Nasdaq-listed IT company Cognizant Technology Solutions Corp on Tuesday announced the acquisition of Pepperweed Advisors, the IT consulting services division of US-based Pepperweed Consulting, for an undisclosed sum.
Leading IT services provider Cognizant Technology Solutions Corp plans to build three more fully-owned technocomplexes covering over 600,000 sq feet area for its 6,500 employees
Rivals like Cognizant Technology Solutions Corp and Infosys Ltd have also sharpened focus on the healthcare sector
Quarterly revenue from Europe rose 35 per cent, the strongest growth since the company started breaking out revenue by region two years ago.
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
In tougher times, there seems to be an overwhelming focus on managing the large or anchor clients.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
The local markets are expected to react to global triggers until the government announces the Union Budget.
The year saw 30 QIP deals raising over $5 billion and 35 IPOs.
15 per cent of startups in Silicon Valley are founded by Indians.
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare?
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