Infosys: US investigating visa sponsorships

Tags: Infosys, US, Visa, News
Infosys, India's No. 2 software services provider, said it was being investigated in Texas

RELATED ARTICLES

over its sponsorship and use of U.S. business visas.

The company said it had received a subpoena last May from the U.S District Court for the Eastern District of Texas to provide certain documents to a grand jury on its sponsorships for, and uses of, B1 business visas.

In a U.S. Securities and Exchange Commission filing on Wednesday, the company said that it has now been told by the U.S. Attorney's Office that it and some employees are targets of the investigation.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Foreign brokerages must be Street-smart to win battle of bourses

    Earlier this week, Financial Chronicle reported that foreign brokerages were failing to crack the retail broking market in India, once seen as very pr

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

India needs to project soft power

The rise from a regional to a global p­ower is ...

Robert Clements

Walk the talk when giving others advice

The only thing one does with advice is to pass ...

Bubbles Sabharwal

Keeping our value system uninjured

Every time one reads a newspaper, there is fr­esh news ...