India’s Infosys getting large deals amid whistle-blower ‘distraction’

Bloomberg

Infosys Ltd, the Indian software maker that’s battling whistle-blower allegations about its finances, sought to assure investors that the accusations have had little impact on the company’s ability to win contracts.
Anonymous whistle-blowers last month alleged that Chief Executive Officer Salil Parekh used “unethical practices” to boost revenue and profit in recent quarters. The whistle-blowers also said recent big deal wins may have come with negligible margins. They asked the board of the Indian company to investigate and take action, offering to provide emails and voice recordings to support their allegations.
“Customers are supportive, we have proactively reached out” to clients, Chairman Nandan Nilekani said. Despite the “distraction” the company has complete focus on the business, he said, adding that Parekh informed him about a “large deal” recently.