The acquisition has opened a market to 245,000 healthcare providers, 350 insurance firms and 180 million lives. Cognizant Technology Solutions is eyeing $1.5 billion of potential revenue cumulatively from TriZetto Corporation, a healthcare information technology software and solutions firm it acquired in 2014. A larger acquisition like this would offer greater growth impacts to the company, said an analyst. The acquisition, which analysts term an outlier in the company’s overall ... Rediff.com, 1 month ago
Posted by Equitymaster Indian outsourcing companies are plagued with rising demands from investors for a buyback of shares, even as they grapple with slowing growth and the threat of rising protectionism in the United States . The outsourcing industry has ...Equitymaster.com, 38 minutes ago
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows. Barely a week after the US-based software services player Cognizant Technology Solutions, which has several delivery centres in India, announced plans to return $3.4 billion to its shareholders through buyback of shares and dividends, Tata Consultancy Services (TCS), too, said its board would be meeting on Monday to consider a buyback plan. In a statement to stock exchanges on Thursday, TCS said, ...Rediff.com, 2 days ago
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