{"id":827354,"date":"2024-06-28T11:22:42","date_gmt":"2024-06-28T05:52:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=827354"},"modified":"2024-06-28T11:49:21","modified_gmt":"2024-06-28T06:19:21","slug":"infosys-ceo-parekh-settles-insider-trading-case-with-sebi-pays-25-lakh","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/28\/infosys-ceo-parekh-settles-insider-trading-case-with-sebi-pays-25-lakh\/","title":{"rendered":"Infosys\u2019 CEO Parekh settles insider trading case with Sebi; pays `25 lakh"},"content":{"rendered":"<p>IT giant Infosys\u2019 MD and CEO Salil Parekh has settled with markets regulator Sebi a case pertaining to alleged violation of insider trading norms after paying Rs 25 lakh.<\/p>\n<p>He allegedly failed to put in place \u201cadequate and effective systems\u201d of internal control to ensure compliance for preventing insider trading, according to an order passed by the Securities and Exchange Board of India (Sebi).<\/p>\n<p>The case emerged from Sebi\u2019s investigation between June 29, 2020, and September 27, 2021, in the matter of alleged insider trading in the scrip of Infosys. The regulator probe found that certain information which was Unpublished Price Sensitive Information (UPSI) had not been considered as such by Infosys.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT giant Infosys\u2019 MD and CEO Salil Parekh has settled with markets regulator Sebi a case pertaining to alleged violation of insider trading norms after paying Rs 25 lakh. He allegedly failed to put in place \u201cadequate and effective systems\u201d of internal control to ensure compliance for preventing insider trading, according to an order passed by the Securities and Exchange Board of India (Sebi). The case emerged from Sebi\u2019s investigation between June 29, 2020, and September 27, 2021, in the matter of alleged insider trading in the scrip of Infosys. The regulator probe found that certain information which was Unpublished [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,4,18],"tags":[],"class_list":["post-827354","post","type-post","status-publish","format-standard","hentry","category-it-2-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=827354"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827354\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=827354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=827354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=827354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}