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2 mins read
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
2 mins read
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
1 min read
Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA
The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent…
2 mins read
TCS expects the BFSI needle to start moving this quarter
India’s largest IT company TCS says little has changed in terms of client sentiments on ground, as …
5 mins read
India Inc’s wage bill growth halves in Q3, close to decadal lows
The age of sharp salary hikes seems to be over. India’s top 500 listed private companies’ wage grow…
2 mins read
Effect of cyclicals: Q3 corporate earnings driven by autos & financials
Corporate India’s earnings report card for the December quarter corporate earnings a few surprises …
2 mins read
Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil
The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…
PTI
8 mins read
India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts
Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…
3 mins read
Auto and BFSI seen driving India Inc’s earnings growth this financial year
India’s top listed companies’ March-quarter earnings largely met analyst expectations, driven by st…
3 mins read
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…
3 mins read
Worsening client profitability to impact IT demand says Jefferies
The decline in revenue in the IT sector during the fourth quarter was primarily attributed to a dec…
2 mins read
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…
3 mins read
Infosys has beaten TCS in constant currency revenue growth in four of the last five years
Even as it delivered disappointing March quarter results, the Salil Parekh-led Infosys has beaten i…
2 mins read
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…
2 mins read
Demand softness a challenge in the near term but don’t see major cancellations: TCS CEO
The CEO of TCS K Krithivasan said on Wednesday that the demand for IT services to remain ‘soft’ in …
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…
6 mins read
TCS Q4 constant currency revenue growth hits a 11-quarter low
IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…
2 mins read
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…
1 min read
Zoho's ManageEngine to hire 1,000 people this year as part of expansion plans
Since 2002, the company which is the enterprise IT management division of Chennai-based Zoho Corpor…
1 min read
LTIMindtree Q1 net profit rises 4.1% to ₹1,152 crore, revenue up 14% YoY
Technology consulting and digital solutions company LTIMindtree posted a 4.1% year-on-year rise in …