Trouble started brewing after Cognizant announced that Ravi Kumar, former Infosys president, would be taking over as the Nasdaq-listed company's CEO. IMAGE: Kindly note the image has been posted......
Slowing growth and execution challenges for Cognizant (CTSH) may well allow Infosys to overtake the former after a decade. Photograph: Vivek Prakash/Reuters Cognizant had marched ahead of Infosys......
In a development that may hurt IT companies, US retailer Macy’s has informed its tech vendors of a 10-15 per cent cut in the IT budget for this year amid fears of a recession. Photograph:......
Employee costs for Indian IT services players have touched an all-time high as salaries soar in their effort to retain talent. Engineer salaries are going through the roof. Photograph: Vivek......
Although the number of resignations came down at Cognizant in April and continued to slow in May, the impact of attrition would play out in the second quarter also because of the longer notice......