IT services firm Cognizant today said it has entered into a "cooperation agreement" with activist shareholder Elliott Management and appointed three independent directors to its board. "Pursuant to the terms of the cooperation agreement, the Cognizant board ... Business Standard, 1 week ago
The Congress has been trying to strictly enforce a 'one ticket per family' policy in Punjab, but for Goa the rules are quite different. In its list of candidates for Goa, announced on Thursday, former chief minister Pratapsinh Rane and son Vishwajeet have ...Deccan Herald, 1 month ago
By Sinead Carew (Reuters) - Declines in energy and financial stocks weighed on the S&P 500 on Monday and stalled the Dow's pursuit of the 20,000 milestone ahead of earnings season, while the Nasdaq hit a record intraday high. The S&P's energy sector dropped ...Sify, 1 month ago US STOCKS-Oil drop stymies Dow's march to 20,000; Nasdaq boosted by health stocks Sify, 1 month ago
Elliott Capital’s letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash. IMAGE: From left, TCS CEO N Chandrasekaran, Wipro CEO Abidali Neemuchwala, and Infosys CEO Vishal Sikka. Spoilt by 20 years of a 25 per cent revenue compound annual growth rate, the Indian IT players may not have made the shift to understanding what will drive their share price returns from here ...Rediff.com, 2 months ago
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