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ET COGNIZANT
'Joined Monday, quit Wednesday': Techie leaves Rs 42 LPA WITCH job in just 2 days, now worried about 2-day PF creditA tech professional's swift departure from a major IT firm just two days after onboarding, driven by a lucrative offer exceeding ₹50 lakh a...
Indian IT is a trade, not an investment, and the market just got the memo: Sandip SabharwalAccenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments du...
US stocks: US market advances as Iran deal optimism offsets hawkish Fed; Intel soarsWall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle...
‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
Chip startup AGNIT sets up GaN testing lab at IISc with Rs 3 crore investmentIndian semiconductor startup AGNIT Semiconductors has established a new GaN testing laboratory at IISc Bengaluru. This facility, built with...
Attractive valuations, improving earnings: Why fund managers are now raising their exposure to small-cap stocksMidcap stocks have dominated performance for a decade, but a shift towards small caps is emerging. Flexi-cap funds are increasing small-cap...
Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
Defence, power and import substitution are emerging as long-term winners: Prateek AgarwalIndian corporate earnings are meeting expectations, but market sentiment is subdued due to broader economic concerns, not company performan...
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...
Market remains stock-specific as earnings divergence widens across sectors: Dharmesh KantMarket expert Dharmesh Kant highlighted strong numbers for Bajaj Finance, though macro headwinds may impact near-term performance. He expre...
UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
Magisterial probe ordered into Ganderbal's encounter killingA magisterial probe has been ordered into the Ganderbal encounter. Rashid Ahmad Mughal, a commerce graduate, was killed in the operation. H...
US court asks Infosys, Cognizant to resolve case via informal dealA US court has directed Infosys and Cognizant to resolve their nine-month-long legal dispute informally, specifically regarding pretrial di...
Cognizant looks to get its mojo back under new CEO Ravi Kumar SCognizant’s new chief executive officer, Ravi Kumar S, will look to build confidence and ease out disparate strains in the company’s leader...
Software exporters battle onsite strength reduction as attrition, visa issues tighten gripOnsite attrition has become a trend across the board in the information technology (IT) sector, data from staffing firm TeamLease show.
Cognizant seeks nod for $95 million settlement to resolve bribery caseCognizant said the settlement, subject to the judge’s approval, would resolve a previously disclosed securities class action filed on behal...
Cognizant faces new suit on 'India bribery'The suit, filed last month, claims that Cognizant executives had misled shareholders about audits conducted into its anti-corruption practi...
Cognizant sued by US client over implementation issuesIt is rare for a client to sue an IT firm. Issues are mostly settled mutually and cases rarely go to court.
Cognizant fires 200 senior executives as it looks to ‘clean out’ pyramidIn August, Cognizant President Raj Mehta had told ET that senior jobs were on the chopping block
We are still at an early stage with automation, says Cognizant President Gordon Coburn"There are only a small number of service providers who can serve that dual mandate and Cognizant can do both. Clients are now reducing spe...