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Top related persons:
Dado Ruvic - 1 Cognizant - 1 SIPCOT - 1 Peter Bendor - 1 Samuel - 1 Sai Ishwarbharath - 1 Dhanya Skariachan - 1 Shweta Agarwal - 1
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Chennai Teaneck , New Jersey Tamil Nadu
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REUTERS - 1 Rights - 1 Software - 1 State Industries Promotion Corporation - 1 Tamil - 1 Everest Group - 1 Thomson - 1

Search resuls for: "SIPCOT"


2 mentions found


☆ Cognizant ropes in JLL for sale of its world's largest facility: sources
  + stars: | 2023-11-30 | by ( Sai Ishwarbharath B | ) www.reuters.com   time to read: +2 min
JLL and SIPCOT did not respond to Reuters' requests for comment. The campuses sit on land spanning over 49 acres having 16,500 seats, according to the company's presentations done for green energy certifications. It is an attempt "by Cognizant and other IT firms to decentralize their talent models to lower-cost locations," said Peter Bendor-Samuel, CEO at research firm Everest Group. The focus on smaller cities also comes at a time when many IT employees are reluctant to move back to big cities after shifting to their hometowns during the worst of the pandemic. Reporting by Sai Ishwarbharath B; Editing by Dhanya Skariachan and Shweta AgarwalOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Cognizant, SIPCOT, Peter Bendor, Samuel, Sai Ishwarbharath, Dhanya Skariachan, Shweta Agarwal Organizations: REUTERS, Rights, Software, Reuters, State Industries Promotion Corporation, Tamil, Everest Group, Thomson Locations: Chennai, Teaneck , New Jersey, Tamil Nadu
☆ Apple supplier Foxconn breaks ground on $500 million India factory
  + stars: | 2023-05-15 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +1 min
(Photo by Arun SANKAR / AFP) (Photo by ARUN SANKAR/AFP via Getty Images)Taiwan-based Foxconn has broken ground on a new $500 million factory in the Indian state of Telangana just under a month after Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi. Foxconn is one of Apple 's largest suppliers and directly produces a reported 70% of the world's iPhone supply. The new Telangana factory will employ 25,000 workers "in the first phase," according to a tweet from the government of Telangana. Foxconn did not immediately respond to a request for comment on the discrepancy on when a deal was reached. Bloomberg previously reported on Foxconn's effort to build another factory in the Indian state of Karnataka, just outside of Bengaluru.
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