Thursday February 27, 2014
The country's second-largest software services company, which has trailed peers TCS and Cognizant on growth, is also looking at weeding out non-performers to improve efficiency.
Thursday February 6, 2014
Outlook remained cautious as part of an emerging market shakeout driven by the Federal Reserve's gradual scaledown of monetary stimulus and fears of a slowdown in China.
Thursday February 6, 2014
Analysts were expecting Cognizant to grow revenue by 17-20 per cent in 2014, Reuters reported. Cognizant, which fell as much as 7 per cent in morning trading on Wednesday, ended 4.3 per cent lower to $92.85.
Wednesday February 5, 2014
Cognizant, which puts out an annual sales outlook, said it expects revenues of at least $10.3 billion in 2014, indicating a 16.5 per cent year-on-year growth. That would be sharply lower than its 2013 growth rate of 20.4 per cent.
Tuesday January 7, 2014
TCS and Wipro are expected to lead in terms of dollar revenue growth, while Infosys may lag, Nomura said. Cognizant, HCL Technologies and Tech Mahindra are likely to witness a decent quarter.
Sunday December 29, 2013
North America may account for the lion's share of India's IT exports but growing demand for outsourcing services from Europe is expected to drive the $108-billion IT sector in 2014, according to industry body Nasscom.
Saturday December 7, 2013
While Mr Mehta earlier served as the firm's Group chief executive (Industries and Markets), Mr Chandrasekaran was the company's group chief executive (Technology and Operations).
Tuesday December 3, 2013
These are full-time jobs for high-skilled technology and business professionals, Gordon Coburn, president of Cognizant said at an event in College Station, Texas.
Monday December 2, 2013
As many as 11 people, including members from the influential Nilekani, Bajaj and Godrej families, were honoured by Forbes India for their outstanding contribution towards philanthropy.
Tuesday November 19, 2013
Mindtree has announced that Ramesh Pillai will join the company as Senior Vice President and Global Head of Hi-Tech vertical.
Namrata Brar | Sunday November 10, 2013
Campus hiring just got a boost. India's second biggest IT company tells NDTV that all 2013 graduates will be on board by the end of December.
Namrata Brar | Wednesday November 6, 2013
Technology giant Cognizant told NDTV that Infosys's record visa settlement will not affect the Indian IT offshoring model.
Tuesday November 5, 2013
Cognizant Technology Solutions Corp reported a 15 per cent rise in quarterly profit as businesses, especially financial firms, spent more on IT and consulting services.
Thursday October 3, 2013
IT services provider Cognizant has said that it will acquire ValueSource NV, a subsidiary of Belgium-based integrated bank insurance group KBC, as part of its five-year contract with the group.
Wednesday August 7, 2013
As part of the engagement, Cognizant will develop a comprehensive billing and revenue management solution based on SAP Utilities enterprise software to meet the functional, technical and operational requirements of SEC, it added.
Tuesday August 6, 2013
Cognizant Technology Solutions Corp reported better-than-expected quarterly results as revenue from Europe excluding the UK jumped 54 per cent, and the IT services provider raised its forecast for the year.
Friday June 28, 2013
Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates.
Friday June 14, 2013
Infosys shares gain after salary hike announcement
Friday June 7, 2013
New Jersey-based Cognizant Technology Solutions has been ranked at 12th place on a Forbes list of America's 25 fastest growing tech companies.
Wednesday June 5, 2013
The agreement encompasses identifying, defining, designing, building and integration of next generation IT solutions for Network Rail, TCS said in a statement.