Chief Financial Officer – The News Desk

India's largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue. Rating agency ICRA has assigned AA+ rating for 100 billion rupees ($1.20 billion) of bonds of the company, while India Ratings and Research has assigned AA+ rating to bonds worth 50 billion rupees, according to ratings notes. While ICRA said its rating factors in the company's strong business profile, India Ratings said it continues to take a consolidated view of the company and its subsidiaries. Earlier in December, Reuters reported citing sources that Adani Ports is mulling a fundraise of up to 10 billion rupees from the domestic bond market in th...

NEW DELHI: IT services company Cognizant on Thursday announced the appointment of former Wipro executive Jatin Dalal as its new Chief Financial Officer.In a statement, Cognizant said the appointment is expected to be effective in December 2023.Dalal will report to Cognizant's Chief Executive Officer Ravi Kumar S, and oversee, among other responsibilities, the company's worldwide financial planning and analysis, accounting and controllership, tax, treasury and internal audit, corporate development, investor relations and enterprise risk management functions."Dalal will succeed Jan Siegmund, who, as previously disclosed, intends to retire in early 2024," the company said.Upon Dalal's taking over the role of CFO, Siegmund will remain with the company as a non-executive officer and special ad...

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ICRA assigns AA+ rating to Adani Ports on strong business profile

IT Services: Cognizant names Jatin Dalal as Chief Financial Officer