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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 …
Banks to drive earnings growth in Q4 while IT services to report muted numbers
Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…
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…
Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares
India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…
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
TCS, Infosys, HCL Tech amongst top picks of analysts heading into the Q4 earnings season
India’s bellwether IT companies TCS and Infosys are all set to kick off the Q4 earnings season next…
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…
Infosys shares surge after Q2 results, ₹9,300 crore buyback announcement
The sharp surge in Infosys shares comes a day after the IT major reported revenue growth on the bac…
India Inc's Q3 earnings largely meet analyst expectations, but consumption slowdown a worry
India Inc’s profitability for the December quarter – largely in line with analyst expectations – mo…
Overall demand scenario not changed significantly but Europe is a problem says TCS CEO
“Europe is a problem and the US whether it's a problem or not, time will tell. The overall demand s…
Bank earnings could see a further ramp up in Q3, say analysts
Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…
Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks
Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …
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…
Sensex, Nifty50 shed over 1% in morning trade as IT stocks plummet post Infosys and TCS’ Q4 results
India’s equity markets fell by over 1% in morning trade on Monday after a meltdown in the IT stocks…
Sensex, Nifty log biggest single-day gain in 3 yrs as exit polls predict 3rd term for Modi govt
After the exit polls predicted the return of the Modi government for the third straight term, bench…
PTI
It is attrition rates and not the wage hikes dampening Indian IT cos earnings
The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…
HCL Tech lowers revenue guidance for FY23 to 13.5-14%, Q3 revenue and profit growth beat expectations
Indian IT services company HCL Tech lowered its revenue growth guidance for FY23 to 13.5-14% in con…
Margin recovery likely an uphill task for Infosys after Q1 shock
India’s second largest IT services company Infosys reported a sequential decline in its net profit …
Unlike TCS, Infosys wants to remain flexible on WFH
Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…