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1 min read

Tech Mahindra Q2 profit declines 61% to Rs 505 crore

IT company Tech Mahindra on Wednesday posted a 61% decline in consolidated net profit at Rs 505.3 c…

PTI   


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2 mins read

Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead

LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …

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4 mins read

Tech Mahindra’s Q3 net profit slips 5.2% on year to ₹1,297 crore

India’s sixth-largest IT services company Tech Mahindra reported a 5.2% decline in consolidated net…

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TCS shares climb over 3% after earnings announcement; Market valuation jumps Rs 40,360 crore

Shares of TCS on Friday climbed over 3 per cent after the country's largest IT services player repo…

PTI   


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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…

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2 mins read

Nifty Sensex breaks five-session losing trend, experts predict positive outlook this week

On Monday, the Indian stock market got off to a great start, following the positive trend in market…

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3 mins read

Global stocks rally even as Sensex, Nifty fall sharply on Friday

BSE Sensex witnessed losses exceeding 600 points on Friday due to selling pressure in financials an…

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Markets snap five-day rally, Sensex tumbles over 600 pts

Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally a…

PTI   


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2 mins read

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…

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4 mins read

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…

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1 min read

Markets climb in early deals on buying in IT stocks after TCS earnings

Equity benchmark indices rallied in early trade on Friday amid buying in IT stocks after TCS announ…

PTI   


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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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Stocks rebound: Sensex jumps over 500 points, Nifty hits fresh high

Equity benchmark indices rebounded on Thursday, with Nifty hitting its fresh all-time high and Sens…

PTI   


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3 mins read

Demand is strong but decisions are slow: Tech Mahindra CEO CP Gurnani

In rupee terms, revenue for the IT company grew 19.9% year-on-year to ₹13,735 crore while sequen…

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2 mins read

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…

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5 mins read

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…

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2 mins read

Stock markets fall for 3rd day on profit-taking, HDFC Bank major drag

The Nifty declined 109.70 points or 0.51 per cent to 21,462.25. During the day, it plunged 286.…

PTI   


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4 mins read

Moonlighting is fine as long as it is unrelated to what we do for our clients, says L&T Tech

At a time when moonlighting is generating a hot debate in the IT sector, L&T Tech says that it is f…

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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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3 mins read

Attrition is as hard to predict as death says C P Gurnani after TechM loses profits to wage hikes

A fourth of Tech Mahindra’s first quarter revenues were eaten up by employee expenses, pushing its …