New Delhi | Jagran News Desk: Bengaluru-based IT company Infosys on Wednesday rubbished off whistleblower's claims of 'unethical practices' by the CEO Salil Parekh and CFO Nilanjan Roy calling it ''mischevious'' in nature. In a stock exchange Filing Chairman Nandan Nilekani said, "These speculations are appalling and seem to be aimed at tarnishing the image of some of the most accomplished and respected individuals," as quoted by PTI.

"I have a deep regard for the life-long contribution of all our co-founders. They have built this institution and have served this company selflessly and even today, remain committed to the long-term success of Infosys," he added.

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"As we have previously stated, the audit committee has appointed an external law firm to conduct an independent investigation into the allegations made in the complaints. We will share the outcome of the investigation at the relevant time with all stakeholders," PTI quoted Nilekani as saying.

Some media reports claimed that Nikelani told the analyst in a conference call that even God cannot change the earnings of the company. He said that he felt ''insulted with accusations'' but does not to bias the investigation.

Earlier on Monday, the company had said that there is no prima facie evidence yet to corroborate any of allegations by the whistleblowers. On October 21, Infosys had said it is examining charges made by some unnamed employees against the CEO and CFO of unethical accounting practices to boost revenue and profit for many quarters.

On Wednesday the company's shares rose by 2.37 per cent at Rs 712.30 on BSE over its previous close on the BSE.

Infosys-- second-largest IT company in the world-- is one of the most respected corporations in India. It was set up in 1981 by Nandan Nilekani, S Gopalkrishnan and N R Narayana Murthy, among others.

Posted By: James Kuanal