Infosys Stole Our Trade Secrets, Cognizant Alleges, Files Suit In US Court

Edited by Debanish Achom | Saturday August 24, 2024, New Delhi

Cognizant TriZetto Software Group Inc has filed a case against Infosys Limited in a US court over alleged misappropriation of trade secrets, breach of contract, and unfair competition.

Anil Ambani Can't Hold Key Managerial Post In Listed Firms For 5 Years: SEBI

Edited by Debanish Achom | Friday August 23, 2024, New Delhi

Reliance Group Chairman Anil Ambani cannot hold a key managerial position in any listed company for five years, the capital markets regulator SEBI said in an order today.

Infosys $4 Billion Tax Demand Likely To Be Withdrawn After Backlash: Report

Reuters | Friday August 23, 2024, New Delhi

India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by the IT giant and an onslaught of criticism from the software services industry, said two government sources with direct knowledge of the plan.

Anil Ambani, 24 Others Banned From Securities Market By SEBI For 5 Years

Press Trust of India | Friday August 23, 2024, New Delhi

Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company.

LinkedIn Appoints Kumaresh Pattabiraman As Product Head In India

Indo-Asian News Service | Friday August 23, 2024, New Delhi

Microsoft-owned professional networking platform LinkedIn on Friday announced it has appointed Kumaresh Pattabiraman as new Country Manager and Product Head in India.

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