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Cognizant Technology Solutions News

Income Tax department

28 Mar 2018

Paid all applicable taxes, I-T dept's position without merit: Cognizant

The tech giant's comments follow ITD's freezing its certain bank accounts in the country over a dispute on payment of dividend distribution tax (DDT) running into hundreds of crores.

Income Tax department

28 Mar 2018

IT department freezes Cognizant bank a/cs for non-payment of Rs 2,500 crore

The U.S.-listed IT services has significant operations in India where the majority of its 260,000 employees reside.

05 May 2017

Cognizant Q1 Net up 26%, steps up hiring in US

IT major Cognizant reported a 26 percent rise in March quarter profits to USD 557 million, helped by growth in financial services and maintained that it will grow between 8-10 percent in calendar year 2017.

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