-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000903100-03-000287.txt : 20030827
<SEC-HEADER>0000903100-03-000287.hdr.sgml : 20030827
<ACCEPTANCE-DATETIME>20030827151200
ACCESSION NUMBER:		0000903100-03-000287
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030825
FILED AS OF DATE:		20030827

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COGNIZANT TECHNOLOGY SOLUTIONS CORP
		CENTRAL INDEX KEY:			0001058290
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				133728359
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		1700 BROADWAY
		STREET 2:		26TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2129986115

	MAIL ADDRESS:	
		STREET 1:		500 GLENPOINTE CENTRE WEST
		STREET 2:		26TH FL
		CITY:			TEANNECK
		STATE:			NJ
		ZIP:			07666

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NARAYANAN LAKSHMI
		CENTRAL INDEX KEY:			0001231716

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24429
		FILM NUMBER:		03868451

	BUSINESS ADDRESS:	
		STREET 1:		500 GLENPOINTE CENTRE W
		CITY:			TEANECK
		STATE:			NJ
		ZIP:			07666
		BUSINESS PHONE:		2018010233

	MAIL ADDRESS:	
		STREET 1:		500 GLENPOINTE CENTRE W
		CITY:			TEANECK
		STATE:			NJ
		ZIP:			07666
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_lakshmi82503ex.xml
<TEXT>
<XML>
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    <documentType>4</documentType>
   <periodOfReport>2003-08-25</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001058290</issuerCik>
        <issuerName>COGNIZANT TECHNOLOGY SOLUTIONS CORP</issuerName>
        <issuerTradingSymbol>CTSH</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001231716</rptOwnerCik>
            <rptOwnerName>NARAYANAN LAKSHMI</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>500 GLENPOINTE CENTRE W</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TEANECK</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07666</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>President and COO</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
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         <value>Class A Common Stock</value>
      </securityTitle>
      <transactionDate>
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      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>M</transactionCode>
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      <transactionAmounts>
         <transactionShares>
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         <transactionPricePerShare>
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         <transactionAcquiredDisposedCode>
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   <nonDerivativeTransaction>
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         <value>Class A Common Stock</value>
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      <transactionDate>
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         <transactionFormType>4</transactionFormType>
         <transactionCode>S</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
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      <transactionAmounts>
         <transactionShares>
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         </transactionShares>
         <transactionPricePerShare>
           <value>32.20</value>
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         <transactionAcquiredDisposedCode>
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      <securityTitle>
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      <transactionCoding>
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         <transactionPricePerShare>
           <value>32.30</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>0</value>
         </sharesOwnedFollowingTransaction>
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            <value>D</value>
         </directOrIndirectOwnership>
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   </nonDerivativeTransaction>
 </nonDerivativeTable>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Class A Common Stock Option (Right to Buy)</value>
            <footnoteId id="F1"/>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>0.6417</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-08-25</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>M</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>2000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>1998-07-25</value>
      </exerciseDate>
      <expirationDate>
         <value>2007-07-25</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Class A Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>2000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>921500</value>
            <footnoteId id="F2"/>
         </sharesOwnedFollowingTransaction>
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      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
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   </derivativeTransaction>
   <derivativeTransaction>
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            <footnoteId id="F1"/>
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      <conversionOrExercisePrice>
         <value>0.6417</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-08-26</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>M</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>13000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>1998-07-25</value>
      </exerciseDate>
      <expirationDate>
         <value>2007-07-25</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
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         </underlyingSecurityTitle>
         <underlyingSecurityShares>
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         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
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           <value>908500</value>
            <footnoteId id="F2"/>
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      <ownershipNature>
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           <value>D</value>
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   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Such options were granted on July 25, 1997 pursuant to the Company's Key Employees' Stock Option Plan. Such options vested as follows: 25% on the first anniversary of the date of grant and 25% on each subsequent anniversary date until fully vested. The options were 100% vested on July 25, 2001.</footnote>

      <footnote id="F2"> Includes multiple option grants with different exercise prices and vesting dates.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/ Steven Schwartz on behalf of Lakshmi Narayanan, by power of attorney</signatureName>
      <signatureDate>2003-08-27</signatureDate>
   </ownerSignature>
</ownershipDocument>

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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----