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COGNIZANT RESIGNATIONS
Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- Cognizant CMO quits, Thea Hayden to take interim positionThea Hayden, senior vice president of Global Marketing, a 25-year marketing veteran and seasoned Cognizant executive, will serve as the int...
- 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...
- LTIMindtree director Venu Lambu quitsLambu had joined Mindtree in 2020 and had previously worked at Cognizant and HCLTech. He was part of the key management personnels present ...
- Cognizant attrition rises again, impacting revenueCognizant's voluntary attrition rose to 18%, a 2% increase over the December quarter, despite a series of measures to attract and retain ta...
- Cognizant India Chairman & MD Ramkumar Ramamoorthy resignsIn a major reshuffle, Cognizant also replaced the head of global delivery Pradeep Shilige and brought in former Accenture executive Andy St...
- It’s the turn of Pune techies to complain of ‘illegal’ layoffsFormer employees of IT firms including Cognizant, Tech Mahindra and Wipro in Pune on Thursday filed separate petitions with the Maharashtra...
- Cognizant to reopen dialogue with 8 employees who claim they were forced to resignThe development on Friday is a hard-earned relief for the eight employees fearing the axe amid reports of higher-than-expected non-performe...
- FITE planning group petition with Tamil Nadu labour department on alleged lay-off by CognizantTamil Nadu's labour laws provide for aggrieved employees to approach the Conciliation wing of the state labour department to settle dispute...
- Cognizant seeks 2 weeks time from Telangana govt over employees' 'resignations'The Forum for IT Employees had filed a petition on "layoffs" by the IT giant, alleging that Cognizant was illegally terminating thousands o...
- Cognizant has introductory discussion with activist investor Elliott; to review letterIn 2015, Elliott successfully pushed software firm Informatica to sell itself to PE buyers and got Citrix's CEO to resign and was given a b...
- Cognizant trims top-end of full year guidance amid client caution and Brexit worriesThe company's total revenue rose to $3.45 billion in the third quarter ended Sept. 30 from $3.19 billion a year earlier.
- Cognizant says some senior management were aware of $5 million improper payments in IndiaIn a filing with the US SEC, Cognizant said its investigation had identified a total of about $5.0 million in payments that may have been i...
- US law firm files class action lawsuit against CognizantCognizant, which had a headcount of over 2.44 lakh at the end of June, has a majority of these employees based in India.
- Cognizant buys Norwegian IT services company Frontica Business Solutions for about $128 millionFrontica, which offers IT solutions in the oil-and-gas space is owned by Norway-listed oil service investment company Akastor ASA.
- Cognizant probes payments row, seeks to ascertain if certain payments violated US lawCognizant said the internal investigation is in its early stages and that it is not able to predict what action may be taken by the DOJ, or...
- Cognizant’s President Gordon Coburn resigns, replaced by Rajeev MehtaCoburn’s resignation comes a little over a month after Cognizant said it reorganized its delivery services by service line and appointed th...
- Strong corporate governance need of the hour: CognizantExpressing shock over Satyam's revelation of accounting fraud, US-based technology giant Cognizant said the entire episode reinforces the i...
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