IT stocks came under selling pressure on Tuesday, falling by up to 5 per cent, after Cognizant gave a lower revenue guidance for 2016.
Shares of Tech Mahindra fell by
Cognizant has posted its best-ever sequential revenue growth in the second quarter of this year. R Chandrasekaran, executive vice chairman of Cognizant India, shared the company’s strategies.
TCS, Cognizant and Infosys have emerged as the top employers in the IT-BPO sector, according to a list of 20 leading companies released by industry body Nasscom.
IT service provider Cognizant Technology Solutions Corp reported a 20 per cent rise in quarterly revenue, helped by higher spending by healthcare and financial services clients in North America.
IT services major Cognizant today said it has secured a 7-year contract from Danish firm ISS to provide Finance & Accounting (F&A) business process services in the Nordic region.
IT services major Cognizant today posted a 22. 8 per cent jump in net profit to $348
IT services firm Cognizant Technology Solutions Corp reported higher quarterly revenue, helped by a 22 per cent rise in revenue from its financial services business.
Cognizant's net income rose to
IT services major Cognizant, which expects to earn $500 million this year from social, mobility, cloud and analytics (SMAC) technologies, said the growth in this area has been better than
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William D. Green
Chairman & CEO, Accenture