In the first phase, 400 professionals would be recruited and trained for the 37,000 square feet new facility housed at the special economic zone notified Muthoot IT park, Cognizant Vice-Chairman Lakshmi Narayanan told reporters in Koch.
Cognizant Foundation, the corporate social responsibility arm of Cognizant, has extended a financial aid of approximately Rs 40 lakh (Rs 4 million) to Maharashtra-based non-governmental organisations.
Hiring during a recession and leveraging a stable succession gameplan are just a few amongst many other things that this firm did right.
Cognizant derived 41 per cent of its revenues from financial services.
Buoyed by stellar earnings in the September quarter, IT firm Cognizant said it will offer promotions for its employees at all levels up to managers.
'Everybody is excited about the New York event. Everybody wants to see him.' 'Imagine traveling from as far as the West Coast, it's a testament to Modiji.'
It was in 2008 that the company entered in the Fortune 1000 ranking at 859th position. In three years, it has ascended 375 places to find a place in the prestigious Fortune 500 ranking.
IT services firm Cognizant on Wednesday posted 12.9 per cent increase in net profit to $420.1 million for the second quarter this year, revising revenue growth guidance to 20.1 per cent for the fiscal.
Refining its inorganic growth strategy further after carrying out acquisitions in consulting and analytics areas down the years, Cognizant Technology Solutions is understood to be scouting for business process outsourcing firms specialising in insurance in the US and Europe.
Quarterly revenue from Europe rose 35 per cent, the strongest growth since the company started breaking out revenue by region two years ago.
Congress spokesperson Pawan Khera called the order "state-sponsored bigotry".
The acquisition has opened a market to 245,000 healthcare providers, 350 payers (insurance firms) and 180 million lives.
Nasdaq-listed IT firm Cognizant on Wednesday said it will pay its senior executives 100 per cent performance-linked stock options if the company's revenues touch $8.51 billion in fiscal year 2013.
He indicated his conviction will remain firm even if that "uprising" ultimately puts the party he faithfully served for 13 years in the dock.
Buoyed by the second quarter results, the Nasdaq-listed Cognizant Technology Solutions has announced its plans to hire 5,000 people by the year-end, thus taking the company's total headcount to 14,000.
The Congress has promised to introduce the 'Mahalaxmi Scheme' in the poll manifesto which will provide Rs 1 lakh annually to the poor to alleviate poverty.
Nasdaq-listed Cognizant Technology Solutions, which did not complete the due diligence process for Satyam Computer Services, is understood to be back in the race to acquire the troubled software company.
Leading IT services provider Cognizant Technology Solutions Corp plans to build three more fully-owned technocomplexes covering over 600,000 sq feet area for its 6,500 employees
A bench of Justices Abhay S Oka and Ujjal Bhuyan said when an accused appears before a court in pursuance of a summons, the agency will have to apply to the court concerned to get his custody.
A journalist has shared a screenshot in which a question was asked to Google Gemini about Modi.
The case caused a national uproar after the Juvenile Justice Board member L N Danwade gave bail to the accused on very lenient terms, including writing a 300-word essay on road safety.
Size of targeted firms for M&As increases from $10-20 mn to $80-100 mn.
IT and business process outsourcing services provider Cognizant Technology Solutions Corporation has expanded its share repurchase programme to $200 million.
Bikaner BJP minority morcha district president Usman Ghani, who expressed displeasure with Prime Minister Narendra Modi's recent remarks in Rajasthan, was on Wednesday expelled from the party for 'tarnishing' its image.
'We expect market consolidation and recommend buying during market dips.'
Companies now require more than just academic marks; they seek students with internship experience or extra certification courses.
The order came following a petition in the high court seeking direction to the police to ensure protection to Opposition party workers in the wake of alleged post-poll violence in some places of the state following the elections.
Deal to bolster firm's position in healthcare IT.
IPL matches in Bengaluru under NGT scanner
The Bombay HC also sought details from the Maharashtra government.
Chatterjee said the compNY is not aware of any major client concerns at this point.
The new facility of Cognizant Technology Solutions, a leading global IT offshore services provider, at Coimbatore is set to go operational soon, a senior company official said.
Francisco D' Souza, president and chief executive of Cognizant Technology Solutions (earlier called Dun and Bradstreet Satyam Software), believes Asia and Latin America would be the nearly $3-billion New Jersey-based offshore IT service major's focus areas of growth.
Pai sought to look at the issue of founders raising questions as shareholder activism.
Leading software outsourcing firm Cognizant Technology on Tuesday reported a 15.4 per cent rise in net profit at $319.6 million in the quarter to September driven by a strong ramp up in demand for outsourcing services, up from $276.9 million a year ago.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances