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HCL Tech's second quarter to see a boost from cloud adoption — analysts expect it to breach 3.5% revenue growth guidance
HCL Technologies believes its revenue is set to grow by ‘at least’ 3.5% this quarter, according to …
Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools
Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…
IT biggies post 14-20% topline growth in Q3 as caution, optimism marks mixed earnings' commentary
The industry leaders said they are keeping a close watch on the global economy and cues. O…
PTI
Tech Mahindra’s Q3 net profit slips 5.2% on year to ₹1,297 crore
India’s sixth-largest IT services company Tech Mahindra reported a 5.2% decline in consolidated net…
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…
Record breaking quarter for Indian IT services is a given — all eyes are now on guidance
It turns out that the market expects the following three months, January to March 2021, to be as…
Tech stocks zoom despite tough times ahead as TCS meets street estimates
Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…
Infosys to lead the pack this earnings season while margin pressure will continue for two quarters
Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore
India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…
The street is dumping HCL Tech shares because its employees are leaving at a faster rate than ever before
However, the stock slipped nearly 7% when the market opened for trade on Monday (Jan 17). So…
Worsening client profitability to impact IT demand says Jefferies
The decline in revenue in the IT sector during the fourth quarter was primarily attributed to a dec…
Sensex, Nifty50 edge lower amid negative global cues: Realty, metal and auto stocks decline
Indian benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Friday amid negat…
India’s techies are leaving IT firms in hordes — Here’s why
While the demand for information technology (IT) services companies remains robust with the evolvin…
December quarter likely to be a weak one for the IT sector – Infosys amongst top analyst picks
As India’s largest IT company, Tata Consultancy Services (TCS) gets ready to kick off the earnings …
HCL Tech beats guidance — clocks-in 4.5% jump in revenue during second quarter
HCL Tech has beaten guidance to clock-in 4.5% growth in revenue in constant currency during the sec…
Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr
Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valuat…
PTI
Infosys may show faster growth than TCS in the Dec quarter, say analysts
Infosys, TCS and Wipro are among India’s top five technology services giants that will declare thei…
Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23
India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…
Tech Mahindra may show signs of recovery in the second quarter — much depends on 5G and BPO business outlook
“Deal wins are likely to revert to pre-COVID levels, in our view, and the pipeline continues to …