19 Apr 2020
IT giant Cognizant suffers from 'Maze' ransomware attack: Details here
Cognizant, one of the largest tech and consulting companies in the world, has been hit by a major ransomware attack.
06 Sep 2019
Cognizant CEO plans downsizing; may cut jobs in October
Cognizant Technologies CEO Brian Humphries has disclosed that the US-based IT services firm would soon witness a slew of job cuts.
04 Apr 2018
HC partially unfreezes Cognizant's bank-accounts, orders payment of Rs. 420cr
A week after freezing bank accounts of Cognizant Technology Solutions in a Rs. 2,500cr tax-evasion case, the Madras HC has asked it to pay 15% (Rs. 420cr) to I-T in two days.
28 Mar 2018
I-T freezes Cognizant's bank accounts over Rs. 2,500cr tax evasion
The Income Tax (I-T) department has frozen some bank accounts of Cognizant Technology Solutions India P Ltd over alleged tax evasion to the tune of Rs. 2,500cr.
12 May 2017
Layoffs in IT sector- Time for trade unions?
The recent layoffs within the IT industry have made employees wary of their job security and now a faction of the disgruntled workers have filed a petition against the IT firms via The Forum for IT employees (FITE).
12 May 2017
IT industry is in disarray, as layoff panic hits employees
The IT sector is currently going through a retrenchment drive to let go of "underperformers", an exercise which would result in 56,000 engineers losing their jobs, according to Mint.
25 Apr 2017
H-1B: Infosys, TCS received just 8.8% visas, says NASSCOM
After a US official accused Infosys and TCS of unfairly obtaining majority of the H-1B visas, NASSCOM stated that the two companies had received only 8.8% of the total number of visas issued in FY2015.
24 Apr 2017
TCS, Infosys, Cognizant are violating H-1B visa rules, says USA
In a White House press briefing, a senior official under Trump administration said that Indian tech giants TCS, Infosys and Cognizant are flouting H-1B visa rules.
21 Apr 2017
Wipro Layoffs: Tech major sacks 600 employees across India
At a time when Indian IT sector is facing hardships, India's third-largest software services firm Wipro has reportedly sacked hundreds of employees.