Tech
Infosys settles insider trading charges with Sebi, agrees to pay Rs 25 lakh fine
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BENGALURU: 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.
Parekh agreed to pay Rs 25 lakh (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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