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6 mins read

Record breaking quarter for Indian IT services is a given ⁠— all eyes are now on guidance

It turns out that the market expects the following three months, January to March 2021, to be as…

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2 mins read

Cognizant guidance gets peer stocks like HCL Tech and Tech Mahindra buzzing

Shares of the information technology companies rose today as Cognizant reported a strong June quart…

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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…

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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…

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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…

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1 min read

HCL Tech beats guidance — clocks-in 4.5% jump in revenue during second quarter

HCL Tech has beaten guidance to clock-in 4.5% growth in revenue in constant currency during the sec…

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2 mins read

HCL Tech expects 2% growth for the rest of the year despite a hard knock in Q1 and no new large clients

​HCL announces Q1FY21 results and issues annual guidance. Its revenue plummeted by 7.2% and profit …

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3 mins read

HCL Tech's mid-quarter guidance optimism sparks rally in TCS, Infosys, Wipro, and Tech Mahindra too

Indian IT services giant HCL Technologies’ mid-quarter review and guidance haveIT stocks rallying t…

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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 …

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4 mins read

Amid risks of a slowdown, these IT companies are best placed to survive the storm

Slowdown concerns and cost-reduction mandates of clients figured in the commentary of Indian IT com…

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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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4 mins read

HCL Tech's second quarter to see a boost from cloud adoption — analysts expect it to breach 3.5% revenue growth guidance

HCL Technologies believes its revenue is set to grow by ‘at least’ 3.5% this quarter, according to …

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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…

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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

Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations

Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…

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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…

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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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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…

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3 mins read

US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain

While the market momentum is weak on Friday, information technology (IT) company stocks are the out…

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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 …