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COGNIZANT PROFIT
Indian IT is a trade, not an investment, and the market just got the memo: Sandip SabharwalAccenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments du...- L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
- US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
- US stocks: US market advances as Iran deal optimism offsets hawkish Fed; Intel soarsWall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle...
- AI adoption gains momentum, returns emerge but infra lags: Industry executivesIndian businesses are increasingly embedding AI, transforming operations and yielding measurable returns. However, legacy infrastructure, s...
- 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...
- 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 ...
- 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...
- 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...
- Market remains stock-specific as earnings divergence widens across sectors: Dharmesh KantMarket expert Dharmesh Kant highlighted strong numbers for Bajaj Finance, though macro headwinds may impact near-term performance. He expre...
- 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...
- Cognizant profit dips 2.1% on year, revenue up 6.8%Nasdaq-listed IT company Cognizant raised its annual guidance projected in the range $20.3-20.8 billion, rising 3.5% to 6.0% YoY in constan...
- Cognizant Q2 profit up 22%, revenue flat; Full year guidance upCognizant Technology Solutions saw a 22.2% rise in net profit for Q2 2024, reaching $566 million. Revenue was $4.85 billion, falling slight...
- Cognizant Q2 profit up 22% at $566 million, revenue flatChief financial officer Jatin Dalal said the sequential revenue growth of 2.1% in constant currency, driven by Financial Services and Healt...
- Cognizant Q4 results: revenue dips 1.7%, profit rises to $558 millionFor the full year 2023, the global IT major Cognizant posted a 0.4% YoY decline in revenue to $19.4 billion. In constant currency terms, it...
- Cognizant Q4 net profit down 9.6% YoY, beats annual guidance for FY22Cognizant's revenue saw an uptick, rising 1.3% on year to $4.84 billion for the three-month period. It was slightly above street estimates ...
- Cognizant Q4 net profit down 9.6% YoY, beats annual guidance for FY22The company's revenue, however, saw an uptick, rising 1.3% on year to $4.84 billion for the three-month period. It was slightly above stree...
- Cognizant posts 38% jump in Q1 net income, guides for 7-9% revenue growth in 2021Revenue growth in constant currency terms stood at 2.4 per cent.
- Cognizant forecasts at least 17% revenue growth for 2013Cognizant's net income rose 16% to $278.8 mn, or 92 cents per share, in the fourth quarter, from $240.1 mn, or 78 cents per share, a year e...
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