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> Infosys Settles Insider Buying and selling Prices With Markets Regulator, To Pay…

Infosys Settles Insider Buying and selling Prices With Markets Regulator, To Pay…


Infosys Settles Insider Trading Charges With Markets Regulator, To Pay...

Bengaluru:

India’s No.2 IT companies exporter Infosys’ CEO Salil Parekh has settled expenses of violating provisions of insider buying and selling, the nation’s markets regulator mentioned on Thursday.

Mr Parekh agreed to pay 2.5 million rupees (round $30,000) for failing to have sufficient controls to forestall insider buying and selling, the Securities and Trade Board of India mentioned. 

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