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COGNIZANT EXPANSION PROGRAMME
Microsoft deepens AI push in India as top IT firms deploy Copilot, agentic systems at scaleSpeaking at the Microsoft AI Tour in Bengaluru on Thursday, Nadella said these four companies have emerged as “frontier firms”, with each d...- Apple’s entry-level iPhone refresh; Cognizant alleges trade theftApple unveils its latest entry-level variant, the iPhone 16e, which offers strong performance at a lower price. This and more in today’s ET...
- Cognizant utilising acquisition strategy to further AI investments: CEOUS-headquartered IT and professional services firm Cognizant had last year announced that it would invest $1 billion over the next three ye...
- Cognizant Q2 net profit down 19% YoY; company retains 2023 revenue guidanceCognizant's revenue declined 0.4% year-on-year to $4.89 billion for the three-month period ended June. It was marginally above street estim...
- Cognizant extends partnership with biopharma firm Gilead, estimated deal size at $800 millionGilead has partnered with Cognizant for more than three years now to adopt technologies designed to run business operations, new product la...
- Cognizant to lay off around 3,500 employees as part of rejig programmeLayoffs at Cognizant follow that of Accenture, which in April announced that 19,000 employees would be let go globally.
- Cognizant Q1 net profit up 3% YoY; to lay off 3,500 employees over two yearsCognizant also announced a two-year rejig aimed at simplifying the operating model and rationalising office spaces to the tune of $400 mill...
- India’s pension sector shows scope for growth as economy transitions to high-middle-income nation: Eco SurveyAt the state level, the benefit of the Employees State Insurance Corporation pension scheme was extended to even those who have lost earnin...
- Cognizant Q3 results: Income rises to $544mn, expects to make offers to 45,000 new graduates in India in Q4Cognizant's headcount stood at about 3,18,400 people at the end of the September 2021 quarter, up from about 3,01,200 employees at the end ...
- EY says IT budget of banking & fin services sector under the thumbBFSI, which has been the largest business vertical for many companies, is now seeing declining discretionary spends in the US.
- Indian IT giants join forces with startupsCo-creating with startups helps large IT enterprises find solutions in cloud services, automation, cybersecurity, IoT and big data
- Cognizant to expand operations in Hong KongThe company said it runs an active graduate recruitment programme in Hong Kong to hire entry-level technical and management talent.
- Fitness app HealthifyMe raises Rs 40 crore from IDG Ventures, Inventus Capital & BlumeHealthifyMe app allows consumers to keep track of diet, plan workouts and ask health related questions to nutritionists and dieticians on t...
- Telangana government plans big IT push to rebuild brand HyderabadState information technology minister K Taraka Rama Rao is set to clear several IT companies' expansion plans put on the back burner all th...
- Cognizant emerges new leader, serious challenger to IBM, AccentureDuring Sept quarter, incremental revenues, at $116 mn, were the highest for Cognizant. Top exporter TCS only managed $113 mn and Wipro adde...
- Cognizant proposes Rs 600 crore campus in West BengalCognizant has submitted a proposal to the WB govt to set up a new IT software campus on 40 acres, that can give jobs to some 30,000 people.
- Cognizant to embark on $285 mn expansion programme across IndiaThe expansion programme would be in the form of upgrading/updating/introducing technology, company President and MD R Chandrasekaran said.
- In 2010 we made significant growth, flawlessly: Francisco D’Souza, CEO, CognizantCognizant moved closer to the Number 3 slot in IT services with a Street-topping performance on Monday. The man at the helm tells ET how we...
- Cognizant to invest $500 mn in real estate in next four yearsThe real estate development program would create additional software development and training facilities in the Special Economic Zones.
- US companies to step up investment in TNThe US companies have retained their focus on Tamil Nadu and are recruiting more people as part of their expansion plans.
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