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JAN SIEGMUND
The Great CFO Shuffle: Top execs are playing financial musical chairs in India's IT sectorIn the past year, the IT sector has seen notable CFO transitions, including Jatin Dalal's move from Wipro to Cognizant. Legal disputes over...
Wipro seeks Rs 25 crore damages from ex-CFO Jatin Dalal for breach of non-compete ruleAs part of the non-compete agreement, one of the clauses bars Dalal from joining any other rival company for a period of 12 months from the...
Cognizant Q3 profit falls 16.5%, narrows revenue guidanceSimilar to industry outlook owing to lower discretionary spends by clients amid macro uncertainty, the Nasdaq-listed company shrunk its fou...
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...
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...
Zomato posts maiden quarterly profit; Data Bill introduced in Lok SabhaGurugram-based food delivery platform Zomato reported its first-ever profit in the April-June quarter of FY24, reversing losses of Rs 186 c...
Cognizant projects revenue above estimates, CFO to retire in 2024The New Jersey-based company expects current-quarter revenue of between $4.89 billion and $4.94 billion, compared with analysts' estimates ...
Cognizant will focus on digital, stay away from “uneconomic” dealsWalker’s remark during an exclusive interview comes amid reports that suggest that the Teaneck, New Jersey-based company may be slipping on...
Cognizant’s net income rises amid strong digital business growthThe quarterly net income, representing the bottomline performance, stood at $563 million for the quarter against $505 million a year ago. E...
Cognizant clocks highest attrition rate among IT peers in Sept quarterCognizant clocked an attrition rate of 33% in the quarter ended September 30, far exceeding those recorded by TCS (11.9%), HCL Technologies...
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 ...
Cognizant to hire 100,000 people to mitigate the impact of elevated attritionCognizant's attrition is higher than the industry average. For the quarter ended June, TCS's attrition rate stood at 8.6%, Infosys' at 13.9...
Cognizant to hire 100,000 people from rivals to offset attrition painsCognizant is looking to offer jobs about 100,000 experienced professionals in 2021 and train close to 100,000 associates, in order to offse...
Cognizant records highest attrition rate among peers, raises annual revenue guidanceThe Nasdaq-listed company reported an attrition rate of 31% in the second quarter, the highest among IT services companies in the three-mon...
Syntel asks for fresh trial in patent infringement case against Trizetto-CognizantThe company has also sought to limit the maximum award for punitive damages, if required, to $8.5 million, equal to TriZetto’s $8.5 million...
Cognizant re-positioning itself as a global technology services providerThe India-centric company employs nearly 281,200 people, of which over 150,000 are based in the country. Recently however, it made senior-l...
Cognizant Q2 results: Net profit declines 29%; new CFO appointedThe company’s financial services revenue, which accounts for 34.9 per cent of total revenue, decreased 5.2 per cent year-over-year due to d...