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COGNIZANT INDIA RESULTS
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...- Defence, power and import substitution are emerging as long-term winners: Prateek AgarwalIndian corporate earnings are meeting expectations, but market sentiment is subdued due to broader economic concerns, not company performan...
- Signed away maintenance agreement? HC says wife can still claim more; here’s whyA wife can still seek more maintenance money even after signing a waiver agreement for a lump-sum payment. The Punjab and Haryana High Cour...
- 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 ...
- 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...
- Cognizant to focus on large deals, employee retention to trigger growth: India MDThe New Jersey-headquartered firm will be more employee centric, strengthen on winning larger deals and better operational metrics in order...
- Cognizant net profit jumps 12.7%, firm lowers annual revenue guidanceIT major records 9.5% revenue growth in constant currency.
- Digital’s share in revenue to go up to 55-60%: CognizantFirm plans to hire 50,000 freshers this year
- Cognizant to hire 100,000 people from rivals to offset attrition painsCognizant is looking to offer jobs about 100,000 experienced professionals in 2021 and train close to 100,000 associates, in order to offse...
- Cognizant India’s profit dipped 11%, revenue rose 2% in 2019-20: Tofler dataCognizant India Results: Net profit fell 11% year-on-year to Rs 5,455 crore in 2019-20 on the back of revenue that rose 2% over the year ag...
- Cognizant names Ramakumar Ramamoorthy as Chairman and MD of India unitThe IT services firm has over 200,000 employees in India; Ramamoorthy has worked at Cognizant for over 21 years.
- Cognizant cuts guidance, takes a $28 million hit on bribery issueIn its 2017 annual report, Cognizant said it had identified about $6 million in bribes paid from 2009 to 2016.
- Where the clashing clauses lie in the Cognizant-taxman disputeA CA with a popular consulting firm said: "This is an additional tax slapped on a company that purchases its own shares from its foreign sh...
- 400 executives accept Cognizant's voluntary separation packageCognizant has a significant chunk of its total 2.56L workforce in India and it is estimated that of the 400 people, a large number could be...
- US law firm files class action lawsuit against CognizantCognizant, which had a headcount of over 2.44 lakh at the end of June, has a majority of these employees based in India.
- Cognizant faces two more class action lawsuits in USUS law firms Holzer & Holzer, LLC and Glancy Prongay & Murray have filed the cases against Cognizant on behalf of investors.
- Cognizant slashes FY revenue forecast for second consecutive quarter, despite strong Q2 sales growthCognizant is now predicting revenues in the range of $13.47 billion to $13.60 billion, implying growth of only about 8.5%-9.5% -- well belo...
- Cognizant posts strong Q1; marginally raises FY guidanceCognizant turned in a solid quarterly performance that came in ahead of expectations and marginally raised its annual guidance to 19.3%.
- Cognizant's September-quarter sales may beat street estimates, raise guidanceCognizant is expected to beat its sales estimates & raise its full-year growth forecast when it announces results on Tuesday.
- Cognizant emerges new leader, serious challenger to IBM, AccentureDuring Sept quarter, incremental revenues, at $116 mn, were the highest for Cognizant. Top exporter TCS only managed $113 mn and Wipro adde...
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