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December 24, 2004
New Jersey IT outsourcing firm added to NASDAQ-100
Posted by Dominic Basulto
On December 29, Cognizant Technology Solutions (based in Teaneck, New Jersey) will be added to the Nasdaq-100 index. As the company's president and CEO pointed out, the company is "the only IT services firm on the list and... the first and only offshore firm to be included in the Nasdaq-100." The announcement actually seems to have made more of a stir in India than in the New York metropolitan area. The story has already been picked up by the Economic Times and Rediff.com.
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