Cognizant Technology Solutions

Restructuring results from evolving nature of digital transformation deals, analysts said.

Cognizant Q4 profit surges 82% to $576 million, reports highest-ever quarterly revenue

The Teaneck, New Jersey-based firm posted a 10 percent YoY growth in revenue to $18.5 billion for the full year 2021, marking the company’s return to double-digit annual revenue growth for the first time since 2015.

Cognizant reaches $95 million settlement with US shareholders over India bribery allegations

Shareholders accused Cognizant of failing to disclose payments made to obtain permits for facilities in "special economic zones," including its Indian headquarters in Chennai, where it could enjoy tax and other benefits.

Cognizant still in initial transformation phase under CEO Brian Humphries: Analysts

Cognizant posted a revenue decline of 2.3 percent to $4.2 billion year-on-year for the quarter ending December 2020.

Cognizant lays off 200 senior executives: Report

The employees were asked to sign a mutual release agreement with the company which stated that they would not press a legal action against the company.

IT tax demand is not justified, Cognizant tells HC

The court had in April granted interim stay on the Income Tax department's proceedings against Cognizant, subject to the firm depositing 15 per cent of Rs 2,800 crore dividend distribution tax demanded by the department.

Cognizant cuts CY2016 guidance to $13.5 bn

US-based technology firm Cognizant Technology Solutions posted strong numbers for the third quarter ended September with quarterly revenue rising 8.4 percent to USD3.45 billion from the year-ago quarter and 2.5 percent sequentially

Are IT cos giving the sector a poor name by lowering guidance?

Industry analysts believe that the Brexit in Europe and macro-economic issues in the United States will continue to weigh on Indian IT companies.

Top Analytics Leaders and Professionals Get Together on One Platform, CYPHER2015

Cypher 2015 was launched on 12th Sept 2015 as Analytics India Magazine’s annual Summit. Analytics India Magazine

CYPHER 2015, A Huge Success

The first ever CYPHER2015, Analytics Summit, held in Bangalore Sep 15, was a huge success with more than 400 analytics enthusiasts and professionals ...

Axtria mops up $30 million to fund expansion drive

Big data analytics firm Axtria on Wednesday said it has raised USD 30 million in a third strategic round of funding (series C), led by Helion Venture Partners with an investment of USD 15 million.

IT services provider Cognizant's revenue rises 12%

Net income rose to USD 355.6 million in the third quarter ended September 30 from USD 319.6 million a year earlier.

Francisco D'Souza: Balancing Cognizant's Present and Future

Francisco D'Souza knew he had to peer into the future to keep Cognizant relevant. And he had to do this without taking his eyes off the present.

IT stocks gain on strong results by Cognizant

HCL Tech, TCS, Infosys, Wipro and Mindtree among others gained on Thursday following financial services-led strong results by US-listed Cognizant Technology Solutions, fuelling hopes of a broader market recovrey.

L&T approaches Govt to surrender SEZ

Reflecting lack of enthusiasm for special economic zones, 16 developers including Cognizant Technology Solutions and Parsvnath SEZ have sought more time from the government for implementing their projects

IT shares hit on Cognizant SEC filing

Indian IT shares down on fears that Cognizant Technology Solutions Corp may issue a lower revenue growth guidance for 2013 based on compensation targets for top executives, dealers said.

New generation of outsourcers rises in India

The southern Indian city of Bangalore is widely known as the world's outsourcing capital, a global IT hub where the likes of Infosys and WIPRO pioneered offshore software development.

IT stocks tumble 3-4% after Cognizant cuts guidance

The cut in revenue guidance for 2012 by US-listed Cognizant Technology Solutions had a ripple effect on Indian software service providers on Tuesday.

Cognizant sees revenue growth amid Europe crisis

As the Euro zone crisis deepens and businesses outsource to cut costs amid the uncertainty, Cognizant Technology Solutions expects revenue from Europe to grow significantly, a top executive at the software services company said at the Reuters India Investment Summit.

Cognizant beats Wipro again, revenue up at $1.6bn in Q3

Third largest software exporter Cognizant Technology Solutions has beaten rival Wipro for the second consecutive quarter by posting 31.6% growth in revenue at USD 1.60 billion for the July-September period.

Will spend $500 mn over 4 yrs in 4 Indian cities: Cognizant

IT services provider Cognizant Technology Solutions has had a great fourth quarter. Its 26% revenue growth guidance for 2011 is better than expected. President and CEO of the company Francisco D'souza, in an exclusive interview on CNBC-TV18, spoke about the company’s Q4 numbers and the way forward.