Cognizant Tech to acquire Belcan for $1.3 bn in cash and stock

Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock.......

Cognizant splits global growth markets by appointing 2 internal leaders

Cognizant Technology Solutions has restructured its global growth markets (GGM) by appointing two internal leaders who will now share the responsibility. Photograph: Chris Helgren/Reuters The move......

Cognizant rejig to cost $400 mn over 2 years, to lay off 3,500 employees

Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates.......

Cognizant sees a high 21% staff attrition in JFM quarter

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......