The trial was originally slated to begin on October 3, but was deferred as the passport of a key witness of the US government was with the Enforcement Directorate in India.
The trial was originally set to begin on October 3, but has now been pushed. A new date for when the trial will start has not been set.
IT major Cognizant has appointed company veteran Rajeev Mehta as its new President.
The softness in the March quarter was driven by weakness in financial services and healthcare, says Gordon Coburn, President of Cognizant.
Cognizant has lowered its revenue forecast for the fiscal 2016 to be in the range of USD 13.65-14 billion from its earlier estimate of USD 13.65-14.2 billion.
Cognizant is one of the largest employers in the region recruiting more than 60,000 at its 11 facilities. The company would undertake a multi-pronged approach to support relief and longer-term rehabilitation measures in city.
IT services major Cognizant Monday said its net profit has increased 9.7 percent to USD 382.9 million for the quarter ended March 31, 2015.
US healthcare clients are desperate to cut costs and therefore, there cannot be a better time than today to buy TriZetto, says Gordon Coburn, President, Cognizant.
Maintaining its lead over Infosys for the second quarter in a row, Cognizant today posted 18.2 per cent growth in revenue to USD 1.892 billion in the July-September 2012 quarter.
As the Euro zone crisis deepens and businesses outsource to cut costs amid the uncertainty, Cognizant Technology Solutions expects revenue from Europe to grow significantly, a top executive at the software services company said at the Reuters India Investment Summit.