Business

Expedia raising $3.2 bn to weather pandemic hit

Expedia on Thursday appointed a new chief executive and said it would raise $3.2 billion to ride out the devastating slump in the travel industry linked to the virus pandemic.

Business

US federal probe launched against Infosys, firm says

The US Securities and Exchange Commission is investigating Indian IT giant Infosys after whistleblowers alleged its top executives acted unethically to inflate revenues, the firm said Thursday.

Business

Infosys shares plunge 14% after whistleblower allegations

Shares in Indian IT giant Infosys slumped more than 14 percent on Tuesday as the firm launched a probe into whistleblower complaints alleging its top executives acted unethically to inflate revenues.

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