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2 mins read

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   


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3 mins read

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 …

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1 min read

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   


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5 mins read

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…

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3 mins read

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…

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4 mins read

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   


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4 mins read

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…

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7 mins read

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…

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5 mins read

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…

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4 mins read

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   


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3 mins read

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…

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2 mins read

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,…

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5 mins read

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…

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6 mins read

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…

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1 min read

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…

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2 mins read

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…

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6 mins read

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…

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4 mins read

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 …

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5 mins read

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…

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3 mins read

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…