Search Results for: Cognizant

WHO warns of 'second peak' in areas where Covid-19 declining

Many European countries and U.S. states have taken steps in recent weeks to lift lockdown measures that curbed the spread of the disease but caused severe harm to economies.

May 26, 2020

American tech giant Cognizant hit by 'Maze' ransomware attack

Cognizant said in a statement that it was taking steps to contain the security incident, with the help of cyber defense companies, and has also engaged with law enforcement.

Apr 19, 2020

Liquidity boost, flow of credit: Full text of RBI's announcement on Covid-19 crisis

Appreciating the work of the medical staff, police force and all others working during this pandemic crisis, the Reserve Bank has released its latest announcement on its assessment of the current economic situation.

Apr 17, 2020

Unemployment rate in India for March 2020

Lockdown impact on jobs: Unemployment rate in India at an all-time high of over 23%, worst in 43 months

As of today, the findings released by CMIE indicate a sharp rise in unemployment at over 23 percent. The unemployment rate in March was 8.7 per cent, which is the highest recorded in the last 43 months or since September 2016, post demonetization.

Apr 7, 2020

India Inc. set to increase its CSR spends to combat Covid-19

With the Ministry of Corporate Affairs approving funds spent by organisations on preventative care, medicines, medical equipment, disaster management and provision of infrastructure as an eligible CSR activity, India Inc. seems to have pulled out all stops to reach out to the needy and those at the frontline by increasing their CSR spends in fight against Covid-19.

Mar 28, 2020

Covid-19 outbreak: Cognizant to pay 25% extra of basic pay to Indian employees

One of the world's leading IT giants, Cognizant will pay the extra salary to its employees up to associate level in the wake of the Covid-19 outbreak.

Mar 27, 2020

Citizenship Act protest: Thousands take to streets in parts of Karnataka, security beefed up

Protests were held at Shivamogga, Udupi, Madikeri, Bidar, Chintamani and Bengaluru numbering a thousand people who expressed their unhappiness against the Citizenship (Amendment) Act.

Dec 14, 2019

Louis Vuitton owner to buy Tiffany & Co for $16.2 billion, biggest acquisition of all time

Fashion and accessories brands including Christian Dior generate the bulk of earnings at LVMH, run by France's richest man, Bernard Arnault, though growth in jewellery has shone in recent years.

Nov 25, 2019

More job cuts likely as new Software companies to be taxed at usual 25% rate

In September, Nirmala Sitharaman, announced the reduction in the corporate tax rate to 15%, from the current 25%, for new manufacturing firms, giving a major relief for the Indian corporate sector.

Nov 18, 2019

Women showcase prowess in new-age technologies at TechGig Geek Goddess 2019; Tanneeru Leela wins the title crown

TechGig Geek Goddess is the annual, women-only coding competition from TechGig that brings together women programmers from all the walks of life to showcase their technology skills and claim their glory.

Nov 12, 2019

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

The company has not disclosed how many such employees were fired in the recent past.

Nov 6, 2019

Cognizant layoffs: IT major to cut 7,000 mid-senior level jobs in restructuring push

The restructuring is part of the '2020 Fit for Growth Plan' that involves investment in technology, sales and marketing, reskilling, acquisitions, and partnerships to sharpen strategic positioning in key digital areas.

Oct 31, 2019

Sensex hits record high, surpasses 40,260, Nifty tops 11,900

Indian shares have seen steady gains in the last few sessions buoyed by positive global cues.

Oct 31, 2019

Major corporate lay-off: After Cognizant, HP India to fire 500 people in India

HP will fire 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut costs

Oct 7, 2019

Indian IT companies pay better than local competitors in US: Report

The IHS Markit took the data from the US Bureau of Labor Statistics and other government institutions to compile the report, which was further clubbed with the numbers provided by Nasscom member companies.

Sep 23, 2019

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