The Great CFO Shuffle: Top execs are playing financial musical chairs in India's IT sectorIn the past year, the IT sector has seen notable CFO transitions, including Jatin Dalal's move from Wipro to Cognizant. Legal disputes over...
24 Aug, 2024, 01.30 PM IST
Cognizant to pay Rs 4 crore to settle CFO Jatin Dalal’s lawsuit with WiproCognizant’s CFO Jatin Dalal settled a non-compete lawsuit with Wipro for $505,087, covering legal fees, per SEC filing. Wipro cited confide...
10 Jul, 2024, 08.15 PM IST
Here's how much money Cognizant CEO Ravi Kumar S got in 2023Cognizant CEO Ravi Kumar S's $22.5 million compensation for 2023 has sparked debate amid the company's 0.3% revenue decline to $19.4 billio...
17 Apr, 2024, 10.39 AM IST
Wipro's case against former CFO Jatin Dalal referred to arbitrationOn January 3, Wipro and Dalal were directed to resolve the case under section 8 of the Arbitration Conciliation Act, 1996. The official ord...
03 Jan, 2024, 07.34 PM IST
Wipro sues former CFO Jatin Dalal who joined rival CognizantFormer Wipro CFO Jatin Dalal joined Cognizant on December 1. While the reasons for the suit remain uncertain, the next hearing is scheduled...
27 Dec, 2023, 10.15 AM IST
Cognizant appoints Wipro executive Jatin Dalal as CFODalal will succeed Jan Siegmund, who intends to retire in early 2024, Cognizant said in a release, adding that Dalal will be reporting to c...
28 Sep, 2023, 06.54 PM IST
CSS Corp appoints Cognizant's Ramaseshan K as CFO“Ramaseshan is a seasoned professional with an accomplished finance career that fits perfectly with our strong performance-oriented culture...
20 Jun, 2022, 05.01 PM IST
Cognizant Q2 results: Net profit declines 29%; new CFO appointedThe company’s financial services revenue, which accounts for 34.9 per cent of total revenue, decreased 5.2 per cent year-over-year due to d...
30 Jul, 2020, 10.33 AM IST
Hear out Cognizant before passing any orders: SC tells I-TThe case relates to repatriating money to the company’s parent entities in Mauritius and the US through a share repurchase programme in 201...
05 Mar, 2020, 08.22 AM IST
Cognizant to let go of 350 senior hands earning Rs 80 lakh-1.2 crore to bring down costsMost of these employees are based out of India. The list has been submitted to chief executive officer Brian Humphries’ office, the people ...
24 Dec, 2019, 02.17 PM IST
Cognizant Q2 profit up 11.6% to $509 millionCognizant CFO said the second quarter results were in-line with its guidance.
01 Aug, 2019, 10.57 AM IST
Cognizant expands operations in Arizona, to add 500 jobsThe company opened a new 5000 sq foot office in the state, raising its total headcount up from the current 3000 people it employs there.
10 Aug, 2018, 08.08 AM IST
Cognizant to trim top deck to make room for juniorsCognizant clarified the number of job losses that were being targeted.“The number of senior job cuts will be under 200,” a Cognizant spokes...
03 Aug, 2018, 12.59 PM IST
Goldman's former MD Crowhurst to now lead Cognizant’s M&A huntAllen Shaheen, who used to head the company’s mergers and acquisitions, is now executive vice president in charge of the company’s North Am...
19 Apr, 2018, 08.25 AM IST
400 executives accept Cognizant's voluntary separation packageCognizant has a significant chunk of its total 2.56L workforce in India and it is estimated that of the 400 people, a large number could be...
06 Aug, 2017, 04.20 PM IST
Cognizant finds 'improper payments' of $6 million made in IndiaIn September last year, Cognizant had said it was conducting an internal investigation into possible violations of the US Foreign Corrupt P...
09 Feb, 2017, 08.17 AM IST
Europe remains attractive over the long term: Karen Mcloughlin, CognizantSequential pricing was flat during the fourth quarter. In 2012, we assume that pricing will remain stable.
28 Feb, 2012, 01.26 PM IST