|Day's Range||15.03 - 15.21|
|52 Week Range||13.42 - 19.76|
|PE Ratio (TTM)||16.25|
|Dividend & Yield||0.38 (2.50%)|
|1y Target Est||N/A|
The implementation of the Goods and Services Tax (or GST) is expected to boost India's medium-term economic growth above 8%, according to government data.
Swapana Bhosale was stunned when she found out earlier this month she was losing her job at tech services provider Cognizant Technology Solutions in India. “Pulling people out of projects to sack them is unheard of in our industry,” said Bhosale, who demanded to be fired rather than resign so she can take legal action. Cognizant and peers like Infosys Ltd. and Wipro Ltd. won’t disclose how many jobs they cut, but it appears the industry is going through one of the largest retrenchments in its three-decade-plus history.
Technology companies in India are in the midst of a massive restructuring drive that has employees worried over the future of the sector.