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In a significant development, Infosys' CEO Salil Parekh has settled an insider trading case with Sebi by paying a fine of Rs 25 lakh. The case stemmed from allegations that Infosys failed to implement sufficient internal controls to prevent insider trading during a specific period. This settlement not only resolves regulatory concerns but also highlights the importance of robust corporate governance and compliance measures in India's corporate landscape. The outcome underscores the ongoing scrutiny and expectations placed on executives to uphold ethical standards and transparency within their organizations.