Cognizant now in close contest with Wipro for third place among Indian IT companies! According to the latest reports in the press, Cognizant is now in close contest with Wipro for a position among the top three Indian IT services companies. The IT services firm Cognizant recently posted an unexpected 37.5 per cent jump in net profit at $208.32 million for the January-March quarter with good forecasts for the second quarter. A net profit of $208 million, against $151 million last year in the same quarter indicates robust growth. Cognizant’s first quarter revenues touched $1.37 billion, going... 

Infosys planning to start a software development centre in Bihar Patna: according to the latest reports, the IT giant Infosys is planning plans to set up a software development centre in Bihar. Infosys officials recently approached the state government exploring the possibility of acquiring land to set up its centre. The government is considering providing land for Infosys at Bihta near Patna. Official sources stated that the talks were it was still in an early stage and a decision will be taken by the end of March or April. The government has decided to develop an IT park in Bihta, 30 km...