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2 mins read
Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead
LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …
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
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…
3 mins read
Mindtree’s Q2 net profit rises 7.9% sequentially to ₹509 crore
Bengaluru-based Mindtree’s net profit in the September quarter rose 7.9% sequentially to ₹509 crore…
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) …
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…
1 min read
Mindtree's share jumped by over 2% after quarterly profits hit $27.7 million
On the NSE, it climbed 2.37 per cent to close at Rs 884.90.
In terms of the traded volume,…
PTI
5 mins read
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…
1 min read
Mindtree's operating profit goes up over 20% sequentially, as the Bengaluru-based IT services firm gets highest ever order book
In dollar terms, net profit rose by 64.7 per cent to USD 46.5 million while revenue grew by 22.6…
PTI
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…
2 mins read
COVID-19: Mindtree sees high single-digit decline in dollar revenue growth during Q1
"COVID-19 outbreak has been creating unprecedented level of uncertainty with major economies virtu…
PTI
3 mins read
Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies
$NIFTYIT.NSE Sector at support Recovery should come in the sector with the positive results from $I…
2 mins read
Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research
"The vehicle price hikes coupled with the cost rationalisation measures taken by OEMs to count…
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…
2 mins read
The exodus of Mindtree executives has dented earnings and now shareholders are running for the hills — over to AM Naik
As the L&T veteran and a marquee business leader in India, AM Naik, takes over as the non-ex…
2 mins read
Top stocks to watch — HCL Tech, Airtel, IndiaMart, Mindtree, AstraZeneca Pharma, Sun Pharma, Voltas, and others
Amidst mixed sentiments from the global markets, the Indian equities are likely to open flat on Fri…
4 mins read
TCS, Infosys, HCL Tech and others will gain from Microsoft, Amazon and Google spending more on technology
Indian IT stocks — like Tata Consultancy Services (TCS), Infosys, HCL Technologies and Tech Mahindr…
3 mins read
The amount of Indian insurance stocks foreign investors hold has grown ten-fold in just about a year
Foreign portfolio investors (FPI) — foreign investors who invest in shares and bonds — have been …
2 mins read
TCS, Wipro and Infosys have a problem—to take the corporate tax cut or not
India Inc is busy celebrating the Finance Minister’s corporate tax rate cut. For IT companies,…
7 mins read
Happiest Minds is a smaller company that does the same thing as MindTree and L&T Infotech — but clearly it is doing it a lot better
Nomura believes this momentum will continue to build as a result of ramp up in deals and partn…