Page 6 - Cognizant

'Encyclopaedia' Ramkumar Ramamoorthy takes charge of Cognizant India

Narayanan, who had hired a young Ramamoorthy, says he has reinvented himself several times over the past 20 years

R Ramamoorthy appointed chairman and managing director of Cognizant India

Ramamoorthy, who has been with the company for more than 21 years, played a leading role in developing many of the company's India-based portfolios

Madras HC directs Cognizant to approach Appellate Authority on tax dispute

A Cognizant spokesperson said that the company may not be able to comment on the development since it has not officially received a copy of the order

Cognizant boosts bench strength of leaders after spur of high-level exits

Experts say this is a step in the right direction for the firm to regain its competitive edge

Cognizant plans another round of layoffs to slash costs, says report

Cognizant is also exercising tighter control over expenses through a number of measures, including a slower pace of hiring and reduced travel expenses

Cognizant looks to re-invest in talent, digital solutions to drive growth

Cognizant is also focussing on higher-value services like digital as it chases higher margins

Cognizant looks to raise sales headcount to spur digital revenue

The move comes at a time when the company is optimising its employee pyramid apart from rationalising its SG&A expenses

Cognizant may hike variable pay component in move to lower costs: Report

Discussions around the change in compensation have just begun

Cognizant Q2 net profit rises 11.6% to $509 million, cuts revenue guidance

The revenue at $4.14 billion grew 3.4% on YoY basis while in constant currency terms, the growth rate was 4.7%

IT major Cognizant posts 11.6% increase in Q2 net profit to $509 mn

Cognizant CFO Karen McLoughlin said the second-quarter results were in-line with its guidance, and the company is set to achieve its full-year outlook

Cognizant Technology appeals to larger bench of Madras HC on tax order

The court adjourned the matter for hearing on a later date, directing status quo till then

Madras HC dismisses Cognizant's plea over Rs 2,800 crore tax demand

The company was accused of evading DDT on transactions made while buying shares from its Mauritius and US arms

Cognizant to hike pay package for entry-level engineers to 4 lakh per annum

Engineering students graduating in June 2020 will see the offer made by the US-based company increase from Rs 3.38 lakh per annum to Rs 4 lakh according to sources

Activist hedge fund, leadership shift leave imprint on Cognizant

New CEO of the US-based firm hints at realigning cost structure with focus on execution as steps for turnaround

Cognizant may cut jobs, mostly in India; mid-level staff to be worst hit

Company, with a total staff base of 281,600 in 2018, had 70 per cent of its total employees located in India

Cognizant cuts revenue guidance for 2019 after underperformance in Q1

Company evaluates realignment strategies including additional employee separation programme

Cognizant acquires Ireland-based financial software firm Meritsoft

Meritsoft is best known for its FINBOS platform for after trade processing

Cognizant's Brian Humphries to be highest-paid among Indian IT firms' CEOs

Humphries, slated to join the Nasdaq-listed firm April 1, will also receive restricted stock units of $3 million (Rs 21 crore) within one month of joining

Cognizant case shows how corporates can avoid charges even amid wrongdoing

Prosecutors declined to charge the company, citing recent enforcement policies

Zero tolerance for improper conduct: Cognizant Technology CEO to staff

282,000 associates of the company have a shared responsibility to build and protect the company's reputation