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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, 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…
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…
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…
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
Google could face a lawsuit seeking more than $100 billion in damages, but it's not all bad news for the tech giant
A federal judge's ruling opens up Google to lawsuits alleging it artificially raised ad prices. But…
Dan DeFrancesco
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…
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…
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…
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…
L&T reports ₹2,553 crore Q3 net profit, sees boost from major private capex investments
Construction and engineering behemoth Larsen & Toubro (L&T) on Monday reported a consolidated net p…
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 …
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…
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…
IT demand is ‘normalising’ after pandemic highs, says Wipro CEO
Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…
L&T Tech reports sequential growth of 4.5% in CC revenues in Q2, upgrades FY23 revenue guidance to 15.5-16.5%
The company said that it has hit $1 billion in annualized revenue run rate. It bagged a multi-milli…
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
Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback
Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…
Wipro's first quarter show points to multiple battles ahead
Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…