Infosys Settles Insider Trading Charges With Market Regulator, To Pay…

New Delhi : India’s second-largest IT services exporter, Infosys, has resolved insider trading charges, the country’s market regulator announced on Thursday. CEO Salil Parekh agreed to pay 2.5 million rupees (around $30,000) for not having sufficient controls to prevent insider trading, according to the Securities and Exchange Board of India.

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