The report said the gap in revenue growth between Cognizant and TCS had reached to its lowest of four percentage points in the four-quarter period ended September, 'despite TCS's larger revenue base'.
The facility is considered to be one of the largest manufacturing units of the handset major.
With the volcanic clouds over the European airspace virtually shutting down global air traffic, Air India on Saturday announced cancellation of flights to Europe and North America scheduled Sunday.
IATA has said that airlines globally were 'prepared for the heightened level of alert' following the World Health Organization's decision to move to Phase 5 of its pandemic preparedness plan. The global airlines body and the WHO have prepared guidance materials for the airline staff, including cabin crew, maintenance workers, cleaners, passenger agents and cargo and baggage handlers.
The funds raised by employees were matched by an equal contribution from Wipro.
The investments would be made in the company's acquired companies, Algoma in Canada and Minnesota Steel in the US, as well as greenfield plants in Trinidad and Tobago. The groundbreaking ceremony for the first steelmaking facility in Minnesota's Iron Range was held on Sunday.
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