Infosys' settlement with SEBI perfectly fine: Mohandas Pai
Infosys' move to settle the alleged disclosure lapses involving former CFO Rajiv Bansal's severance pact with SEBI is "perfectly fine", the company's former CFO Mohandas Pai has said. Pai disagreed with a whistleblower who asked the regulator to prosecute Infosys' management as well as the board. The whistleblower has argued that a settlement was similar to a "backdoor agreement".