Infosys profits jump 23.5pc

India’s second-largest IT outsourcing firm Infosys on Friday announced a 23.5 percent jump in its quarterly net profits, beating estimates as it declared that an internal probe had found no evidence of misconduct by its top executives.

This was the company’s first financial announcement after whistleblower allegations sparked an internal investigation as well as an ongoing probe by the US Securities and Exchange Commission in October last year.