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4 mins read
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…
1 min read
LTIMindtree Q2 net profit declines as profit margin contracts
The country's sixth biggest IT services company by revenues, LTIMindtree, reported a decline in Sep…
PTI
2 mins read
All decks cleared for LTI’s merger with Mindtree
Larsen & Toubro (L&T) Group on Monday said that National Company Law Tribunal (NCLT) …
3 mins read
After HDFC twin merger, L&T might merge Mindtree and LTI to create a $22 billion IT company, says a new report
$LTI.NSE $MINDTREE.NSE The L&T group is expecting the merger of these 2 subsidiary companies ve…
3 mins read
US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain
While the market momentum is weak on Friday, information technology (IT) company stocks are the out…
1 min read
Mindtree planning to set up development centre in Kolkata: CEO
The IT services firm has already onboarded 1,700 people in its existing facility in the West…
PTI
2 mins read
India sealed M&A deals worth $104.3 bn this year, raised $6 bn from IPOs
India Inc signed 1,149 deals valued at $104.3 billion in the first half of this year, amid global u…
3 mins read
Stock market closing: Reliance, ONGC rally, HDFC and Titan amidst laggards
HDFC Bank (down by 4.5%), Titan (down by 1.90%), LTI Mindtree (down by 0.85%), Tata Steel (down by …
1 min read
Sell-off in Indian stocks continues for the third session
The Indian stock markets closed on Tuesday with the third successive weak session in line with glob…
ANI
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 …
2 mins read
Stock markets close in the green amidst buying in heavyweights and mixed global cues
Indian benchmark indices closed higher on Tuesday as investors bought into large-cap stocks like HD…
6 mins read
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…
4 mins read
IT stocks rally on core market pick up hope but is the sector out of the woods yet
Shares of IT services companies have been gaining momentum, with the Nifty IT index rising by 9.7% …
4 mins read
FPIs pump ₹9,677 crore into financial services and auto stocks in April
Foreign portfolio investors (FPI) have started FY24 on a positive note, with strong inflows observe…
5 mins read
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…
2 mins read
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…
1 min read
Elon Musk fires Twitter employee who corrected him on the platform
"I have spent 6 years working on Twitter for Android and can say this is wrong," he had said…
5 mins read
IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts
Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…
3 mins read
Sensex, Nifty50 open marginally lower tracking mixed cues from global markets
Indian benchmark indices opened slightly lower on Tuesday tracking mixed cues from global markets. …
2 mins read
L&T aims to become carbon neutral by 2040 and here's how
The company aims to use less fossil fuels and in turn commits to plant 1 million trees every yea…