Nasdaq-listed IT company Cognizant on Thursday announced a new 10-year services agreement valued at about USD 1 billion with CoreLogic, a global property information, analytics and data-enabled solutions provider. The deal deepens the scope of the current collaboration with a focus on delivering strong solutions and customer experience through digital transformation and operational excellence, Cognizant said in a statement. "Cognizant and CoreLogic extend the decade-long relationship with USD 1 billion, ten-year services agreement," the statement added. Since 2011, Cognizant has been a service delivery partner, offering capabilities in application development and support, analytical modelling and domain-centric business process services to CoreLogic and its customers, primarily in the US mortgage and real estate markets. "Real estate, mortgage lifecycle, and insurance transactions depend on accurate, timely data and analytics. We are committed to helping CoreLogic provide this ...
Six of the 11 major S&P 500 sector indexes were up in early trading, with a 1.3% rise in tech stocks making them the biggest gainers
Deal size could expand to $827 mn if additional milestone-based payments are made
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Despite bumps on the route, insiders believe that the company is still aiming for the sky
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The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit
CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge
Stocks to watch today: Coal India, Divi's Lab will report the July-September quarter (Q2FY23) results on Monday, November 7; SBI's net profit climbed 73.9 per cent YoY to Rs 13,265 crore in Q2FY23
Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.
Shares of Microsoft and Google-owner Alphabet were up 0.6% and 1.2% respectively, while Apple and Amazon.com also rose ahead of reporting quarterly earnings this week
Bank of America posts better-than-expected Q3 results; Goldman Sachs up on report of major business overhaul; S&P surges 2.5%, Nasdaq 3.05%
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Axis Mutual Fund is targeting to garner Rs 100 crore from its Nasdaq 100 fund of fund during the primary sales period, a company official said on Thursday. The open-ended fund of fund scheme, open for subscription from Friday through October 21, will invest in the overseas units of exchange traded funds (ETFs) focused on the Nasdaq 100 index, the fund house said on Thursday while announcing the NFO from Friday. "We are targeting to mobilise at least Rs 100 crore from the new offering during the new fund offer period," Raghav Iyengar, the chief business development officer at the fund house, told PTI when asked about the corpus being targeted. He said the new fund of fund will be investing in some overseas ETFs tracking the Nasdaq 100 index such as the Xtrackers Nasdaq 100 UCITS ETF, iShares Nasdaq 100 UCITS ETF, and Invesco EQQQ Nasdaq-100 UCITS ETF among others, and will be managed by Hitesh Das, who is the fund manager at Axis AMC's overseas investments. On the exit charges, he s
The yield on benchmark 10-year Treasuries, had surged to 3.7408 per cent
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Dollar gains help Nasdaq pip Nifty gains over a three-period
Tech, consumer discretionary pare back gains; casino stocks jump as Macau allows tour groups after nearly 3 years
'We've done plenty of work around the largest e-tailer in world and partnered with oil and gas companies to integrate payments using voice-activated mobile apps in a frictionless and seamless manner'
All eyes on Fed policy decision on Wednesday; traders price in small chance of 100 bps rate hike