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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…

PTI   


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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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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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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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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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Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr

Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valua…

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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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3 mins read

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…

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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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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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3 mins read

Sensex, Nifty log biggest single-day gain in 3 yrs as exit polls predict 3rd term for Modi govt

After the exit polls predicted the return of the Modi government for the third straight term, bench…

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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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4 mins read

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 …

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6 mins read

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…

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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

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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5 mins read

India’s IT sector likely to face macro headwinds until end 2023, say analysts

India’s information technology services companies have been struggling amid heightened fears of rec…

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3 mins read

Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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5 mins read

Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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7 mins read

Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares

India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…