Thursday, November 02, 2006

Cognizant to spend $200 million on expansion

Information technology service provider Cognizant Technology Solutions Corp. (CTSH.O: Quote, Profile, Research) on Thursday said it would spend $200 million through 2008 to expand its infrastructure in India.

The company will spend the money on land acquisition, construction and furnishings in Chennai, Coimbatore, Hyderabad, Kolkata and Pune
source: reuters.com

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