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Cognizant Technology Solutions News
Cognizant Technology Solutions
Cognizant Q1 net profit up 26% to $557 million; to expand local hiring in US
Sat, May 06, 2017
Cognizant has reported 26% growth in its first quarter net profit boosted by growth in its financial markets and has said that the company will grow 8 to 10% in 2017.
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Cognizant faces another law suit from US law firm
Fri, Nov 04, 2016
Law firm Holzer & Holzer LLC -- representing the investors -- alleged that the IT major made "improper payments to obtain permits and building licences in India".
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Cognizant Technology shares trade at 23-month low, on US investigation
Fri, Sep 30, 2016
Cognizant said, “The company is conducting an internal investigation into whether certain payments relating to facilities in India were made improperly and in possible violation of the US Foreign Corrupt Practices Act and other applicable laws,” said a statement issued to the US stock exchange.”
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