Cognizant, Infosys, Wipro Recovering From Indian Rain
Employees of highly-rated Cognizant Technology Solutions (CTSH), as well as Infosys (INFY), Wipro (WIT) and other tech outsourcers, are drying out after weeks of rain that flooded Chennai, India. Plenty of sun with temperatures in the 80s and 90s are forecast for Chennai to close out 2015 and start the New Year. “This will be a pretty bad quarter for Indian IT, no two ways about it,” the India Times quoted a stock analyst as saying Monday. “If