- Reuters
Infosys CEO settles Indian regulator's charge of lacking controls to prevent insider trading
BENGALURU (Reuters) -Infosys CEO Salil Parekh settled charges for failing to place adequate internal controls to prevent insider trading at India's No.2 IT services exporter during a 2020 contract, the country's markets regulator said on Thursday. Parekh agreed to pay 2.5 million rupees (around $30,000) to settle the markets regulator's charge, which was related to a contract for Infosys to provide U.S. financial firm Vanguard with a cloud-based record-keeping platform. Infosys publicly disclosed the deal in 2020, but the Securities and Exchange Board of India (SEBI) said "certain information which was unpublished price sensitive information (UPSI) had not been considered as such by Infosys".
- Zacks
Top Analyst Reports for NIKE, Stryker & TJX
Today's Research Daily features new research reports on 16 major stocks, including NIKE, Inc. (NKE), Stryker Corporation (SYK) and The TJX Companies, Inc. (TJX).
- InvestorPlace
3 Emerging Market Stocks to Buy Before They Take Off
Emerging market stocks to buy offer access to fast-growing economies and global growth drivers. Emerging economies are projected to grow over 4% this year, compared to just 2% for developed economies. This growth, combined with attractive valuations, underscores the potential for portfolio diversification in emerging markets. However, one key concern is how moves in foreign exchange rates could impact investment returns. For U.S.-based investors, a potential decline in the U.S. dollar (USD) typi
