Cognizant

Uber India appoints Vishpala Reddy as Chief People's Officer

Uber India appoints Vishpala Reddy as Chief People's Officer

With over 17 years of experience, Reddy will also focus on enhancing diversity and inclusion by developing programmes to foster an equal opportunity workplace at Uber as part of her role.

Aug 21, 2017, 16:27 PM IST
Cognizant emerges as top recruiter across 26 of India’s top B-schools in 2017

Cognizant emerges as top recruiter across 26 of India’s top B-schools in 2017

Cognizant went past ICICI Bank and Deloitte to emerge as the top recruiter across 26 of India’s top B-schools.

Aug 18, 2017, 08:56 AM IST
Cognizant delays salary hikes, promotions by 3 months

Cognizant delays salary hikes, promotions by 3 months

US-based IT firm Cognizant has delayed salary hikes and promotions for employees till October amid an uncertain business environment.

Jun 29, 2017, 22:31 PM IST
Reports of job losses overstated, to hire 20K this year: Infosys

Reports of job losses overstated, to hire 20K this year: Infosys

IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated".

Jun 02, 2017, 18:05 PM IST

Cognizant layoff plea closed in favour of sacked staff: Govt

The Cognizant layoff case has been closed in favour of employees and the company has been asked to hold talks one-on-one to resolve the issue.

May 27, 2017, 21:10 PM IST

Employee separation offer 1st time in India, US: Cognizant

Under fire for its 'employee separation package', IT firm Cognizant has said the company has offered it in India and the US for the first time, unlike its peers who keep taking such steps regularly.

May 25, 2017, 19:35 PM IST
FITE against Cognizant layoffs shifts to Bengaluru

FITE against Cognizant layoffs shifts to Bengaluru

After Chennai and Hyderabad, IT workers' union FITE has now decided to approach the labour commission in Bengaluru to submit a petition to stop the alleged "illegal terminations" happening at Cognizant.

May 17, 2017, 18:25 PM IST
Layoffs in Indian IT may continue for 1-2 years: Experts

Layoffs in Indian IT may continue for 1-2 years: Experts

As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.

May 14, 2017, 12:27 PM IST
No mass layoffs; workforce realignment happens every year: Nasscom

No mass layoffs; workforce realignment happens every year: Nasscom

Stating that the reports of mass layoffs were incorrect, it said workforce realignment, linked to performance appraisal processes, is a regular feature every year.

May 12, 2017, 22:17 PM IST
Cognizant Q1 Net up 26%, steps up hiring in US

Cognizant Q1 Net up 26%, steps up hiring in US

IT major Cognizant reported a 26 percent rise in March quarter profits to USD 557 million, helped by growth in financial services and maintained that it will grow between 8-10 percent in calendar year 2017.

May 05, 2017, 21:59 PM IST
Cognizant offers top executives 6-9 months' pay for voluntary exit

Cognizant offers top executives 6-9 months' pay for voluntary exit

IT services firm Cognizant is extending a "voluntary separation incentive", offering up to nine months of salary, to some of its top-level executives.

May 04, 2017, 17:12 PM IST
 Infosys seeks nod of board for share buyback

Infosys seeks nod of board for share buyback

India's second largest software major has sought permission from shareholders for share buyback. For this the company has sought approval of shareholders to change Articles of Association.

Feb 24, 2017, 11:24 AM IST
 Cognizant Q2 net dips 40% to $252.4 million on higher tax provision

Cognizant Q2 net dips 40% to $252.4 million on higher tax provision

US-based IT services major Cognizant saw its net profit dipping sharply by 40 percent in the June quarter at USD 252.4 million (around Rs 1,600 crore) on higher provisioning for income taxes.

Aug 05, 2016, 16:42 PM IST

Nasscom flags complex billing, invoicing issues in GST regime

The GST regime slated to be rolled out from April 1, 2017, should ensure that issues like complex billing and invoicing requirements and reverse charge on import of services do not impact the export competitiveness of the USD 110 billion sector, industry body Nasscom said on Thursday.

Aug 04, 2016, 21:59 PM IST