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HCL Tech cuts FY24 revenue growth guidance to 5-6%
IT company HCL Technologies on Thursday posted a 9.9 per cent increase in consolidated net profit t…
PTI
Amazon stock has 17% upside as earnings reveal a 'new era' of profits for the tech titan, Bank of America says
Amazon reported earnings this week that beat Wall Street estimates, and BofA says there's more grow…
Yuheng Zhan
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…
Gold is outperforming tech stocks this year, and investors should keep buying, BofA says
The juxtaposition of record-high gold prices amid investor outflows from the metal is "explained on…
Matthew Fox
Tech Mahindra Q3 net falls 60% to ₹510 crore
Tech Mahindra on Wednesday reported a 60 per cent decline in net profit at Rs 510.4 crore in the th…
PTI
Adani Energy Solutions net profit down 27% to Rs 348 cr in Q3
Adani Energy Solution (AEML) on Monday posted over 27% decline in its consolidated net profit to Rs…
PTI
The AI hype train is still running at full tilt just don't ask where the profits are
Billions of dollars have flowed into AI companies, but it's still unclear if returns on this invest…
Hasan Chowdhury
Blue-collar entrepreneurs say it's getting harder to turn a profit as competition for 'sweaty startups' heats up
BI spoke to sweaty startup owners in industries such as cleaning and pest control who said they lov…
Noah Sheidlower
Tech Mahindra Q2 profit declines 61% to Rs 505 crore
IT company Tech Mahindra on Wednesday posted a 61% decline in consolidated net profit at Rs 505.3 c…
PTI
HCL Tech reports over three-fold rise in net profit at ₹3,593 crore
HCL Tech expects revenue to grow between 12-14 per cent in constant currency for the fiscal 202…
PTI
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…
Sensex, Nifty slide in Friday morning trade; IT earnings see mixed response
Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points…
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…
Use the sell-off in tech stocks as a chance to buy the dip, UBS says
"As Alphabet CEO Sundar Pichai pointed out, 'the risk of underinvesting is dramatically greater tha…
Matthew Fox
Stock market closing: Sensex dips 280 points to close in red, Nifty closes 0.27% down
HDFC Life (up by 4.36%), Tech Mahindra (up by 3.12%), BPCL (up by 2.91%), NTPC (up by 2.67%) and Ta…
Tech Mahindra’s Q3 net profit slips 5.2% on year to ₹1,297 crore
India’s sixth-largest IT services company Tech Mahindra reported a 5.2% decline in consolidated net…
RIL’s Q4 net profit of ₹19,299 crore beats analyst expectations, driven by retail
Mukesh Ambani-led Reliance Industries on Friday reported a net profit of ₹66,702 crore for the full…
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…
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 …
Slowdown in FMCG market bottomed out, rural markets show signs of improvement: HUL
FMCG major Hindustan Unilever on Thursday missed market expectations with a 10% rise in net profit …