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.
IT service provider Cognizant Technology Solutions plans to hire close to 12 000 fresh graduates this year. The company added 10 300 employees in the last quarter
Cognizant Technology Solutions has reported about a 24 per cent jump in net profit to $535 million for the year ended 2009, as compared to $430.8 million the previous year.
Driven by the need for recession-proof segments, IT firms in India are increasingly finding healthcare as one of the new growth sectors.
Mahindra Satyam is lifting the freeze on promotions even though they will be on a selective basis. This follows similar moves made by IT majors Cognizant Wipro
Cognizant opens techno-campus
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William D. Green
Chairman & CEO, Accenture