Wipro, ex CFO Dalal referred to arbitration over alleged non-compete clause breach

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 on Wednesday in the southern Indian city of Bengaluru. Wipro in November alleged Dalal's appointment as Cognizant's CFO violated a non-compete clause, which 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.