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2 mins read
Stock market indices kick off trading day with stability, witnessing a mix of gains and losses
The Sensex began the day with a modest rise of 2.05 points, opening at 73,097.27, while the Nifty a…
ANI
1 min read
Nifty retreats from its record highs to close flat
Benchmark stock indices Sensex and Nifty edged lower in a volatile trade on Friday, reversing early…
PTI
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…
1 min read
Markets fall in early trade on profit-taking, foreign fund outflows
Benchmark equity indices declined in early trade on Tuesday, halting their three days of rally, on …
PTI
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…
1 min read
Wipro Q2 consolidated profit up by 17% to ₹2,930.6 crore
Wipro said that it has surpassed $10 billion (around ₹75,300 crore) annualised revenue run rate…
PTI
2 mins read
Sensex and Nifty open in the green: Wipro, M&M and Bajaj Auto top gainers
The Sensex opened 73.11 points up at 72,517.06, while the Nifty began 42.50 points higher at 22,082…
ANI
2 mins read
Sensex closes above 73,000, Nifty above 22,000 for the first time led by IT stocks
Indian benchmark indices Nifty 50 and Sensex posted record close on Monday, January 15, led by Reli…
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
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…
2 mins read
Sensex falls over 500 pts dragged by HDFC & IT shares, weak global trends
Stock markets declined for a second day in a row on Wednesday with benchmark Sensex closing lower…
5 mins read
Recession in the US may cool off attrition in IT sector along with revenues
After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…
4 mins read
HCL Tech’s net profit rises 6.3% sequentially, company increases FY23 revenue guidance
Noida-based IT company HCL Technologies today reported a 6.2% increase in the second quarter net pr…
3 mins read
TCS, HCL Tech and Wipro ring the bell – It’s time to return to office
After over two years of work from home (WFH), Indian IT companies are “encouraging” employees to re…
4 mins read
IT majors cut down hiring by half despite high attrition
Three out of four major Indian IT companies have announced their Q2 FY23 results. While the demand …
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
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…
2 mins read
Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3
Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…
2 mins read
Wipro has clocked in its highest margin in over five years
Wipro has posted a strong performance in its third-quarter earnings as its business grew across ver…
1 min read
Markets give up early gains; trade lower on profit-taking
Equity benchmark indices climbed in early trade on Thursday but later gave up all the gains to quot…