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Dalal Street snaps record-breaking run on profit-taking; Sensex drops 168 pts
Benchmark equity indices, the Sensex and the Nifty, declined on Monday due to profit-taking by inve…
Nifty, Sensex recover after slow start in morning trade
Benchmark equity indices, the Nifty and the Sensex, recovered in the first hour of trade after a sl…
PTI
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
Friday cheer on D-Street as Nifty and Sensex are off to a flyer
The Indian stock market continued its upward momentum as it opened on a positive note on Friday, wi…
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 quar…
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…
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 …
Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes
The March quarter earnings season will begin next week with the results of major information techno…
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…
More employees are leaving Infosys, Tech Mahindra than TCS and Wipro
Shares of information technology (IT) firm Tech Mahindra slumped nearly 4% on February 2 as investo…
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 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…
Indian stock markets tank after investors rush to book profits
Indian stock markets recorded a significant decline due to the profit-booking in financial, IT and …
PTI
Strengthening your legal practice: How advanced research tools are changing the game
Building capabilities is essential for any organisation to thrive, and the legal sector is no excep…
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…
Stock markets fall after two days of rally: IT majors among top laggards
Indian benchmark indices faced volatility in early trading on Thursday as profit-taking emerged and…
PTI
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…
Worsening client profitability to impact IT demand says Jefferies
The decline in revenue in the IT sector during the fourth quarter was primarily attributed to a dec…
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
Sensex, Nifty50 edge lower in morning trade as metal, IT and banking stocks decline
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Thursday amid negativ…