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5 mins read
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…
3 mins read
US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain
While the market momentum is weak on Friday, information technology (IT) company stocks are the out…
5 mins read
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
4 mins read
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…
2 mins read
Sensex, Nifty50 halt 9-day rally, Infosys slumps over 9%
Equity benchmark indices Sensex and Nifty buckled under selling pressure after nine-session rally o…
PTI
4 mins read
Gap between IT sector’s leaders and laggards to widen further in FY24, says Kotak Institutional Equities
The gap between the leaders and laggards in the Indian IT sector is expected to widen further in FY…
6 mins read
Indian economy to recover faster than developed markets – Nifty50 may end 2023 at 19,500
Even if the world slips into a recession, India is expected to see much lower contraction in eco…
4 mins read
Why TCS, Infosys, Wipro and HCL Tech can expect better earnings this year — here’s what’s working for each one of them
Five of the seven Indian IT companies, analysed by broking firm Motilal Oswal, have seen an earn…
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 …
3 mins read
TCS, Infosys, HCL Tech, and Wipro have different reactions to the slowdown in banking, financial services, and insurance
HCL Technologies was the only Indian IT company this quarter to report double-digit growth of banki…
3 mins read
Sensex, Nifty50 log declines to close the week in red – IT, PSU banks and energy stocks drag
India’s benchmark indices Sensex and Nifty50 logged a decline to end the week in red after selling …
2 mins read
Slowdown hasn’t affected deal wins yet but seeing softness in long-term deals: TCS
IT major TCS on Monday said that it has not yet seen any caution that’s being exercised by clients …
5 mins read
Three ways TCS, Infosys and other IT giants in India are trying to cut costs — but it’s not going to increase their profitability
All IT majors in India have listed a few ways — no salary hikes, reduced costs like travel and …
3 mins read
Tech Mahindra may show signs of recovery in the second quarter — much depends on 5G and BPO business outlook
“Deal wins are likely to revert to pre-COVID levels, in our view, and the pipeline continues to …
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 …
3 mins read
It’s not just the DWS deal, Morgan Stanley's outlook has painted HCL Tech green — along with TCS, Infosys and Wipro
"The acquisition will add around 1% to the company's top line in FY22E and will also help the co…
3 mins read
Wipro, Tech Mahindra lead rout in IT stocks as recession risks loom
Frontline information technology companies have been under pressure from the start of the fiscal ye…
5 mins read
Infosys to lead the pack this earnings season while margin pressure will continue for two quarters
Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …
2 mins read
TCS, Infosys, Wipro continue their downward slide into a 52-week low
The fear of the US slipping into recession has imploded the valuations of Indian IT companies. The …
3 mins read
Infosys COO Pravin Rao set to retire, company to announce new structure soon
"We have already put together what we look into in terms of our structure, we will announce it …