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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…
5 mins read
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…
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…
1 min read
Infosys Q2 profit up 11.9% to ₹5421 crore, raises revenue forecast for FY22
The Bengaluru-based company saw its revenues rising by 20.5% to ₹29,602 crore in the quarter un…
PTI
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…
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…
2 mins read
Accenture, Cognizant could see revenue growth but a strong US dollar could spoil the party
Accenture cut earnings per share for 2022 to $10.61-10.70, compared with its previous estimate…
4 mins read
TCS, Wipro & Infosys saw a massive selloff after Walmart & Target’s revenues fell — explaining the domino effect
Azim Premji owned Wipro fell by 5.7% on May 19 to touch its lowest point yet in a year. HCL and Inf…
3 mins read
Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’
In spite of the many startups laying off employees since last year, the Indian IT sector has so far…
2 mins read
Here's why analysts expect HCL Tech will outperform TCS, Infosys, and Wipro
The third quarter is generally not the strongest quarter of the year for most IT companies. Earni…
3 mins read
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 …
6 mins read
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…
4 mins read
IT biggies post 14-20% topline growth in Q3 as caution, optimism marks mixed earnings' commentary
The industry leaders said they are keeping a close watch on the global economy and cues. O…
PTI
3 mins read
Infosys to report Q3 earnings today — Here’s what to expect
Furthermore, stress from weakness in the US capital market as tensions with Iran continue to ris…
3 mins read
Here's what you can expect from TCS, Infosys, Wipro and peers this quarter
The halt of economic activity in India along with global containment measures to handle the Coro…
4 mins read
US - Iran tensions strengthen dollar giving boost to Indian tech stocks
At the time of writing this article, Infosys was trading at ₹744.10, 1.28% higher than its ope…
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 …
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 …
PTI
4 mins read
Infosys may beat TCS earnings even with lower deal wins in September quarter
The September quarter earnings for Infosys is expected to be bigger and better with its sustained d…
1 min read
Cognizant is giving positive vibes to the Indian IT industry with strong revenue growth and an improving attrition rate
Nasdaq-listed information technology (IT) major Cognizant Technology Solutions has delivered its hi…