Latest news with #Cognizant
The Hindu
5 hours ago
- Business
- The Hindu
Naidu invites Singapore companies to invest in Quantum Valley
Chief Minister N. Chandrababu Naidu has invited Singapore companies to explore investment opportunities in the State's upcoming 'Quantum Valley' project, being established in Amaravati. 'This will be the first Quantum Valley in the country and is expected to be operational by January 2026,' he said, noting that the ecosystem will offer ample scope for research, innovation, and global partnerships. He highlighted Andhra Pradesh's strong potential for data centre development during a high-profile roundtable conference with industrialists and business leaders in Singapore on Tuesday. Mr. Naidu pointed out that Andhra Pradesh, particularly Visakhapatnam, has developed the necessary ecosystem to support data centre infrastructure. He revealed that Google is set to establish a major data centre in Visakhapatnam, and that top-tier IT companies like TCS and Cognizant are also in the process of setting up their operations in the region. The Chief Minister emphasised that the Andhra Pradesh government is currently implementing over 20 industry-friendly policies aimed at fostering investment and innovation. He elaborated on the advantages of A.P.'s proactive industrial climate, transparent governance, and sector-specific incentives. As part of his ongoing visit to Singapore, the Chief Minister met representatives from 41 leading companies, presenting the State as an ideal investment destination in the digital infrastructure and technology sectors. Ministers Nara Lokesh, T.G. Bharat, and P. Narayana, along with senior State officials, were present.
Time of India
6 hours ago
- Business
- Time of India
Boardroom takeover? Indian leaders are calling the shots at global giants
Indian-origin executives are increasingly leading Fortune 500 companies, driven by strong engineering talent and a unique ability to thrive in chaotic environments. Their success stems from rigorous education in India, adaptability, and cultural fluency, making them effective global leaders. A growing "boomerang effect" sees talent building competitive businesses within India, further strengthening the nation's economic ecosystem. Tired of too many ads? Remove Ads Shailesh Jejurikar, born and raised in Mumbai, was named the next CEO of Procter & Gamble. Sabih Khan, from Moradabad, Uttar Pradesh, became Apple's Chief Operating Officer. Kevan Parekh, born in India, stepped in as Apple's Chief Financial Officer in January. Tired of too many ads? Remove Ads Indian-origin CEOs running Fortune 500 giants New faces, big roles Sandeep Dutta, President of AWS India and South Asia (Nov 2024) Srinivas Pallia, CEO & MD of Wipro (April 2024) Arundhati Chakraborty, Group CEO of Operations at Accenture (Sept 2024) Somit Goyal, CEO of IBS Software (June 2024) Rajesh Varrier, Global Head of Operations and Chairman & MD for India, Cognizant (Sept–Oct 2024) Abhijit Dubey, CEO of NTT DATA's global ops outside Japan (June 2024) Sridhar Ramaswamy, CEO of Snowflake (Feb 2024) Vaibhav Taneja, CFO & Chief Accounting Officer, Tesla (since Aug 2023) Uma Amuluru, CHRO and EVP at Boeing (April 2024) Veterans still leading the charge Satya Nadella (Microsoft), born in Hyderabad Sundar Pichai (Google/Alphabet), from Madurai, IIT Kharagpur Shantanu Narayen (Adobe), from Hyderabad Arvind Krishna (IBM), Andhra Pradesh native, IIT Kanpur Ajay Banga (World Bank), Pune-born, IIM Ahmedabad Vasant Narasimhan (Novartis), raised in India Leena Nair (Chanel), Kolhapur-born, XLRI alum Nikesh Arora (Palo Alto Networks), from Ghaziabad Sanjay Mehrotra (Micron), from Kanpur George Kurian (NetApp) Ravi Kumar S (Cognizant), from Trichy Vimal Kapur (Honeywell), CEO since 2023, Chairman since 2024 Others like Raj Subramaniam (FedEx) and Jayshree Ullal (Arista Networks) round out the list Why this happened Engineering talent built for export Tired of too many ads? Remove Ads 5x more likely to take calculated risks 6x more likely to embrace challenges Consistently ahead on resilience and process thinking Learning to thrive in chaos Cultural fluency matters The boomerang effect Even the jokes have changed. As former US ambassador Eric Garcetti said last year, 'The old joke was you could not become a CEO in the US if you were Indian. Now the joke is you cannot become a CEO in America if you are not Indian.'He wasn't kidding. According to Garcetti, who was speaking at the 2024 Indiaspora AI Summit at Stanford University, over one in ten Fortune 500 CEOs are now Indian immigrants who studied in the isn't just a trend. It's a real shift in global leadership, and it often starts far from the boardrooms of New York or the tech corridors of Silicon Valley. It starts in Indian towns and cities, in engineering colleges and crowded homes, with parents betting everything on this year, three Indians took top roles at some of the world's most powerful companies:They're not anomalies. They're part of a growing of July 2025, at least 11 Fortune 500 companies are headed by Indian-origin CEOs, according to Newsweek. These firms together hold over $6.5 trillion in market cap. That's not symbolic success. That's structural here's what matters: many of these CEOs weren't just born to Indian parents, they were born and educated in India before building global careers.A series of high-profile appointments over the last year signals just how broad this movement is:The old guard is still going strong:A lot of it starts with engineering. India's IITs, especially Kharagpur, Bombay, Delhi, Madras, and Kanpur, were always meant to be elite. They rates are brutal. IIT Bombay's acceptance rate has been as low as 0.6%, according to the Jawhar College of Education. That level of selectivity has created generations of problem-solvers who thrive under Raj Gupta, born in Muzaffarnagar, IIT Bombay grad, 1967. He moved to the US with $8 in his pocket. Eventually, he became Chairman and CEO of Rohm and Haas. A mentor told him: 'You have to get the idea of the white man at the top out of your head.' That shift in mindset shaped his the IITs are preeminent, India's broader engineering ecosystem also produces world-class talent:Satya Nadella didn't go to an IIT, he studied at Manipal. But by 2014, he was running Microsoft. Since then, its valuation has jumped from $300 billion to over $3 Pichai, raised in a modest Madurai home, earned his stripes at IIT Kharagpur and joined Google in 2004. He now runs isn't just academic horsepower. It's grit, adaptability, and insane work ethic.A study by leadership advisory firm ghSMART, which analysed 30,000 execs, found Indian-origin leaders are:And those traits aren't picked up in business school, they're shaped growing up in doesn't teach perfection. It teaches improvisation. Traffic jams, power cuts, bureaucracy, navigating daily life here is a crash course in Ravi Kumar (Cognizant CEO) said in an interview: 'If you can drive a car in India, you can drive anywhere in the world.'That ability to work through ambiguity, what Indians call jugaad, makes Indian-origin CEOs effective in unpredictable markets. ghSMART found they're particularly strong at making fast decisions without perfect global companies, being able to translate between worlds isn't just nice, it's essential. Indian-origin CEOs have an edge Nair (Chanel): Spent decades at Unilever, mastering talent management across 190 countries. Chanel picked her not for fashion experience, but for her global leadership Subramaniam (FedEx): Born in Kerala, he's climbed FedEx's ranks since 1991. His real strength? Running complex global supply chains while managing cross-cultural Nooyi (ex-PepsiCo): From Chennai, she built PepsiCo's Performance with Purpose strategy, blending growth with social and environmental Mohan (YouTube): Raised partly in India, he's scaled YouTube globally by tuning into user habits in India and other emerging narrative of Indian talent solely seeking opportunities abroad is rapidly evolving. A significant "boomerang effect" is now in full swing, where highly skilled professionals are either returning to India or choosing to stay and build globally competitive businesses right from their homeland. This trend highlights India's maturing ecosystem, proving it's a fertile ground for entrepreneurship and high-impact these impactful examples of talent choosing to build in India:Sridhar Vembu (Zoho): After a stint in the U.S., Vembu made the unconventional decision to relocate to rural Tamil Nadu. From this unexpected base, he meticulously built Zoho, a global Software-as-a-Service (SaaS) powerhouse now valued at over $5.8 billion. Zoho's success showcases how world-class enterprises can emerge from non-traditional locations within India, creating significant domestic employment and technological and Binny Bansal (Flipkart): These IIT Delhi graduates famously departed from Amazon to co-found Flipkart in Bangalore. Their entrepreneurial vision led to the creation of India's largest e-commerce platform, fundamentally reshaping the country's retail landscape. This venture culminated in Walmart acquiring a majority stake in 2018 for a monumental $16 billion, highlighting the immense value being generated by Indian-founded domestic dynamism is further bolstered by a robust financial ecosystem:Venture Capital Boom: India's startup scene has become incredibly attractive to investors. A staggering $38.5 billion in venture capital poured into Indian startups in 2021, indicating strong investor confidence and a thriving innovation Domestic Markets: While India isn't directly aiming to rival global exchanges like NASDAQ, its own stock exchanges, such as the Bombay Stock Exchange (BSE), have grown exponentially. The BSE is now among the world's largest by market capitalisation, signifying the increasing ability of Indian companies to raise substantial capital right at home, reducing reliance on international markets and showcasing the growing sophistication of India's financial surge in Indian-origin leadership isn't about optics. It's about skill, developed in India, refined globally, and now recognised as essential to running the world's biggest companies.
Time Business News
9 hours ago
- Business
- Time Business News
Sudhir Kumar IFGICT: Transforming Financial Technology
In the rapidly evolving landscape of financial technology, where data-driven innovation and strategic modernization are crucial for success, exceptional professionals emerge to lead transformative initiatives. Among these distinguished experts is Sudhir Kumar IFGICT, an accomplished Data Solutions Architect whose career spans over 17 years of groundbreaking contributions in the fintech sector. Based in Glen Allen, Virginia, his expertise in modernizing credit bureau reporting systems, customer data management, and ETL processes has positioned him as a visionary leader whose technical acumen consistently delivers exceptional value through strategic solutions and comprehensive organizational transformations. Sudhir Kumar has established himself as a transformative force in the data architecture domain, building an impressive career trajectory that showcases his commitment to technological advancement and operational excellence. His journey from Senior ETL Developer at Cognizant to his current role as Data Solutions Architect at Capital One Services LLC demonstrates a relentless pursuit of innovation in big data processing, distributed computing, and cloud migrations. This extensive background has equipped him with unparalleled expertise in transforming legacy systems into scalable, cloud-based solutions that drive innovation and improve operational efficiency across the financial services industry. Throughout his distinguished career, Sudhir Kumar has demonstrated exceptional prowess in leading complex system migrations and modernization initiatives. His expertise encompasses a comprehensive array of cutting-edge technologies including Spark, Hadoop, Apache Kafka, AWS Kinesis, and various data warehousing platforms such as DB2, Netezza, and Snowflake. His current role involves spearheading the modernization of credit bureau reporting systems, incorporating cloud-based solutions for improved accuracy, real-time capabilities, and enhanced scalability. His ability to migrate legacy systems using microservices and real-time data streaming has consistently delivered tangible results, reducing operational costs while significantly improving data availability. Sudhir Kumar's technical expertise spans the complete spectrum of modern data technologies and methodologies. His proficiency includes Python, SQL, dimensional modeling, star schema design, and data lake architectures. His engagement with cloud platforms has been particularly impactful, where he has been instrumental in developing distributed computing strategies and implementing big data frameworks for efficient data processing and faster reporting cycles. A prime example of his innovative leadership is demonstrated through his work on customer demographic and relationship data management at Capital One. Here, Sudhir Kumar designed and implemented modern data pipelines that ensure efficient data aggregation and processing. Sudhir Kumar IFGICT's leadership in migrating to cloud platforms, leveraging distributed computing to enhance data processing speed and enable real-time updates, has significantly improved system performance and scalability. Furthermore, his transformative work on card offer management and customer acquisition systems showcases his ability to modernize complex business processes. By developing real-time data pipelines using Apache Kafka and Spark, he ensured timely card offers and personalized customer recommendations, directly contributing to enhanced customer engagement and expanded user base effectiveness. Beyond his technical brilliance, Sudhir Kumar's leadership philosophy centers on designing robust data pipelines and optimizing data-driven strategies for business growth and regulatory compliance. His impressive technical portfolio, including expertise in Power BI, Tableau, QuickSight for data visualization, and customer segmentation and acquisition strategies, highlights his comprehensive understanding of the entire data ecosystem. He has consistently demonstrated success in leading high-value modernization projects across various organizations, from customer audit log modernization initiatives that improved data security and accessibility, to comprehensive ETL process transformations that enhanced data performance and optimized storage solutions. His specialization in migrating systems from legacy platforms to modern cloud-based architectures has enabled organizations to achieve significant operational improvements and cost reductions. At IBM Services, Sudhir Kumar directed the modernization of ETL processes, transitioning from DB2 to Netezza data warehouses. This initiative improved data performance, optimized storage, and enhanced ETL pipelines to ensure faster processing and efficient data flow across the organization. His work in integrating ETL solutions improved data pipeline flexibility and enabled on-demand data access, showcasing his comprehensive approach to data architecture transformation. Sudhir Kumar's commitment to professional excellence is demonstrated through his Amazon Web Services (AWS) Solutions Architect – Associate certification and Amazon Web Services (AWS) Certified AI Practitioner certification, which validate his expertise in cloud computing and distributed systems. These certifications underscore his dedication to staying current with industry best practices and emerging technologies in the rapidly evolving field of data architecture and cloud computing. His ability to lead teams, design robust data pipelines, and optimize data-driven strategies for business growth and regulatory compliance positions him as a leader who not only understands technology but also its strategic application in driving organizational success. This professional recognition underscores his enduring impact on the financial technology landscape and his role in shaping its future. As Sudhir Kumar continues his distinguished career, his focus remains steadfast on integrating technical expertise with exceptional leadership skills to elevate organizational performance to unprecedented levels. His proven track record as a data solutions architect, strategic planner, and effective implementer continues to generate immense value across the financial technology landscape. His expertise in big data processing, distributed computing, and cloud computing, combined with his specialization in transforming legacy systems into scalable, cloud-based solutions, makes him an invaluable asset to the global fintech community. His ongoing commitment to excellence in modernizing credit bureau reporting, customer data management, and ETL processes ensures his lasting impact on technology innovation in the ever-evolving field of financial data architecture. His recent recognition as a Fellow by IFGICT, the world's largest ICT federation, further solidifies his standing as a global leader in the field, acknowledging his significant contributions to advancing information and communication technology. This prestigious grade is a testament to his expertise, dedication, and the profound influence he has had on shaping the future of financial data systems worldwide. TIME BUSINESS NEWS
Hans India
16 hours ago
- Business
- Hans India
Cognizant holds pre-placement connect event at MITS
Madanapalle: Cognizant, a global technology and professional services leader, conducted a pre-placement connect event at Madanapalle Institute of Technology & Science (MITS) Deemed to be University for final-year B Tech and M Tech students here on Monday. Key speakers Raghavendra Kulkarni, Global Delivery Partner, and Jitender Singh, HR Senior Manager - Campus Recruitment, shared valuable insights on industry expectations, emerging tech skills, and career opportunities at Cognisant. The interactive session highlighted the growing demand for skills in Salesforce, ServiceNow, and Java. Kulkarni emphasised continuous learning and aligning academic goals with industry standards, while Singh guided students on succeeding in online assessments and tech interviews. Venu Chowdary, Head of Placement & Training at MITS, thanked Cognisant for their continued collaboration in shaping industry-ready graduates.
The Hindu
a day ago
- Business
- The Hindu
Cognizant's pre-placement event at MITS University
A pre-placement connect event was organised for final-year B. Tech and M. Tech students by Cognizant at MITS Deemed University near Madanapalle of Annamayya district on Monday. As per the press release issued, the session featured Raghavendra Kulkarni, Global Delivery Partner, who shared insights on evolving IT trends, recruitment strategies, and the importance of industry-relevant skills. Emphasising on proficiency in technologies like Salesforce, ServiceNow, and Java, Mr. Kulkarni highlighted the need for adaptability and continuous learning. The event provided students with an opportunity to engage directly with Cognizant's recruiters, the release added.
