Sensex falls for 2nd day, down 266 points; Nifty ends below 7,300-mark

Sensex falls for 2nd day, down 266 points; Nifty ends below 7,300-mark

The 50-share NSE Nifty dipped below the psychological 7,300-mark by tumbling 89.05 points or 1.21 percent to close at 7,298.20.


Cognizant Q4 net up 16.7% to $423.4 mn; cuts 2016 revenue guidance

IT services major Cognizant Monday posted a 16.7 percent rise in net profit at USD 423.4 million for the December quarter from USD 362.9 million a year ago.

Cognizant buys KBACE to strengthen digital services

IT major Cognizant has acquired privately-held KBACE Technologies for an undisclosed amount, a move aimed at strengthening its digital offering.

Cognizant Q3 Net grows 12% at $397 mn, raises revenue guidance

Driven by growth in healthcare division, IT services major Cognizant Technology Wednesday reported 11.69 percent increase in its consolidated net income at USD 397.2 million for the quarter ended September 30, 2015.

TCS, Cognizant, Infosys top employers in FY15: Nasscom

TCS, Cognizant and Infosys have emerged as the top employers in the IT-BPO sector, according to a list of 20 leading companies released by industry body Nasscom.

Kerala CM dedicates Infopark's Phase II campus to the state

Kerala Chief Minister Oommen Chandy today dedicated Infopark's Phase II campus to the state, saying the government is committed to bringing in more investments for creating job opportunities for the youth.

TCS, Wipro gain; Infosys falls on profit booking

IT stocks ended on a mixed note in an overall sluggish market Tuesday, a day after the US-based Cognizant reported better-than-expected quarterly results as well as upped its revenue guidance for the year.

IT stocks gain as Cognizant ups revenue guidance

Led by TCS, IT stocks were in demand Tuesday, a day after Cognizant reported a 9.7 percent growth in net profit for the March quarter and also upped its revenue guidance for the year.

Cognizant Q1 Net up 9.7%; ups revenue forecast for 2015

IT services major Cognizant Monday said its net profit has increased 9.7 percent to USD 382.9 million for the quarter ended March 31, 2015.

Cognizant wins multi-year cloud deal from US-based retailer

IT services major Cognizant has inked a pact with US-based retail chain Family Dollar Stores for providing cloud management platform to improve business responsiveness at latter's over 8,000 stores in the country.

Cognizant Q4 net up 12%; expects currency to affect revenues

IT services major Cognizant on Wednesday said its net profit rose 12 percent to USD 362.89 million for the quarter ended December 31, helped by increased traction from consulting, digital and business segments.

Software industry is largest creator of jobs: Narayana Murthy

Bullish on growth of Indian software industry, technology czar N R Narayana Murthy Wednesday equated India's success in this space with China's emergence as 'the factory of the world'.

Cognizant acquires digital solutions firm in Australia

IT services major Cognizant has acquired enterprise mobility, web and cloud solutions firm, Odecee, for an undisclosed amount.

Cognizant Q3 Net up 11.2%; raises 2014 revenue forecast

The US-based firm saw its revenues rising 12 per cent to USD 2.58 billion in the quarter under review from USD 2.3 billion in the same period last year.

Cognizant bags IT deal from Germany's Vorwerk Group

Software services major Cognizant has bagged a six-year deal from Germany's Vorwerk Group to transform its IT infrastructure and provide application services

Cognizant acquires digital marketing firm Cadient

Nasdaq-listed IT company Cognizant has acquired digital marketing company Cadient Group, that serves a broad spectrum of life sciences companies, for an estimated USD 30 million.

Cognizant to buy IT firm TriZetto Corporation for $2.7 bn

The acquisition will create an entity with more than USD 3 billion in combined healthcare revenue, serving around 245,000 healthcare providers (hospitals, clinics, etc) and about 350 payers (health insurers).

Cognizant Q2 Net up 24%, lowers full-year revenue guidance

The New Jersey-headquartered firm also expanded its stock repurchase programme by USD 500 million to USD 2 billion.

Cognizant wins 7-yr contract from Danish firm

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

Cognizant warns of slow growth in US healthcare business

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