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Cognizant Technology Solutions President Gajen Kandiah Resigned

Cognizant’s sharp cut in forecast fells IT stocks | Trade Nivesh

TRADE NIVESH : Software exporter Cognizant triggered a sharp decline in Indian IT stocks on Friday after the US-headquartered company said its revenue in the current financial year will grow at about half the rate forecast earlier. The country’s top five IT companies lost about Rs 38,900 crore in market capitalisation, with their stocks ending down 1-4 per cent.


Name: Gajen Kandiah

Continent: North America

Country: USA

Company: Cognizant Technology Solutions

Position: President

Reason: Resigned

Replaced By: Malcolm Frank

Announcement Date: May 02, 2019, 10:00pm

Resignation Date: May 02, 2019, 10:00pm

Source 1: https://medium.com/@adityavermanivesh/cognizants-sharp-cut-in-forecast-fells-it-stocks-trade-nivesh-430cfb67e44e


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