Cognizant

Cognizant Jul-Sep net income down 30 pc to USD 348 mn, sees strong momentum in digital biz

Cognizant Jul-Sep net income down 30 pc to USD 348 mn, sees strong momentum in digital biz

The US-based company, which had posted a net income of USD 497 million in September 2019 quarter, said it expects its FY2020 revenue to b...Read More

Cognizant names Rajesh Nambiar as India MD & Chairman

Cognizant names Rajesh Nambiar as India MD & Chairman

Cognizant on Wednesday announced that Rajesh Nambiar has been appointed as the Chairman and Managing Director of India and a member of C...Read More

Cognizant an outlier with 29% Q2 net drop

Cognizant an outlier with 29% Q2 net drop

The US-based company, which posted a net income of USD 509 million in June 2019 quarter said it expects its FY2020 revenue to be in the r...Read More

Cognizant to cut 13,000 jobs; exit some content moderation business

Cognizant to cut 13,000 jobs; exit some content moderation business

Mumbai - Facing backlash on social media and employee forums over the unhealthy working conditions of its employees in the content modera...Read More

Cognizant to lay off about 7,000 employees

Cognizant to lay off about 7,000 employees

Q3 net profit rises 4.1% to $497

White collared slavery: Lawsuit filed against Accenture, Cognizant

White collared slavery: Lawsuit filed against Accenture, Cognizant

The Public Interest Litigation (PIL) filed claims that the companies provide poor incentives, bad leave policy, all this despite long wor...Read More

Cognizant Q2  profit up 11.6 per cent

Cognizant Q2 profit up 11.6 per cent

IT major Cognizant on Thursday posted 11.6% increase in net profit to USD 509 million for June 2019 quarter, and said it expects 3.9-4.9%...Read More

L&T distances itself from Cognizant’s Indian bribery case

L&T distances itself from Cognizant’s Indian bribery case

New Delhi: Infrastructure major Larsen & Toubro (L&T) on Monday said it is not aware of any evidence that supports its involvemen...Read More

Cognizant to pay USD 25 million to settle India bribery charges

Cognizant to pay USD 25 million to settle India bribery charges

Washington: Major American IT player Cognizant will pay USD 25 million to the US Security and Exchange Commission to settle its India bri...Read More

Cognizant to buy SaaSfocus to strengthen India, Aus business

Cognizant to buy SaaSfocus to strengthen India, Aus business

New Delhi : Cognizant on Thursday said it will acquire SaaSfocus, a provider of Salesforce consulting services, for an undisclosed amount...Read More

Cognizant caught in upheaval in the I-T sector, 400 executives decide to leave

Cognizant caught in upheaval in the I-T sector, 400 executives decide to leave

New Delhi: Cognizant has been caught in the upheaval within the I-T sector. About 400 senior executives of the I-T giant have accepted th...Read More

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Not correct to assume IT industry going for big job cuts: Govt

New Delhi : The government on Tuesday said that the IT industry has assured it that there will be no large scale job losses in the techno...Read More

Stiff US visa curbs that  can hit Indians migrants

Stiff US visa curbs that can hit Indians migrants

President-elect vows not to allow H-1 visa holders to replace  US workers

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Cognizant Q1 profit up 15%, sees slowest revenue growth in 14 yrs

New York : US-based IT services major Cognizant posted a 15.2% jump in net profit for March quarter at $441.2 million from $ 382.9 millio...Read More

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TCS bullish on BFSI segment growth in FY17

Mumbai:  Software exporter TCS today said it is confident of continuing to post healthy growth in the BFSI segment next fiscal, allaying ...Read More

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Sensex slumps 266 pts as IT stocks drag

Mumbai: Market benchmark, the Sensex slumped for a second straight day as it fell by 266.44 points to 24,020.98 on sustained exodus of gl...Read More

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Cognizant buys US firm to boost digital services

New York : IT major Cognizant has acquired privately-held KBACE Technologies for an undisclosed amount, a move aimed at strengthening its...Read More

Chennai’s IT hub, Motown shut down

Chennai’s IT hub, Motown shut down

Downpour halt auto companies’ production; operations of IT firms affected but companies say that they have invoked alternative measures t...Read More

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Cognizant hikes revenue outlook

New York :  Buoyed by strong growth in healthcare and financial services business, IT services firm Cognizant posted a 12.9 % jump in net...Read More

Cognizant Q1 net profit grows 9.7%, raises revenue guidance

Cognizant Q1 net profit grows 9.7%, raises revenue guidance

Chennai :  Led by strong growth in healthcare business, IT services major Cognizant notched up a 9.7 per cent increase in net profit at U...Read More

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