Cognizant Technology Solutions Corporation is an American multinational information technology services and consulting company. It is headquartered in Teaneck, New Jersey , U.S. Cognizant is part of the NASDAQ-100 and trades under CTSH. It was founded in Chennai , India , as an in-house technology unit of Dun & Bradstreet in 1994, and started serving external clients in 1996. After a series of corporate reorganizations, there was an initial public offering in 1998. Ravi Kumar S has been the CEO of the company since January 2023, replacing Brian Humphries .
66-750: Major League Cricket ( MLC ), also known as Cognizant Major League Cricket for sponsorship reasons, is a professional Twenty20 cricket league that is played in the United States. Operated by American Cricket Enterprises (ACE) and sanctioned by USA Cricket , it began play on July 13, 2023, with six teams representing major US cities under a single-entity model. The first season took place over three weeks at Grand Prairie Stadium in Grand Prairie, Texas , and Church Street Park in Morrisville, North Carolina , concluding on July 30, 2023. In 2021,
132-535: A cricket complex. Construction on the complex started by March 2018, in which two cricket grounds were scheduled to open by April 2018. They opened four more cricket grounds in September 2018 as part of its first phase. Upon opening, the complex hosted three cricket matches of the Houston Cricket League. By July of 2022, a total of 14 cricket grounds were opened at the venue. In May 2019,
198-473: A 2024 retrial, a jury found the company had discriminated and should pay damages 200 senior executives, above the Director's Level were dismissed because they were not able to catch up with the latest technologies. The number of the executives that were dismissed is unusually high and questions the ability of the company to catch up with the latest technologies. In 2017, eight employees filed petitions with
264-518: A 22-team development league known as Minor League Cricket that summer as a prelude. Minor League Cricket was officially announced the following week, with plans to host a nine-week, 170-game season beginning July 4 ; however, it was postponed to 2021 due to the COVID-19 pandemic in the United States . In October 2020 USA Cricket reaffirmed plans to launch Major League Cricket in 2022 as part of its "foundational plan" for 2020–23. On December 1, 2020, it
330-882: A cricket-specific facility that will host a Grand Prairie-based team in Major League Cricket. In March 2022, ACE discussed plans to invest $ 110 million in eight newly constructed or renovated venues for the league and possible hosting of matches during the 2024 ICC Men's T20 World Cup (which the United States is co-hosting with the West Indies), including the aforementioned Grand Prairie Stadium, Church Street Park in Morrisville , Moosa Stadium in Pearland , Prairie View Cricket Complex in Prairie View , and new sites in Orange County (backed by
396-399: A dividend distribution tax (DDT). 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. The court asked
462-610: A grassroots corporate social responsibility project called Outreach , through which the volunteer employees lend their expertise for devising skill-building and workforce programs to improve the operations of NGOs. In 2015, the Fortune named it as the world's fourth most admired IT services company. In 2017, Cognizant was named in Fortune ' s Future 50 list. During 2021, Cognizant signed multiple sponsorship agreements with sports, sailing, and racing teams. In January 2021,
528-537: A high-quality natural turf wicket, and build a cricket pavilion, which would cater for both men and women players. It was also announced that Tanweer Ahmed, along with PVCC Head of Operations, Mangesh Chaudhari would be added to the investor group in Major League Cricket, and that they both would also co-own the Houston Hurricanes, which was announced in August of the same year. Additionally, the venue hosted
594-462: A maximum of nine can be overseas players. Following the draft, it was reported that USAC had not yet sanctioned either Major or Minor League Cricket for the 2023 season, with the ICC stating that its members should not issue No Objection Certificates (NOCs) to release players to participate at this time. Interim chairman of the board Atul Rai citing unspecified concerns and outstanding issues over how ACE
660-585: A part of company's annual performance review process. On July 1, 2023, Cognizant acquired the Microsoft/Nuance Dragon Ambient eXperience US medical scribes division. On January 8, 2024, Cognizant laid off over 700 of those US medical scribes and managers to migrate the US hospital accounts to their Indian scribes division in a rolling/tiered fashion with termination dates at the end of February and March 2024. In addition, approximately 40 of
726-680: A portion of its content moderation contracts in 2020. Prairie View Cricket Complex The Prairie View Cricket Complex ( PVCC ) is a group of six cricket grounds located in the city of Prairie View , part of the Greater Houston area, in Waller County, Texas , United States. The facility is joint-owned by Tanweer Ahmed and Major League Cricket . In January 2018, Houston developer David Wolff, along with Pakistani American businessman Tanweer Ahmed joint-purchased 86 acres of land in Prairie View, Texas , to build
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#1732802238565792-458: A result of exposure to graphic violence , hate speech , and conspiracy theories in the videos they were instructed to evaluate. Moderators at the Phoenix office reported drug abuse , alcohol abuse , and sexual intercourse in the workplace, and feared retaliation from terminated workers who threatened to harm them. In response, a Cognizant representative stated the company would examine
858-400: A series of practice games between two Major League Cricket squads, and a United States Training Group. The practice series featured the likes of Corey Anderson , Sami Aslam , Dane Piedt and more. Similarly, it was the home ground to the Houston Hurricanes during the inaugural season of Minor League Cricket from July 31 to September 12, 2021. It was also announced on August 28, 2021, that
924-785: A sponsorship agreement. For 2024, MLC also began to reach syndication agreements with regional sports networks , with YES Network announcing an agreement to air MI New York matches. International providers include TNT Sports in the UK and Ireland, ARY in Pakistan, and Prime Video in Australia and New Zealand. Minor League Cricket is a developmental league for Major League Cricket that completed its inaugural season in 2021. It consists of 26 franchise-based teams in four regional divisions. Unlike Major League Cricket, Minor League Cricket uses privately owned franchises. Cognizant Cognizant
990-569: Is administering the competitions, including wanting to seek a more "favorable" short-term agreement. MLC director Justin Geale stated that the sanctioning applications were with USA Cricket", and that "the recent staffing changes at USA Cricket may have contributed to any delays. In April 2023, the league was officially sanctioned by the ICC, removing a significant obstacle to the league launching in July. Play began on July 13, 2023. In December 2023 it
1056-763: The New Jersey Stallions , in which the Stallions beat the Mustangs by two wickets. In November 2022, it was announced the first season of MLC will be staged from July 13–30, 2023, at Grand Prairie Stadium . The tournament will be played in a single round-robin format with 15 league matches played among six franchises before a four-match play-off phase. MLC also hopes to play matches in a to-be-constructed stadium in Los Angeles, and Church Street Park in Morrisville, North Carolina . In February 2023, it
1122-1071: The S&P 500 . Cognizant became a Fortune 500 company in 2011. Cognizant's philanthropic and corporate social responsibility (CSR) initiatives are conducted through the Cognizant employees for the financial and administrative support of the Cognizant Foundation. Registered in March 2005 as a "Charitable Company" under the Indian Companies Act, the Cognizant Foundation aims to help "unprivileged members of society gain access to quality education and healthcare by providing financial and technical support; designing and implementing educational and healthcare improvement programs; and partnering with Non-Government Organizations (NGOs), educational institutions, healthcare institutions, government agencies and corporations". Cognizant has
1188-602: The United States national cricket team played its first match at this venue. By July of that same year, six cricket grounds had opened. Construction continued throughout September of that year, before ending and being ready for use in December 2019. For the first half of 2020, it would be used as a venue for the Houston Cricket League, before being used by the Houston Hurricanes as their home ground for
1254-641: The development league for MLC, Minor League Cricket (MiLC), completed its inaugural season, which was contested by 27 franchise-based teams. There have been various attempts to hold a Twenty20 (T20) cricket league in the United States, such as the short-lived Pro Cricket (which played a single season in 2004), and the American Premier League , a proposed league in partnership between the United States of America Cricket Association (USACA) and New Zealand Cricket , modelled after domestic T20 competitions. However, it has yet to properly launch in
1320-779: The exhibition league of Minor League Cricket . It served as the host of the Houston Open 2021 (which was sanctioned by USA Cricket ) in early April of that year. It also hosted the United States Men's Under-19 National Championship, in which the Mid-Atlantic Zone were crowned champions. Later that month, it was also announced by USA Cricket that the venue would become the first official Major League Cricket National Cricket Center, and, as part of their joint-venture deal, they would add eight new turf practice nets and wickets, upgrading three cricket pitches to
1386-460: The 2024 ICC Men's T20 World Cup. Upon opening in September 2018, the venue hosted matches of the Houston Cricket League throughout 2019 and 2020. The United States national cricket team played their first cricket match at this venue in May 2019. The following years, it was used as the Houston Hurricanes ' home ground in both the exhibition league (in which Mayor David Allen was invited to see) and
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#17328022385651452-477: The Companies (Appointment and Disqualification of Directors) Rules of 2014." One of those questions was as to why the company had not disclosed complete information on stock options of its parent holding company — CTS Corporation in the United States — having been given to the employees, including its directors, and the payments running to several hundred crores of rupees (approx US $ 40 million) having been paid to
1518-625: The Knight Riders), the Santa Clara County Fairgrounds , and Marymoor Park in Redmond, Washington . The renovated venues have a budget of approximately $ 3 million each, while the three new west coast venues have a budget of $ 30 million each; ACE stated that the west coast venues would be completed by 2024, and will have a projected capacity of 10,000–20,000. As of November 2022, it was reported that work on
1584-491: The Presenting Partner of THE JOHN SHIPPEN Shoot-Out Inaugural Golf Event. As of 2024, Cognizant is also the title sponsor of Major League Cricket . Larsen & Toubro Ltd (L&T) paid million in bribes to Indian government officials on behalf of Cognizant Technology Solutions Corp. to secure permits, ranging from environmental clearance to power. L&T has made illicit payments and Cognizant reimbursed
1650-664: The U.S. In 2009, an investigation by the US Department of Labor (DoL) found Cognizant in violation of the H-1B provisions of the Immigration and Nationality Administrative Act. The DoL discovered that the company had stolen wages and benefits from 67 of its workers, for which they demanded they repay $ 509,607 in back wages. Joseph Petrecca, the director of the Wage and Hour Division's Northern New Jersey District Office noted that
1716-520: The UK, Australia, Hungary, Netherlands, Spain, China, Philippines, Canada, Brazil, Argentina, Mexico etc. Cognizant is organized into several verticals and horizontal units. The vertical units focus on specific industries such as Banking & Financial Services, Insurance, Healthcare, Manufacturing and Retail. The horizontal units focus on specific technologies or process areas such as Analytics, mobile computing, BPO and Testing. Both horizontal and vertical units have business consultants , who form
1782-523: The US employees (thus not triggering the WARN Act, which stipulates a minimum of 50 employees) were terminated immediately on January 8, 2024, with only 1 month's severance pay instead of the 2 months' severance that would have been required by the WARN Act. The Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading
1848-548: The USACA, which had been expelled from the International Cricket Council in September 2017 due to governance issues. The new body set a goal for cricket to reach wider, mainstream popularity in the country, where it has typically been considered a niche international sport. In an annual general meeting on February 21, 2020, it was stated that USA Cricket planned to launch Major League Cricket in 2021, and
1914-432: The United States as of July 2024. In November 2018 USA Cricket announced that it was seeking partners to establish a domestic T20 league in the country by 2021, with goals to "engage existing fans and grow new ones", and spur "sustainable development of cricketing infrastructure across the United States". In May 2019, USA Cricket accepted a bid by American Cricket Enterprises (ACE) for a US$ 1 billion investment, covering
1980-531: The United States, and in March 1998, Kumar Mahadeva was named CEO. Operating as a division of the Cognizant Corporation, the company focused on Y2K-related projects and web development. In 1998, the parent company, Cognizant Corporation, split into two companies: IMS Health and Nielsen Media Research . After this restructuring, Cognizant Technology Solutions became a public subsidiary of IMS Health. In June 1998, IMS Health partially spun off
2046-599: The announcement of the 2023 schedule, it was confirmed that a portion of the group stage will be played at Church Street Park; due to a curfew on the use of floodlights, these matches will begin in the early evening. This was true for the 2024 season as well, with matches again being played in Grand Prairie and Morrisville. In the United States, MLC games are broadcast by Willow , with selected matches also being carried by CBS Sports Network , and over-the-top television service Sling TV also streaming matches as part of
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2112-707: The company has over 347,700 employees globally, of which about 254,000 are in India across 11 cities with a plurality in Chennai . On 20 January 1994, Cognizant registered its branch in Chennai, Tamil Nadu, India with the legal name Cognizant Technology Solutions India Private Limited. The other centers of the company are in Bangalore , Bhubaneswar , Chennai , Coimbatore , Gurgaon , Hyderabad , Kochi , Kolkata , Mangalore , Mumbai , Noida , Pune and Indore . The company has local, regional, and global delivery centers in
2178-590: The company started pursuing customers beyond Dun & Bradstreet. In 1996, Dun & Bradstreet spun off several of its subsidiaries, including Erisco, IMS International, Nielsen Media Research , Pilot Software , Strategic Technologies and DBSS, to form a new company called Cognizant Corporation, headquartered in Chennai, India. Three months later, in 1997, DBSS renamed itself Cognizant Technology Solutions. In July 1997, Dun & Bradstreet bought Satyam 's 24% stake in DBSS for $ 3.4 million. Headquarters were moved to
2244-521: The company to deposit 15 percent of the disputed tax, amounting to 4.9 billion rupees ($ 75 million) as security deposit till it decides on the case. In February 2018 the UK and Irish press expressed concerns about contractors employed by Cognizant in Dublin as part of the outsourcing contract with Google about the conditions of employment in relationship to compensation and basic employment allowances like sick leave. In 2016, Cognizant announced that it
2310-639: The company took immediate steps to correct the violations, saying the "level of cooperation sets a standard for others in the industry." In 2016, the company was the subject of a lawsuit by workers for Walt Disney World who said workers from India were brought into the United States on H-1B visas in order to replace them. However, in October 2016, federal Judge Gregory A. Presnel of the United States District Court in Orlando dismissed
2376-583: The company, conducting an initial public offering of the Cognizant stock. In 2003, IMS Health sold its entire 56% stake in Cognizant, which instituted a poison pill provision to prevent hostile takeover attempts. Kumar Mahadeva resigned as the CEO in 2003, and was replaced by Lakshmi Narayanan . Gradually, the company's services portfolio expanded across the IT services landscape and into business process outsourcing (BPO) and business consulting . Lakshmi Narayanan
2442-622: The hopes of accelerating cricket's development across the United States. In June 2022 MLC announced the inaugural season of Minor League Cricket Youth (MiLC Youth). The inaugural season of MiLC Youth was announced to be contested between eleven teams at the Prairie View Cricket Complex in Houston starting July 25, 2022. The finals for the inaugural season took place on July 29 at between the Dallas Mustangs and
2508-701: The inaugural season of Minor League Cricket . In April 2021, the venue hosted the USA Cricket -sanctioned Houston Open 2021, in which the Nepali Rhinos took the trophy. Later that month, it also hosted the United States Men's Under-19 National Championship, in which the Mid-Atlantic Zone was crowned champions. The same month, the venue hosted a series of practice matches between a United States Training Group and two Major League Cricket squads, which featured many international cricketers such as Shayan Jahangir , Dane Piedt , and others. In August 2021, it
2574-619: The issues in the report. The Verge published a follow-up investigation of Cognizant's Tampa, Florida , office in June 2019. Employees in the Tampa location described working conditions that were worse than the conditions in the Phoenix office. Content moderator Keith Utley suffered a heart attack while working for Cognizant in March 2018 and died in a hospital; the Tampa office lacked an on-site defibrillator . Moderators were required to sign non-disclosure agreements with Cognizant to obtain
2640-483: The job, although three former workers broke the agreements to provide information to The Verge . In the Tampa office, workers reported bed bugs , unsanitary work conditions, inadequate mental health resources, sexual harassment , workplace violence , and theft . As a result of exposure to videos depicting graphic violence, animal abuse , and child sexual abuse , some employees developed psychological trauma and posttraumatic stress disorder. Cognizant sanitized
2706-633: The labor department, complaining Cognizant forced them to resign as part of a performance-based review. The labor department closed the case in favor of employees and advised company management to give one more opportunity for the petitioners to prove themselves. At the time Cognizant had also rolled out a ‘voluntary separation program’ for directors, associate vice-presidents and senior VP's which compensated them with 6–9 months of their salary. In 2017, approximately 6000 Cognizant employees in Hyderabad/Bangalore/Chennai lost their job as
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2772-644: The lawsuits, stating "none of the allegedly false statements put at issue in the complaint are adequate." Cognizant was also required to pay $ 5.7 million in back pay and fines in a U.S. District Court ruling for a class action lawsuit. The lawsuit claimed that Cognizant did not provide quality assurance analysts the full value of their overtime pay. In February 2019, an investigative report by The Verge described poor working conditions in Cognizant's Phoenix, Arizona , office. Cognizant employees tasked with content moderation for Facebook developed mental health issues, including post-traumatic stress disorder , as
2838-473: The league and other investments benefitting the US national teams. Its partners include Satyan Gajwani and Vineet Jain of The Times Group , and Willow TV founders Sameer Mehta and Vijay Srinivasan. As part of the agreement, ACE also handles commercial activities for T20I and ODI matches hosted by the United States. In January 2019 USA Cricket was approved as the new governing board for cricket in USA, replacing
2904-615: The money by disguising it as compensation for cost overruns. In March 2019, significant publicity was raised because Cognizant repetitively violated the directives of the Registrar of Companies . The Company "has moved [sic] the Madras High Court fearing possibility of criminal prosecution being launched against it by [the] Registrar of Companies for alleged violation of the provisions of the Companies Act of 2013 and
2970-527: The national team. In May 2021, the launch of Major League Cricket was delayed to 2023 due to COVID-19 and to provide additional time to develop facilities. In May 2022 Major League Cricket announced it had acquired funds of US$ 120 million as part of its Series A and A1 fundraising rounds. Investors committing to MLC featured the likes of Microsoft CEO Satya Nadella , Ross Perot Jr. , Anand Rajaraman , Shantanu Narayen and more. MLC plans to use these funds to mainly build stadiums and first-class facilities in
3036-792: The newly rebranded Aston Martin Formula One team announced Cognizant as their title sponsor for the 2021 Formula One World Championship and beyond. In February 2021, Cognizant signed a sponsorship deal with the PGA TOUR and LPGA Tour to become a Global Partner of the Presidents Cup and a title partner of the LPGA Tour’s Founders Cup. Later in the same year, in April, Cognizant signed an agreement to be SailGP 's digital transformation partner. In June, Cognizant also became
3102-528: The number of matches played. MLC began with six teams and uses a single-entity structure under which all teams are owned by ACE, with investor-operators (who have invested in the company) assigned to each team. It plans to expand to ten teams in the future, expanding from an initial 19-game season to a 34-game season by 2025. USA Cricket's CEO Iain Higgins identified Atlanta , Chicago, Los Angeles, New Jersey , New York City, and San Francisco as markets where
3168-405: The office before The Verge ' s visit, a practice the publication described as a " dog-and-pony-show phenomenon". In response to negative coverage related to its content moderation contracts, a Facebook director indicated that Facebook is in the process of developing a "global resiliency team" that would assist its contractors. On October 30, 2019, Cognizant announced that it would phase out
3234-461: The organization-wide Cognizant Consulting team together. Cognizant is among the largest recruiters of MBAs in the industry; they are involved in business development and business analysis for IT services projects. Cognizant is led by Ravi Kumar S (CEO) as of 12 January 2023 . Jatin Dalal (CFO) a, Surya Gummadi and Rajesh Nambiar (President, Digital Business & Technology) are some of
3300-485: The other proposed pitches had not yet commenced. In February 2023, it was reported that most of the 2023 matches were set to be played in Grand Prairie, with Church Street Park set to be used as a secondary venue. Due to the summer heat in Texas, it was reported by ESPNcricinfo that most matches would be scheduled as night games, rather than scheduled in the daytime hours to attract audiences in markets such as India. With
3366-490: The others in the leadership team. On 1 April 2019, Francisco D'Souza was replaced by Brian Humphries as the CEO. On 12 January 2023, Brian Humphries was replaced by former Infosys President, Ravi Kumar Singisetti as the CEO. Cognizant was listed on NASDAQ in 1998, and added to the NASDAQ-100 Index in 2004. After the close of trading on 16 November 2006, Cognizant moved from the mid cap S&P 400 to
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#17328022385653432-422: The parent company in the US towards stock compensating recharge. In 2018, a race discrimination suit was brought: "Three former employees claim they were forced out of their jobs and replaced with 'less qualified' Indians after being poorly treated by their Indian supervisors and colleagues, given unjustifiably low performance ratings and denied promotions." Cognizant said it was "national origin" and not race. In
3498-422: The six teams had a purse of over $ 1 million, with $ 800,000 for overseas players and $ 300,000 for US-based players. The draft had a fixed salary cap with a maximum of $ 75,000 (first round) and a minimum of $ 2,500 (ninth round). Overseas signings were directly signed and were not part of the draft. Each franchise must have a minimum of fifteen players, with the maximum being eighteen. Out of these eighteen players,
3564-454: The sport was most popular. The league's six inaugural teams are assigned to Dallas , Los Angeles , New York , San Francisco , Seattle , and Washington, D.C. Only Dallas currently has a home stadium; the league plans to build cricket stadiums in the other locales. On November 18, 2020, it was announced that ACE would lease AirHogs Stadium in Grand Prairie, Texas—home of the former Texas AirHogs independent baseball team—and convert it to
3630-580: The venue hosted warm-up and practice games ahead of 2 ICC Cricket World Cup League 2 series at Moosa Stadium . Additionally, from June to July 2022, the venue was used again by the Hurricanes in their 2022 campaign of Minor League Cricket. In December of the same year, it was announced that the venue – alongside other venues such as Central Broward Stadium , Moosa Stadium , and the Grand Prairie Stadium – were likely to host matches in
3696-420: The venue would be the host of the inaugural USA Cricket national men's 50-over championship, which took place from November 15-19, 2021 (changed from a November 12-20 schedule due to the revised schedule of the 2021 ICC Men's T20 World Cup Americas Qualifier ). In March 2022, it was announced that the venue would undergo a $ 3 million renovation ahead of MLC and the 2024 ICC Men's T20 World Cup . In May 2022,
3762-501: Was announced that the IPL's Kolkata Knight Riders (co-owned by Bollywood actor Shah Rukh Khan ) would invest in ACE. In February 2021 MLC announced plans for Minor League Cricket Youth and Major League Cricket Youth leagues, which would, alongside a MLC Jr. Championship and player development program, serve as a development system for younger players to progress towards Major League Cricket and
3828-513: Was announced that the player draft for the league's inaugural season would be held on March 19, 2023. The inaugural player draft was held on March 19, 2023, at the NASA Johnson Space Center in Houston . The draft was conducted over 9 rounds via a serpentine system , where the team order is reversed every round. Out of the 9 rounds, 8 were general draft picks, with the final round being exclusively for U-23 players. Each of
3894-462: Was announced that the second season of the MLC tournament would begin on July 5, 2024, just four days after the conclusion of the 2024 ICC Men's T20 World Cup . It was also reported that the matches would be played in Grand Prairie Stadium along with other venues. In February 2024 the lists of retained domestic and overseas players were released ahead of the domestic player draft . In March, Cognizant
3960-409: Was announced that the venue would be hosting the first inaugural United States Men's National Championship, which featured eight teams, and spanned from November 15-19, 2021 (changed from a November 12-20 schedule due to the revised schedule of the 2021 ICC Men's T20 World Cup Americas Qualifier ). The western ground in the complex hosted two official international series in April and May 2024, with
4026-741: Was cooperating with US authorities in an investigation related to the Foreign Corrupt Practices Act , and carrying out its own probe to determine whether some payments made in India breached the law. The company also said President Gordon Coburn had resigned and would be replaced by Rajeev Mehta. Cognizant has been sued by Crawford & Company , the US-based independent providers of insurance claims-handling services, for alleged breach of contract. Cognizant had been mandated by Crawford to implement PeopleSoft Financials software as part of an ERP project called Project Atlas that it
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#17328022385654092-591: Was critical to Crawford's operations. Project Atlas included components for both internal operations and client-facing services. Cognizant leads the ranks of companies receiving H-1B visas from the United States. The company has been steadily increasing its U.S. work force. In January 2011, the company announced plans to expand its U.S. delivery centers, including a new 1,000-person (0.4% of worldwide workforce) facility in Phoenix, Arizona . In February 2011, Cognizant said it had 60 full-time recruiters actively hiring in
4158-429: Was established in 1994 in Chennai , India, as Dun & Bradstreet Satyam Software (DBSS), a 76:24 joint venture between Dun & Bradstreet and Satyam Computers , with Kumar Mahadeva , and Srini Raju as the founding CEOs and MDs. It began with 50 employees in Chennai as Dun & Bradstreet 's in-house technology unit focused on implementing large-scale IT projects for Dun & Bradstreet businesses. In 1996,
4224-413: Was named as the title sponsor for the league from the 2024 season. In May 2024 the ICC granted the tournament official List A status, resulting in the official recognition of the tournament as a "T20 league" and tournament playing records now being counted as official format statistics. Vijay Srinivasan, MLC's chief executive, later emphasized ambitions to expand the tournament to 10 teams and to increase
4290-451: Was replaced by Brian Humphries as the CEO. In January 2022, Cognizant sold its acquisition Oy Samlink to Kyndryl and Mustache to DJE Holdings. In 2023, Ravi Kumar S was named as CEO of Cognizant. On 22 April 2024, Cognizant announced its partnership with Microsoft Corporation to extend its reach of Generative AI and Copilots, also to enhance experiences of employee and speed up their cross-industry innovation. As of December 2023,
4356-746: Was succeeded by Francisco D'Souza in 2006. In September 2014, Cognizant acquired healthcare IT services provider TriZetto Corp for $ 2.7 billion. Cognizant shares rose nearly 3 percent in pre-market trading. On 24 June 2015, the company signed a multimillion-dollar agreement with Escorts Group in India to help Escorts' businesses in digital transformation and modernize its operations across all business segments. On 30 June 2015, it partnered with Singapore -based supermarket retailer NTUC FairPrice to perform digital transformation in NTUC's business to improve personalized and consistent customer service across multiple channels. On 1 April 2019, Francisco D'Souza
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