Cognizant Technology Solutions Corp
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Cognizant Reaches $95 Million Settlement With Shareholders: Here's Why
Cognizant Technology Solutions Corp has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India.
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Cognizant Withdraws 2020 Forecast On Coronavirus Uncertainty
Cognizant said reduced client demand, primarily in the travel and hospitality industries, also impacted its business.
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I-T Department Freezes Cognizant's Accounts Chennai, Mumbai Over Tax Irregularities
The Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT), according to a report on Tuesday.
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Accenture's Full-Year Profit Forecast Disappoints, Shares Fall
Accenture has invested heavily in its fast-growing businesses, such as digital and cloud services, amid stiff competition from Cognizant Technology Solutions Corp and IBM Corp.
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Cognizant Gives Weak Forecast As Clients Cut Spending
Cognizant Technology Solutions Corp forecast weaker-than-expected revenue for the current quarter as its healthcare and financial clients cut spending amid stiff competition.
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Cognizant Sees More Deals From Healthcare, Financial Clients
IT services provider Cognizant Technology Solutions Corp said it expects a pipeline of new projects from its healthcare and financial services clients to fuel growth for the remainder of the year, after a weak first quarter.
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Cognizant Posts Slowest Quarterly Revenue Growth In 14 Years
The company's net income rose to $441.2 million, or 72 cents per share, in the first quarter ended March 31, from $382.9 million or 62 cents per share, a year earlier.
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Sensex Trades Sharply Lower; IT Stocks Drag
The Sensex fell on Tuesday, dragged by IT stocks after a disappointing quarterly forecast from Cognizant Technology Solutions Corp, India's third-biggest software company, while fears of a global slowdown led investors to dump risky assets.
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Cognizant Forecasts Slowest Revenue Growth in 14 Years
IT services provider Cognizant Technology Solutions Corp forecast its slowest revenue growth in 14 years for the current quarter, as clients worldwide rein in IT spending.
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Cognizant Raises Revenue Forecast for Third Time This Year
IT services provider Cognizant Technology Solutions Corp reported a 23.5 per cent rise in quarterly revenue, helped by strong growth in its businesses that serve the healthcare and financial sectors in North America.
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Cognizant Boosts Forecast Again After Healthy Quarter
IT services provider Cognizant Technology Solutions Corp reported stronger-than-expected quarterly revenue and profit, as its business that serves the healthcare industry led the company's growth for the third quarter in a row.
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Tech Mahindra to Set Up Healthcare Unit with $79 Million Outsourcing Deal
IT firm Tech Mahindra Ltd is setting up a new unit to sharpen its focus on winning contracts in the healthcare industry, one of the fast-growing segments for the outsourcing services providers, a senior executive said on Wednesday.
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Healthcare Business Helps Cognizant Beat Revenue Estimates
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.
-
Sensex Jumps Over 100 Points; IT Stocks Lead
The broader Nifty also advanced in the morning trades owing to buying in IT heavyweights like TCS, Infosys, Wipro and HCL Technologies.
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Cognizant Guidance Boosts IT Stocks; Tech Mahindra Leads
Cognizant Technology Solutions Corp's robust revenue growth forecast for 2015 boosted sentiments in domestic outsourcers on Thursday; the IT sub-index on the Bombay Stock Exchange jumped 1 per cent in a flat market.
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Cognizant Reaches $95 Million Settlement With Shareholders: Here's Why
Cognizant Technology Solutions Corp has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India.
-
Cognizant Withdraws 2020 Forecast On Coronavirus Uncertainty
Cognizant said reduced client demand, primarily in the travel and hospitality industries, also impacted its business.
-
I-T Department Freezes Cognizant's Accounts Chennai, Mumbai Over Tax Irregularities
The Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT), according to a report on Tuesday.
-
Accenture's Full-Year Profit Forecast Disappoints, Shares Fall
Accenture has invested heavily in its fast-growing businesses, such as digital and cloud services, amid stiff competition from Cognizant Technology Solutions Corp and IBM Corp.
-
Cognizant Gives Weak Forecast As Clients Cut Spending
Cognizant Technology Solutions Corp forecast weaker-than-expected revenue for the current quarter as its healthcare and financial clients cut spending amid stiff competition.
-
Cognizant Sees More Deals From Healthcare, Financial Clients
IT services provider Cognizant Technology Solutions Corp said it expects a pipeline of new projects from its healthcare and financial services clients to fuel growth for the remainder of the year, after a weak first quarter.
-
Cognizant Posts Slowest Quarterly Revenue Growth In 14 Years
The company's net income rose to $441.2 million, or 72 cents per share, in the first quarter ended March 31, from $382.9 million or 62 cents per share, a year earlier.
-
Sensex Trades Sharply Lower; IT Stocks Drag
The Sensex fell on Tuesday, dragged by IT stocks after a disappointing quarterly forecast from Cognizant Technology Solutions Corp, India's third-biggest software company, while fears of a global slowdown led investors to dump risky assets.
-
Cognizant Forecasts Slowest Revenue Growth in 14 Years
IT services provider Cognizant Technology Solutions Corp forecast its slowest revenue growth in 14 years for the current quarter, as clients worldwide rein in IT spending.
-
Cognizant Raises Revenue Forecast for Third Time This Year
IT services provider Cognizant Technology Solutions Corp reported a 23.5 per cent rise in quarterly revenue, helped by strong growth in its businesses that serve the healthcare and financial sectors in North America.
-
Cognizant Boosts Forecast Again After Healthy Quarter
IT services provider Cognizant Technology Solutions Corp reported stronger-than-expected quarterly revenue and profit, as its business that serves the healthcare industry led the company's growth for the third quarter in a row.
-
Tech Mahindra to Set Up Healthcare Unit with $79 Million Outsourcing Deal
IT firm Tech Mahindra Ltd is setting up a new unit to sharpen its focus on winning contracts in the healthcare industry, one of the fast-growing segments for the outsourcing services providers, a senior executive said on Wednesday.
-
Healthcare Business Helps Cognizant Beat Revenue Estimates
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.
-
Sensex Jumps Over 100 Points; IT Stocks Lead
The broader Nifty also advanced in the morning trades owing to buying in IT heavyweights like TCS, Infosys, Wipro and HCL Technologies.
-
Cognizant Guidance Boosts IT Stocks; Tech Mahindra Leads
Cognizant Technology Solutions Corp's robust revenue growth forecast for 2015 boosted sentiments in domestic outsourcers on Thursday; the IT sub-index on the Bombay Stock Exchange jumped 1 per cent in a flat market.
