AI boom pushes Cognizant out of Nasdaq-100 after two-decade run | Bengaluru News

Cognizant’s exclusion reflects its relative market capitalisation rather than its recent operating performance Bengaluru: Despite posting a strong first quarter and raising its full-year outlook, Cognizant is set to be dropped from the Nasdaq-100 Index after more than two decades, making way for a new crop of companies benefiting from the artificial intelligence boom.The IT…

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Textile companies look to tap into prospects offered by FTAs | Chennai News

CHENNAI: Free trade agreements offer the Indian textile industry a significant opportunity to expand its share in the EU, UK, and other markets, as they boost competitiveness. Large players, including Gokaldas Exports, KPR Mill, Arvind, Welspun Living, Vardhman Textiles, and Pearl Global Industries, have signaled export growth in these markets. Some, such as Trident and…

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