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...