Cognizant's ex-CEO made $191 million in 12 yearsFrancisco D'Souza, who stepped down as Cognizant CEO earlier this year, realised $191.4 million in total compensation during his tenure as CEO from 2007, a majority of which came in the form of stocks and options, as per a blogpost by US compensation research firm Equilar.
Apple drops L&T Infotech over visa issuesLTI is alleged to have issued letters of invitation to some of its employees to work on-site on the Apple account, when the USCIS procedure required that the letters be issued by Apple.
Cognizant seeks dismissal of claims in bribery caseCognizant has told a district court in New Jersey that the litigation over improper payments related to securing SEZ licenses in India has named two former Cognizant executives but not the company itself.
TCS campus offers higher by 50% this yearThe hiring momentum reflects TCS's robust pipeline - it has won deals worth $15.8 billion in the nine months of the financial year. The rebound in the mainstay banking and financial services business was a major growth accelerator, along with pickup in its retail and consumer packaged goods business
Mindtree founders hope to stall takeoverMindtree founders continue their search for a white knight even as they oppose the largest shareholder and Coffee Day founder V G Siddhartha’s impending sale of his 21% stake to L&T.