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  • Corporate Crossings | Cognizant veteran Vishal Dugar joins INT. as chief growth officer Nov 08, 2022 06:03 PM IST

    Corporate Crossings | Cognizant veteran Vishal Dugar joins INT. as chief growth officer

    Vishal Dugar joined INT. from Cognizant where he was the Global Head of Business Development and oversaw the financial services vertical

  • Infosys may race past Cognizant again as revenue gap narrows between IT majors Nov 07, 2022 08:46 AM IST

    Infosys may race past Cognizant again as revenue gap narrows between IT majors

    Infosys coming close to Cognizant’s level of growth reflects the latter’s troubles as it faced execution challenges and underperformed as compared to its peers, despite the pandemic leading to significantly increased demand.

  • Cognizant's guidance cut holds a cautionary message for Indian IT Nov 04, 2022 09:35 AM IST

    Cognizant's guidance cut holds a cautionary message for Indian IT

    IT companies should think twice before scaling down their employee base as rebuilding capacity can be difficult

  • Cognizant cuts revenue forecast again as demand, execution challenges persist Nov 03, 2022 12:22 PM IST

    Cognizant cuts revenue forecast again as demand, execution challenges persist

    Cognizant has revised its full-year guidance downward, citing headwinds from currency, lower North America billable headcount and softer-than-expected bookings growth

  • Cognizant appointment of Ravi Kumar a smart move and board-driven: Moshe Katri Oct 18, 2022 07:04 PM IST

    Cognizant appointment of Ravi Kumar a smart move and board-driven: Moshe Katri

    Moshe Katri’s comments come months after the leading IT analyst called out the Cognizant board for not exercising its fiduciary duty

  • Former Infosys President Ravi Kumar S to join Cognizant Oct 17, 2022 06:41 PM IST

    Former Infosys President Ravi Kumar S to join Cognizant

    Sources suggested that Ravi Kumar's appointment as President could be a precursor to becoming Cognizant CEO in the future.

  • Cognizant board has to exercise its fiduciary duty, assess what is going on: Moshe Katri Aug 08, 2022 08:39 AM IST

    Cognizant board has to exercise its fiduciary duty, assess what is going on: Moshe Katri

    In an interview with Moneycontrol, leading IT analyst Moshe Katri drew parallels between Cognizant and its Indian rivals such as Infosys and Wipro, where founders tweaked leadership till they found the right candidate for the top job.

  • BTech student bags Rs 50 lakh job from Microsoft. He rejected offers from Amazon, Cognizant Aug 03, 2022 01:14 PM IST

    BTech student bags Rs 50 lakh job from Microsoft. He rejected offers from Amazon, Cognizant

    Sharing his reasons for choosing Microsoft, Rakheja said that he heard the work culture there is amazing and the work they do is impactful.

  • Cognizant's guidance cut belies Indian IT’s optimism Jul 29, 2022 11:47 AM IST

    Cognizant's guidance cut belies Indian IT’s optimism

    Cognizant has done a creditable job on profit margins but has also warned about potential slowdown in project awards

  • Cognizant cuts revenue guidance, attrition zooms to 36% Jul 28, 2022 02:34 PM IST

    Cognizant cuts revenue guidance, attrition zooms to 36%

    Growth across the company’s key verticals was also impacted barring communications, media and technology

  • Cognizant rejig may make digital arm nimbler, check attrition Jul 12, 2022 09:30 AM IST

    Cognizant rejig may make digital arm nimbler, check attrition

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

  • Rajesh Nambiar loses ‘executive’ position at Cognizant, takes a pay cut Jul 06, 2022 08:22 PM IST

    Rajesh Nambiar loses ‘executive’ position at Cognizant, takes a pay cut

    Nambiar, however, will continue to be a part of the company as the Executive Vice President, Chairman, and Managing Director of Cognizant India, the IT services major informed in an SEC filing in the US on Wednesday.

  • Infosys CEO Salil Parekh to earn $10.2 million a year; how does his salary compare to chief executives at Accenture, Cognizant and IBM? May 27, 2022 05:33 PM IST

    Infosys CEO Salil Parekh to earn $10.2 million a year; how does his salary compare to chief executives at Accenture, Cognizant and IBM?

    Infosys had said earlier that Parekh's proposed total target remuneration vis-à-vis the remuneration most recently paid to CEOs of peers would be around the median.

  • Meet Debashis Chatterjee, Chief of LTI-Mindtree: A firm exterior and a soft people-oriented interior May 09, 2022 08:16 AM IST

    Meet Debashis Chatterjee, Chief of LTI-Mindtree: A firm exterior and a soft people-oriented interior

    "An egoless person, he hired his own boss and started what turned out to be a big centre for Cognizant in Kolkata," former Cognizant vice-chairman and CEO Lakshmi Narayanan said on Debashis Chatterjee.

  • Cognizant reports highest-ever increase in quarterly revenue May 05, 2022 09:33 AM IST

    Cognizant reports highest-ever increase in quarterly revenue

    In comparison, for the March quarter, Tata Consultancy Services Ltd’s (TCS) dollar revenue grew 14.3% in constant currency from a year earlier to $6.7 billion, while that of Infosys Ltd grew 20.6% to $4.3 billion.

  • We have an active pipeline of companies in India for investments, acquisitions: Francisco D'Souza, co-founder, Recognize fund  Jan 14, 2022 08:45 AM IST

    We have an active pipeline of companies in India for investments, acquisitions: Francisco D'Souza, co-founder, Recognize fund 

    D'Souza, the former CEO of Nasdaq-listed Cognizant said the tech services boom is here to stay and that the winners of the future are going to be the ones that can build amazing cultures and not necessarily the ones who can create demand. 

  • Former Cognizant CEO Francisco D'Souza teams up with industry veterans to launch Recognize, $1.3 Billion Growth Fund Jan 13, 2022 05:26 PM IST

    Former Cognizant CEO Francisco D'Souza teams up with industry veterans to launch Recognize, $1.3 Billion Growth Fund

    Recognize has raised approximately $1.3 billion for its inaugural fund and has closed three platform investments with over 4,000 employees.

  • Attrition-hit Cognizant names Soma Pandey as Global Head of Talent Management Dec 14, 2021 03:35 PM IST

    Attrition-hit Cognizant names Soma Pandey as Global Head of Talent Management

    This comes at a time when the company's involuntary attrition rate was 33 percent for the September 2021 quarter, one of the highest in the industry. Pandey’s appointment also comes after Suresh Bethavandu, global head of talent acquisition, resigned from Cognizant after a 25-year stint in October.

  • Former Cognizant executive Suresh Bethavandu is Mindtree's Chief People Officer Dec 07, 2021 10:40 AM IST

    Former Cognizant executive Suresh Bethavandu is Mindtree's Chief People Officer

    Bethavandu will be responsible for all key dimensions of the talent lifecycle including recruitment, performance management, and compensation

  • Cognizant gives tepid revenue guidance of 8-11% for 2022-24 Nov 19, 2021 11:46 AM IST

    Cognizant gives tepid revenue guidance of 8-11% for 2022-24

    The guidance is in constant currency CAGR. Of the total growth in the period, 6-9 percent organic constant currency CAGR and 2 percent would come from inorganic contribution. Cognizant expects to close the year with $18.5 billion.

  • Cognizant does not have enough headcount to fulfill its potential: CEO Brian Humphries Oct 28, 2021 10:23 AM IST

    Cognizant does not have enough headcount to fulfill its potential: CEO Brian Humphries

    This is the second time the CEO has commented having to let go of some business due to supply crunch. It comes at the back of rising voluntary attrition of 33 percent (37 percent otherwise), highest among its India peers, at a time when the demand momentum is strong. The company will hire 45,000 freshers in India, who will be on-boarded in FY22.

  • Exclusive | Wipro, Mindtree snap up top HR executives from Cognizant Oct 12, 2021 10:40 AM IST

    Exclusive | Wipro, Mindtree snap up top HR executives from Cognizant

    The latest exodus, coming in the wake of senior Cognizant hands leaving to head other IT companies, large PE firms and startups over the last two years, underscores the company’s struggle to retain top talent

  • Cognizant accused of immigration fraud in the US: Report Aug 24, 2021 09:38 AM IST

    Cognizant accused of immigration fraud in the US: Report

    United States District Judge for the District of New Jersey, Peter Sheridan, said last week that Cognizant has an obligation to pay the appropriate fee for the visa privileges

  • Cyberattack: Accenture says no impact on operations, client systems Aug 12, 2021 12:59 PM IST

    Cyberattack: Accenture says no impact on operations, client systems

    On August 11, the Lockbit hacker group claimed that they have attacked Accenture and said they intend to leak the data.

  • EXCLUSIVE: Cognizant sees more top-deck exits—execs leading talent acquisition and global delivery leave Aug 05, 2021 03:50 PM IST

    EXCLUSIVE: Cognizant sees more top-deck exits—execs leading talent acquisition and global delivery leave

    These exits are likely to hurt Cognizant as they come at a time when the company is seeing record attrition and is looking at hiring 1 lakh experienced professionals.