Under activist spotlight, US IT co Cognizant enters a high-stakes reset | Bengaluru News
Bengaluru: It is rare for a global IT firm to attract two activist investors in less than a decade, but Cognizant has drawn scrutiny from both Elliott Management and Mantle Ridge — each pushing for stronger growth, sharper margins and greater shareholder value. In 2016, Elliott pressed the company to re-evaluate its cost structure, board…