New Delhi: Global IT services firm Cognizant on Tuesday said its chief financial officer (CFO) Jatin Dalal has reached a settlement on the non-compete suit filed by Wipro Ltd, and the compensation and human capital committee has approved the payment of approximately Rs. 4 crores for the same...
The company's payment includes the broker's settlement payment to Wipro as well as reimbursement of their legal fees.In a filing with the US Securities and Exchange Commission (SEC), Cognizant said the terms of the agreement, "which was made without acknowledgment of liability by either party...
VMPLNew Delhi [India], June 22: Cognizant Foundation India, in collaboration with Y4D Foundation, has taken up a major initiative to empower women to work in the electronics manufacturing industry. This strategic partnership has launched a pioneering skill training project in the field of...
New Delhi, US IT firm Cognizant on Tuesday said it has signed an agreement to acquire digital engineering company Belcan, LLC for a purchase price of about US$1.3 billion (approximately Rs 10,861 crore).The buyout includes US$1.19 billion in cash and 1.47 million confirmed Cognizant shares...
According to data analytics and consulting company GlobalData, S&P 50 companies discussed GenA adoption, products/solutions on offer, strategic partnerships, investments, an application areas in their Q1 2024 earnings call transcript.Misa Singh, Business Fundamental Analyst at GlobalData...
Pune: The Anti-Corruption Bureau (ACB) of Maharashtra Police has registered an offense against officials of IT major Cognizant Technologies, Larsen & Toubro (L&T) and unidentified government officials in an alleged bribery case worth USD 7,70,000.On April 19, the sessions court here had...
New Delhi: Nasdaq-listed IT services company Cognizant has reported a 5.8 per cent year-on-year decline in consolidated net profit at US$ 546 million in the March quarter.The company said in a release that its revenue guidance for full year 2024 is "unchanged" in a band of 2 per cent decline...
Pune: The sessions court here has directed the Anti-Corruption Bureau (ACB) or Maharashtra Police to investigate allegations against IT major Cognizant Technologies that it used a contractor to obtain necessary permits and environment clearance for its premises. Had bribed local government...
WASHINGTON (AP) — Tech giants Cognizant and Microsoft on Monday announced a partnership with the goal of making generative AI and Copilot available to millions of users to transform enterprise business operations, enhance employee experiences, and accelerate cross-industry innovation.As part...
As part of this collaboration, Cognizant purchased 25,000 Microsoft 365 Copilot seats, as well as 500 Sales Copilot seats and 500 Service Copilot seats for its associates to improve productivity, streamline workflows, and transform customer experiences.“Generative AI can be a game-changer for...
New Delhi: US IT firm Cognizant on Monday said it has partnered with Microsoft Corporation to expand the reach of the latter's generative AI to co-pilot, enhance employee experiences and drive cross-industry innovation. Can be accelerated.The partnership will utilize Microsoft Copilot and...
Recognized as one of the best workplaces with skills training, development opportunities and gender diversity among the key differentiatorsNew Delhi, April 17, 2024 – Cognizant (Nasdaq: CTSH), a leading global provider of information technology, consulting and business process services, has...
VMP New Delhi [India], April 17: Cognizant
(Nasdaq: CTSH), a leading global provider of information technology, consulting and business process services, has achieved the #3 ranking among 25 large companies on the prestigious LinkedIn Top Companies 2024 list. The honor acknowledges Cognizant's...