Cognizant CFO Jatin Dalal resolves lawsuit with Wipro

Cognizant Technology Solutions has announced that it has resolved a lawsuit filed by Wipro against its former chief financial officer (CFO) Jatin Dalal.

Dalal left Wipro on November 30, 2023, after being with the company for 21 years. He joined Cognizant as the CFO in December. A few days later, Wipro sued Dalal, accusing him of breaking the non-compete agreement in his work contract. The company sought ₹25.15 crore in damages along with 18 per cent interest per annum till the date of payment.