E-PaperCognizant Technology Solutions Corp. News
Cognizant net profit up 3% YoY in Q1 FY23, to sack 3,500 employees
Cognizant reported a nominal 3% YoY rise in its net profit in the March quarter of FY 23. However, the company reported a 0.3% decline in its revenue $4.8 billion in the quarter under review
1 min read4 May 2023Cognizant sees India as an attractive market, will continue investments
Strong growth in digital services and infrastructure make India a very 'attractive' market, US-based IT major Cognizant has said
2 min read29 Aug 2017Cognizant profit rises 26%, but soft guidance is a cause for worry
Cognizant results show Q1 profit rose to $557 million from $441 million in the year-ago period, but its soft guidance for the current quarter is worrying news
2 min read5 May 2017Cognizant’s sharp cut in guidance highlights Indian IT’s troubles
A further weakening of the macroeconomic environment and a softening in clients' discretionary spending pattern behind reduction in expected revenue
2 min read8 Aug 2016Will Cognizant’s revenue beat reignite investor faith in Indian IT stocks?
The worry that Cognizant's results will fall short of expectations, like all of its peers, has turned out to be misplaced
1 min read4 May 2015Tech firms pin hopes on the Digital India mission
Executives in the technology industry are not discouraged by the recent forecast by lobby group Nasscom, which predicted the industry will grow by 12-14% in 2015-16
4 min read14 Feb 2015Cognizant results encouraging for Indian IT sector investors
Revenue grows 4.9% sequentially to $1.8 billion, despite cross-currency headwinds
2 min read7 Aug 2012Cognizant continues to gain market share
Cognizant continues to gain market share
2 min read3 Aug 2010Small tech firms to benefit from rise in demand, but with a lag
Small tech firms to benefit from rise in demand, but with a lag
3 min read24 May 2010Cognizant to hire aggressively this year
Cognizant to hire aggressively this year
1 min read5 May 2010Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared