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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…
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…
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…
Sensex, Nifty50 shed over 1% in morning trade as IT stocks plummet post Infosys and TCS’ Q4 results
India’s equity markets fell by over 1% in morning trade on Monday after a meltdown in the IT stocks…
TCS to kick off Q3 earnings with street glued to strategy and deal commentary
IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…
Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations
Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…
TCS Q4 constant currency revenue growth hits a 11-quarter low
IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…
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…
Infosys becomes the first Indian IT major to pull out of Russia, announces $1 million humanitarian aid fund
“We have started to transition all of our work from our centres in Russia to our centres outside…
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 reports a sequential decline in net profit, but increases revenue & margin guidance for FY23
India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…
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…
Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback
Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…
Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr
Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valuat…
PTI
HCL Tech projects its revenue to grow between 6-8% in FY24
Indicating that the Indian IT sector might be entering the slow lane, HCL Tech said on Thursday tha…
RIL’s Q4 to be driven by sustained momentum in retail business, O2C to see modest growth
Mukesh Ambani-led Reliance Industries’ March-quarter results are expected to be driven by sustained…
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 …
It is attrition rates and not the wage hikes dampening Indian IT cos earnings
The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…
Margin recovery likely an uphill task for Infosys after Q1 shock
India’s second largest IT services company Infosys reported a sequential decline in its net profit …
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…