Crisil places Infosys on ‘ratings watch’

The move by Crisil, the Indian arm of global major S&P, comes in the backdrop of Infosys’ recent disclosure that two whistleblowers have written mails to its board, alleging malpractices by its top management in recognising revenue and also auditing. Currently, Infosys doesn’t have any debt based on Crisil’s rating.

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