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Cognizant wins 7-yr contract from Danish firm

Last Updated: Thursday, June 26, 2014, 16:02

Cognizant is a US-based IT services provider and has a big presence in India.

Cognizant warns of slow growth in US healthcare business

Last Updated: Wednesday, May 07, 2014, 21:20

Cognizant`s shares fell as much as 7 percent, after the company also forecast current-quarter revenue below analysts` estimates.

Cognizant profit rises 23%; forecasts Q2 revenue at $2.5 bn

Last Updated: Wednesday, May 07, 2014, 17:29

IT services major Cognizant Wednesday posted a 22.8 percent jump in net profit to USD 348.9 million in the January-March quarter, driven by strong momentum in the European region and broad-based growth across businesses.

Cognizant acquires US-based digital video solutions firm

Last Updated: Tuesday, April 22, 2014, 23:12

The deal, which sources suggest is a multi-million dollar tuck-in acquisition, will strengthen New Jersey-based Cognizant's media and entertainment services business.

R Chandrasekaran takes over as Nasscom Chairman

Last Updated: Wednesday, April 09, 2014, 19:11

Software industry body Nasscom on Wednesday appointed Cognizant India Executive Vice Chairman R Chandrasekaran as its Chairman for the year 2014-15.

IT shares fall on Cognizant revenue outlook

Last Updated: Thursday, February 06, 2014, 11:02

Shares of IT companies fall after global rival Cognizant Technology Solutions Corp forecast 2014 revenue below analysts` expectations on Wednesday, raising concerns about the sector`s growth prospects, dealers say.

Cognizant Q4 Net up 16.3% at $324.3 million

Last Updated: Wednesday, February 05, 2014, 19:43

US-based IT services major Cognizant Wednesday reported a 16.3 percent rise in net profit at USD 324.3 million for the fourth quarter ended December 31, helped by broad-based growth across industries and geographies.

Cognizant opens new delivery centre in Costa Rica

Last Updated: Friday, December 20, 2013, 14:48

IT services major Cognizant on said it has expanded its delivery and operations footprint in Americas with the opening of a delivery centre in San Jos, Costa Rica.

Cognizant rejigs senior management

Last Updated: Saturday, December 07, 2013, 23:23

IT services major Cognizant has rejigged its top management with the appointment of Rajeev Mehta as CEO (IT Services) and R Chandrasekaran as Executive Vice Chairman of Cognizant India.

IT stocks in demand as Cognizant ups revenue guidance for 2013

Last Updated: Wednesday, November 06, 2013, 19:55

IT stocks Wednesday rose by as much as 3.4 percent after Cognizant posted 15.4 percent jump in net profit for the third quarter ended September 30, 2013 and revised its full year revenue target.

Cognizant net up 15.4% to $319.6 m; ups revenue target to 20.3%

Last Updated: Tuesday, November 05, 2013, 21:51

Leading software outsourcing firm Cognizant Technology Tuesday reported a 15.4 percent rise in net profit at USD 319.6 million in the quarter to September driven by a strong ramp up in demand for outsourcing services, up from USD 276.9 million a year ago.

Cognizant to acquire Belgian KBC's BPO arm ValueSource

Last Updated: Thursday, October 03, 2013, 17:51

IT services provider Cognizant on Thursday said it will acquire ValueSource NV, a subsidiary of Belgium-based integrated bank insurance group KBC, as part of a five-year contract with the group.