Last Friday, Cognizant announced that it had struck a deal with the US Securities Exchange Commission (SEC) and Department of Justice (DoJ) to cough up a penalty of $28 million (over Rs 200 crore) for paying bribes of $3.6 million (Rs 26 crore) to Indian officials via third parties. This was for construction-related permits and operating licenses for its campuses in Chennai and Pune.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2tppvjp
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