Rajeev Mehta appointed as Cognizant president

Cognizant Technology Solutions has appointed Rajeev Mehta as president of the company. He replaces Gordon Coburn who resigned from the firm. Prior to that, Mehta was the CEO of IT services business

Japanese telecom firm NTT Communications is planning to spend around Rs 1,000 crore over the next three years in India. The company is applying for a long-distance license to interconnect its data