Francisco D’Souza, chief executive officer of Cognizant Tech Solutions Corp. (Photographer: Daniel Acker/Bloomberg)

Cognizant Cuts Full Year Revenue Guidance Again, Second Quarter Profit Falls 40%

US-based Cognizant has posted a 40 percent decline in net profit to $252.4 million (around Rs 1,600 crore) for June quarter on higher provisioning for taxes and cut its annual revenue guidance, hig...