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Cognizant to go ahead with India Investment|
- By CXOtoday Staff, Nov 21, 2008 1254 hrs IST
- Tags : cognizant, recession
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IT major Cognizant today said it is on track with its $300 million India investment plans. The company is also looking at small acquisitions in the range of $10-15 million.
R Chandrasekaran, managing director of Cognizant said, "Cognizant is not planning to slow down its overall investments. Large BFSI clients are doing well despite slowdown although currency movements are impacting revenues from Europe."
Cognizant is also planning to honour all campus offers, and is on track with headcount growth plans.
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