Wipro, ex CFO Dalal to go into arbitration over non-compete clause breach
By MYBRANDBOOK
Indian IT major Wipro will go into arbitration with its former CFO Jatin Dalal after he joined rival Cognizant, according to a civil court order in Bengaluru. Wipro in November alleged Dalal's appointment as Cognizant's CFO violated a non-compete clause. The clause lists 10 of Wipro's competitors and states that he cannot work in any capacity with them for 12 months after his exit.
Dalal joined Cognizant on Dec. 1, the day after his last day of employment with Wipro.
In its petition, Wipro asked for 251.5 million rupees ($3.02 million) plus interest in damages, as well as a permanent injunction on Dalal from being able to share company-sensitive details with Cognizant.
Dalal's agreement with Cognizant has conditions similar to his contract with Wipro.
In response, Dalal said in November that non-compete clauses were in violation of Section 27 of the Indian Contract Act and therefore unenforceable.
He applied for arbitration on the grounds that the agreements he signed allow for dispute resolution via this method.
This is the second such action Wipro has taken against its former senior executives. Last month, Wipro filed a complaint in the U.S. District Court in New Jersey against the company's former healthcare and medical devices sector head Mohd Haque, who also joined Cognizant.
BREAKING NEWS
TECHNO TRENDS
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Paytm brings UPI Lite Wallet for low-value transactions
Paytm’s parent company One97 Communications (OCL) is emphasizing upon UP...
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
E-Magazine
TECHNOTAINMENT
Airtel Xstream Play strengthens regional content library, part
Bharti Airtel (“Airtel”), one of India’s leading telecommunications
ED attaches Raj Kundra, Shilpa Shetty’s Rs 97 crore worth as
The Enforcement Directorate (ED) has seized businessman Raj Kundra's pro
MOVERS & SHAKERS
Clover Infotech appointed Subham Banerjee as CDO
Clover Infotech has announced the appointment of Subham Banerjee as its Ch
Saviynt ropes in Sanjeevi Kumar as new Sales Director in India
The cloud-native identity and governance platform solutions provider Saviy
OPEN YOUR EYES
INTERVIEWS
HPE Aruba Networking bridging the physical and digital worlds
The information technology industry is a critical component of the 21st cen
Fire-Boltt innovates and introduces newer categories to make i
One of the biggest strengths and focus area of Fire-Boltt is innovation. Wi
HOT PICK
COLORFUL rolls out an array of gaming laptops
COLORFUL launched its incredible series of COLORFUL EVOL P15 gaming laptop
Dell Technologies launches new AI-powered commercial PC portfo
Dell Technologies has launched the broadest portfolio of commercial AI lap
MAKE IN INDIA BRANDS
ZOHO CORPORATION PVT. LTD.
HAVELLS INDIA LTD.
VERSA NETWORKS INDIA PVT. LTD.
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Deepinder Goyal
Deepinder Goyal is the Founder and CEO of Zomato. Deepinder, or Deepi,...
Technology Icons Of India 2023: Bharat Goenka
Bharat Goenka is the Managing Director of Tally Solutions. He is well ...
Technology Icons Of India 2023: Honorary Prof. N. Balakrishnan
Prof. N. Balakrishnan is an Indian aerospace and computer scientist. H...
PARTNER SPEAKERS
PSU
C-DOT enabling India in indigenous design, development and production of telecom technologies
An autonomous telecom R&D centre of Government of India, Center of Dev...
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
VIDEOS
Top 25 Brands
Value-Added Distribution
SONATA INFORMATION TECHNOLOGY LIMITED
Sonata Software Limited is a leading Modernization engineering company...
RAH INFOTECH
RAH Infotech is India’s fastest growing technology value added dist...
IRIS GLOBAL SERVICES PVT. LTD.
Iris Global services is one of the leading distribution houses that d...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
 INDERJEET SINGH.jpg)
