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Cognizant Cuts FY Outlook; Profit Beats F'cast
Analysts had been expecting the company to raise its full-year outlookIT Stocks Not Reflecting Weak Rupee: C.Suisse
Credit Suisse sees a "reasonably strong" correlation between USD/INR moves versus IT stock direction over the next 30 daysS&P Revises Rating Outlooks On Infosys, TCS, Wipro
The outlook revisions follow a similar action on the sovereign credit rating on India (BBB-/Negative/A-3)TCS Drives Markets Up; Sensex Rises 111 Pts
The NSE 50-share Nifty also rose by 22.05 points or 0.42 per cent to finish at 5,222.65Sensex Gains 70 Pts Tuesday, TCS Up 9.85%
Sensex on Tuesday rose by over 70 points in early trade, as surging IT stocks led to the recovery in buyingStaying Away From The Herd Mentality
Focusing on its own strengths helped the fund stay ahead of the curveHCL Q3 Profit Beats F'cast, Shares Rally
HCL reported a better-than-expected 28% rise in quarterly profit, powered by outsourcing contractsIT Stocks Near 2-1/2-Month Low As Infosys Disappoints
Other than Infosys, the negative sentiment pulled bigger rival TCS and WiproInfosys Q4 Net Up 27.4%; Outlook Hits Shares
Shares plunge 10% as company forecasts lower-than expected revenue growthInfosys, TCS Face Challenging Year
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The company employs both local recruits and employees brought in from India on short-term work permitsThe rationale was to identify companies that perform steadily through good and bad times
Nasscom Guidance Is Ambitious: Infosys
Client feedback had led Infosys to give its muted guidance for the fiscal
>>Cognizant Cuts FY Outlook; Profit Beats F'cast
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Scott Thompson is out and Ross Levinsohn is taking the helm, at least on an interim basis
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