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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% …

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5 mins read

Recession will be an opportunity for IT services firms focused on transformation: Mphasis CEO

Companies focused on maintaining legacy technology platforms will have to battle cost take-outs as …

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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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4 mins read

Mphasis aims to be a $10 billion company in the next 3-5 years ⁠— that's twice its current size

The Blackstone-backed Indian information technology (IT) player, Mphasis, is looking to enter the b…

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Gap between IT sector’s leaders and laggards to widen further in FY24, says Kotak Institutional Equities

The gap between the leaders and laggards in the Indian IT sector is expected to widen further in FY…

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2 mins read

Mphasis to provide multi-cloud experiences to customers with VMware Tanzu

Mphasis has rolled out an Innovation Lab for VMware Tanzu to drive hybrid and multi-cloud experienc…

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4 mins read

Sustainability forum: How the tech sector continues to enable sustainability transitions in India

From efficient ESG management to net-zero carbon emissions, Indian tech companies are gradually rai…

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7 mins read

There are one of only 17 Indian companies out of 500 that aced the Du Pont test

Du Pont Corporation in America used a method to calculate the return on equity⁠— which shows how pr…

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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…

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4 mins read

Mid-tier IT companies expected to outperform the big guns

Indian mid-tier IT companies, including L&T Technology Services, Persistent Systems, and Coforge, a…

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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…

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3 mins read

Top stock movers — Tata Motors, SBI Cards, Cochin Shipyard, Zydus Cadila, Cipla, Dr Reddy’s, MphasiS, and others

Indian stock market indices opened on a higher note on Friday, tracking gains in index majors HDFC …

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6 mins read

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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2 mins read

Cognizant faces the worst attrition rate in the industry, hires record number of employees to fill the gap

The Indian information technology (IT) industry is reeling with a very high number of employees lea…

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Walmart helps Indian exporters to grow their marketplace in US and Canada

Retail giant Walmart is helping Indian companies to strengthen its marketplace in the U.S. and Cana…

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3 mins read

ISRO becomes the fifth best place to work in India - after it jumps five spots

German software multinational SAP is the top tech workplace in India on the list, followed by Ad…

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2 mins read

Indian PE deals rose by 87% to hit $70 billion in 2021

Indian investments grew by 96 per cent over 2020 (excluding the mega deals of Jio Platforms and …

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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…

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4 mins read

HCL Tech and Tech Mahindra may post better earnings as Euro bank crisis affects Infosys, Wipro

The third quarter of the financial year is seasonally weak for IT companies, for some more than oth…

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1 min read

Know why Mphasis will re-badge its 2000 employees

It should be noted that Mphasis has already sold two-thirds of its domestic business to Hinduja Glo…