Persistent Systems fell 1.62% to Rs 5667.15, following reports that its key client UnitedHealth Group is under a criminal investigation for potential Medicare fraud.

Former GSK boss Sir Andrew Witty’s decision to leave the role was for “personal reasons”. UnitedHealth Group’s chairman Stephen Hemsley has been named as the new chief executive, while also remaining ...

Stephen Hemsley hasn’t been CEO at UnitedHealth Group in nearly a decade yet he’s never really left. Hemsley, 72, has ...

UnitedHealth Group faces a U.S. Department of Justice criminal investigation for potential Medicare fraud, as reported by the ...

UnitedHealth Group (NYSE: UNH) is under investigation by the U.S. Department of Justice (DOJ) for potential criminal fraud ...

The double downgrade comes a day after the stock tumbled 17.8% on Tuesday to close at a near five-year low. While the stock edged up 0.7% in midday trading on Wednesday, it has plunged 46.4% since ...

Shares of UnitedHealth Group fell after The Wall Street Journal reported that the Justice Department is investigating the company for possible criminal Medicare fraud. The stock fell 5.1%, to $292.40, ...

Reports of the DOJ probe come as UnitedHealth grapples with allegations of potential antitrust violations, as well as a civil ...

UnitedHealth Group announced that CEO Andrew Witty is stepping down due to 'personal reasons,' and former CEO Stephen Hemsley ...

UnitedHealth Group's stock has plunged nearly 50% due to the CEO resignation, withdrawal of guidance, and ongoing legal ...

The company quickly announced his predecessor as Stephen J. Hemsley, who was previously the CEO from 2006 to 2017.

Hemsley, 72, had led the company for more than a decade until 2017 and is re-taking the reins following a series of setbacks.