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Cognizant has been selected by Horizon Healthcare Services, Inc. (Horizon), New Jersey's oldest and largest health insurer, to support its government healthcare programs. As part of a 7-year renewal agreement, Cognizant will manage Horizon's claims processing, encounters submissions to the state, provider configuration, and enrollment services for its 1.2 million Medicaid and Dual Eligible Special Needs Plan (D-SNP) members. Cognizant will leverage its TriZetto healt...
Horizon Healthcare Services Selects Cognizant to Support its Government Healthcare Programs for 1.2 Million Members
Rajesh Gopinathan, chief executive officer of Tata Consultancy Services (TCS), will resign, India's largest IT services provider said on Thursday, just a year into his second five-year term at the helm of the company. The company named K Krithivasan as CEO-designate, effective March 16, and said he would take over as CEO and managing director in the next financial year, subject to shareholders' approval. He joined TCS in 1989 and has held various leadership roles in the company. ...
India`s TCS CEO Gopinathan to step down, veteran Krithivasan to take over
IT major Cognizant on Thursday announced the appointment of former Infosys President Ravi Kumar S. as CEO and a member of the Board, effective immediately. Kumar succeeds Brian Humphries in both roles. To facilitate a smooth transition, Humphries will remain with the company as a special advisor until March 15, the company said in a statement. Kumar joins Cognizant after a 20-year career at Infosys, where he held various leadership roles, most recently serving as President from January ...
Cognizant appoints Infosys veteran Ravi Kumar S. as CEO
IT major Cognizant on Wednesday announced that it was acquiring the management consulting company AustinCSI for an undisclosed sum. Based in Dallas, Texas, AustinCSI provides consulting services for Fortune 500 clients across industries. The privately-held company has more than 175 consultants who design and deliver cloud and automation solutions. "AustinCSI has built a stellar reputation by improving business outcomes for some of the world's most recognisable brands, partic...
Cognizant acquires US-based management consulting firm AustinCSI
Nasdaq listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth. According to Cognizant, the revenue for the Q3 went up to about $4.9 billion up from about $4.7 billion of Q3 2021. The company follows the calendar year as its accounting year. The earnings per share stood at $1.17 ($1.06 Q32021). "Revenue and bookings were below our expectations as company specific fulfillment challenges were compounded by the impact of an u...
Cognizant closes Q3 with $4.9 bn revenue, to acquire OneSource
Key News Cognizant reports good numbers in Mar quarter, revises revenue guidance Nasdaq-listed IT major Cognizant reported better numbers for the first quarter of CY21, as it saw recovery in its health care vertical and digital services grew faster than the company’s growth. Cognizant also revised upwards its full year revenue guidance from 7 per cent to 9 per cent (5.5- 7.5 per cent in constant currency). At the end of its financial year December 2020, the company had guided for ...
Key News - Cognizant, Hero MotoCorp Ltd, Adani Transmission Ltd, Tata Consumer Products, Mahindra Group by ARETE Securities
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