2 posts and columns on cognizant

Voices

Trouble Looms for Indian IT Outsourcers

in News on March 2, 2009 at 10:03 am PT

It’s a rough morning for the Indian IT outsourcing sector, which has been hit hard by a highly negative report from Wachovia analyst Edward Caso. Caso says the group is likely to take another leg down, forecasting that April conference call season will see most of the companies issue guidance below Street expectations. He writes that “demand remains lackluster and decision-making slow.”

Voices

Indian Outsourcers: Profits To Be Hit By IT Downturn

in News on October 3, 2008 at 10:05 am PT

The Indian IT outsourcing companies are going to see a hit to earnings from the sagging global economy, Pacific Crest’s Kanchana Vydianathan asserted this morning. While still generally bullish on the sector, she cut estimates this morning for Satyam (SAY), Wipro (WIT), Patni (PTI), Infosys (INFY), Tata Consultancy and Cognizant (CTSH).