COGNIZANT CHENNAI

AIADMK leaders and workers, including Leader of Opposition Edappadi Palaniswami, are staging a hunger strike in Chennai to protest the Kallakurichi hooch tragedy that claimed 63 lives, demanding a CBI inquiry. The Assembly session saw AIADMK creatin...

Veteran banker and Padma Bhushan recipient Narayanan Vaghul, who passed away on May 18 at the age of 88, was cremated in Chennai on Sunday. Industry leaders including Ajay Piramal and R Seshasayee paid their respects. Vaghul, former head of ICICI, w...

Can a slew of attractive sops from
the state government and a competitive workforce turn Chennai into a hub for GCCs, positioning the state as a healthy alternative
to Bengaluru and Hyderabad? In addition to banks and automotive firms, manufacturing...

The trend of Indian IT companies relocating to smaller cities is gaining momentum, driven by factors such as cost efficiency, government incentives, and the availability of talent. Workers like B. Ramachandran are choosing to live in places like Mad...

Argentinian President Javier Milei delivers fiery speech at Davos, advocating for unbridled free enterprise and capitalism. He warns that the Western world is in danger due to the abandonment of the model of freedom for collectivist experiments. Mil...

Experts say ‘people's person’ Ravi Kumar wins back competitiveness on large deals. He is also getting major talent back to Cognizant, and has rationalised the company with real estate as well as headcount consolidation.

Sachin Bansal’s fintech venture Navi had big ambitions to digitally disrupt the financial services sector, but two of its flagship products have not been able to shore up much traction. This and more in today’s ETtech Morning Dispatch.

The bench said that in the event of default on the part of the company in complying with the conditions, the order shall stand vacated automatically, without any further reference to the court.

New Jersey-based Cognizant plans to absorb 940 people from Thirdera into its ServiceNow business group, its channel partner which has a team of 1,500 people.

"Cognizant is re-evaluating its entire real estate portfolio and has given up rented properties in some geographies. In some cases, the company has renegotiated the rent and downsized the assets too," said multiple people aware of the deal.

While Pune and Chennai’s automotive and manufacturing sector has attracted interest from a number of GCCs in the same space, Hyderabad has attracted pharmaceutical GCCs in addition to its IT base.

Cognizant, the IT major, has challenged a ruling by the Income Tax Appellate Tribunal (ITAT) in Madras that held the company liable for dividend distribution tax (DDT) on a ₹19,000 crore share buyback through a scheme of arrangement.

The trial involving two former Cognizant executives in a bribery case has got delayed as a key witness Srimanikandan Ramamoorthy's passport has been held by the Enforcement Directorate in India which is investigating the same case.

Hinjewadi in Pune, Gachibowli, Nanakramguda, and Kokapet in Hyderabad, and Mount Poonamallee Road and Pallavaram-Thoraipakkam Road in Chennai are becoming popular office locations due to affordable rents, reasonable residential prices, and good conn...

The in-house technology arms of Indian companies such as TVS, Shriram Group, Motherson, ITC, Godrej and even Patanjali Group are extending their services to external firms including some MNCs.

The Income Tax Appellate Tribunal in Chennai has ruled that IT firm Cognizant Technology Solutions India implemented a Rs 19,000-crore buyback program with a view to "evade legitimate tax," and that the company was liable to pay dividend distributio...

The case involves bribes allegedly paid to officials of Chennai Metropolitan Development Authority (CMDA), state housing, urban development department, as well as the then minister, during the construction of the IT company's 'KITS Campus' facility,...

The company's revenue, however, saw an uptick, rising 1.3% on year to $4.84 billion for the three-month period. It was slightly above street estimates of $4.83 billion. Revenue was flat while the profit declined 20.7% on a sequential basis.

Cognizant and Garuda Aerospace will collectively bring a slew of drone-based management and monitoring offerings for businesses across sectors.