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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
TCS bags world's most powerful IT services brand tag

Feb 04, 2016

TCS bags world's most powerful IT services brand tag

TCS emerged as the IT services industry's most powerful brand with a score of 78.3 points - earning it an AA+ rating #Tata Consultancy Services #TCS #N Chandrasekaran #brand finance
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
TCS Q3 net profit up 14.2% at Rs 6,083 cr on strong North America, European biz

Jan 12, 2016

TCS Q3 net profit up 14.2% at Rs 6,083 cr on strong North America, European biz

TCS said growth was "holistic" with all industry segments showing sequential growth with Life Sciences and Healthcare, Manufacturing and Hi-Tech leading the way #TCS #Europe #North America #IT Sourcing #digital business #constant currency
TCS joins auction of Dell's Perot Systems; Cognizant also in race

Jan 05, 2016

TCS joins auction of Dell's Perot Systems; Cognizant also in race

Perot Systems is major provider of IT consulting to hospitals and government departments #TCS #Cognizant #Dell Inc. #Acquisition #Perot Systems #NTT Data Corp
TCS bags multi-million dollar deal from Lufthansa

Dec 16, 2015

TCS bags multi-million dollar deal from Lufthansa

TCS will provide testing services and help improve the quality of services of Lufthansa's technology operations, the Tata Group company said in a statement. #TCS #Lufthansa #Bu
Now Wipro says recent Chennai deluge to hurt its Q3 revenue prospects

Dec 16, 2015

Now Wipro says recent Chennai deluge to hurt its Q3 revenue prospects

Wipro expects its third quarter revenues to be in the lower half of the $1,841-1,878 million range #TCS #wipro #IT Services #Revenue guidance #Chennai Floods