Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.
The new Final Bid Match (FBM) rule was also seen in action across the two days, allowing teams to buy back their released players by matching the final auction bid price, for either one or two seasons.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
Reliance Industries Chairman Mukesh Ambani and his family participated in the Maha Kumbh on Tuesday, taking a dip in the Sangam and attending a yagya at Parmarth Triveni Pushp in Arail. The family, including Ambani's mother, sons, daughters-in-law, grandchildren, and siblings, were accompanied by Ambani's mother-in-law and sister-in-law. They joined millions at the spiritual pilgrimage at the confluence of the sacred waters of Ganga, Yamuna, and mythical Saraswati. The family also prayed for "global peace and welfare" at the Vishwa Shanti Yagya.
'He has been one of the clearest thinkers in the history of business.'
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
Looking at the OTT releases coming up this summer.
There's not any effort -- not even a smidgen -- to resurrect a superstar on the wane in Sikandar, sighs Sukanya Verma.
Patna Pirates returned to winning ways with an all-round performance as they secured an impressive 40-27 win over Gujarat Giants in the Pro Kabaddi League in Noida on Monday.
The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
Dalal Street investors were a poorer lot on Monday as their wealth eroded sharply by Rs 14 lakh crore following a sharp decline in benchmark indices amid a global market meltdown due to recession fears. The 30-share BSE Sensex tumbled 2,226.79 points or 2.95 per cent to settle at 73,137.90. Intra-day, the benchmark slumped 3,939.68 points or 5.22 per cent to 71,425.01.
Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.
Cognizant has said it aims to be back among India's top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared.
For investors who missed the initial IPO frenzy, the market correction is an opportunity to selectively invest in promising names, but patience and careful evaluation remain the key.
Nasdaq-listed IT services major Cognizant on Tuesday said the firm's Chief Financial Officer (CFO) Jatin Dalal (pictured) had reached a settlement in the "non-compete" lawsuit filed by Wipro. The terms of the settlement, which was reached without any admission of liability by either party, are confidential. The settlement resolves all pending disputes between Dalal and Wipro, said the company in a statement. Cognizant has paid $505,087 (around Rs 4.1 crore) in connection with Dalal's settlement.
Ajit Chavan was in prime form for the U Mumba as he led his team to a thrilling 42-40 victory over the Patna Pirates in a Pro Kabaddi League match on Wednesday.
The BSE mid-cap and small-cap stocks have outperformed the benchmark Sensex in 2023-24 with about 62 per cent returns, reflecting buoyant investors' sentiment amid robust macroeconomic conditions in the country and impressive quarterly earnings reported by various firms. As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.
Information Technology (IT) major Infosys escalated the legal tussle with Cognizant by filing a countersuit in a US court, accusing the Nasdaq-listed firm and its Chief Executive Officer (CEO) Ravi Kumar of anticompetitive practices by maintaining its monopoly. Infosys has also alleged that Kumar misused sensitive information that slowed the launch of the company's health care platform Helix.
Shubham Shinde's crucial Super Tackle on Pardeep sealed the deal, reinforcing their PKL dominance.
Skipper Ankit Kumar's brilliant century put defending champions Mumbai on the back foot as Haryana reached 263 for five at stumps on the second day of their Ranji Trophy quarter-final.
The Gujarat high court has issued summons to the Bharatiya Janata Party MP from the Surat Lok Sabha constituency, Mukesh Dalal, over two petitions challenging his uncontested victory.
The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.
The Supreme Court on Friday said the plea seeking a policy for verification of electronic voting machines should go before the same bench that delivered a verdict in April rejecting the demand for bringing back the old paper ballots.
With this, Prime Minister Narendra Modi has also sent a strong message to ally, Janata Dal-United President and Chief Minister Nitish Kumar, that their partnership remains intact and that they will be formidable partners at the hustings.
The Lilavati Kirtilal Mehta Medical Trust (LKMMT), which runs Mumbai's Lilavati Hospital, has accused its former trustees and related individuals of misappropriating over Rs 1,500 crore. The trust has filed complaints with the Enforcement Directorate (ED) and the Bandra Police Station, alleging that the misappropriation, uncovered during a forensic audit, has impacted the trust's operations and healthcare services. The trust has also claimed that black magic was performed in the hospital premises by former trustees and related individuals. The Bandra Magistrate Court has ordered an inquiry against these individuals. The current trustees have identified large-scale irregularities in the hospital management body's affairs and appointed forensic auditors who found that over Rs 1,500 crore has been siphoned and misappropriated by the former trustees. The Mumbai police's Economic Offences Wing (EOW) has initiated a probe into an alleged cheating case of Rs 85 crore registered against three former trustees of the hospital.
Ajinkya Rahane led from the front with a magnificent century while Royston Dias claimed five wickets as Mumbai outclassed Haryana by 152 runs to storm into the Ranji Trophy semi-finals.
Samantha and Varun Dhawan got together to party and celebrate the success of their Web show, Citadel: Honey Bunny held in Mumbai.
Varun-Natasha's anniversary... Soha goes to Japan... meet the lady who has Bobby's heart...
The young duo of Ayan Lohchab (14) and Devank Dalal (11) scored 25 points between them as the Patna Pirates secured an impressive 43-41 win over the Jaipur Pink Panthers in the Pro Kabaddi League in Hyderabad on Friday.
The Supreme Court of India has sought a response from the Election Commission of India (ECI) regarding pleas seeking verification of burnt memory and symbol loading units in Electronic Voting Machines (EVMs). The court directed the ECI to refrain from erasing or reloading data during the verification process and to explain the procedure adopted for verification. The bench also expressed concerns over the high cost of verification and directed the ECI to reduce the fee. The court's directive comes following its previous judgement where it allowed aggrieved candidates to seek verification of EVMs.
Film folk are busy making memories on Diwali with families, and they share some with us.
Manish Malhotra's Diwali Party had the who's who of Bollywood in attendance.
'The Congress is solely responsible for the situation that has arisen in Surat'
The newest season kicked off over the weekend with yet another interesting line-up of contestants, a grand house theme that looks like it's straight out of Game Of Thrones, and of course, host Salman Khan.
The Ambanis go all out to celebrate the wedding of their youngest son, Anant, with Radhika Merchant.
To showcase their family at Radhika Merchant-Anant Ambani's sangeet ceremony, they chose to dance to the song, Deewangi Deewangi, from Om Shanti Om.
Glitz, glamour and lots of joy marked the celebration.
These simple home remedies aim to improve your overall health and keep your skin glowing, hair healthy and body pain-free no matter how cold it gets, says Smita Naram, co-founder, Ayushakti.
Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.
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