Wipro: Wipro to settle lawsuits against former executives Jatin Dalal, Haque

Share via:


Srinivas data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pallia” target=”_blank” rel=”noopener”>Pallia, the new chief executive officer of data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” rel=”noopener”>Wipro, has decided to data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/settle” target=”_blank” rel=”noopener”>settle the data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/wealth/legal/will” rel=”noopener”>legal suits against its data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/former” target=”_blank” rel=”noopener”>former senior data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/executives” target=”_blank” rel=”noopener”>executives including erstwhile chief financial officer Jatin data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/dalal” target=”_blank” rel=”noopener”>Dalal for breach of employment contracts, a person close to the development confirmed.While the terms of the settlement could not be ascertained, it is likely to be executed within this week.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
Indian School of Business Professional Certificate in Product Management data-ga-onclick=”Emeritus_edit_articles_click#110070288#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://programs.emeritus.org/isb/professional-certificate-in-product-management/index.php?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=110070288″>Visit
IIT Delhi Certificate Programme in Data Science & Machine Learning data-ga-onclick=”Emeritus_edit_articles_click#110070288#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://iitd.emeritus.org/iitd-certificate-programme-in-data-science-machine-learning/index.php?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=110070288″>Visit
Indian School of Business ISB Product Management data-ga-onclick=”Emeritus_edit_articles_click#110070288#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://online-er.isb.edu/product-management/index.php?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=110070288″>Visit

The settlement move, first reported by the Times of India, comes in less than a month after Pallia’s appointment following resignation of Thierry Delaporte in early April, under whose leadership at least two data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/lawsuits” target=”_blank” rel=”noopener”>lawsuits were filed in November.

Wipro did not respond to a request for comment.

In January this year, a Bengaluru civil court referred the case against Dalal to arbitration, to be heard outside court proceedings.

Dalal and Mohd Ehteshamul data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/haque” target=”_blank” rel=”noopener”>Haque, the company’s former senior vice president and head of healthcare and medical devices business, were sued by the Bengaluru-headquartered IT major, which is backed by businessman Azim Premji.

Discover the stories of your interest


Both Dalal and Haque joined global rival data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cognizant-technology-solutions” target=”_blank” rel=”noopener”>Cognizant Technology Solutions less than 12 months after resigning from Wipro.Wipro claimed damages of over Rs 25 crore from Dalal along with interest payout at an 18% interest rate from September 29 (Dalal’s exit date) for violation of employment terms.

As part of the non-compete agreement, one of the clauses barred Dalal from joining any other rival company for a period of 12 months from the date of his resignation. After a stint of 21 years at data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” rel=”noopener”>Wipro, Dalal resigned as the data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cfo” target=”_blank” rel=”noopener”>CFO of Wipro in September and served his last day until November 30, following which he joined global rival Cognizant on December 1.

The complaint against Haque also presses serious charges where Wipro has alleged that Haque was in possession of confidential information whereby he uploaded and emailed “seven files” containing confidential information from his personal Gmail account on or about June 20, 2023, that was flagged off by its IT team on June 22.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Wipro: Wipro to settle lawsuits against former executives Jatin Dalal, Haque


Srinivas data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pallia” target=”_blank” rel=”noopener”>Pallia, the new chief executive officer of data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” rel=”noopener”>Wipro, has decided to data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/settle” target=”_blank” rel=”noopener”>settle the data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/wealth/legal/will” rel=”noopener”>legal suits against its data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/former” target=”_blank” rel=”noopener”>former senior data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/executives” target=”_blank” rel=”noopener”>executives including erstwhile chief financial officer Jatin data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/dalal” target=”_blank” rel=”noopener”>Dalal for breach of employment contracts, a person close to the development confirmed.While the terms of the settlement could not be ascertained, it is likely to be executed within this week.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
Indian School of Business Professional Certificate in Product Management data-ga-onclick=”Emeritus_edit_articles_click#110070288#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://programs.emeritus.org/isb/professional-certificate-in-product-management/index.php?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=110070288″>Visit
IIT Delhi Certificate Programme in Data Science & Machine Learning data-ga-onclick=”Emeritus_edit_articles_click#110070288#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://iitd.emeritus.org/iitd-certificate-programme-in-data-science-machine-learning/index.php?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=110070288″>Visit
Indian School of Business ISB Product Management data-ga-onclick=”Emeritus_edit_articles_click#110070288#tech” target=”_blank” rel=”nofollow sponsored noopener” class=”btn btn_visit” href=”https://online-er.isb.edu/product-management/index.php?utm_source=timeset&utm_medium=affiliate&utm_campaign=times_et_article_textcta_edit&utm_content=110070288″>Visit

The settlement move, first reported by the Times of India, comes in less than a month after Pallia’s appointment following resignation of Thierry Delaporte in early April, under whose leadership at least two data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/lawsuits” target=”_blank” rel=”noopener”>lawsuits were filed in November.

Wipro did not respond to a request for comment.

In January this year, a Bengaluru civil court referred the case against Dalal to arbitration, to be heard outside court proceedings.

Dalal and Mohd Ehteshamul data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/haque” target=”_blank” rel=”noopener”>Haque, the company’s former senior vice president and head of healthcare and medical devices business, were sued by the Bengaluru-headquartered IT major, which is backed by businessman Azim Premji.

Discover the stories of your interest


Both Dalal and Haque joined global rival data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cognizant-technology-solutions” target=”_blank” rel=”noopener”>Cognizant Technology Solutions less than 12 months after resigning from Wipro.Wipro claimed damages of over Rs 25 crore from Dalal along with interest payout at an 18% interest rate from September 29 (Dalal’s exit date) for violation of employment terms.

As part of the non-compete agreement, one of the clauses barred Dalal from joining any other rival company for a period of 12 months from the date of his resignation. After a stint of 21 years at data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” rel=”noopener”>Wipro, Dalal resigned as the data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cfo” target=”_blank” rel=”noopener”>CFO of Wipro in September and served his last day until November 30, following which he joined global rival Cognizant on December 1.

The complaint against Haque also presses serious charges where Wipro has alleged that Haque was in possession of confidential information whereby he uploaded and emailed “seven files” containing confidential information from his personal Gmail account on or about June 20, 2023, that was flagged off by its IT team on June 22.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Why PhysicsWallah is returning to classrooms after conquering edtech

PhysicsWallah is expanding its offline school and coaching presence,...

Warcraft, Overwatch, and Diablo studio Blizzard Entertainment hits 35...

Blizzard Entertainment is celebrating its 35th anniversary. The iconic...

Popular

iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv