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Cognizant's Q1FY22 Results Represents Revenue Growth Of 9.7%

Companies & Markets

Digital revenue grew 20 per cent year-over-year, representing the continued demand environment as digital technologies become increasingly mainstream

Cognizant Likely To Make Offers To 45K New Indian Graduates In Q4

BW Online Bureau

Companies & Markets

Cognizant's revenue was about 12 per cent higher at USD 4.7 billion in the quarter as against USD 4.2 billion in the year-ago period. It had forecast its third-quarter revenue to be in the range of USD 4.69-4.74 billion (a growth of 10.6-11.6 per cent or 10-11 per cent in constant currency).

IT’s Hiring Imbalance: Attrition Vs Retention

Resham Suhail

A recent survey by Microsoft revealed that 41 per cent of workers around the globe are thinking about resigning from their jobs. The IT Industry witnessing the talent war, on one end IT companies are offering higher salaries to suitably skilled top talent and on the counter side many existing employees are not the best fit for current demanding tech projects, hence upskilling themselves. And the problem continues…

Cognizant Q2 Net Income Up 41.8 % To USD 512 Mn; To Hire 1 Lakh People This Year

BW Online Bureau

Companies & Markets

The US-based company, which posted a net income of USD 361 million in the June 2020 quarter, has also raised its FY2021 revenue growth guidance to 10.2-11.2 per cent (9-10 per cent in constant currency) on the back of strong booking momentum.

Cognizant Foundation Sets Up 100-Bed COVID Care Facility In Pune

BW Online Bureau

Companies & Markets

The Mahalunge COVID care facility caters to patients from Mahalunge and Chandoli as well as from 10 Primary Health Centres and other government hospitals in Khed Taluka.

Cognizant EVP Malcolm Frank To Retire, India Chairman Rajesh Nambiar To Succeed

BW Online Bureau

Companies & Markets Sector Reports

Frank ceased to be an executive officer as of June 4, 2021, but will remain an employee through his retirement date of September 1, 2021 to assist with the transition, the filing noted.

Cognizant Announces Bonus, Promotions For Employees

BW Online Bureau

Companies & Markets Sector Reports

The company is also offering about 1,60,000 employees with merit increases globally, and has promoted more than 24,000 employees across every level

Cognizant Commits $250 Million To Global Corporate Social Responsibility

BW Online Bureau

More Press Release

This $250 million initiative aims to create conditions for people to thrive by expanding access to education, healthcare, and technology, and by advancing diversity and inclusion in communities around the world.

Cognizant To Bring In Magenic Technologies, Strengthening Digital Engineering Capabilities

BW Online Bureau

More Press Release

Custom solutions for Fortune 500 clients and others include re-architecting and migrating products to the cloud, building customer-facing web apps, creating APIs, and designing secure payment processing systems.