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A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings. Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016–17 financial year, according to The Hindu, citing officials from the tax department. [156]
Tata Consultancy Services (TCS) is an Indian multinational technology company specializing in information technology services and consulting.Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries. [4]
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
In 2003, IMS Health sold its entire 56% stake in Cognizant and both companies are separated into two independent entities as IMS Health and Cognizant; In 2004, United Research China Shanghai was acquired, providing coverage of China's consumer health market. In 2005, acquired PharMetrics, a U.S. provider of patient-centric integrated claims data.
Cognizant Technology Solutions, a US-based IT company with a large presence in India, appointed Vinita Bali as an independent director effective 24 February 2020. "We are delighted that Vinita Bali has joined the Cognizant Board," said Michael Patsalos-Fox, Cognizant's chairman of the board.
The largest employers of H-1B visas are subsequently concentrated in the tech sector, starting with Amazon , which had 3,871 approved H-1B petitions for new employment in fiscal year 2024 ...
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The company was founded as L&T Information Technology Ltd in December 1996 as a subsidiary of Larsen & Toubro. [5] During 2001–2002, the company's name was changed from L&T Information Technology Ltd to L&T Infotech Ltd and in the same year the company achieved the assessed level of Software Engineering Institute's (SEI) Maturity Level 5.