Cognizant

Cognizant sues software program rival Infosys over commerce secrets and techniques

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Software program supplier Cognizant TriZetto sued Indian tech firm Infosys in Texas federal court docket on Friday, accusing Infosys of stealing commerce secrets and techniques associated to its healthcare insurance coverage software program. Cognizant stated within the lawsuit that Infosys unlawfully extracted knowledge from its databases and used it to construct and market competing software … Read more

Cognizant-Freshers’ pay backlash: Cognizant clarifies annual pay for recent engineering grads at ₹4-12 lakh

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Cognizant Know-how Options’ annual compensation for recent engineering graduates ranges from ₹4 lakh to ₹12 lakh yearly. This depends upon classes of hiring, talent set, and superior business accredited certifications, stated Surya Gummadi, EVP and President, Cognizant Americas. The clarification comes after a latest publish on X said that the US-based IT firm provided entry-level … Read more

Cognizant says entry-level annual pay for engineers at ₹4-12 lakh

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Dealing with social media backlash over the ₹2.52 lakh annual wage provide for freshers, IT large Cognizant on Sunday stated it affords ₹4-12 lakh wage to contemporary engineering graduates, and the wage being quoted on social media is for non-engineering undergraduate diploma holders. The agency additionally confronted social media ridicule for doling out annual wage … Read more

Cognizant opens new campus in Hyderabad

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Telangana Chief Minister A Revanth Reddy has inaugurated a brand new campus of Cognizant on Wednesday. The ten-lakh sq ft workplace has 16 flooring and may seat 9,000 associates. The corporate’s Hyderabad operations, kickstarted in 2002, now make use of about 57,000 staff. Of those, about 39 per cent are girls. Additionally learn: Cognizant to … Read more

Cognizant Tweet: A put up on social media creates a debate on wage to IT freshers

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A put up on X (Twitter) on Cognizant’s entry-level wage went viral on Tuesday. Whereas it was for non-IT jobs, the put up opened a Pandora’s field on how the wage supplied by massive IT service firms to engineers recent out of faculty has not seen an enormous improve within the final decade. Quite the … Read more

Cognizant to arrange 10 lakh sq ft facility in Hyderabad, to create 15,000 new jobs

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At a time when the IT trade is dealing with robust instances, IT main Cognizant introduced a significant enlargement plan. The corporate stated it is going to arrange a 10-lakh sq ft facility in Hyderabad, creating 15,000 new jobs. The brand new centre can home 20,000 workers. Additionally learn: IT corporations’ margins hit a three-year … Read more

We leveraged headroom in employees optimisation: Cognizant CEO Ravi Kumar

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Cognizant Expertise Options Company reported 2.1 per cent income development sequentially within the June 2024 quarter with decrease headcount. In different phrases, greater worker utilisation, coupled with adoption of automation and synthetic intelligence helped the corporate, says CEO S Ravi Kumar. In Q2, Cognizant reported income of $4.85 billion and headcount of 336,300, down by … Read more

Cognizant to amass US engg firm Belcan for $1.3 billion 

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With a watch on accelerating income development in a tricky atmosphere, IT main Cognizant Expertise Options has signed an settlement to amass US-based Belcan LLC, a worldwide provider of Engineering Analysis & Improvement (ER&D) companies at a purchase order worth of round $1.3 billion in money and inventory. That is Cognizant’s second massive acquisition within … Read more

Cognizant to pay hikes to eligible workers in August: CEO

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Cognizant Expertise Options, the US-based expertise firm with a big presence in India, can pay hikes to eligible workers in August. The corporate’s CEO S Ravi Kumar stated earlier it was introduced that in August the pay hikes will likely be performed. It stays so, he instructed newspersons whereas discussing the corporate’s March quarter monetary … Read more

Pune court docket asks police to probe bribery allegations towards IT main Cognizant

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The periods court docket right here has directed the Anti-Corruption Bureau (ACB) of Maharashtra Police to research allegations towards IT main Cognizant Applied sciences that it paid a bribe by means of a contractor to native authorities officers to safe obligatory permits and environmental clearances for its campus at Hinjawadi on town’s outskirts. The bribe … Read more