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Infosys shares tank over 9% post a disappointing Q4, analysts caution demand moderation ahead
IT services major Infosys’ shares tanked over 9% on Monday after the company’s disappointing March …
Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance
IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24
Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second qua…
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 …
RIL’s Q4 to be driven by sustained momentum in retail business, O2C to see modest growth
Mukesh Ambani-led Reliance Industries’ March-quarter results are expected to be driven by sustained…
Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23
India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…
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 …
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…
HCL Tech projects its revenue to grow between 6-8% in FY24
Indicating that the Indian IT sector might be entering the slow lane, HCL Tech said on Thursday tha…
TCS Q4 constant currency revenue growth hits a 11-quarter low
IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…
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…
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…
Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations
Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…
Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform
Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …
Overall demand scenario not changed significantly but Europe is a problem says TCS CEO
“Europe is a problem and the US whether it's a problem or not, time will tell. The overall demand s…
Bank earnings could see a further ramp up in Q3, say analysts
Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…
Sensex, Nifty50 rally on the last day of FY23: Reliance Industries, Nestle, Infosys, ICICI Bank and Tata Motors top gainers
India’s benchmark indices Sensex and Nifty50 closed the last of FY23 on a strong note. All the sect…
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…
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…