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4 mins read

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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2 mins read

Stock market today: Nifty, Sensex open in green; Wipro, Tech Mahindra take lead in early trade

During early morning trade, Eicher Motors, Wipro, Tech Mahindra, HCL Tech and ONGC were leading, wh…

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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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HCL acquires majority stake in vernacular edtech platform GUVI

IT major HCL on Thursday said it has acquired a majority stake in vernacular edtech platform GUVI -…

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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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3 mins read

Responsible innovation, reskilling needed as tech cos embrace Gen AI: Industry experts

With generative artificial intelligence set to impact operations in businesses, industry experts em…

PTI   


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Azim Premji and Shiv Nadar lose $20 billion of their personal wealth – thanks to the Great Indian IT meltdown

Fears of a global economic slowdown – worse yet, a recession – have caused a meltdown in IT compani…

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6 mins read

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…

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4 mins read

Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…

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2 mins read

New record: Sensex breaches 73,000 level for first time; Nifty goes past 22k mark

Benchmark equity indices, the Nifty and the Sensex, hit record peaks in early trade on Monday, with…

PTI   


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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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2 mins read

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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5 mins read

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…

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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

Sensex jumped 234 points, Nifty rallied 111 points with buying in IT counters, RIL

Benchmark equity indices Sensex and Nifty rallied for a second straight session on Monday following…

PTI   


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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'…

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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…