SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                         -------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                         SECURITIES EXCHANGE ACT OF 1934


        Date of report (Date of earliest event reported) October 29, 2002
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                   Cognizant Technology Solutions Corporation
         ---------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


         Delaware                        0-24429               13-3728359
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(State or Other Jurisdiction  (Commission File Number)        (IRS Employer
     of Incorporation)                                      Identification No.)


500 Glenpointe Centre West
Teaneck, New Jersey                                                    07666
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(Address of Principal Executive Offices)                             (Zip Code)


                                 (201) 801-0233
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                         (Registrant's telephone number,
                              including area code)



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          (Former Name or Former Address, if Changed Since Last Report)





ITEM 5.  OTHER EVENTS.

     On October 29, 2002, Cognizant  Technology  Solutions  Corporation issued a
press  release  announcing  the  transfer  of  Silverline  Technologies,  Inc.'s
American Express financial  services practice to Cognizant.  A copy of the press
release  is filed  herewith  as  Exhibit  99.1  and is  incorporated  herein  by
reference.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

     (c) Exhibits.

     Exhibit No.                           Description of Exhibit
     -----------                           ----------------------

        99.1                               Press release dated October 29, 2002.




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                                   SIGNATURES
                                   ----------

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.


                                         COGNIZANT TECHNOLOGY
                                         SOLUTIONS CORPORATION


                                         By: /s/ Wijeyaraj Mahadeva
                                            ------------------------------------
                                            Name:   Wijeyaraj Mahadeva
                                            Title:  Chairman of the Board and
                                                    Chief Executive Officer

Date: October 29, 2002














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