Cognizant Technology Solutions has committed $40 million (₹260 crore) for relief and rehabilitation of residents, its employees and business partners in Chennai hit by floods. This is the highest commitment so far by a company for flood relief.
The US-based company is one of Chennai’s largest employers with over 60,000 staff and 11 facilities. A sum of $10 million (₹65 crore) has been earmarked for the Tamil Nadu Chief Minister’s Public Relief Fund and NGOs.
Gordon Coburn, President, Cognizant, said: “Corporate support must play a vital role in immediate relief and helping to rebuild Chennai. We are committed to helping with the challenge of rebuilding the city and addressing the health, safety and housing needs of the r