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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...- IBM stock falls 13.1% after Anthropic posts how Claude Code can be used to modernize COBOLIBM stock fell sharply after AI company Anthropic shared an update about its Claude Code system. The AI can help companies understand and u...
- BJP Minority Morcha leader criticises PM's remarks, expelled from partyUsman Ghani expelled from BJP for criticizing PM Modi in Rajasthan, predicting seat losses. Modi's wealth redistribution remarks to Muslims...
- Sachin Bansal’s Navi in slow lane; New Year spike for health, wellness D2C brandsSachin Bansal’s fintech venture Navi had big ambitions to digitally disrupt the financial services sector, but two of its flagship products...
- 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 September quarter profit rises 4% to $497 million, to cut nearly 12,000 jobsThe adjusted operating margin was 17.3 per cent, compared with 18.5 per cent in the year-ago quarter.
- Cognizant CEO sees growth market expanding 20-30% in the years aheadAs we scale up the digital business, the overall growth rate of Cognizant should accelerate.
- Cognizant slashes full-year growth outlook; Q1 net income tumbles 15%The company revised its full-year 2019 revenue growth outlook to 3.6-5.1 per cent in constant currency.
- Cognizant cuts top-end of full year guidanceFor the third-quarter, Cognizant reported revenue of $4.08 billion, up 8.3 per cent from a year ago.
- Cognizant to trim top deck to make room for juniorsCognizant clarified the number of job losses that were being targeted.“The number of senior job cuts will be under 200,” a Cognizant spokes...
- Cognizant revenue rises over 9%; reiterates FY guidanceFor the full year, Cognizant reiterated its revenue target of between $16.05 billion and $16.30 billion.
- Job cuts at Indian outsourcing firms aren't Donald Trump's fault. Read whyGlobal corporations, the paymasters of Indian software vendors, are no longer so keen to ante up for application development and maintenanc...
- After Cognizant, now TCS board to consider buyback on February 20Media reports have been buzzing for some time about a host of cash-rich IT companies considering buybacks to address shareholders concerns.
- Going forward, metals will be the problem sector: Harsha Upadhyaya, Kotak AMCGlobal and Indian demand need to be revived for steel stocks to do well.
- Can Cognizant write its success story with a robotic automation drive?Francisco D’Souza said by implementing IPA technologies, Cognizant is driving savings and transforming core processes to help companies bec...
- Cognizant to acquire US-based Trizetto for about $2.7 billion"With more than $3 bn in combined healthcare revenue, Cognizant and TriZetto will serve nearly 245K healthcare providers," a release said.
- TCS profit likely to surge 45% in third quarterAnalysts expect Mumbai-based IT major TCS to report over 3.5% sequential growth in sales despite a weak season due to holidays and furlough...
- Buy IT stocks: Manish SonthaliaIT could be the new defensive and there could be money moving into IT given the fact that it has underperformed some degree of under owners...
- Cognizant, EXLService in world's 'hot growth' cos listTwo US-listed Indian outsourcing firms - Cognizant Technology and EXLService - have made it to a list of the world’s 100 ‘hot growth’ compa...
- 2 desi BPOs in world's hot growth cos listCognizant Technology & EXLServices have made it to a list of the world's 100 "hot growth" cos.
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