Cognizant Q2 Revenue Climbs to $5.48B; Agnikul Details Reusable Rocket Strategy

Summary

Cognizant reported a 4.5% rise in Q2 revenue to $5.48 billion, driven by strong demand in financial services, while Agnikul Cosmos is developing a reusable rocket strategy to cut launch costs by 70-80%. Anicut Capital launched a new early-stage fund targeting Rs 175 crore, and the AI sector faces scrutiny over security risks and regulatory investigations, including Microsoft's bundling of Copilot.