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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…

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2 mins read

HCL Tech surges on better than expected earnings, Wipro hits 52-week low on disappointing Q3 guidance

HCL Tech’s shares surged a day after the company raised its earnings guidance for FY23 after a stro…

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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…

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3 mins read

Sensex, Nifty50 close in the red after a choppy trading session: Oil & gas, bank stocks drag

Indian benchmark indices Sensex and Nifty50 declined on Thursday after a positive opening, dragged …

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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…

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2 mins read

Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr

Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valuat…

PTI   


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2 mins read

HCLTech to acquire German e-mobility tech provider for about ₹2,300 cr

HCL Technologies has signed a definitive agreement to acquire 100 per cent stake in ASAP Group, a G…

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3 mins read

Beyond just chats: Indian tech majors start bagging deals in GenAI space

Less than a year after ChatGPT was launched, Indian tech majors have started bagging generative AI …

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4 mins read

IT biggies post 14-20% topline growth in Q3 as caution, optimism marks mixed earnings' commentary

The industry leaders said they are keeping a close watch on the global economy and cues. O…

PTI   


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4 mins read

The street is dumping HCL Tech shares because its employees are leaving at a faster rate than ever before

However, the stock slipped nearly 7% when the market opened for trade on Monday (Jan 17). So…

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1 min read

HCL Tech, SBI, ICICI Bank, Indigo among stocks to watch out for on July 13

Indian markets may open higher as SGX Nifty, an early indicator of the market, was up 0.36%.Most As…

Bhakti Makwana   


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1 min read

SpiceJet, Bank of Baroda, HCL Tech among stocks to watch out for on July 12

Indian markets may open on a negative note as SGX Nifty, an early indicator of the market, was down…

Bhakti Makwana   


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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 …

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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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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…

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3 mins read

TCS, Infosys and Wipro take a lot of heart from Accenture's blockbuster earnings

The market has been raving about the tech super cycle for a while now and guess what, US-listed IT …

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4 mins read

Sensex, Nifty50 edge up in morning trade led by banking and metal stocks

Benchmark indices Sensex and Nifty50 are likely to open on a firm note on Thursday despite mixed cu…

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3 mins read

Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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3 mins read

Infosys slides 9% on poor March quarter earnings, other IT stocks follow suit

IT giant Infosys disappointed investors as the stock of the company plunged nearly 9% on poor Jan-M…

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4 mins read

Meeting the aspirations of 1.4 billion Indians

The writer argues that India's population is a good thing, but that it will not automatically turn …