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NON COGNIZABLE REPORT
Over one-third of entry-level tasks in India done by AI, finds Cognizant-Pearson studyAI is now performing nearly 37% of entry-level tasks in India, exceeding the global average. HR leaders anticipate entry-level roles will e...
Nasdaq-100 drops Cognizant, adds AI-focused firms Astera, CoreWeave in quarterly reshuffleCognizant Technology Solutions will be removed from the Nasdaq-100 index on June 22 after more than two decades. The reshuffle sees AI-focu...
Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparencyThe Indian government is set to introduce new rules for edible oil packaging. This move aims to standardize pack sizes, making it easier fo...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
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 faces US court verdict for discriminatory practicesCognizant plans to appeal against the verdict. The case Christy Palmer vs. Cognizant was initially filed in 2017 and addresses plaintiffs’ ...
Cognizant responds to Rs 2.5 LPA salary backlash, claims details 'grossly misrepresented'Cognizant addressed a social media controversy over its ₹2.52 lakh fresher salary offer, clarifying that the figure applies only to non-eng...
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...
AAP leaders Raghav Chadha, Atishi named in non-cognizable report for defamatory remarks against BJP: PoliceThe non-cognizable report (NCR) has been registered under section 500 (defamation) of the Indian Penal Code, said Deputy Commissioner of Po...
HC junks cognizant plea challenging Rs 2,912 crore tax claimThe court dismissed a batch of petitions filed by the software services company and directed it to seek redress from appellate courts under...
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 reports 2.4% QoQ growth in Q1 revenue, guides for $3.63-3.68 bn in June quarter salesOn the full year guidance, the firm expects revenue to be in the range of $14.56 billion to $14.84 billion.
Cognizant maintains forecast of 8-10% revenue growth in 2017The company said expects to end 2017 with revenue of between $14.56 billion and $14.84 billion.
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.
Cognizant Q3 net income rises 11.9% YoY; IT firm sees CY16 revenue at $13.47-13.53 billionFor the fourth quarter the company expects revenue in the range of $3.45 billion to 3.51 billion.
- Cyber crimes: NHRC issues notice to Tamil Nadu police
Non-registration of FIRs was on "inspite of a notice issued in this regard" by NHRC to the state DGP, it said, adding that he has been aske...
Cognizant bags 5 year multi-million dollar IT outsourcing deal from Future GroupCognizant will support more than 1,000 Future Group stores-including Pantaloons, Big Bazaar, Food Bazaar, Central, Home Town.
- Cognizant snaps up UBS' Indian captive for $75 million
UBS sold its Indian back-office captive to Cognizant for around $75 million along with a five-year outsourcing contract worth up to $442 mn...
- Cognizant logs 60% jump in net
Cognizant Technology Solutions, an IT and BPO services company, has posted a net profit of $75.4 million in the first quarter ended March 3...