Cognizant seeks dismissal of claims in bribery caseCognizant has told a district court in New Jersey that the litigation over improper payments related to securing SEZ licenses in India has ...
13 Jun, 2019, 10.49 AM IST
Cognizant records $28 million loss in India bribe talks with US DOJ, SECIn its 2017 annual report, Cognizant said it had identified about $6 million in bribes paid from 2009 to 2016.
30 Oct, 2018, 09.42 PM IST
Cognizant gets partial relief in class action lawsuitA lawsuit was filed against Cognizant, wherein alleged that the company violated of the Securities Exchange Act of 1934 by making misleadin...
11 Sep, 2018, 11.21 AM IST
Cognizant CEO Francisco D'Souza gets USD 12 million pay package in 2016In 2016, D'Souza received USD 8.25 million in compensation that included salary (USD 664,000), annual cash incentive (USD 450,000) and othe...
21 Apr, 2017, 11.43 PM IST
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...
07 Nov, 2016, 07.14 PM IST
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.
03 Oct, 2016, 10.14 PM IST
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...
01 Oct, 2016, 06.24 AM IST
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...
30 Sep, 2016, 07.34 PM IST
Bullish on BFSI in long-run but this year 'tough': CognizantThe company, which competes with Indian IT firms like Tata Consultancy Services and Infosys, said it expects this year to be a "little toug...
01 Mar, 2016, 08.22 PM IST
Cognizant to provide $40 million in funds for Chennai flood reliefThe southern Indian city has seen the worst rains in more than a century and parts of it have been submerged for more than five days.
08 Dec, 2015, 12.06 PM IST
Cognizant bets on digital business for growthThe Nasdaq-listed company had last year bought TriZetto for about $2.7 billion, marking one of the largest acquisitions in software service...
30 May, 2015, 03.10 AM IST
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...
05 May, 2015, 11.50 AM IST
Cognizant may invest Rs 500 crore in Pune unitThe company has already invested more than Rs 1,000 crore and is planning to invest more than Rs 500 crore, which will create 20,000 jobs.
22 Jan, 2015, 10.56 PM IST
Cognizant Q3 revenue at $2.58 billion; full year revenue seen between $10.13 - $10.16 billionThe GAAP net income was reported at $355.6 million, or $0.58 per diluted share, compared to $319.6 million, or $0.53 per diluted share.
06 Nov, 2014, 10.42 AM IST
Cognizant top executives get 163% of target bonusThe executives are CEO Francisco D'Souza, president Gordon Coburn, CFO Karen McLoughlin, executive vice-president Malcolm Frank
21 Apr, 2014, 09.55 AM IST
- Cognizant to expand its US workforce to over 39,000 by 2016
The New Jersey-headquartered firm's headcount stood at about 1,66,400 for the third quarter ended September 30,2013.
03 Dec, 2013, 03.11 PM 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