Cognizant Technology Solutions Corp. has raised its 2021 revenue growth forecast to 5.6-7.6% in constant currency from the 4-7% it had estimated earlier, amid a strong business environment and deal momentum.

US-based Cognizant Technology Solutions Corp on Thursday reported a 37.60 per cent year-on-year rise in consolidated net income at $505 million for the March quarter compared with $367 million reported for the same quarter last year.

Cognizant, which has about two lakh employees in India, is also providing an additional $2 million (about ₹15 crore) in emergency funding to UNICEF in India to help address acute shortages in oxygen and deploying medical and testing supplies.

Indian information technology (IT) companies are increasingly focusing on elevating and retaining more women in leadership roles and ensuring there is diversity at the top.

In a bid to support its associates in India and their communities fight the second wave, Cognizant has launched Operation C3 – Cognizant Combats COVID-19.