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HCL Q1 net profit rises 7% YoY on back of new order wins
On a quarter-on-quarter basis, the net profit fell 11 per cent, when compared to Rs 3,983 crore ear…
PTI
The race in Big Tech to sell customers on AI products is heating up
AWS is stepping up its AI sales strategy as the industry looks to get a return on the big bets they…
Dan DeFrancesco
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…
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…
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…
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…
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…
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…
'Winner take most': Here's what Wall Street is expecting from Amazon's Q1 earnings report
"We are optimistic that AMZN will be one of the 2-3 winners from GenAI," Needham analysts wrote.
Jennifer Sor
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…
M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss
Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…
Welcome back to Wall Street earnings season
Among other things, bankers and investors will be keeping an eye out for updates on Jamie Dimon's r…
Jordan Parker Erb
New age technology companies back in the spotlight after Q3 performance
There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…
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
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…
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…
TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback
TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…
Paytm records revenue growth of 38% YoY in Q3FY24
Paytm has announced its October-December quarter earnings showing a strong growth momentum led by h…
ANI
Mid-tier IT companies expected to outperform the big guns
Indian mid-tier IT companies, including L&T Technology Services, Persistent Systems, and Coforge, a…
As markets start to turn, consulting will be first to pick up: Wipro CEO
Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…