A lawsuit by Wipro Ltd. (NYSE: WIT) against its former CFO, Jatin Dalal, following his move to rival IT services giant Cognizant Technology Solutions Corp (NASDAQ: CTSH) has been referred to arbitration by the court, The Indian Express reported today. The suit alleged Dalal violated his noncompete clause when he moved, according to the report. Cognizant had announced in September 2023 that Dalal would join it as CFO. SIA has reached out to Wipro and Dalal for comment.
Wipro suit against former CFO goes to arbitration (The Indian Express)
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