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  • HCL Tech shares hit 52-week high ahead of board meeting to consider buyback proposal Mar 20, 2017 02:45 PM IST

    HCL Tech shares hit 52-week high ahead of board meeting to consider buyback proposal

    Analysts feel the company can buy back 10 percent of its paid up equity shares without shareholders' approval and the buyback size for 10 percent equity may be USD 450 million.

  • After TCS, Mindtree mulls share buyback Mar 08, 2017 02:22 PM IST

    After TCS, Mindtree mulls share buyback

    Mindtree is exploring options for buyback of shares and a decision will be taken in the next three to six months.

  • Cognizant incurs $27 mn in cost on India corruption probe Mar 02, 2017 08:28 PM IST

    Cognizant incurs $27 mn in cost on India corruption probe

    In September 2016, Cognizant had disclosed that it had discovered violations of the US Foreign Corrupt Practices Act.

  • Cognizant acquires Japan's Brilliant Service Mar 02, 2017 11:38 AM IST

    Cognizant acquires Japan's Brilliant Service

    Headquartered in Osaka, Brilliant is a products and solutions company that specialises in digital strategy, product design and engineering, the Internet of Things (IoT), and enterprise mobility.

  • Infosys seeks shareholder nod to amend Articles of Association Feb 23, 2017 09:24 PM IST

    Infosys seeks shareholder nod to amend Articles of Association

    "The board has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval," Infosys said in a BSE filing.

  • Infosys may announce $2.5 bn share buyback in April Feb 23, 2017 07:32 PM IST

    Infosys may announce $2.5 bn share buyback in April

    The development comes after TCS announced a share buyback worth Rs 16,000 crore last week. It was preceded by Cognizant, while HCL Tech also said it was exploring the possibility of a buyback.

  • Don't believe environment in US is hostile or fearful: Cognizant Feb 15, 2017 06:16 PM IST

    Don't believe environment in US is hostile or fearful: Cognizant

    Business in 2017 will be better than 2016 feels Malcolm Frank, EVP-Strategy & Marketing of Cognizant. While quarter one has been good so far, the company‘s guidance of 7.9-10 percent growth for the full year 2017 is a cautious one, he tells CNBC-TV18 in an interview.

  • Cognizant Q4 net dips 1.8%; okays $3.4bn in buybacks,dividends Feb 08, 2017 10:00 PM IST

    Cognizant Q4 net dips 1.8%; okays $3.4bn in buybacks,dividends

    US-based IT major Cognizant today posted a 1.8 percent fall in net profit at USD 416 million for the December quarter, while its board okayed a plan to return USD 3.4 billion to shareholders over two years.

  • Cognizant finds 'improper payments' of USD6 mn made in India Feb 08, 2017 09:16 PM IST

    Cognizant finds 'improper payments' of USD6 mn made in India

    US-based Cognizant today said it has identified "potentially improper payments" worth USD 6 million being made for company-owned facilities in India, higher than the earlier estimate of USD 5 million

  • Cognizant's 8-10% rev guidance to lift Indian IT spirit: IIFL Feb 08, 2017 08:22 PM IST

    Cognizant's 8-10% rev guidance to lift Indian IT spirit: IIFL

    Cognizant's guidance of 8-10 percent revenue growth for 2017 is a silver lining for the Indian IT sector which has been reeling under a lot of pressure, said Sanjiv Bhasin, Executive VP - Markets and Corporate Affairs, IIFL.

  • Cognizant names 3 independent directors after Elliott deal Feb 08, 2017 06:52 PM IST

    Cognizant names 3 independent directors after Elliott deal

    IT services firm Cognizant today said it has entered into a "cooperation agreement" with activist shareholder Elliott Management and appointed three independent directors to its board.

  • After Cognizant, other IT cos get requests of share buy back Feb 07, 2017 11:53 AM IST

    After Cognizant, other IT cos get requests of share buy back

    After hedge fund Elliott Management asked for increased share buy backs at Cognizant, other domestic and foreign institutional investors are also demanding the same from the IT giants.

  • Cognizant expands its presence in Hong Kong Feb 02, 2017 03:16 PM IST

    Cognizant expands its presence in Hong Kong

    The opening up of the new facility would enable Cognizant's global, regional and local clients to leverage the technical and business capabilities available in the region, Cognizant said in a company statement.

  • Future Group partners with Cognizant for FMCG arm FCL Jan 04, 2017 02:00 PM IST

    Future Group partners with Cognizant for FMCG arm FCL

    Under the pact, the New Jersey-based firm will build a platform for FCL to simplify, automate and secure business processes, speed up collaboration and maximise synergies across all lines of business, the companies said in a joint statement.

  • Cognizant to acquire Australian firm for 'undisclosed sum' Dec 16, 2016 06:52 PM IST

    Cognizant to acquire Australian firm for 'undisclosed sum'

    Sydney-headquartered Adaptra, established in 1998, works with five of the top 10 insurers in Australia and New Zealand.

  • Cognizant to acquire Mirabeau BV to expand digital expertise Nov 29, 2016 06:44 PM IST

    Cognizant to acquire Mirabeau BV to expand digital expertise

    With the close of the acquisition, about 260 specialists from Mirabeau will become part of the Digital Business practice at Cognizant, which has a majority of its workforce in India.

  • Infosys CEO says Trump election may weigh on margins Nov 18, 2016 09:15 AM IST

    Infosys CEO says Trump election may weigh on margins

    "Margins might be impacted in the near-term," Chief Executive Vishal Sikka said, adding the company had not yet done any simulations on how large the impact may turn out to be.

  • Here's why these stocks should be on your radar Nov 08, 2016 09:34 AM IST

    Here's why these stocks should be on your radar

    Some of the stocks that should be on your radar are: ICICI Bank, Britannia Industries, Tata Consultancy Services, Infosys, Heritage Foods, Future Retail, Ceat, ITC, GRUH Finance,Cognizant.

  • Cognizant finds 'improper payments' of $5 mn made in India Nov 08, 2016 08:22 AM IST

    Cognizant finds 'improper payments' of $5 mn made in India

    In September, Cognizant had said it was conducting an internal investigation into possible violations of the US Foreign Corrupt Practices Act amid allegations that the IT major had made "improper payments to obtain permits and building licences in India".

  • Cognizant Q3 net up 11.8%, tweaks FY16 revenue guidance Nov 07, 2016 05:56 PM IST

    Cognizant Q3 net up 11.8%, tweaks FY16 revenue guidance

    US-based IT services company Cognizant has posted 11.8 per cent increase in net profit to USD 444.4 million for the July-September quarter compared to USD 397.2 million in the same period last year.

  • Cognizant gears up for more top-level changes Oct 03, 2016 05:52 PM IST

    Cognizant gears up for more top-level changes

    HR Framework of the company is going to be rejigged and the reporting structure will be realigned.

  • Cognizant appoints Rajeev Mehta as President Sep 30, 2016 08:18 PM IST

    Cognizant appoints Rajeev Mehta as President

    IT major Cognizant has appointed company veteran Rajeev Mehta as its new President.

  • Despite macro concerns, IT still poised for 8-10% growth: JPM Sep 15, 2016 11:04 AM IST

    Despite macro concerns, IT still poised for 8-10% growth: JPM

    JP Morgan IT analyst Viju George told CNBC-TV18 that the there is some value in select IT stocks and sees huge value in company's like Infosys and Tech Mahindra.

  • Amid profit warning, experts discuss bull vs bear case for TCS Sep 08, 2016 04:49 PM IST

    Amid profit warning, experts discuss bull vs bear case for TCS

    While Market Expert Sudip Bandopadhyay believes problems TCS is facing in the US market will be a 'thing of the past' once elections are over, Deepak Shenoy believes the whole IT sector has taken a beating due to the advent of new technologies.

  • Cognizant Q2 net dips 40% to $252.4 mn on higher tax provision Aug 05, 2016 04:19 PM IST

    Cognizant Q2 net dips 40% to $252.4 mn on higher tax provision

    However, the company's net income fell to USD 252.4 million, or 41 cents per share, in the quarter ended June 30 from USD 420.1 million, or 68 cents per share, a year earlier.

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