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Cognizant forecasts slowest revenue growth in 14 years

Feb 09, 2016

Cognizant forecasts slowest revenue growth in 14 years

IT services provider Cognizant Technology Solutions Corp ( CTSH.O ) forecast its slowest quarterly revenue growth in 14 years, adding to mounting worries about clients keeping a tight lid on technology spending. Shares of the company, which also reported its first revenue miss in six quarters, fell as much as 8.7 percent to a year-low of $53.46 in morning trading on Monday. Cognizant, whose rivals include Indian IT services firms such as Tata Consultancy Services ( TCS.NS ) and Infosys Ltd ( INFY.NS ), said the financial services sector was off to a slow start this year. #Infosys #TCS #IT Services #Cognizant Technology Solutions #IT budget
Punita Sinha at Infosys: Why it's plain illogical to apply Caesar's wife puritanism here

Jan 15, 2016

Punita Sinha at Infosys: Why it's plain illogical to apply Caesar's wife puritanism here

In a country where boardrooms are clubby and otherwise packed with relatives and friends and cricketers and film stars, Infosys in fact must be lauded for bringing in an expert. #Infosys #P. Chidambaram #Companies Act #Saradha Chit fund scam #Nalini Chidambaram #Jayant Sinha #Punit Sinha
Infosys appoints Punita Sinha, MoS Jayant Sinha's wife, as director; faces flack on Twitter

Jan 15, 2016

Infosys appoints Punita Sinha, MoS Jayant Sinha's wife, as director; faces flack on Twitter

Infosys on Thursday appointed Punita Kumar Sinha, wife of Union Minister Jayant Sinha, as an Independent Director on its Board, and rejected charges of nepotism, asserting that the company will benefit from her vast professional experience. #Infosys #Twitter #NewsTracker #Jayant Sinha #Shareworthy #Punita Sinha #Union Minister of State
Wish bigger startups have more respect for profit margin: Vishal Sikka

Jan 14, 2016

Wish bigger startups have more respect for profit margin: Vishal Sikka

Lauding the buzzing Indian start-up ecosystem, Infosys chief Vishal Sikka today said these are healthy signs for the economy but "wished" that "bigger startups" have more respect for profit margins. #Infosys #CEO #startups #Vishal Sikka #profit margins
Start-ups can create 3-4 times more jobs than listed companies, says Infosys' Murthy

Jan 14, 2016

Start-ups can create 3-4 times more jobs than listed companies, says Infosys' Murthy

Murthy said Infosys itself was a start-up company, and has generated 1.70 lakh "good jobs" for youngsters in the country #Infosys #Narayana Murthy #Entrepreneurship #start-ups #Prime Minister Narendra Modi #Start-up India
Infosys sees less than 0.3% impact on its margins due to visa fee hike

Jan 14, 2016

Infosys sees less than 0.3% impact on its margins due to visa fee hike

Bangalore-headquartered company is also working on utilising other levers like increasing onsite recruitment to mitigate the situation in the longer term #Infosys #TCS #U B Pravin Rao #Operating Margins #H1B visa fee hike