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"it-major"

  • Cognizant to lay off 3,500 employees, reduce office spaces

    We expect the personnel-related actions of this programme to impact approximately 1 per cent of our workforce, Cognizant said.
  • ‘Macro data, vaccination news, quarterly earnings to drive markets’

    The past week saw the benchmark indices Sensex and Nifty hitting record levels on a daily basis, buoyed by positive global trends and news around rollout of coronavirus vaccination.
  • Infosys launches ‘applied AI’ offering for enterprises

    Infosys said its applied AI offering converges the power of AI, analytics and cloud to deliver new business solutions and perceptive experiences
  • Wipro’s Azim Premji emerges as most generous Indian in FY20

    Premji pipped HCL Technologies' Shiv Nadar, who had earlier topped the list collated by Hurun Report India and Edelgive Foundation, by a wide margin
  • Tech Mahindra partners Huddl.ai on remote collaboration solutions

    By leveraging artificial intelligence (AI) and machine learning (ML), the solution will enable meeting experience with video conferencing, aided by automatic speech recognition, real-time collaborative notes
  • IT major Cognizant Q3 income down 30%

    For the September 2020 quarter, Cognizant's revenue was almost flat at $4.2 billion, including a negative 130 basis points impact from the exit of certain content services, Cognizant said in a statement.
  • Tech Mahindra bags Rs 400 cr contract from HAL

    Project Parivartan is a comprehensive business integration exercise driven to achieve a centralized ERP for HAL. This exercise will enable HAL to adopt some best practices being followed in the similar industries globally.
  • Infosys logs 20% rise in Q2 consolidated net profit

    During the corresponding period of the last financial year, Infosys had reported a consolidated net profit of Rs 4,019 crore.
  • Sensex soars over 400 pts in early trade; IT stocks shine

    The 30-share index was trading 452.15 points or 1.13 per cent higher at 40,331.10, and the NSE Nifty soared 117.50 points or 1 per cent to 11,856.35.

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