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The new CEO was appointed earlier than expected, suggesting that Cognizant doesn’t want to lose any more time making a turnaround,
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He believed Ravi Kumar’s appointment would be a ‘consensus, confidence builder’ where he can attract talent,
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According to Katri, there are no signs of a slowdown in demand, and the worst-case scenario is a one-to-two-month delay in budget cycle decisions.
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Moshe Katri’s comments come months after the leading IT analyst called out the Cognizant board for not exercising its fiduciary duty
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A survey by investment firm Wedbush Securities shows that IT companies’ clients maintain a positive intent to spend on technology both in the second half of the calendar year 2022 and the first half of 2023
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Industry expert Moshe Katri sees more deal cancellations in coming days on account of Britain's decision to exit the European Union.
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Two US lawmakers have introduced a new visa bill in the House of Representatives. The bill proposes that companies with over 50 employees and 50 percent employees on H1-B, L1 can't hire more H1-B employees.
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Moshe Katri, MD of CRT Sterne Agee, believes Infosys has so far done an incredible job in reclaiming the lost market share and it must articulate on ways of transition of its legacy business into digital.
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Nilesh Shah, MD and CEO of Envision Capital, dubbed the performance as "industry leading, peer beating", something that has happened after a long time.
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The stock fell off the cliff within minutes and touched intraday low of Rs 1108.90 per share, touching as low as 5 percent. News of revising dollar revenue and CFO Rajiv Bansal's resignation led the stock into a tizzy soon after.
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Moshe Katri, IT industry analyst is confident of the company will beat the FY16 dollar revenue guidance of 10-12 percent and match industry growth.
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Moshe Katri, MD of Cowen & Co says the miss in TCS's earnings is due to transformation to newer technologies.
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Moshe Katri, managing director Cowen & Co feels it will be an uneventful quarter for Infosys - USD 2.2 billion in terms of revenues and 44 cents in earnings per share (EPS).
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Moshe Katri, MD, Cowen & Co expects Infosys' margins to be in mid-20s on an annual basis and is looking for guidance to be revised to 7 percent.
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Moshe Katri, MD of Cowen & Co, spoke to CNBC-TV18 about his findings on budgeting and spending in IT Industry for 2015.
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Infosys and Computer Sciences will continue to outperform its peers in the information technology industry says a US based financial service company.
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Nilesh Shah of Envision Capital feels that the stock could be in a consolidation zone and the recent highs itself will actually act as a significant resistance.
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Infosys' profitability however, was impacted by visa cost of Rs 219 crore (one off item) in the quarter ended September 2013.
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Moshe Katri, MD, Cowen & Co expects Infosys under the right management team can shape margins going ahead.
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Cowen & Co's Moshe Katri believes the fundamentals for Infosys are looking pretty decent and the company is likely to see good growth from here on.
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Tata Consultancy Services and Cognizant will continue to outperform its peers in the information technology industry, Cowen & Co, says a US based financial service company.
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Moshe Katri, MD, Cowen & Co explains on CNBC-TV18 that a survey of the Indian IT sector indicated that the IT giant's management lacked initiative was hampened by a rise in the market share of global rivals in India and was unable to cope with a lackluster economy
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Shares of India's second largest IT firm Infosys fell nearly 2% in early morning trade after Cowen & Co cut the stock to Neutral from Outperform, on disturbing IT survey results and increased competition from International Business Machines (IBM) and Accenture (ACN).
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Commenting on IT major‘s dismal performance in the June-September quarter, Moshe Katri, MD, Cowen & Co, New York said it was yet another light quarter in terms of revenues, margins and guidance reset.
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According to managing director of Cowen & Co Moshe Katri, Infy needs to change internallyon the sales execution side and in terms of how to communicate with customers to see better results.
_1716_356_5932_356.jpg?impolicy=website&width=135&height=80 "Forex volatility to impact Infosys' Q3 revenue: Cowen & Co")
_1716_356.jpg?impolicy=website&width=135&height=80 "Expect Infosys to see max upside revision: Cowen & Co")
