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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 …

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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…

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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…

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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…

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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…

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6 mins read

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…

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3 mins read

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…

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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 …

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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…

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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…

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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…

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3 mins read

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…

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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…

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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…

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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 …

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1 min read

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…

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2 mins read

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   


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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…

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6 mins read

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…

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3 mins read

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 …