A woman in Uttarakhand was forced to transport her brother's body on the roof of a taxi after ambulance drivers demanded exorbitant fees. The incident sparked outrage, prompting the state's chief minister to order an investigation.
According to the woman, as she was waiting for a bus for Phaltan in Satara district at one of the platforms around 5.45 am on Tuesday, a man approached her and engaged her in conversation, calling her 'Didi' (sister), and said the bus for Satara had arrived at another platform.
The Supreme Court of India has ruled that it is mandatory to consider the twin conditions laid out in the Prevention of Money Laundering Act (PMLA) when deciding bail applications in money laundering cases. The court emphasized the seriousness of the crime and the need to comply with the rigorous requirements of Section 45 of the PMLA, which includes giving the prosecutor an opportunity to oppose bail and ensuring that the court is satisfied that there are reasonable grounds to believe the accused is not guilty and unlikely to commit another offense on bail. The ruling was made in response to an appeal filed by the Enforcement Directorate against a Patna High Court order granting bail to an accused in a money laundering case. The Supreme Court found that the High Court had granted bail without properly considering the requirements of Section 45 and remanded the case back for a fresh review.
Company says that the employees should not post disparaging content about Cognizant
Cognizant's success has come from its ability to learn how to change quickly and adapt rapidly.
Cognizant's consulting practice today has 5,500 consultants, perhaps one of the highest numbers when compared to Indian IT players.
Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.
Cognizant becomes the second largest offshore-centric IT services player.
Aam Aadmi Party chief Arvind Kejriwal's car was pelted with stones during campaigning in the New Delhi constituency on Saturday, the party alleged.
Cadient clients are spread across pharmaceutical, biotechnology, consumer health and medical device industries.
A company spokesperson told Business Standard that Amazon was committed to the safety and well-being of its employees. "Disciplinary proceedings have been initiated against the people involved in the incident. "The process is underway and we are looking at a potential case of 'separation' for the people involved within the next week or two," the spokesperson added.
'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'
Shubham Lonkar, the mastermind and wanted accused in Nationalist Congress Party leader Baba Siddique's murder had allegedly planned the murder of Aftab Poonawala, the accused arrested in the gruesome Shraddha Walker murder case, sources said.
A coaching institute in Jaipur was sealed after several students fainted during a class, prompting calls for action against those responsible and a shift of such institutions to a designated "Coaching Hub". The incident, which saw students experiencing breathing difficulties and headaches, is suspected to have been caused by a gas leak from either a sewer line or the institute's kitchen. The Rajasthan Human Rights Commission has recommended free treatment and compensation for the affected students and an investigation into the matter.
In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.
The acquisition would help Cognizant significantly expand its ability to provide industry-focused SAP consulting and software solutions to major retailers enabling them to streamline operations and enhance customer satisfaction, Cognizant said in a statement.
A Delhi court has refused to take cognisance of a chargesheet against Adhunik Corporation Limited and its two directors in a coal scam case lodged by the Enforcement Directorate (ED), saying an attempt to acquire proceeds of crime or anticipating undue benefits cannot be termed money laundering.
India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally.
Cognizant, a leading provider of IT services on Wednesday opened its Mumbai development centre.
Leading global information technology firm Cognizant on Thursday said it has acquired Galileo Performance, a Paris-based provider of IT testing consulting services.
'In India, the impact will be less than 1% of employee headcount.'
A 23-year-old Dalit woman was found dead in Mainpuri, Uttar Pradesh, with her family alleging she was killed for refusing to vote for the Samajwadi Party in the Karhal assembly bypoll. Two individuals have been arrested in connection with the woman's death. The incident has escalated into a political controversy, with the BJP accusing the SP of creating an atmosphere of terror and the SP alleging that the Election Commission is turning a blind eye to the BJP's alleged misuse of government machinery. The bypoll in Karhal is being contested by the SP's Tej Pratap Singh and his 'fufa' Anujesh Pratap Singh, with the BSP also fielding a candidate.
The company has not detailed out the geographies that would be impacted by the reductions. However, given that India accounts for the biggest share of the company's headcount, the impact of these layoffs is expected to be significant.
Nasdaq-listed IT company Cognizant Technology Solutions Corp on Tuesday announced the acquisition of Pepperweed Advisors, the IT consulting services division of US-based Pepperweed Consulting, for an undisclosed sum.
Despite growing rapidly in an adverse business climate, rumours cast doubts about its future.
The Saffron party alleged that the accused was a DMK office-bearer, which was denied by the ruling party.
The man steering Cognizant today is boyish-looking, 44-year-old Francisco D'Souza, who could easily pass for an energetic student at a management school, than for the CEO of a top-flight technology company.
Cognizant, an IT service provider,plans to start operations in Hungary and Philippines. The company is also considering expanding to Europe.
A body representing the 'Khadims' of the Ajmer dargah has condemned a plea in a local court that seeks to declare the shrine of Khawaja Gharib Nawaz as a temple, saying right-wing forces were trying to "isolate" Muslims and "disrupt" communal harmony in the country.
IT firm Cognizant on Friday said it will give employees who are at associate level and below in India and the Philippines, an additional payment of 25 per cent of base pay for April in recognition of their extraordinary continuity-of-service efforts amid the covid-19 outbreak. The move is expected to benefit over 1,30,000 Cognizant employees in India.
Firm to prune domestic costs through initiatives such as voluntary separation
Trouble started brewing after Cognizant announced that Ravi Kumar, former Infosys president, would take over as the Nasdaq-listed company's CEO.
The report said the gap in revenue growth between Cognizant and TCS had reached to its lowest of four percentage points in the four-quarter period ended September, 'despite TCS's larger revenue base'.
Adding another feather to its cap, IT major Cognizant has joined the prestigious league of Fortune 500 companies.
Leading IT service provider, Cognizant Technology Solutions is looking at India as a talent pool for global market, a senior company official said on Wednesday.
The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.
The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth. Das, a career bureaucrat who in 2016 oversaw Prime Minister Narendra Modi's highly disruptive demonetisation move, left a lasting legacy as he demitted office towards the end of 2024 after expertly navigating monetary policy for six years, the highlight of which was steering India's recovery through the pandemic.
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