Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to......
The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.......
It was alleged that the IT major made "improper payments to obtain permits and building licences in India" Cognizant is facing yet another class action lawsuit in the US from a section of investors......
The company owns 12 of 45 facilities it has in India and around 75 per cent of its global headcount of 2,44,300 is based in the country Cognizant Technology Solutions has widened its investigation......
The company would undertake a multi-pronged approach to support relief and longer-term rehabilitation measures in city IT major Cognizant has committed $40 million (Rs 260 crore) to undertake......