Cognizant Technology Solution
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Cognizant Reaches $95 Million Settlement With Shareholders: Here's Why
Cognizant Technology Solutions Corp has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India.
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Cognizant Withdraws 2020 Forecast On Coronavirus Uncertainty
Cognizant said reduced client demand, primarily in the travel and hospitality industries, also impacted its business.
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COVID-19: Cognizant to Give 25 Percent Extra Pay to Some India Employees Amid Lockdown
Cognizant Technology Solutions will pay an extra 25 percent of base pay to some employees in India and the Philippines as a majority of its offshore workforce work from home amid the coronavirus pandemic, taking on extra work, Chief Executive Officer Brian Humphries said.
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Cognizant To Lay Off 13,000 Employees, Exit Some Content Moderation Businesses
The exit from some parts of the content moderation business will hurt financial performance in the coming year, Cognizant said.
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Judge Recuses Himself From Rs 2,800 Crore Cognizant Tax Dispute Case
Justice T S Sivagnanam of the Madras High Court today recused himself from hearing the tax dispute case involving Cognizant Technology Solutions and the Income Tax Department.
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Income Tax Demand Not Justified, Cognizant tells Madras High Court
Cognizant Technology Solutions today submitted in the Madras High Court that the tax demand made by the Income Tax department was not justified and without jurisdiction.
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Income Tax Department Freezes Certain Cognizant Bank Accounts
A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings.
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I-T Department Freezes Cognizant's Accounts Chennai, Mumbai Over Tax Irregularities
The Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT), according to a report on Tuesday.
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Cognizant, US' Top H-1B Visa Sponsor, Tries to Bury 'Anti-White' Lawsuit
Cognizant Technology Solutions Corp., the biggest U.S. sponsor of H-1B visas for foreign information technology specialists, says a civil rights lawsuit accusing the firm of bias against workers who aren't from India is all wrong.
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TCS, Infosys, HCL Tech Shares Jump After Cognizant Results, Forecast
Cognizant Technology Solutions fourth-quarter profit and revenue beat analysts' estimates and the IT services firm gave an upbeat forecast.
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An Indian IT Giant Warns Trump's 'Radical Shift' To Hurt Industry
Tech services companies, including Cognizant Technology Solutions, have been cutting positions in India. Some workers have blamed Trump for prompting the job losses and exacerbating problems in the industry.
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Donald Trump Blamed For Job Losses As India Tech Workers Face Cuts
Swapana Bhosale was stunned when she found out earlier this month she was losing her job at tech services provider Cognizant Technology Solutions in India. Layoffs in the business are rare, particularly if employees are in the middle of client assignments like she was.
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Accenture's Full-Year Profit Forecast Disappoints, Shares Fall
Accenture has invested heavily in its fast-growing businesses, such as digital and cloud services, amid stiff competition from Cognizant Technology Solutions Corp and IBM Corp.
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Cognizant Faces Pressure For Board-Shake Up As Activist Investor Discloses Stake
Elliott has led several successful campaigns to squeeze value out of companies it considers to be undervalued.
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Cognizant Top Executive Leaves Amid Investigation, Shares Tumble
Cognizant Technology Solutions Corp. tumbled the most in more than four years after a key executive left abruptly amid revelations of an internal investigation into whether some payments in India violated the U.S. Foreign Corrupt Practices Act.
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Cognizant Reaches $95 Million Settlement With Shareholders: Here's Why
Cognizant Technology Solutions Corp has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India.
-
Cognizant Withdraws 2020 Forecast On Coronavirus Uncertainty
Cognizant said reduced client demand, primarily in the travel and hospitality industries, also impacted its business.
-
COVID-19: Cognizant to Give 25 Percent Extra Pay to Some India Employees Amid Lockdown
Cognizant Technology Solutions will pay an extra 25 percent of base pay to some employees in India and the Philippines as a majority of its offshore workforce work from home amid the coronavirus pandemic, taking on extra work, Chief Executive Officer Brian Humphries said.
-
Cognizant To Lay Off 13,000 Employees, Exit Some Content Moderation Businesses
The exit from some parts of the content moderation business will hurt financial performance in the coming year, Cognizant said.
-
Judge Recuses Himself From Rs 2,800 Crore Cognizant Tax Dispute Case
Justice T S Sivagnanam of the Madras High Court today recused himself from hearing the tax dispute case involving Cognizant Technology Solutions and the Income Tax Department.
-
Income Tax Demand Not Justified, Cognizant tells Madras High Court
Cognizant Technology Solutions today submitted in the Madras High Court that the tax demand made by the Income Tax department was not justified and without jurisdiction.
-
Income Tax Department Freezes Certain Cognizant Bank Accounts
A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings.
-
I-T Department Freezes Cognizant's Accounts Chennai, Mumbai Over Tax Irregularities
The Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT), according to a report on Tuesday.
-
Cognizant, US' Top H-1B Visa Sponsor, Tries to Bury 'Anti-White' Lawsuit
Cognizant Technology Solutions Corp., the biggest U.S. sponsor of H-1B visas for foreign information technology specialists, says a civil rights lawsuit accusing the firm of bias against workers who aren't from India is all wrong.
-
TCS, Infosys, HCL Tech Shares Jump After Cognizant Results, Forecast
Cognizant Technology Solutions fourth-quarter profit and revenue beat analysts' estimates and the IT services firm gave an upbeat forecast.
-
An Indian IT Giant Warns Trump's 'Radical Shift' To Hurt Industry
Tech services companies, including Cognizant Technology Solutions, have been cutting positions in India. Some workers have blamed Trump for prompting the job losses and exacerbating problems in the industry.
-
Donald Trump Blamed For Job Losses As India Tech Workers Face Cuts
Swapana Bhosale was stunned when she found out earlier this month she was losing her job at tech services provider Cognizant Technology Solutions in India. Layoffs in the business are rare, particularly if employees are in the middle of client assignments like she was.
-
Accenture's Full-Year Profit Forecast Disappoints, Shares Fall
Accenture has invested heavily in its fast-growing businesses, such as digital and cloud services, amid stiff competition from Cognizant Technology Solutions Corp and IBM Corp.
-
Cognizant Faces Pressure For Board-Shake Up As Activist Investor Discloses Stake
Elliott has led several successful campaigns to squeeze value out of companies it considers to be undervalued.
-
Cognizant Top Executive Leaves Amid Investigation, Shares Tumble
Cognizant Technology Solutions Corp. tumbled the most in more than four years after a key executive left abruptly amid revelations of an internal investigation into whether some payments in India violated the U.S. Foreign Corrupt Practices Act.
