Page 9 - Cognizant
Cognizant's acquisition spree to expand capabilities
Analysts say that small acquisitions will bring in one or two per cent growth to the company
 "Cognizant's acquisition spree to expand capabilities")
Cognizant buys Norwegian unit, boosts operations in oil and gas
Deal value undisclosed; help Cognizant provide services to portfolio firms of Norway-based firm Aker
Cognizant to acquire Australian insurance consulting firm
The acquisition of Adaptra will expand Cognizant's capabilities in serving insurance clients better
 "Cognizant to acquire Australian insurance consulting firm")
Cognizant expands operations in Saudi Arabia
Cognizant currently employs more than 200 professionals in the Kingdom of Saudi Arabia
Cognizant's strategy is two decade old, needs to reinvent itself: Elliott
Elliot Management Corporation owns over 4% of Cognizant shares, making it one of the top four shareholders of the company
Elliott Management discloses stake in Cognizant, urges board change
The hedge fund said more than half of the co's directors had been in their position for at least 9 years
 "Elliott Management discloses stake in Cognizant, urges board change")
What IT investors should read into Cognizant's September quarter results
The company slightly trimmed upper end of its CY16 revenue growth guidance largely to factor in nearly $18 million impact of weakening pound against US dollar
IT woes: Cognizant cuts annual guidance for the third time in a year
Annual revenue growth in the 8.5-9% range; Q3 net profit up 12% YoY
Cognizant finds improper payment worth $5mn in internal probe
Investigation is being conducted under the oversight of an Audit Committee, with the assistance of outside counsel
Cognizant Q3 net profit up 12%; cuts annual revenue guidance
Revenue for the quarter rose 8.4% at $3.45 billion on a year-on-year basis and was up 2.5% on sequential basis
Cognizant cuts annual guidance for the third time in a year
Annual revenue growth in the 8.5-9% range; Q3 net profit up 12% YoY
Class action lawsuit against Cognizant
Cognizant, which had a headcount of over 2.44 lakh at the end of June, has a majority of these employees based in India
How the class action suit against Cognizant is different
Almost 80% of US multinational's workforce, or roughly 1,90,000 IT professionals, are based in India
A whiff of scandal at Cognizant 'CTS' tech systems as IT slows down
As IT firms prepare for their potentially worst financial quarter in almost a decade, a look at how they are battling difficulties in turning around legacy business models
 "A whiff of scandal at Cognizant 'CTS' tech systems as IT slows down")
US lawsuit could open Pandora's box for Cognizant
The suit will add pressure on the Cognizant management to complete investigations into bribery allegations and prepare for the legal challenge
US lawsuit could open Pandora's box for Cognizant
Rosen, a New York-based law firm, filed a case in US courts against Cognizant representing unnamed shareholders of the company
Cognizant widens bribery probe
Sources said more company executives based in India were likely to be probed over certain payments
Cognizant investors wary of bribery probe outcome, management time
Citigroup downgrades stock, slashes price target to $55 from $68, after keeping it at buy for nearly three years
Cognizant starts internal bribery probe
Appoints Rajeev Mehta as president
 "Cognizant starts internal bribery probe")
Cognizant rejigs management team
Srinivasan V has been announced as new COO, he'll take over from Sridhar T, who has been moved to a newly created strategic initiatives portfolio
