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Cognizant Profit Narrowly Beats Estimates

IT services provider Cognizant Technology Solutions Corp reported a quarterly profit that edged past analysts' estimates on continued demand from its healthcare and financial clients

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ManageEngine ‘Bringing IT Together’ With Parent Firm Zoho Corp

Parent company Zoho Corporation plays a key role in the plans as ManageEngine will integrate Zoho’s cloud-based business apps with the industry’s broadest suite of IT management software

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Will Sustain TCS' Growth Momentum, Says CEO Gopinathan

Rajesh Gopinathan, who took charge as chief executive of TCS on Tuesday, said he and his newly appointed team will ensure sustenance of the company's growth momentum and continuous evolution of its strategy

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New Legislation To Tighten H1-B Visas To Foreign Techies

Two powerful US Senators have announced they will introduce a legislation which, if passed by the Congress, would give preference to foreigners studying in American universities, a move that will tighten the noose around the H-1B visa programme and could hurt Indian IT firms

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Infosys Q3 Profit Up 7% At Rs 3,708 Crore; Revenue Guidance Revised To 8.4-8.8%

The country’s second-largest software firm Infosys on Friday reported a 7 per cent growth in its consolidated net profit at Rs 3,708 crore for the October-December quarter of the current fiscal

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TCS Q3 Net Profit Up 11% To Rs 6,778 Crore

Net profit rose to Rs 6,778 crore for the three months to December 31, compared with a net profit of Rs 6,110 crore a year ago

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India Most Optimistic Globally On Hiring Plans For October-December Quarter

India is the most optimistic country globally in terms of hiring plans for the next three months, however there is some sign of 'increased caution' among employers amid global slowdown and impact of automation in the IT sector, says a survey

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Mphasis Q1 Net Profit Up 38% To Rs 204 Crore

IT company Mphasis has posted a 38 per cent rise in consolidated net profit at Rs 204.3 crore for the first quarter ended June 30, 2016

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L&T Infotech Net Jumps 35% To Rs 236 Crore

Newly-listed IT exporter L&T Infotech on Thursday reported nearly 35 per cent increase in net profit at Rs. 235.8 crore for the quarter ended June 30, driven by widening margins

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Wipro Q1 Net Profit Dips 6.7 Per Cent To Rs 2,059 Crore

Wipro says it has decided not to proceed with the buyout of US-based Viteos Group due to 'inordinate delays in completion of closing conditions that exceeded the target closing date'

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Infosys Brings Back Stock Option Plan To Check Rising Attrition Rate

Infosys has relaunched its employee stock option plan for junior to middle level management staff as it looks to rein in rising attrition that stood at 21 per cent in the April-June 2016 quarter

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Infosys Q1 Net Profit Up 13.4 Per Cent; Company Cuts FY17 Revenue Guidance

The IT major added 3,006 employees from March quarter, taking its headcount to 1.97 lakh employees as on June 30

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Wipro To Rethink Business Expansion In West Bengal If Not Given SEZ Tag

Tech giant Wipro would have a rethink on expanding its business in West Bengal if its project at Rajarhat was not given the special economic zone status

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'Digital India Wave Yet To Create A Major Impact On IT Industry'

BVR Mohan Reddy, Founder and Executive Chairman Cyient Ltd and former Nasscom Chairman, shares his views on how the two years of the Narendra Modi government have impacted the IT industry

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Wipro’s Net Profit, Revenue Growth Forecast Lag Peers

It has forecast a topline growth guidance of 1-3 per cent for the IT services business during April-June of this fiscal

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