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3 mins read

Infosys is keen on more acquisitions, says CEO Salil Parekh

Infosys is considering further acquisitions in data analytics and SAAS areas, with potential target…

PTI   


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1 min read

Infosys market valuation jumps by Rs 20,843 crore after earnings announcement; Shares climb nearly 5%

The Infosys stock has emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.

PTI   


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Infosys Q1FY25 results: Net profits jump 7.1%, revenue beats market estimates at Rs 39,315 crore

India's IT giant's Q1FY25 net profit surged 7.1% YoY to Rs 6,368 crore, while revenue was up 3.6% t…

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1 min read

Infosys Q1 net profit rises 7.1%, hikes FY25 growth outlook

Quarter-on-quarter the company's net profit fell 20 per cent from Rs 7,969 crore in the January-Mar…

PTI   


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2 mins read

Market valuation of 7 of top-10 most valued firms jump Rs 1.72 lakh cr; TCS steals show

The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of…

PTI   


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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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6 mins read

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…

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4 mins read

Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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2 mins read

As earnings season begins, major companies' performance reports to decide market movement in coming days

The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…

ANI   


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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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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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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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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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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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3 mins read

Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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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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5 mins read

Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates

Infosys has cut its revenue guidance for the financial year by more than half. The company said on …

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2 mins read

Hiring slowed down in the IT sector this festive season: Report

Other than IT, telecom and healthcare sectors also witnessed a notable decline in hiring in October…

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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…