People had also started gathering at Mukhtar Ansari's residence in Ghazipur and there was a large deployment of security personnel around the house.
Beats estimates with 22 per cent increase in net profit.
Visa-related restrictions and costs to affect profitability of all major offshore-centric IT firms.
On Friday, Union Minister Rajeev Chandrasekhar had warned that Google's AI tool Gemini's response to a question around the Prime Minister is in direct violation of IT rules as well as several provisions of the criminal code.
The company's revenue grew 20.2 per cent to $2.91 billion.
Under the exception given in Section 375 of the IPC, sexual intercourse or sexual acts by a man with his wife, the wife not being minor, is not rape.
US-based IT services major Cognizant on Wednesday reported a 16.3 per cent rise in net profit at $324.3 million for the fourth quarter ended December 31, helped by broad-based growth across industries and geographies.
Cognizant's Phoenix BPO center will initially provide claim processing services for one of the largest healthcare plans in the US, it said in a statement.
Though domestic IT majors like Infosys Technologies, Tata Consultancy Services and HCL Technologies painted a gloomy picture of the IT sector in the coming quarters, technology bellwether Cognizant Technology Solutions and Genpact, India's largest Business Process Outsourcing firm, not only posted better results but have also given decent guidance to the markets.
'It is not that the H1B visa employees are coming in to displace jobs.'
Nasdaq-listed IT services major Cognizant has been chosen as the 'Best US company in India' for 2005 by the Indo-American Chamber of Commerce.
IT giant Cognizant would be investing around $76 million across its centres in India.
The digital opportunity is not just tech opportunity, but an opportunity to reinvent client business model.
Information technology services major Cognizant is at an advanced stage of negotiations to acquire Genpact, the business process outsourcing (BPO) giant.
Delhi police on Saturday told a court that prima facie "no cognizable offence" is made out against Chief Minister Sheila Dikshit in a complaint alleging misuse of Rs 22.56 crore in government funds for an advertisement campaign before the 2008 assembly polls.
US software major Cognizant Technology Solutions will invest $ 35 million in India to expand its infrastructure and development centres.
This global workforce reshapes how companies around the world operate, innovate and compete, informs Shankar Srinivasan, Chief People Officer, Cognizant
The move will strengthen its revenues by about $100 million.
Last year in the same quarter, Cognizant had toppled Wipro as the third largest software exporter in India.
BoA has given formal approval to 15 special economic zones, including those of TCS and Cognizant, and in-principle nod to five, Commerce Secretary and BoA Chairman G K Pillai told reporters after the meeting in New Delhi.
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.
Rajeev Mehta, chief executive officer for IT services, explains to Business Standard that the company was faced with some client-specific issues, which led to this.
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.
Relative to its competitors such as Infosys, Wipro and TCS, Cognizant's spending on sales and marketing is 50% higher, says an expert.
Banda chief judicial magistrate Bhagwan Das Gupta appointed Garima Singh, additional chief judicial magistrate (MP-MLA Court Banda) as the investigating officer in the case, the official said.
IT services major Cognizant has said it expects to hire over 10,000 IT professionals in the US over the next three years, expanding its workforce in the North American nation to more than 39,000.
Nasdaq-listed Cognizant Technology Solutions on Monday announced Rs 115 crore investments in Chennai for setting up a training academy and two software development blocks, which can accommodate 3,500 employees.
The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.
Software firm Cognizant Technology Solutions will be recruiting about 18,000 IT professionals before the year end in addition to the present 38,000 workforce, a top company official said on Saturday.
Cognizant will set up its second IT and business process outsourcing services infrastructure in Kolkata with an investment of close to Rs 188 crore (Rs 1.88 billion) by end of 2008 on land acquisition, facilities construction and furnishing.
Information technology services company Cognizant Technology Solutions on Monday met its revenue guidance given for the quarter ended March 30 and projected its April-June revenues to cross those of Infosys, something long anticipated in industry circles.
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with gains of 24 per cent. So far in 2024, the index is up around 7 per cent against the nearly flat Nifty 50 benchmark index. The IT index has been on a continuous decline in the last three sessions.
Eighteen American information technology professionals have filed a civil lawsuit against its former employer, Cognizant, for replacing them with people from India who were hired by the IT major on H-1B visas.
Cognizant Technology Solutions Corporation has posted a 57 per cent increase in revenue at $285.50 million in the first quarter of 2006, as against $181.70 million during the corresponding period last year.
Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
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