Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Cognizant on a tightrope as new challenge pops up
Mint Chennai
|March 11, 2025
Globally, 243 activist campaigns were launched in 2024, highest since 2018, according to a Barclays report
A new chief executive trying to steer the company, generative AI disrupting the information technology (IT) services industry, and now an activist shareholder raising its stake—New Jersey-based Cognizant Technology Solutions Corp. now finds itself walking a tightrope.
Cognizant is one of the few companies seeing a second round of shareholder activism in less than 10 years. Mantle Ridge LP raised its stakes in Cognizant to more than $1 billion, according to the Wall Street Journal.
Cette histoire est tirée de l'édition March 11, 2025 de Mint Chennai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Chennai
Mint Chennai
Rare-earth magnets: Why an ‘India fix’ is not enough
Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades.
3 mins
December 02, 2025
Mint Chennai
Anil Ambani moves SC over fraud tag
Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.
1 min
December 02, 2025
Mint Chennai
Mandatory app may trigger pushback
misuse of mobile phones in various scams.
2 mins
December 02, 2025
Mint Chennai
Automakers report brisk sales in Nov, demand remains robust
With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.
1 mins
December 02, 2025
Mint Chennai
IT’S A HOLD FOR NOW FOR THE MPC, TRACING TRADE TALKS FOR PATH AHEAD
Economists often defer to the quote by Keynes, ‘When my information changes, I alter my conclusions’, and Friday evening turned out to be one such case.
3 mins
December 02, 2025
Mint Chennai
UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case
Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.
1 min
December 02, 2025
Mint Chennai
Centre's tobacco tax recast to lift states’ excise revenue
The duty on tobacco would rise from 64% to 70% once the amended law is implemented
2 mins
December 02, 2025
Mint Chennai
IT growth trails global clients amid shifting tech spending
Automation, product spends, in-house tech centre investments contributed to decoupling
2 mins
December 02, 2025
Mint Chennai
Are gifts from NRIs to residents taxable?
I am an NRI who is living in Dubai for the past six years. I had acquired shares of an unlisted Indian firm using surplus fund from my NRO account in India. I wish to gift the shares to my father, who is a resident of India. Will this transfer attract any tax in India?
1 mins
December 02, 2025
Mint Chennai
Gen Z shoppers aren't spending like retailers need them to
More than other generations, 20-somethings are tightening their holiday-season budgets because of economic pressures
4 mins
December 02, 2025
Listen
Translate
Change font size