Sunday, February 17, 2019

Cognizant Agrees To Pay $25 Million To Settle Bribery Charges: Report

Cognizant has agreed to pay the amount to settle charges that it violated the Foreign Corrupt Practices Act, Security and Exchange Commission said.

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India Becomes 4th Largest Forex Holder As Reserves Rise To $785.7 Billion

The sharp rise in the latest week was driven primarily by an increase in foreign currency assets, the largest component of reserves.