US authorities have been investigating Infosys's use of visas since 2011. 

 

"There were no criminal charges or court rulings against the company. Furthermore, there are no limitations on the company's eligibility for federal contracts or access to US visa programmes as a result of the settlement," the company said in a statement. 

 

"As reflected in the settlement, Infosys denies and disputes any claims of systemic visa fraud, misuse of visas for competitive advantage, or immigration abuse. Those claims are untrue and are assertions that remain unproven," it said. 

 

Earlier this month, Infosys said it had set aside a reserve of $35 million as it worked towards a resolution for the US government's investigation.

 

Sourse : Times of India