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US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain

While the market momentum is weak on Friday, information technology (IT) company stocks are the out…

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3 mins read

Wipro, L&T Infotech, Zee Entertainment, Mindtree among top losers that hit investors’ portfolio in the last one month

Some of the most valuable stocks like Wipro, L&T Infotech, Mindtree, Infoedge have witnessed hu…

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3 mins read

After HDFC twin merger, L&T might merge Mindtree and LTI to create a $22 billion IT company, says a new report

After the merger of HDFC Bank and HDFC, the street might witness another merger of two major compan…

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4 mins read

Wipro’s net profit drops 17% drop in Q1 as recession fears grip its non-US clients

Indian IT services major Wipro reported a 17% sequential drop in its net profit on recession fears.…

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2 mins read

IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore

Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…

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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…

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4 mins read

TCS tumbles and drags down to Wipro, Infosys, Tech Mahindra and LTTS with poor earnings

TCS shares were the biggest losers on Nifty 50, as its stock went down by around 4.47% in early …

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2 mins read

Top stocks to watch — Wipro, RIL, Future Retail, Reliance Capital, AU Small Finance, Biocon, Titan, and others

Indian stock-market indices are likely to start on a stronger note on Thursday, led by positive cue…

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1 min read

PeopleStrong To Recruit Resources For Wipro’s India and Middle-East Division

PeopleStrong declined to comment on the development. Wipro said it is "considering partnering with …

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7 mins read

Happiest Minds is a smaller company that does the same thing as MindTree and L&T Infotech — but clearly it is doing it a lot better

Nomura believes this momentum will continue to build as a result of ramp up in deals and partn…

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2 mins read

Snapdeal is shopping with a vengeance. And this time it’s mobile start-up Martmobi

As per a news report in The Economic Times, Hyderabad-based Martmobi's mobile-specific platform and…

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3 mins read

Tech Mahindra, Intel, Wipro and other multinationals hiring engineers

Since there is uncertainty around Covid-19 and its possible impact, more pay cuts and job cuts a…

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HCL Tech's mid-quarter guidance optimism sparks rally in TCS, Infosys, Wipro, and Tech Mahindra too

Indian IT services giant HCL Technologies’ mid-quarter review and guidance haveIT stocks rallying t…

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Banks are spending a lot on tech but the money is not going to Indian IT biggies yet

Banks in the US and Europe are shelling out more money to step up their technology game. Yet, for I…

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4 mins read

Why TCS, Infosys, Wipro and HCL Tech can expect better earnings this year ⁠— here’s what’s working for each one of them

Five of the seven Indian IT companies, analysed by broking firm Motilal Oswal, have seen an earn…

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2 mins read

Google Cloud India hires Oracle veteran Mitesh Agarwal

Google on Monday announced the appointment of Oracle veteran Mitesh Agarwal as Director of Custo…

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1 min read

Sensex falls over 160 points in early trade, Nifty slips below 17,900 — Infosys, Asian Paints, HCL Tech, Reliance Industries, Wipro, HDFC and TCS

Infosys was the top loser in the Sensex pack, shedding 1.13 per cent, followed by Asian Paints…

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4 mins read

HCL Tech and Tech Mahindra may post better earnings as Euro bank crisis affects Infosys, Wipro

The third quarter of the financial year is seasonally weak for IT companies, for some more than oth…

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4 mins read

Former Wipro and Mindtree exec’s firm Happiest Minds Tech’s ₹702 crore IPO⁠ — what works for it and what doesn’t

The IPO will remain open for subscribers until September 9. And, the company has fixed the issue…