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Wipro and Infosys are pursuing legal action against former executives joining Cognizant, raising questions on non-compete clauses' validity in India. While Wipro sued ex-SVP Mohd Haque and CFO Jatin Dalal, Infosys accused Cognizant of unethical hiring. Experts note the challenges enforcing non-compete clauses due to constitutional rights.
Game on! Online gaming and media firm Nazara Technologies on Monday said it was raising Rs 100 crore from Nikhil Kamath, cofounder of retail stockbroker Zerodha, via an equity share issue. This and more in todays ETtech Top 5.
Former TCS CEO Rajesh Gopinthan drew Rs 29.16 crore in remuneration in FY23, an over 13.17 percent YoY increase from Rs 25.75 crore that he earned the previous year.