Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: articles on VAT and GST in India :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: empanelment
 
 
General »
 How tax related, PAN grievances can be resolved through E-Nivaran
 Tackling income tax exemptions for equities and agriculture
 Amfi wants tax benefits for retirement plans
 Top five factors which could chart market direction in the coming week
 Tax rate hikes boost shadow economy
 Tax mop-up may decline in new amnesty scheme
 Weeks before Budget, Finance Minister Arun Jaitley lists out benefit of low tax rates
 Second home loan tax benefits
 Alarm bells over return of tax inspector raj
 Shah gets notices over civic tax dues
 Tax revenue down in first six months after prohibition

Cognizant, Ernst & Young set up units in Infopark
May, 10th 2011

IT services company Cognizant Technology Solutions and global consulting firm Ernst & Young Global Shared Services have taken up space in Athulya, the recently opened IT block at Infopark Kochi campus. For E&Y, this would be its second centre in Kerala, with the first located at Thiruvananthapuram-based Technopark.

The agreement to this effect was signed with both companies in the presence of chief minister of Kerala, VS Achuthanandan. Binu Pazhoor signed the agreement on behalf of Infoparks Kerala while E&Y Global Shared Services was represented by their Kerala leader, Binu Koshy and Cognizant was represented by its vice president Vishnu Potty.

Chief minister Achutha-nandan said the recent investments by TCS, Infosys, Oracle, HCL, Cognizant and Ernst & Young in Kerala are a testimony to the fact that Kerala is now positioned as a hot IT destination.

The state has been rightfully included in the global IT map as well. With the space taken by Cognizant and E&Y, the Inforparks latest state-of-the-art building Athulya which was inaugurated in 2010, has been fully allotted.

Cognizant is signing up for approximately 100,000 sft and E&Y is taking up about 25,000 sft space, according to a press release. Athulya is also home to several startups too. Both the companies are seeing Kochi as a strategic location for their future operations.

"We have over 1,100 associates working from our existing facility in Kochi. The additional space at Infopark, when fully occupied, can accommodate 1,100 associates," said  Vishnu Potty, vice president, Cognizant.

Tim Eddy, global vice chairman, E&Y Global Services, said the expansion is aligned to Ernst & Youngs strategy. "The new space substantially increases the size of our facilities, allowing us to respond to growing demands for our shared services from our customers worldwide," he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions