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Tuesday, 22 October 2019

Infosys investors lose Rs 53,000 crore in a day

Shares of IT services firm Infosys on Tuesday plummeted nearly 17 per cent, wiping Rs 53,451 crore from its market valuation, on concerns over a whistleblower complaint which alleged that two top executives of the company were indulging in unethical practices to increase short-term revenue and profits.

from Times of India https://ift.tt/35RUpTL
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