Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal During the analyst call after Cognizant’s June quarter results, chief financial officer Karen McLoughlin accepted that the company’s organic revenue had been averaging at $1.5 billion a year and going forward, mergers and acquisitions would be key growth drivers. Rediff.com, 1 week ago
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Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers Infosys chief executive officer (CEO) and managing director Vishal Sikka’s plans to stabilise business and focus on higher growth at the Bengaluru-based company faced a Brexit impact after the Royal Bank of Scotland (RBS) shelved plans to set up a separate bank in the United Kingdom (UK), for which Infosys was a key technology partner. Infosys could lose as much as $50 million as it ...Rediff.com, 1 week ago
Barcelona President Josep Maria Bartomeu confirmed on Thursday that a deal has been reached with French football side Lyon to purchase French defender Samuel Umtiti for 25 million euros ($27.7 million).During a press conference on Thursday, in which he ...Prokerala, 1 month ago
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