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COGNIZANT NEWS
'American jobs not for foreign fraudsters': JD Vance as US launches major H-1B visa fraud probe
July 10, 2026 4:46 am
The investigation is being led by the Department of Labour's Office of Inspector General, which said it has uncovered alleged schemes involving fraudulent visa applications, exploitation of foreign workers and practices that may have undercut American workers.
US Senators question TCS, 9 others over H-1B visa filings after layoff of American staff
October 03, 2025 10:50 pm
In fact, just a few days after their missive to the ten companies, the senators said they are reintroducing bipartisan legislation to "reform and close loopholes" in the H-1B and L-1 visa programs.
Tech blue chips in legal battle: What is the Infosys-Cognizant dispute all about?
January 11, 2025 1:38 pm
The IT giants have filed lawsuits against each other. What are the accusations?
Top 10 most valuable IT services brands 2024: India leads with 4 firms
October 24, 2024 3:53 pm
Top 10 most valuable IT services brands 2024: Tata Consultancy Services (TCS) is the second most valuable IT services brand, showcasing a tremendous 11% growth in brand value, achieving USD 19.2 billion.
Cognizant India CMD Ramkumar Ramamoorthy to step down
July 10, 2020 12:27 pm
In a post on LinkedIn, Ramamoorthy wrote, "In the past few months, I felt a strong desire to double down on my abiding passion (also my first calling!) education, skilling and mentoring entrepreneurs. I am all set to explore that world again from July 17".
Madras High Court upholds Rs 2,500-crore income tax demand on Cognizant
June 26, 2019 3:11 am
The case stems from demand for payment of tax at the rate of 15% on remittance of Rs 19,415 crore to its non-resident shareholders in US and Mauritius, against buyback of 94 lakh of its equity shares in 2016.
Cognizant posts Q4 profit at $520-million
May 08, 2018 2:49 am
In the last quarter of 2017, the company registered a loss of $18 million due to a one-time incremental income tax expense of $617 million, following the implementation of new tax reform Act in the US.
Cognizant to buy US-based company
March 13, 2018 2:49 am
RCM software and processes integrates and automates healthcare administrative and medical data to ensure benefit eligibility and accurate billing and collections.
Cognizant Q1 Net up 26%, steps up hiring in US
May 05, 2017 9:40 pm
The US-based firm saw revenues grow 10.7 per cent to $3.55 billion in the reported quarter from $3.2 billion in the year-ago period, meeting its guidance range of $3.51-3.55 billion.
Cognizant Q3 net rises 11.3%
November 06, 2014 12:46 am
Net profit of the firm stood at $355.6 million, though, on a sequential basis, it declined 4.3 per cent.
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