Cognizant, the IT major, has challenged a ruling by the Income Tax Appellate Tribunal (ITAT) in Madras that held the company liable for div...

The Income Tax Appellate Tribunal in Chennai has ruled that IT firm Cognizant Technology Solutions India implemented a Rs 19,000-crore buyb...

Cognizant forecast 6-9% organic constant currency growth and an additional 1-2% of revenue growth from acquisitions in the mid-term.

The US-based IT firm had earlier said it paid all applicable taxes related to its buyback transaction in 2016 and the Indian I-T Department...

Elliott Management was the first activist hedge fund to take aim at an India heritage IT services firm and Cognizant with its US listing an...

Court asks Cognizant to deposit 15% of the disputed amount, or over Rs 400 crore, as security in a suspense account till it decides on the ...

A CA with a popular consulting firm said: "This is an additional tax slapped on a company that purchases its own shares from its foreign sh...

Cognizant said it would return $3.4 billion in capital to shareholders via buybacks and dividends.

Under the terms of the agreement, approximately 3.58 million of the shares to be repurchased will be received by Cognizant on December 14, ...

The company will also announce its financial results for the June quarter ended on July 20.

The move comes at a time when Indian IT firms are opening up their coffers to return surplus cash on their books to shareholders.

IT companies have been under increasing pressure from investors to utilise the huge cash pile on books either through share buyback or gene...

The company will also ask shareholders to approve independent director DN Prahlad’s appointment to the board and the revision to chief oper...

In a filing to BSE the company said the board members have approved buyback of 5,61,40,351 equity shares for an aggregate amount not exceed...

The Mumbai-headquartered IT services company said it would buyback 5,61,40,351 Equity Shares, nearly 3% of the equity share capital, at a p...

"The Board of Directors will consider a proposal for buyback of equity shares of the Company at its meeting to be held on February 20, 2017...

Outsourcing industry has seen a steady dip in growth recently. Nasscom has cut it's growth target for fiscal 2017 to 8-10% from 10-12% for ...