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COGNIZANT UNDERPERFORMANCE
Former Cognizant CEO Brian Humphries was involuntarily terminated: FilingThe statement said that its relative total shareholder return (TSR) performance had not met expectations leading to the decision to change ...26 Apr, 2023, 11.44 AM IST- 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...17 Jan, 2023, 06.15 PM IST
- Infy veteran Ravi Kumar to play key role in top-deck succession at Cognizant: analystsRavi Kumar, who is expected to join in January, will manage over 70% of the company's business and build efficiencies across major vertical...28 Oct, 2022, 10.23 PM IST
- Cognizant board bound to notice underperformance, execution challenges: WedbushReport speculative, Board fully supports strategic direction, management team: Cognizant10 Aug, 2022, 06.00 AM IST
- IT services company Cognizant may up variable part of payCompany charts a revamp plan with salary structure rejigs, cutting management layers and rethinking sales.06 Aug, 2019, 12.36 PM IST
- Local mutual funds’ global bets disappoint on returns chartsFunds held 2.38 per cent and 1.27 per cent in Nestle and Microsoft.21 Jun, 2019, 10.09 AM IST
- Cognizant slashes full-year growth outlook; Q1 net income tumbles 15%The company revised its full-year 2019 revenue growth outlook to 3.6-5.1 per cent in constant currency.03 May, 2019, 02.44 PM IST
- Cognizant may fire more than 6,000 in appraisal this yearIn a typical year, Cognizant generally lets go of 2-3% of its workforce, who are under-performers. The company has over 2,65,000 employees.20 Mar, 2017, 06.24 AM IST
- Hedge fund Elliott takes aim at CognizantThis is the first time an Indian IT firm is facing an onslaught from an activist hedge fund and Elliott has a number of wins under its belt.29 Nov, 2016, 08.39 AM IST
- Activist hedge fund Elliott takes aim at CognizantThe letter critiqued Cognizant’s capital management strategy and called its stance shareholder unfriendly due to the lack of a dividend.29 Nov, 2016, 07.02 AM IST
- We have to wait for next quarter results to gauge IT sector: Hiren Ved, Alchemy Capital CIOHiren Ved said that Cognizant trimming the growth rate may not necessarily reflect the trend in IT industry and it can be company specific ...15 Feb, 2016, 12.30 PM IST
- Infosys, TCS, Wipro struggling to match growth rates in Europe as top customers cut back expenditureRevenue for TCS, Wipro and Infosys in the three months ended March 2015 declined from the quarter ended June 2014, ET’s analysis reveals.13 May, 2015, 06.50 AM IST
- IT stocks fall as Cognizant cuts revenue guidance; Infosys, TCS, Wipro down over 1%Cognizant forecast its slowest full-year sales growth in its 20-year history. The company had previously said it expected revenue to grow 1...08 Aug, 2014, 04.58 AM IST
- Post appraisal, Cognizant asks underperformers to goAccording to sources, all employees who fell in lowest bracket of assessment across functions and levels are to face the axe.17 Apr, 2013, 10.11 AM IST
- Maintain negative outlook in IT stocks: Sandeep J Shah, Sampriti CapitalYou have got to look at the fact that they had a serious bout of outperformance initially as the rupee started weakening.23 May, 2012, 12.56 PM IST
- Buying will return to IT stocks on 7-8% lower levels: VK Sharma, HDFC SecuritiesIT sector has gone up by 2% to 3% only in the couple one and a half months. So, the IT stocks do not have much room to fall09 Feb, 2012, 11.34 AM IST
- Buy IT stocks: Manish SonthaliaIT could be the new defensive and there could be money moving into IT given the fact that it has underperformed some degree of under owners...04 May, 2011, 10.27 AM IST
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