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4 mins read

TCS, Wipro & Infosys saw a massive selloff after Walmart & Target’s revenues fell — explaining the domino effect

Azim Premji owned Wipro fell by 5.7% on May 19 to touch its lowest point yet in a year. HCL and Inf…

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2 mins read

Markets rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%

From the Sensex basket, Tech Mahindra jumped over 12.50 per cent after the IT services company'…

PTI   


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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…

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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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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   


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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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HCL Tech beats Wipro to become India’s third largest IT company

Shiv Nadar's HCL Tech has beaten Azim Premji's Wipro to become the third largest IT company in Indi…

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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…

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3 mins read

Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies

The report also said the Bangalore-based IT firm was expected to announce a buyback along with t…

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4 mins read

Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore

India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…

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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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2 mins read

HCL Tech took just 9 months to cross its annual revenue target of $10 billion

India’s third largest IT services company by market capitalization, HCL Tech has posted a strong qu…

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Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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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   


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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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3 mins read

TCS, HCL Tech and Wipro ring the bell – It’s time to return to office

After over two years of work from home (WFH), Indian IT companies are “encouraging” employees to re…

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2 mins read

HCL, Infy, TechM among top gainers as markets open sharply higher

Indian markets surged in early trade mirroring cues from global markets; and a fall in crude oil pr…

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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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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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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 …