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After TCS, Cognizant gets Andhra land for 99 paise per acre

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Just a couple of month after selling 21 acres of land to India’s biggest software maker, Tata Consultancy Services (TCS), for 99 paise each, the Chandrababu Naidu government in Andhra Pradesh has struck a similar deal with Cognizant, which is headquartered in Teaneck, New Jersey.
Cognizant has promised an investment of ₹1,582 crore over the next eight years in setting up an IT campus with 8,000 jobs in the coastal city of Vishakapatnam, about 600 kilometres from Hyderabad, and 800 kilometres from Chennai, the two of India’s biggest software hubs,…

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