Infosys hires PwC to probe plaints

MUMBAI: InfosysNSE 0.32 % has hired PwC to investigate two whistle-blower complaints alleging financial malfeasance against chief executive Salil Parekh and finance chief Nilanjan Roy, three people with direct knowledge of the matter said.

The Bengaluru-based technology company has already roped in law firm Shardul Amarchand Mangaldas (SAM) to look into the legal side of the complaints and asked its internal auditor, EY, to probe its revenue recognition practices. Its board on Saturday decided to carry out an investigation independent of the other two as it wanted a “fresh set of eyes” to look into the allegations, said the people.