亚博体育官网首页

Cognizant to Divest Office Assets in Hyderabad and Bengaluru
Real Estate

Cognizant to Divest Office Assets in Hyderabad and Bengaluru

Cognizant, a global leader in technology and consulting services, has unveiled a strategic initiative to divest its office assets in the prominent Indian cities of Hyderabad and Bengaluru. This decision reflects Cognizant's proactive response to the evolving landscape of work and workplace preferences. In alignment with the widespread adoption of remote and flexible work arrangements, the company is strategically reassessing its real estate portfolio to optimize operational efficiency. The move to sell prime office properties in Hyderabad and Bengaluru signifies Cognizant's commitment to adaptability in the face of changing workforce dynamics. As organisations worldwide embrace hybrid work models, Cognizant is leveraging this opportunity to streamline its physical footprint while ensuring continued effectiveness in delivering cutting-edge technology solutions. This divestment aligns with broader industry trends, where companies are reimagining their real estate strategies to accommodate the preferences of a modern and dynamic workforce. Cognizant's decision is not merely a real estate transaction but a strategic response to the future of work, demonstrating the company's agility and commitment to staying at the forefront of workplace innovation.

Cognizant, a global leader in technology and consulting services, has unveiled a strategic initiative to divest its office assets in the prominent Indian cities of Hyderabad and Bengaluru. This decision reflects Cognizant's proactive response to the evolving landscape of work and workplace preferences. In alignment with the widespread adoption of remote and flexible work arrangements, the company is strategically reassessing its real estate portfolio to optimize operational efficiency. The move to sell prime office properties in Hyderabad and Bengaluru signifies Cognizant's commitment to adaptability in the face of changing workforce dynamics. As organisations worldwide embrace hybrid work models, Cognizant is leveraging this opportunity to streamline its physical footprint while ensuring continued effectiveness in delivering cutting-edge technology solutions. This divestment aligns with broader industry trends, where companies are reimagining their real estate strategies to accommodate the preferences of a modern and dynamic workforce. Cognizant's decision is not merely a real estate transaction but a strategic response to the future of work, demonstrating the company's agility and commitment to staying at the forefront of workplace innovation.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement