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About 69 results for "cognizant technology services"

Cognizant to significantly expand local hiring in US
Rediff.com

Cognizant to significantly expand local hiring in US

Firm to prune domestic costs through initiatives such as voluntary separation Cognizant Technology Solutions plans to sharply increase local hiring in the US this year with increased demand for co-innovation and on-site presence from clients. The Nasdaq-listed technology services major said it would look at talent across local community colleges to big management universities to man different projects in the US. Last month, when the United States Citizenship and Immigration Services opened the ... Rediff.com, 1 month ago

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HCLT sets buyback price at Rs 1,000

HCL Technologies, India's fourth largest software services firm, on Wednesday said it will buyback shares at Rs 1,000 apiece, a 17 per cent premium over the current trading price of Rs 852.35 per share. in a regulatory filing, HCL Technologies said the share ...
 The Financial Chronicle1 month ago TCS to commence share buyback of Rs 16,000 cr from May 18  Rediff.com1 month ago Tata Consultancy Services to commence Rs 16,000-crore share buyback offer  DNA1 month ago No downsizing, says TCS  Sify1 month ago
Rediff.com

Layoffs in Indian IT may continue for 1-2 yrs: Experts

As digitisation and automation become the new normal, Information Technology biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.The pink slips are being handed out to thousands of employees as part of their performance appraisal process, but it is believed that these are directed more towards cost control amid pressure on bottom line due to a rising tide of protectionism in most target markets.Indian ...
 Rediff.com1 month ago

Indian IT looks at fixed price deals to squeeze higher margins

Indian IT services firms such as Wipro, Infosys, Cognizant and Mindtree are increasingly signing fixed price contracts with clients as they look at using optimal resources and automation to deliver software projects, to combat slowing business in traditional ...
 Business Standard1 month ago

Cognizant acquires TMG Health for an undisclosed amount

Cognizant has entered into a definitive agreement to purchase TMG Health, a subsidiary of health insurance major Health Care Service Corporation (HCSC) and a business process services provider to healthcare firms in US, for an undisclosed amount. The ...
 Business Standard1 week ago

IT professionals: The new face of labour unions

The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights. Romita Majumdar, Gireesh Babu and Ayan Pramanik report from the ground in Mumbai, Chennai, and Bengaluru. IT jobs: Worst challenge ahead IMAGE: Usually, IT employees let go during annual appraisal cycles would be absorbed by other firms looking for such skill-sets. This year, however, people being laid off are not getting ...
 Rediff.com3 weeks ago

Reports of job losses overstated, to hire 20K this yr: Infosys

IT services major Infosys today said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated". Infosys COO UB Pravin Rao said the technology-driven ...
 Deccan Herald3 weeks ago Infosys to hire 10K US workers in 2 years  The Financial Chronicle1 month ago

TRAI floats paper to frame rules for mobile data speed

Taking cognizance of poor data speed on mobile phones despite high tariff, telecom regulator TRAI today floated a consultation paper to frame rules to ensure transparency in the claims made by service providers surrounding wireless broadband speed.
 DNA3 weeks ago
Rediff.com

'IT employees are scared to join a trade union'

'They feel if they join a union, it will have a negative impact on their appraisals.' In 2015, when Tata Consultancy Services laid off many employees, trade unions tried to unionise the industry, but failed to do so. With thousands of employees reportedly getting laid off at India's IT majors in recent weeks, the trade unions are once again active. The Telengana labour department gave Cognizant two weeks to reply to the allegation of illegal termination of employees who had lodged complaints ...
 Rediff.com4 weeks ago
Rediff.com

Bleak future ahead of Indian tech workers

In what could be a worst-ever crisis, India's beleaguered $150-billion IT services industry is staring at huge job losses following the global market churning and technological changes. Several thousand employees are being laid off by IT majors. Although IT ...
 Deccan Herald1 month ago Indian IT is dead!  Rediff.com2 months ago IT job losses: Companies ready, but what about the government?  Rediff.com1 month ago Marquee Indian IT firms get ready for layoffs  The Financial Chronicle1 month ago
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