corporate News

Cognizant Maintains Full-year Guidance

Cognizant’s first quarter revenue rose 2.4% sequentially and the US-listed IT services company maintained 2017 revenue of between $14.56 billion and $14.84 billion, implying 8-10% growth. Cognizant’s first quarter revenue rose 2.4% sequentially to $3.55 billion. Net profit stood at $557 million. The New Jersey-based company is focused on boosting its non-GAAP margin to 22% […]

Substantial improvements in compliance, quality of disclosures and spends on CSR in FY16, in a study of 1,300 companies by CII

In the most comprehensive and extensive analysis yet of CSR performance of companies in FY16, CSR performance of companies with respect to requirements of CSR legislation have substantially improved over FY15. The results are based on disclosures of close to 1,270 companies listed on BSE that had to comply with Section 135 of Companies Act […]