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New record: Sensex breaches 73,000 level for first time; Nifty goes past 22k mark
Benchmark equity indices, the Nifty and the Sensex, hit record peaks in early trade on Monday, with…
PTI
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 …
Late buying helps Sensex jump 270 pts; RIL, ICICI Bank shine
Equity benchmark indices, the Sensex and the Nifty, bounced back from intra-day lows to settle high…
PTI
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 Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24
Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second quar…
All in a year: Equity market investors turn richer by Rs 80.62 lakh crore in 2023
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 80.62 lakh cr…
PTI
Startups in 2024: Innovation can't override a profitable bottom line
In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…
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…
Infosys stock tumbles but analysts maintain ‘Buy’ rating on Infosys despite sharp cut in revenue guidance
Shares of Infosys fell by more than 8% on Friday in line with the 9% fall in ADRs on Thursday, afte…
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
Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies
The report also said the Bangalore-based IT firm was expected to announce a buyback along with t…
Infosys raises full year guidance after the best revenue growth in at least eight quarters
Technology services giant Infosys saw its revenue grow by 7% on quarter in constant currency terms,…
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…
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, HUL, RIL drag Sensex down by 1,000 points
IT heavyweights led by Infosys, HUL and Reliance Industries dragged the Sensex down to a sharp fall…
Dalal Street tumbles in early morning trade as Infosys falls nearly 8%
The Nifty and the Sensex are dragged down by IT behemoth Infosys on Friday after the company slashe…
TCS retains No 1 spot as India’s top brand but tech sector takes a hit
The combined value of Kantar BrandZ’s top-75 Indian brands shed 4% of their value to $379 billion i…
Infosys shares tank over 9% post a disappointing Q4, analysts caution demand moderation ahead
IT services major Infosys’ shares tanked over 9% on Monday after the company’s disappointing March …
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…
Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’
In spite of the many startups laying off employees since last year, the Indian IT sector has so far…