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1 min read

Infosys net profit declines 7.3% to ₹6,106 crore in Q3

IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…

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Infosys to acquire semiconductor design company InSemi for ₹280 crore

Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embe…

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5 mins read

IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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2 mins read

Gaining market share in automation and cost optimisation deals: Infy CEO

After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…

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3 mins read

TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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6 mins read

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…

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5 mins read

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…

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5 mins read

Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates

Infosys has cut its revenue guidance for the financial year by more than half. The company said on …

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Sensex rises 267 points; Nifty gains for 5th day on buying in Reliance, Infosys

Benchmark Sensex advanced 267 points while Nifty closed higher for the fifth day in a row on Wednes…

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2 mins read

Unlike TCS, Infosys wants to remain flexible on WFH

Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…

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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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3 mins read

Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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5 mins read

Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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Infosys stock tumbles but analysts maintain ‘Buy’ rating on Infosys despite sharp cut in revenue guidance

Shares of Infosys fell by more than 8% on Friday in line with the 9% fall in ADRs on Thursday, afte…

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7 mins read

Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations

Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…

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5 mins read

December quarter likely to be a weak one for the IT sector – Infosys amongst top analyst picks

As India’s largest IT company, Tata Consultancy Services (TCS) gets ready to kick off the earnings …

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4 mins read

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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6 mins read

Many triggers ahead for RIL to hit ₹20 lakh crore marketcap

Shares of Reliance Industries have been on a roll for several weeks, taking its market cap to ₹19.5…

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2 mins read

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…

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3 mins read

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…