Infosys board rules out irregularities in Panaya deal
Infosys board under Chairman Nandan Nilekani gave a clean chit to the company's Panaya acquisition and eliminated allegations of wrongdoing. Nilekani said the conclusions of independent investigations are correct. Earlier, Infosys Founder Narayana Murthy had demanded the investigation report be made public but Infosys has said confidentiality is critical in ensuring whistleblowers' cooperation.