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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…
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…
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 …
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…
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 …
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…
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…
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…
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…
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…
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…
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…
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…
PTI
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…
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…
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…
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…
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…
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…