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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

Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector

Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…

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5 mins read

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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5 mins read

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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2 mins read

Infosys had a great year but CEO Salil Parekh expects the next one to be more than twice as good

The Bengaluru-based technology services giant has issued a revenue growth guidance of 12% to 14% fo…

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6 mins read

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…

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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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5 mins read

Recession in the US may cool off attrition in IT sector along with revenues

After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…

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4 mins read

IT majors cut down hiring by half despite high attrition

Three out of four major Indian IT companies have announced their Q2 FY23 results. While the demand …

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1 min read

Infosys is looking to hire 50,000 employees this year while expecting the attrition rate to come down

Infosys, India’s second-biggest information technology (IT) company in terms of market capitalisati…

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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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4 mins read

Infosys second quarter earnings deliver on all fronts led by highest ever deal wins worth $3.15 billion — raises annual guidance to 2% to 3%

India’s second-largest IT services company Infosys has reported an 16.2% jump in net profits and 4%…

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5 mins read

L&T Tech reports sequential growth of 4.5% in CC revenues in Q2, upgrades FY23 revenue guidance to 15.5-16.5%

The company said that it has hit $1 billion in annualized revenue run rate. It bagged a multi-milli…

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2 mins read

Infosys gives annual guidance of up to 2% growth this year as profit plummets by 4.8% and revenue dips 2% in Q1

Infosys announced its first-quarter results today with a 2% fall in revenue as compared to the prev…

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6 mins read

VanGuard deal will be the highlight of Infosys' second-quarter earnings as investors look for a hike in guidance

Infosys' biggest deal to date, valued at more than a whopping $1.5 billion, with VanGuard will be t…

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8 mins read

Infosys reports record $7.13 billion deal wins — raises revenue guidance after its best December quarter in eight years

Infosys delivered another blockbuster quarter, led by its largest-ever deal wins so far worth $7.13…

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2 mins read

Byju’s onboards Mohandas Pai, Rajnish Kumar on its newly-constituted advisory panel

Edtech giant Byju's have announced that Rajnish Kumar and TV Mohandas Pai have accepted their invit…

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2 mins read

HCLTech to acquire German e-mobility tech provider for about ₹2,300 cr

HCL Technologies has signed a definitive agreement to acquire 100 per cent stake in ASAP Group, a G…

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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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2 mins read

Sensex, Nifty slide in Friday morning trade; IT earnings see mixed response

​​Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points…