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CIGNITI TECHNOLOGIES
Tech services demand is changing, not weakening: Coforge CEOCoforge CEO Sudhir Singh asserts that demand for technology services is evolving, not declining, driven by new value pools. He emphasizes t...
Coforge closes acquisition of Cigniti after NCLT clearanceCoforge has completed the acquisition of Hyderabad-based Cigniti Technologies after receiving shareholder approval and clearance from the N...
Cigniti Technologies shares in focus after Morgan Stanley buys stake worth Rs 26 crore via block dealMorgan Stanley acquired a stake in Cigniti Technologies through a block deal worth Rs 26 crore, purchasing shares at a 9.5% discount. Cigni...
Cigniti Tech shares slide 7% as Coforge board approves amalgamation mergerCoforge notified shareholders via a stock exchange announcement that its board had approved the merger during a meeting on Friday. As part ...
Coforge, Cigniti announce merger pactThe two companies have appointed EY and Axis Capital to prepare merger terms which they intend to propose to their respective shareholders ...
Coforge, Cigniti forge ahead with proposed mergerCoforge and Cigniti Technologies are progressing towards a merger, with EY and Axis Capital preparing terms for shareholder approval. Cofor...
Coforge-Cigniti merger; Oyo acquires G6 HospitalityHappy Tuesday! Coforge and Cigniti Technologies move closer to a merger. This and more in today’s ETtech Morning Dispatch.
Coforge acquires 17% stake in Cigniti Technologies for Rs 645 croreA total of 46.18 lakh shares of Cigniti were sold by Kukunuru Madhava Lakshmi, Kukunuru Kumar Bapuji, Sapna and Chakkilam at the same price...
CCI approves IT services firm Coforge’s stake purchase in CignitiThe Competition Commission of India (CCI) gave its stamp of approval on Tuesday for IT services firm Coforge to acquire a controlling stake...
Coforge launches QIP to fund acquisitionThe company in a filing with BSE said that the floor price for the issue is at ₹4,531.40 per equity share. In a recent interaction with ET,...
Coforge to acquire 54% stake in Cigniti Technologies at Rs 1,415 per shareThe acquisition process is expected to get completed by Q2FY25.
ETMarkets Management Talk: No significant pressure on pricing or demand: Cigniti CEO Srikanth ChakkilamWhen we started this financial year, we started with a change in our go-to-the-market strategy with a sharper focus on being a digital tran...
Merrill Lynch Fund offloads HDFC Bank shares for Rs 51 crBlackRock Global Funds India Fund picked up the same amount of shares at the same price.
Cigniti Technologies will grow organically at high teens, says CEO Srikanth Chakkilam"Being optimistic and finding new opportunities amidst the most difficult times is a lesson learnt during the pandemic. Putting this into p...
Cigniti Tech jumps 3% as IT firm bags over $10 mn contract from US firmCigniti Technologies CEO Srikanth Chakkilam was quoted in reports as saying that the deal is an outcome of deep-rooted expertise encompassi...
US DOL says Cigniti violated H-1B guidelinesIn a statement, the DoL said Cigniti Technologies in Irving hired a system analyst under the H-1B visa programme, then failed to use and pa...
Cigniti Technologies Q1 results: Net profit drops by 30% to Rs 20 CrThe consolidated revenue of Cigniti Technologies increased by 21 per cent to Rs 264.36 crore during the reported quarter from Rs 218.4 cror...
Cigniti Tech Q1 results: Net profit remains flat at Rs 29 crThe consolidated revenue of Cigniti Technologies declined by about 6 per cent at Rs 218.40 crore during the reported quarter compared to Rs...
Cigniti appoints Phaneesh Murthy and two others as Independent Directors on its BoardC V Subramanyam, Managing Director of Cigniti Technologies, said “This is a very significant development towards strengthening brand Cignit...
Phaneesh Murthy joins Cigniti Technologies boardPhaneesh Murthy, who spearheaded the growth story of companies like Infosys and iGATE, has joined the board of Cigniti Technologies Inc as ...