IT services provider Cognizant Technology Solutions Corp posted a 43 percent jump in quarterly profit helped by strong demand, and forecast a strong 2011.
Fourth-quarter net profit rose to $206
US-based IT and consulting firm Cognizant, which has a significant presence in India, today crossed the one-lakh employee mark, entering the league of technology giants like TCS, Infosys and IBM.
It’s a question that many an analyst, mediaperson and industry executive have pondered over since long. With the Big 3 — TCS, Infosys and Wipro — sitting pretty in their eyries, is there scope for any other Indian IT firm to perch beside them? Well, Cognizant Technology Solutions (CTS) has finally answered the question.
With Cognizant Technology Solutions breaking into the big IT league with $1 billion quarterly revenue, Francisco D’Souza, its president and CEO, in his first interview after breaching the mark, puts
IT consulting and back office services provider Cognizant Technologies today said it has expanded the capacity of its recently opened delivery centre in Manila to address the growing demand from
Global information technology firm Cognizant Technology today reported its highest-ever growth in net profit by 22 per cent to USD 172.2 million for the second quarter ended June 30,
Nasdaq-listed IT services firm Cognizant today said it has acquired UK-based consulting firm PIPC Group, but did not disclose the terms of the transaction.
Cognizant, which is focusing on strengthening
Cognizant Technology Solutions has reported a net profit of Rs 676 crore ($151.50 million) for the first quarter-ended March 31, up 34 per cent compared with Rs 504 crore ($113.10 million) for the corresponding period previous year.
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William D. Green
Chairman & CEO, Accenture