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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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6 mins read

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…

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2 mins read

Sensex, Nifty close higher on cooling inflation data; PSU banks, metal stocks top gainers

Sensex closed 303 points or 0.51% higher at 60,261 points while Nifty50 ended 98 points or 0.55% hi…

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TCS, Infosys, L&T triplets tank on US troubles — wiping $10 billion off tech wealth

Indian tech giants TCS, Infosys, L&T's tech triplets and other stocks tanked, reflecting a global m…

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HCL, Infy, TechM among top gainers as markets open sharply higher

Indian markets surged in early trade mirroring cues from global markets; and a fall in crude oil pr…

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Infosys could remain the ‘vendor of choice’ even if recession comes, say analysts

This is a part of the tech meltdown that is seen in the US as well. Both these falls are trigger…

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3 mins read

Here's what you can expect from TCS, Infosys, Wipro and peers this quarter

The halt of economic activity in India along with global containment measures to handle the Coro…

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3 mins read

Wipro, Tech Mahindra lead rout in IT stocks as recession risks loom

Frontline information technology companies have been under pressure from the start of the fiscal ye…

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2 mins read

Reliance Retail reports a second consecutive quarter of declining profits

Reliance Retail — a subsidiary of Reliance Industries Limited (RIL) — has reported its best quarter…

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Indian markets open in the green – RIL, M&M gain while Nifty IT, Infosys decline

The Indian stock markets could see a volatile opening on July 22 as Japan, Australian and South Kor…

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1 min read

Rupee falls 13 paise to 81.43 against US dollar

Sustained foreign fund outflows further dented investor sentiments, forex traders said. At th…

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4 mins read

TCS tumbles and drags down to Wipro, Infosys, Tech Mahindra and LTTS with poor earnings

TCS shares were the biggest losers on Nifty 50, as its stock went down by around 4.47% in early …

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5 mins read

Infosys to lead the pack this earnings season while margin pressure will continue for two quarters

Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …

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2 mins read

TCS, Infosys, Wipro continue their downward slide into a 52-week low

The fear of the US slipping into recession has imploded the valuations of Indian IT companies. The …

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TCS, Infosys, Wipro and other IT companies' dream run could be over, say analysts

Indian information technology stars’ dream run in the post-pandemic era could be slowing down, with…

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2 mins read

Weaker rupee might turn things around for TCS, Wipro and Infosys

The Indian government is trying to rein in the fall of the rupee’s value against the US dollar, tha…

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3 mins read

Cognizant’s latest earnings have a silver lining for Indian IT majors TCS, Infosys and Wipro

Nasdaq-listed Cognizant’s March quarter net profit for March quarter grew 11.5% on year to $563 mil…

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1 min read

Wipro's profit and margin fall even as its digital business grows

However, on a yearly basis, the company’s operating profits have fallen by 5%. IT services …

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7 mins read

DMart shares fall over margin decline and slow recovery in footfalls

Shares of Avenue Supermarts fell over 3% in the first half today, after the retail chain reported a…