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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…

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4 mins read

These are the best and worst performing Nifty indices in 2022 so far

Indian stock markets have remained resilient throughout 2022 despite bouts of flash selloffs. While…

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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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1 min read

TCS Q4 FY16 results out! Revenue growth marginally beats estimates

Tata Consultancy Services has surpassed analyst expectations for the first time in seven quarters, …

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Wipro outshines TCS, Infosys and others with a 31% jump in share price over the last two months

The Indian information technology (IT) giant, Wipro, touched the ₹3 lakh crore ($41 billion) market…

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Here’s why Infosys and Wipro shares fell despite good earnings

Tech giants Infosys and Wipro have both logged in a stellar performance in their third-quarter earn…

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TCS, Infosys, HCL Tech and Wipro are riding on Accenture's high

Accenture saw its stock surge by 10% after its better-than-expected earnings on December 17. The co…

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2 mins read

Infosys’ 2019 employee bonanza: Here’s what you need to know

India's IT industry has stepped up hiring in a big way. And Infosys just set the bar higher than wh…

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Indian economy expected to grow at 7.6% in FY16

Indian economy is expected to record a five-year high growth rate of 7.6 per cent in 2015-16 on imp…

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10 mins read

Vishal Sikka leaves Infosys citing malicious, baseless personal attacks. Read his full letter here

Right now, U B Pravin Rao has been appointed as interim-managing director and chief executive. …

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1 min read

Infosys posts 13.4% rise in net profit, misses estimates

The IT major also slashed its revenue guidance for FY 2017 to 10.5-12 per cent in constant currency…

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Infosys may have impressive numbers but TCS still takes the cake. Here’s why

Despite having slower growth numbers, TCS did more new business. TCS posted incremental revenue of …

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1 min read

Infosys employees will get an average salary hike of 6 to 12% this year

Last year, the average wage hikes at Infosys were of about 6.5%, following a disappointing year for…

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With Vishal Sikka’ $11 million remuneration, Narayana Murthy's long held beliefs of compassionate capitalism have gone for a toss

However, this extension was not agreed upon by some of the promoters, who withdrew from voting on t…

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IBM India pays Rs 1 crore plus to over 130 of its employees

The revenue for IBM India increased about 10.3% from $3.11 billion to $3.43 billion in a year. The …

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Indian IT firms are spending more than ever on external subcontractors

Onsite wages are on an all-time high, visas are being rejecting like never before, and the politica…

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2 mins read

5 things to learn from Infosys’ Vishal Sikka on work culture

1. Employees can junk formals: Do you like wearing ties. Of course No! Almost everyone hates w…

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Did top Indian IT firms just face their worst ever quarter?

Top IT firms in India are facing what could be one of their worst quarterly results in the recent p…

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TCS CEO is the highest paid in Indian IT industry after Infosys’ Sikka

India's second largest software exporter Infosys paid Sikka Rs 30 crore for his first year in the c…