When you go to US B-schools, you find that most of the student getting high GPAs are Indians. So, we had to do a different mix in order to make sure we had a good mix of people.
IT major Cognizant Technology Solutions said on Friday that its development centre in China was expected to get legal status by August-end and the operations would be headed by Henry Yang, a Chinese native.
IT services major Cognizant Technology Solutions has said it would hire 6,500 people in the next nine months and announced that its Chinese centre would start operations in April.
IT majors Cognizant Technology Services and Polaris Sofware Lab are looking at ramping up their Toronto operations as part of a strategy to use Canada as a near-shore option for clients in the US.
US software major Cognizant Technology Solutions will invest $ 35 million in India to expand its infrastructure and development centres.
Chennai-based Cognizant Technology Solutions is to invest about Rs 185 crore (Rs 1.85 billion) on expansion of its facilities in the country this year, a top executive of the company said on Monday.
The company owns 12 of 45 facilities it has in India and around 75 per cent of its global headcount of 2,44,300 is based in the country
In another senior-level exit from Infosys, Humberto Andrade had quit as head of the company's Latin America business process outsourcing (BPO) operations to join rival Capgemini.
Quarterly revenue from Europe rose 35 per cent, the strongest growth since the company started breaking out revenue by region two years ago.
The acquisition has opened a market to 245,000 healthcare providers, 350 payers (insurance firms) and 180 million lives.
"We will fight to protect every last American life," Trump
As many as 11 people, including members from the influential Nilekani, Bajaj and Godrej families, were honoured for their outstanding contribution towards the good of the society at Forbes India Philanthropy Awards.
Other developers that have sought additional time include Alstom Bharat Forge Power, Sesa Sterlite Ltd and Cognizant Technology Solutions. Vedanta Aluminium has asked for extension of the validity of the approval granted by the board for setting up an SEZ in Odisha beyond May 22.
Leading software outsourcing firm Cognizant Technology on Tuesday reported a 15.4 per cent rise in net profit at $319.6 million in the quarter to September driven by a strong ramp up in demand for outsourcing services, up from $276.9 million a year ago.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
Google is the most attracitve employer in India followed by Sony
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
The year saw 30 QIP deals raising over $5 billion and 35 IPOs.
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers
Firm to prune domestic costs through initiatives such as voluntary separation
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
The local markets are expected to react to global triggers until the government announces the Union Budget.
Rajeev Mehta, chief executive for IT services, believes this is due to a few client-specific issues, saying the overall business environment continues to look good.
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
Elliott Capital's letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash.
Sohini Deb who cracked CAT 2013 with 98.11 percentile and secured admission at IIM Kozhikode shares her study secrets.
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