Rajeev Mehta appointed as Cognizant president

Cognizant Technology Solutions has appointed Rajeev Mehta as president of the company. He replaces Gordon Coburn who resigned from the firm. Prior to that, Mehta was the CEO of IT services business

Walmart to sell China online unit to JD.com

Walmart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5% equity stake in JD.com, a strategic alliance that