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COGNIZANT IT SERVICES
‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...- TCS forms business unit to help MNCs set up GCCsTata Consultancy Services has launched a new business unit, Global Value & Innovation Centres, to assist enterprises in establishing and ma...
- Attractive valuations, improving earnings: Why fund managers are now raising their exposure to small-cap stocksMidcap stocks have dominated performance for a decade, but a shift towards small caps is emerging. Flexi-cap funds are increasing small-cap...
- Cognizant launches Ace Team Program to nurture new generation of AI talentCognizant has launched the Ace Team Program in India to cultivate engineering talent for client digital transformations and its AI goals. S...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
- Midcaps in a sweet spot? Why Nippon India’s Rupesh Patel sees a valuation correction despite new index peaksNippon India Mutual Fund's Rupesh Patel remains constructive on midcaps despite concerns over valuations, citing resilient earnings growth ...
- GCCs in India: The story so farIndia's global capability center landscape is booming, serving as a catalyst for technological and service-driven growth. While discussions...
- IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
- Microsoft's biggest India data centre on track to go live in mid-2026, executive saysMicrosoft is building its largest data center in India, scheduled for completion by mid-2026. This expansion is fueled by strong demand for...
- Cognizant boosts buyback target to $2 billion amid AI-led growth pushCognizant has raised its share buyback programme to $2 billion, signalling strong capital return plans and confidence in long-term growth. ...
- IT firm Mphasis sues Coforge in US court over alleged employee hiring, access to client dataSoftware firm Mphasis has filed a lawsuit against rival Coforge in a US court. Mphasis claims Coforge hired its former executives in violat...
- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- The growing pay gap: AI skills drive 60% higher salaries in techAI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This wideni...
- IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
- Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- Cognizant forecasts quarterly revenue below estimates on cautious IT spendingCognizant Technology has recently announced an unexpected decline in its quarterly revenue forecast, indicating that clients are exercising...
- Cognizant to buy Astreya for about $600 millionCognizant Technology is set to acquire Astreya for approximately $600 million. The deal, expected to conclude in the second quarter of 2026...
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