Fri, Aug 03, 2018
IT services firm Cognizant on Thursday posted 2.97% drop in its net profit for the second quarter ended June 2018, at $456 million, hurt by non-operating foreign exchange losses on account of rupee depreciation and the initial funding of Cognizant US Foundation.
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Mon, Aug 29, 2016
Capital goods and infrastructure are among the sectors that are likely to be most impacted by the switch to the new Indian Accounting Standards (Ind AS), which is expected to induce volatility in corporate financial statements, says a Crisil report.
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