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Wipro CEO says dollar revenue will grow 2-4% in the next three months

Wipro’s management guidance for the March quarter is that the revenue from its IT services business…

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IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore

Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…

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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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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…

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Margin recovery likely an uphill task for Infosys after Q1 shock

India’s second largest IT services company Infosys reported a sequential decline in its net profit …

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IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs

Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…

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Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector

Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…

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Infosys is looking to hire 50,000 employees this year while expecting the attrition rate to come down

Infosys, India’s second-biggest information technology (IT) company in terms of market capitalisati…

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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…

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TCS, Infosys, and Wipro hired 2.33 lakh employees in FY22 to tame high attrition

For the last one year, the India’s as well as global information technology (IT) sector is going th…

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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…

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Infosys to report Q3 earnings today — Here’s what to expect

Furthermore, stress from weakness in the US capital market as tensions with Iran continue to ris…

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Infosys Q2 profit up 11.9% to ₹5421 crore, raises revenue forecast for FY22

The Bengaluru-based company saw its revenues rising by 20.5% to ₹29,602 crore in the quarter un…

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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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The Alpha Creators: Bank and IT stocks outperform Nifty50 in the last 11 years

Banks, which are the backbone of the Indian economy, and the IT sector have emerged as the alpha cr…

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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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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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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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Infosys, HUL, RIL drag Sensex down by 1,000 points

IT heavyweights led by Infosys, HUL and Reliance Industries dragged the Sensex down to a sharp fall…