the US Securities and Exchange Commission (SEC) to resolve a six-year investigation on account of embezzlement of funds by an employee.
“Wipro’s decision to reach a settlement with the US SEC could well be a measure to play safe, anticipating the new administration in the US,” said Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research.
Discover more from Greyhound Research
Subscribe to get the latest posts sent to your email.