Whistleblower’s charges: testing time ahead for Infosys

Fresh allegations against Infosys from a group of employees who call themselves “Ethical Employees’’ will certainly hurt the company but what is more significant about these charges is that this group’s claim that they have enough documentary evidence to nail any denial from the company.

Fudging numbers

One can immediately draw parallels to the scandal involving Satyam Computers with regard to certain allegations, especially those concerning manipulating figures to artificially boost profits and revenues but then, Infosys has built for itself a solid reputation for corporate governance.

The allegations must have been completely unexpected considering Infosys had posted a good set of numbers during the second quarter of the fiscal – much better than its nearest competitor, TCS.