Tech Solution News

Markets

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 2023
Brand Post

Tech-enabled startup Shopmatic registers 200% growth amidst global pandemic

Amid the ongoing global pandemic, Shopmatic, leading Singapore-based e-commerce enabler registered tremendous growth in the April-June 2020 quarter.

3 min read16 Jul 2020
Companies

Cognizant defers joining date of campus recruits to September quarter

Given the subdued demand, Cognizant will also be freezing most of its lateral hiring across all functions in India

1 min read12 May 2020
News

Companies fight coronavirus with tech solutions

Vehant Technologies that runs an artificial intelligence-based traffic enforcement solution has reconfigured its AI programme to launch what they call covid analyticsStratasys is working with automobile companies in leveraging their industrial 3D printers to manufacture face masks and other medical equipment that can be used during the crisis.

3 min read6 May 2020
Companies

TCS bats for FMCG-like valuation

Peers say tech spending tied to global growth and any talk of re-rating sector is prematureTCS maintains that its tech solutions are essential to companies across industries

3 min read30 May 2019
Companies

After 25 years of robust growth, Cognizant reaches crossroads

Finding a successor to CEO Francisco D’Souza, improving growth figures are the two key challenges ahead for firmCognizant has had only four CEOs so far, while Infosys and Wipro have had at least four bosses in the last decade alone

3 min read25 Jan 2019
Opinion

Tech solutions must come from the grassroots

The key here is that solutions be developed bottom-up, working closely with the community they are designed for

3 min read3 Jul 2018
Companies

UST Global raises funds from Singapore’s Temasek Holdings

UST Global offers digital technology solutions to Fortune 500 companies across various geographies

2 min read27 Jun 2018
Market

Nasscom has better visibility, but haze lingers

Even if we were to assume for a moment that growth rates in the IT sector turn out to be how Nasscom expects them to be in FY19, there's nothing much for investors to get excited about

1 min read21 Feb 2018
Politics

Govt seeks tech solutions for waste management

Science and technology ministry has called for a concept note in waste management technologies by 31 January

1 min read18 Jan 2018
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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

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