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Infosys market valuation jumps by Rs 20,843 crore after earnings announcement; Shares climb nearly 5%
The Infosys stock has emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.
PTI
Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts
Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …
PTI
Infosys is keen on more acquisitions, says CEO Salil Parekh
Infosys is considering further acquisitions in data analytics and SAAS areas, with potential target…
PTI
Infosys net profit declines 7.3% to ₹6,106 crore in Q3
IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…
PTI
Infosys to acquire semiconductor design company InSemi for ₹280 crore
Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embe…
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
Infosys delays onboarding of 2,000 graduates for more than 2 years, NITES files complaint
The Nascent Information Technology Employees Senate (NITES) lodged a complaint against Infosys for …
Gaining market share in automation and cost optimisation deals: Infy CEO
After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…
TCS shares climb over 3% after earnings announcement; Market valuation jumps Rs 40,360 crore
Shares of TCS on Friday climbed over 3 per cent after the country's largest IT services player repo…
PTI
TCS to kick off Q3 earnings with street glued to strategy and deal commentary
IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…
IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts
Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…
Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers
Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…
Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution
Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…
Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates
Infosys has cut its revenue guidance for the financial year by more than half. The company said on …
Markets climb in early deals on buying in IT stocks after TCS earnings
Equity benchmark indices rallied in early trade on Friday amid buying in IT stocks after TCS announ…
PTI
As earnings season begins, major companies' performance reports to decide market movement in coming days
The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…
ANI
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…
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…
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…
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…