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6 mins read
Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution
Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…
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…
3 mins read
Responsible innovation, reskilling needed as tech cos embrace Gen AI: Industry experts
With generative artificial intelligence set to impact operations in businesses, industry experts em…
PTI
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…
1 min read
Nifty, Sensex trade flat after climbing in early trade
After the first hour of trade on Dalal Street, the NSE Nifty and the BSE Sensex, have failed to sus…
3 mins read
Tech stocks zoom despite tough times ahead as TCS meets street estimates
Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…
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…
2 mins read
Sensex jumps 418 pts to 6-month high on positive domestic macro data, firm global equities
Indian benchmark indexes, Sensex and Nifty, rose as investors remained optimistic about the global …
PTI
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 …
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…
4 mins read
Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces
The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…
5 mins read
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
3 mins read
Sensex, Nifty50 rise for third straight session; Power Grid, IndusInd Bank, Nestle top gainers
Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on We…
PTI
5 mins read
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…
4 mins read
Sensex, Nifty50 edge lower amid negative global cues: Realty, metal and auto stocks decline
Indian benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Friday amid negat…
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…
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…
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…
5 mins read
Infosys, HCL Tech, TCS stocks rally on cooling US inflation data
Infosys, HCL Technologies, Tata Consultancy Services (TCS) and other IT company stocks rallied on F…
1 min read
HCLTech to hire 1,000 people in Brazil, open next-gen tech centre
Tech firm HCLTech on Wednesday announced plans to hire 1,000 people in Brazil in the next two years…