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BENGALURU (Reuters) -India's Infosys filed a counterclaim against rival Cognizant in a Texas federal court on Thursday, accusing the U.S.-based company of engaging in anti-competitive practices ...
Cognizant, which is primarily a consulting service firm, is diversifying its portfolio by entering into the aerospace and defense sector with the acquisition of Belcan for $1.3 billion in June.
(Reuters) -Information technology services provider Cognizant Technologies said on Monday it has agreed to acquire digital engineering firm Belcan for nearly $1.3 billion in cash and stock. The ...
He took over as the CEO of Cognizant in April 2019. [6] Under his leadership, Cognizant witnessed severe voluntary attrition rates of 33 percent and non-voluntary attrition of 37 percent (annualized) [8] [9] In January 2023, Cognizant replaced Humphries with Ravi Kumar S. as CEO. [10]
A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings. Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016–17 financial year, according to The Hindu, citing officials from the tax department. [157]
The company also said CFO Jan Siegmund would retire in early 2024. The New Jersey-based company expects current-quarter revenue of between $4.89 billion and $4.94 billion, compared with analysts ...
Francisco D'Souza (born 23 August 1968 [1]) is an Indian-American entrepreneur and businessman, who is the former CEO and Vice Chairman of Cognizant — a Fortune 200 global professional services company – co-founded [2] the NASDAQ-100 company in 1994.
U.S.-based IT firm Cognizant said it expects India employees to work from the office at least thrice a week, according to a memo seen by Reuters, becoming the latest company to signal the end of ...