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Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%
At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…
M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss
Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…
Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts
Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …
PTI
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…
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
Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO
CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…
PTI
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…
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore
India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…
Markets record rally makes investors richer by ₹4.29 lakh crore
Investors became richer by Rs 4.29 lakh crore on Friday as markets fired on all cylinders with the …
PTI
Mahindra & Mahindra Q3 PAT climbs 14% to ₹1,528 cr
Mahindra & Mahindra (M&M) reported a 14% rise in its profit after tax (PAT) to Rs 1,528 crore for t…
PTI
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
As markets start to turn, consulting will be first to pick up: Wipro CEO
Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…
Gaining market share in automation and cost optimisation deals: Infy CEO
After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…
Wipro CEO expects revenues to rebound in the next few quarters
After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…
TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback
TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…
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…
Sensex, Nifty rebound sharply to gain over 1% on bargain hunting
Equity benchmark indices Sensex and Nifty rebounded sharply by 1% on Wednesday after sliding for th…
TechM expects $7 bn revenue run rate this fiscal, $3 bn from telecom
IT company Tech Mahindra expects to soon hit USD 7 billion revenue run rate for current fiscal year…
PTI
IT demand is ‘normalising’ after pandemic highs, says Wipro CEO
Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…