Company Directory - Cyient
Company Details - Cyient
Cyient
Cyient is an IT and engineering firm that offers innovative solutions in engineering, technology, manufacturing, and digital transformation across various sectors including aerospace, automotive, and healthcare.
CCI Score
CCI Score: Cyient
-6.37
6.94%
Latest Event
Cyient Launches CSR Programme to Empower Entrepreneurship
Cyient Foundation, in partnership with ICT Academy, has launched a 12‐month entrepreneurship development programme aimed at empowering 2,000 students across engineering, arts, and science institutions in Telangana and Andhra Pradesh through awareness sessions, intensive training, and mentorship.
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COLLABORATOR
Cyient is currently rated as a Collaborator.
Latest Events
- JUN192025
Cyient Foundation, in partnership with ICT Academy, has launched a 12‐month entrepreneurship development programme aimed at empowering 2,000 students across engineering, arts, and science institutions in Telangana and Andhra Pradesh through awareness sessions, intensive training, and mentorship.
- MAR192024
Cyient emerged as the largest donor among three IT companies donating through the now scrapped electoral bonds scheme, contributing Rs 10 crore. The specific political parties receiving the funds were not disclosed.
-60
Political Contributions and Lobbying Efforts
June 19
Cyient's donation of Rs 10 crore via the opaque electoral bonds scheme highlights a lack of transparency in political contributions. Such practices have been widely criticized for facilitating unaccountable financial influence in politics, a risk factor that can indirectly support authoritarian tendencies.
- MAR192024
Cyient was reported as the top contributor among three IT companies by donating Rs 10 crore via electoral bonds, a controversial vehicle for political funding criticized for its lack of transparency and potential to foster opaque corporate influence in politics.
-80
Political Contributions and Lobbying Efforts
June 19
Cyient's Rs 10 crore donation via electoral bonds raises concerns due to the opaque nature of these instruments. Electoral bonds are widely criticized for facilitating undisclosed corporate influence on politics, potentially contributing to processes that undermine democratic accountability and favor authoritarian interests. This political contribution is viewed negatively from an anti-fascist perspective.
Electoral Bonds: Infosys, Cyient, Zensar Technologies Named In Donor Roll
- DEC312023
According to a Times of India report, Cyient, a Hyderabad‐based engineering services firm, contributed Rs 10 crore through electoral bonds last year, making it the largest donor among IT companies. The use of electoral bonds obscures donor identities and raises concerns about transparency and the potential for quid pro quo political influence.
-50
Political Contributions and Lobbying Efforts
June 19
Cyient's donation via electoral bonds contributes to opaque political funding practices, undermining transparency and potentially facilitating undue political influence. This practice, even if the donation is modest relative to some large-scale contributions, aligns with concerns about corporate complicity in fostering an environment where political quid pro quo prevails.
- NOV072023
Cyient emerged as the largest donor among IT and engineering companies, donating a total of ₹10 crore in two tranches on November 7 and November 14, 2023 through the electoral bonds scheme, though the recipients remain unidentified.
-75
Political Contributions and Lobbying Efforts
June 19
Cyient's significant donation via electoral bonds, a mechanism that provides little transparency about recipient political parties, raises concerns about corporate influence on political funding. Such opaque contributions can facilitate political dynamics that may undercut democratic accountability and potentially support authoritarian tendencies.
Electoral Bonds: IT majors such as Infosys, Cyient and Zensar on list of donors
- NOV072023
Cyient donated ₹10 crore via electoral bonds in two tranches on November 7 and November 14, 2023, emerging as the largest donor among its peers. The donation raises concerns over the opacity of electoral bonds and potential undue corporate influence in political processes.
-70
Political Contributions and Lobbying Efforts
June 19
Cyient's use of electoral bonds—a mechanism known for its lack of transparency—raises red flags regarding corporate political influence. The opaque nature of such donations can potentially facilitate support for authoritarian interests, thereby undermining democratic accountability and transparency in political contributions.
- NOV012023
Cyient made a donation of ₹10 Crore through electoral bonds in two installments during November 2023, with the recipients remaining undisclosed. The use of electoral bonds, which obscure donor identities and recipient details, raises concerns over the transparency and potential influence on political processes.
-50
Political Contributions and Lobbying Efforts
June 19
Cyient's substantial donation of ₹10 Crore via electoral bonds contributes to a lack of transparency in political funding. By opting for an opaque funding mechanism, the company potentially aids in influencing political landscapes while evading public scrutiny, posing risks of fostering authoritarian practices.
IT Giants Donate to Political Parties via Electoral Bonds - IndiaInfoline
- OCT062023
Cyient has released its Business Responsibility and Sustainability Report for the financial year 2022-23. The report details the company’s strong commitments in corporate governance, ethical business practices, employee welfare, human rights policies, and environmental management. It outlines effective grievance redressal mechanisms, adherence to sustainability standards, and initiatives for inclusive growth, all of which affirm a progressive and responsible corporate stance.
+70
Business Practices and Ethical Responsibility
June 19
The report demonstrates a robust commitment to ethical business practices, sustainability, and accountability. Cyient’s detailed disclosures on corporate governance, sustainable supply chain management, and CSR initiatives reflect a strong adherence to progressive business practices that resist authoritarian or exploitative tendencies.
+65
Labor Relations and Human Rights Practices
June 19
The report includes comprehensive measures on labor relations and human rights practices. It details effective grievance redressal procedures, policies on non-discrimination and equal opportunities, and initiatives to ensure the well-being of employees, thereby supporting an inclusive and anti-authoritarian workplace environment.
- APR282023
A federal court dismissed the US Department of Justice case against a Cyient executive accused of orchestrating a 'no-poach' agreement alleged to suppress competition and wage growth. In a public statement, Cyient affirmed its adherence to a Values FIRST framework, emphasizing ethical business practices. However, a related civil class action lawsuit naming Cyient as a co-defendant continues.
+20
Labor Relations and Human Rights Practices
June 19
The dismissal of the DOJ case suggests that the evidence for enforced no‑poach practices—which, if true, would undermine worker mobility and fair wage competition—was insufficient. Cyient's public emphasis on rigorous ethical standards and its Values FIRST framework is seen in a positive light from an anti‑authoritarian perspective. However, the fact that a related civil lawsuit continues warrants continued scrutiny.
- APR282023
Cyient announced that a case brought by the US Department of Justice alleging a 'no-poach' agreement against one of its executives was dismissed mid-trial on April 28, 2023. While a related civil class action lawsuit naming Cyient as a co-defendant continues, the company maintains that its business practices adhere strictly to its ethical Values FIRST framework.
+10
Labor Relations and Human Rights Practices
June 19
The dismissal of the DOJ case suggests that the alleged no-poach practices did not result in proven unlawful labor practices, allowing the company to affirm its stated commitment to ethical labor relations. However, the existence of an ongoing civil lawsuit serves as a reminder of underlying concerns around potential restrictive hiring practices. Overall, the outcome provides a modest positive indicator from an anti-fascist and pro-worker perspective.
- JAN012023
Cyient’s Sustainability Report 2023 details its extensive commitment to ethical business practices, environmental stewardship, robust corporate governance, and strong labor and human rights policies. The report highlights initiatives such as anti-corruption measures, supplier sustainability standards, diversity and inclusion programs, and progressive employee wellness practices, collectively demonstrating the company’s proactive and responsible approach.
+75
Business Practices and Ethical Responsibility
June 19
The report emphasizes Cyient's commitment to ethical business practices and accountability, including comprehensive sustainability, anti-corruption policies, adherence to high governance standards, and proactive labor and human rights practices. These actions contribute positively to the fight against authoritarian practices and signal a strong adherence to progressive corporate ethics.
- JAN012020
Cyient released its anti-slavery and human trafficking statement for the financial year 2020, detailing rigorous measures in labor practices and enforcing a strict vendor code of conduct to ensure ethical supply chain practices.
+80
Labor Relations and Human Rights Practices
June 19
Cyient's statement outlines comprehensive measures to safeguard against modern slavery and human trafficking, including regular site visits, whistleblowing mechanisms, and adherence to high ethical labor standards. This proactive approach supports worker rights and aligns with anti-fascist values by protecting vulnerable workers.
+80
Supply Chain Ethics
June 19
The statement emphasizes that Cyient works exclusively with suppliers who adhere to a stringent Vendor Business Code of Conduct, ensuring that forced labor and other unethical practices are eliminated from its supply chain. This reinforces the company's commitment to ethical sourcing and anti-slavery measures.
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Industries
- 541330
- Engineering Services
- 541511
- Custom Computer Programming Services
- 541512
- Computer Systems Design Services
- 541618
- Other Management Consulting Services