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6 mins read
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…
6 mins read
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…
3 mins read
Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies
The report also said the Bangalore-based IT firm was expected to announce a buyback along with t…
1 min read
HCL raises full year guidance after winning a dozen new deals
HCL Technologies has met analyst expectations as it posted quarterly revenue growth of 2.3% $2,…
4 mins read
TCS, Wipro & Infosys saw a massive selloff after Walmart & Target’s revenues fell — explaining the domino effect
Azim Premji owned Wipro fell by 5.7% on May 19 to touch its lowest point yet in a year. HCL and Inf…
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…
5 mins read
TCS, Infosys, HCL Tech amongst top picks of analysts heading into the Q4 earnings season
India’s bellwether IT companies TCS and Infosys are all set to kick off the Q4 earnings season next…
5 mins read
The US dollar is expected to get stronger — that's good news for Indian IT services but not for many others
But the cumulatively strength of the industry to stay in the green h…
2 mins read
Sensex, Nifty close higher on cooling inflation data; PSU banks, metal stocks top gainers
Sensex closed 303 points or 0.51% higher at 60,261 points while Nifty50 ended 98 points or 0.55% hi…
4 mins read
TCS, Infosys, HCL Tech and peers may not feel the tumbling US dollar yet — but the dent could be twice as bad going forward
"The trade-weighted dollar has fallen 7% from its March peak, and Goldman Sachs expects the doll…
3 mins read
Here’s what to expect from HCL Tech earnings
After Tata Consultancy Services (TCS), Infosys and Wipro have already released there first-quarter …
7 mins read
Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations
Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…
2 mins read
The strength of HCL Technologies digital business will be tested just as Tech Mahindra's was
However, the stock has lost nearly 10% of its value this value even though most of the impact of…
2 mins read
Here's why analysts expect HCL Tech will outperform TCS, Infosys, and Wipro
The third quarter is generally not the strongest quarter of the year for most IT companies. Earni…
5 mins read
Three ways TCS, Infosys and other IT giants in India are trying to cut costs — but it’s not going to increase their profitability
All IT majors in India have listed a few ways — no salary hikes, reduced costs like travel and …
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…
5 mins read
Infosys to lead the pack this earnings season while margin pressure will continue for two quarters
Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …
2 mins read
HCL remains confident on 'good' quarterly growth for the rest of this financial year, declares a dividend of ₹6 per share
Its revenue grew 12.5 per cent to Rs 20,068 crore in the quarter under review, from Rs 17,841 …
PTI
4 mins read
US - Iran tensions strengthen dollar giving boost to Indian tech stocks
At the time of writing this article, Infosys was trading at ₹744.10, 1.28% higher than its ope…
4 mins read
Infosys may show faster growth than TCS in the Dec quarter, say analysts
Infosys, TCS and Wipro are among India’s top five technology services giants that will declare thei…