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COGNIZANT BRIBERY
Bribery case trial of ex-Cognizant employees delayed as witness unable to travelThe trial involving two former Cognizant executives in a bribery case has got delayed as a key witness Srimanikandan Ramamoorthy's passport...- Cognizant seeks nod for $95 million settlement to resolve bribery caseCognizant said the settlement, subject to the judge’s approval, would resolve a previously disclosed securities class action filed on behal...
- Cognizant drags law firm Bohrer PLLC to court alleging overbillingBohrer PLLC was one of five law firms hired by Cognizant’s former chief legal officer Steven E. Schwartz to defend him in an India bribery ...
- L&T washes its hands of ex-Cognizant employees India bribery case in USL&T says it cannot be made a party in an ongoing case against two ex-Cognizant executives over an alleged $2 million bribe paid to Indian g...
- Court orders notice on PIL for CBI probe into Cognizant bribery caseThe plea was filed by ML Ravi, President of registered political party Desiya Makkal Sakthi Katchi, an advocate and a social activist, acco...
- 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 ...
- Cognizant: Mighty growth engine comes to near haltTwo things happened around 2016 that might provide a clue to this collapse.
- Cognizant faces new suit on 'India bribery'The suit, filed last month, claims that Cognizant executives had misled shareholders about audits conducted into its anti-corruption practi...
- L&T ‘unfairly doubted’ for alleged role in Cognizant bribery case: SubrahmanyanCEO SN Subrahmanyan says there’s no evidence of the involvement of Larsen & Toubro or its executives.
- Cognizant bribery: The case that'll either tarnish L&T's name or burnish its fameThe reputation that L&T enjoys has ensured that there is no knee-jerk reaction. But that won't last forever.
- L&T says audit panel to seek external expert's help on Cognizant bribery caseThe SEC also alleged that Cognizant authorised the construction firm to make two additional bribes totalling more than USD 1.6 million.
- Zero tolerance for illegal, improper conduct: Cognizant CEO to staffThe move comes at a time when the US company has announced it is settling charges related to bribery case in India.
- Cognizant bribery case: Executives can be tried in IndiaIrrespective of resolution in US, the issue qualifies for a probe in India as it falls under the purview of the Prevention of Corruption Ac...
- Cognizant agrees to pay $25 million to settle SEC’s bribery chargeThe US regulator said two former executives were charged for facilitating payments of millions of dollars.
- Cognizant cuts guidance, takes a $28 million hit on bribery issueIn its 2017 annual report, Cognizant said it had identified about $6 million in bribes paid from 2009 to 2016.
- Cognizant records $28 million loss in India bribe talks with US DOJ, SECIn its 2017 annual report, Cognizant said it had identified about $6 million in bribes paid from 2009 to 2016.
- Cognizant gets partial relief in class action lawsuitA lawsuit was filed against Cognizant, wherein alleged that the company violated of the Securities Exchange Act of 1934 by making misleadin...
- Bribery in polls could be cognizable offenceA letter written by Chief Election Commissioner Nasim Zaidi to Union home minister Rajnath Singh in December 2016, proposing amendments
- Graft probe costs Cognizant $27 millionCognizant also announced that its president Gordon Coburn had resigned and was being replaced by Rajeev Mehta, when it disclosed the bribes.
- Home ministry prepares cabinet note proposing to make electoral bribery cognizable offenceThe police are also allowed to start an investigation with or without the permission of a court for cognizable offences.
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