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Cognizant Q1 Net up 16.6%, maintains yearly revenue outlook

Last Updated: Wednesday, May 08, 2013, 18:40

IT services firm Cognizant Wednesday posted 16.6 percent rise in consolidated net profit at USD 284.2 million for January-March 2013 quarter and maintained its outlook of 17 percent revenue growth this calendar year.

L&T approaches Govt to surrender SEZ; 16 cos seek more time

Last Updated: Thursday, March 07, 2013, 14:36

Besides, four developers, including L&T Chennai Projects and Welspun Anjar, have approached the Commerce Ministry to surrender their IT and textile zones respectively.

Cognizant expects to maintain revenues in US, Europe

Last Updated: Wednesday, August 08, 2012, 21:11

Of total revenues earned by the company, the US contributed 78 percent while Europe contributed 18 percent.

Cognizant outshines Infosys to become No 2 IT firm in India

Last Updated: Monday, August 06, 2012, 17:55

The revenue of Infosys for the same period was USD 1.75 billion (about Rs 9,716 crore).

Cognizant revenue misses forecast, outlook better than Wipro

Last Updated: Thursday, February 09, 2012, 10:25

Cognizant Technology Solutions Corp forecast first-quarter sales below estimates, and said it does not expect Europe to rebound in 2012, but sees flat to marginally higher IT budgets in the United States.