India's GDP is likely to grow at 6.5 to 7 per cent in the current fiscal year amid global challenges which may impact exports, said Economic Survey 2023-24 tabled in Parliament on Monday. The growth projected for 2024-25 is lower than the economic growth rate of 8.2 per cent estimated for the previous financial year. The Reserve Bank has projected the GDP growth for the fiscal year ending March 2025 at 7.2 per cent.
In a viral video of the court proceedings, the judge was seen reprimanding a woman lawyer on Thursday and reportedly made some objectionable comments.
Deal to bolster firm's position in healthcare IT.
The new facility of Cognizant Technology Solutions, a leading global IT offshore services provider, at Coimbatore is set to go operational soon, a senior company official said.
Francisco D' Souza, president and chief executive of Cognizant Technology Solutions (earlier called Dun and Bradstreet Satyam Software), believes Asia and Latin America would be the nearly $3-billion New Jersey-based offshore IT service major's focus areas of growth.
A division bench of Justices Gautam Patel and Kamal Khata took suo motu cognizance of the tragic incident and initiated a public interest litigation on the issue.
IT services major HCL Technologies (HCLTech) on Monday reported a 10.51 per cent increase in consolidated net profit to Rs 4,235 crore in July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance. The Noida-headquartered firm had posted a net profit of Rs 3,832 crore in the year-ago period. HCLTech increased the lower band of its revenue growth guidance to 3.5-5 per cent year-on-year in constant currency, against a guidance of 3-5 per cent in the first quarter.
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.
Chatterjee said the compNY is not aware of any major client concerns at this point.
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.
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.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Pai sought to look at the issue of founders raising questions as shareholder activism.
The revenues of the top 5 India-based IT services providers worldwide rose by over 13 per cent to $34.3 billion (around Rs 1,900 crore) last year from $30.3 billion in 2011.
With the rush of growth after the pandemic slowing down, many leaders are moving to firms that may be smaller but are growing much faster and have the headroom to grow.
The report indicates that the miscreants forcibly entered her house and physically assaulted her. Shockingly, they also snatched her infant daughter and callously threw her away, the commission said.
Beats estimates with 22 per cent increase in net profit.
The NCW said it strongly condemns the defamatory remarks and requests strict action against Moitra.
Visa-related restrictions and costs to affect profitability of all major offshore-centric IT firms.
Elon Musk has announced that a massive DDoS attack hit his livestream with former United States President Donald Trump, forcing X owner to scale down the live audience.
The implementation of this toll collection system, which will eventually eradicate toll booths, necessitates the fitting of an on-board unit (OBU) in every vehicle that can track a vehicle's location in real time.
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.
The company's revenue grew 20.2 per cent to $2.91 billion.
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.
Congress spokesperson Supriya Shrinate also shared the video and said the BJP leader is openly threatening to kill the Leader of the Opposition of this country.
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.
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.
He heard a firecracker-like sound while being asleep at his residence in Galaxy Apartments in the early hours of April 14, Khan told police.
IT giant Cognizant would be investing around $76 million across its centres in India.
Information technology services major Cognizant is at an advanced stage of negotiations to acquire Genpact, the business process outsourcing (BPO) giant.
'It is not that the H1B visa employees are coming in to displace jobs.'
The digital opportunity is not just tech opportunity, but an opportunity to reinvent client business model.
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.
A woman riding pillion on a motorcycle was groped and harassed by a group of men in a waterlogged area in Lucknow, prompting police to arrest four people and take action against eight officials, including the deputy commissioner of police (DCP) concerned.
US software major Cognizant Technology Solutions will invest $ 35 million in India to expand its infrastructure and development centres.
