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......
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:......
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......
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......
IT firm Cognizant on Friday said it will give employees who are at associate level and below in India and the Philippines, an additional payment of 25 per cent of base pay for April in recognition......