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2 mins read
TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike
On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …
2 mins read
Demand softness a challenge in the near term but don’t see major cancellations: TCS CEO
The CEO of TCS K Krithivasan said on Wednesday that the demand for IT services to remain ‘soft’ in …
2 mins read
TCS revenue growth to slowdown in FY24: Fitch Ratings
Credit rating agency Fitch Ratings on Thursday said Tata Consultancy Services Limited's (TCS) reven…
6 mins read
TCS Q4 constant currency revenue growth hits a 11-quarter low
IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…
2 mins read
TCS expects the BFSI needle to start moving this quarter
India’s largest IT company TCS says little has changed in terms of client sentiments on ground, as …
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…
2 mins read
Slowdown hasn’t affected deal wins yet but seeing softness in long-term deals: TCS
IT major TCS on Monday said that it has not yet seen any caution that’s being exercised by clients …
1 min read
Pakistan central bank increases policy rate by 100 basis points to 21%
The State Bank of Pakistan (SBP) has increased the policy rate by 100 basis points to 21 per cent t…
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 …
3 mins read
It is attrition rates and not the wage hikes dampening Indian IT cos earnings
The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…
2 mins read
After delivering 25 bps hike in repo rate, RBI to change its stance on April 6, say economists
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to change its stance …
4 mins read
TCS Q2 net profit crosses ₹10,000 cr for the first time, reports 10% sequential growth
IT major TCS on Monday kickstarted the Q2 earnings season, crossing the ₹10,000 crore quarterly net…
2 mins read
TCS assures 70% employees will receive full variable pay
The country’s largest IT company TCS seems to have ridden past this. The company’s HR head Milind L…
3 mins read
Tech stocks zoom despite tough times ahead as TCS meets street estimates
Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…
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…
3 mins read
Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies
The report also said the Bangalore-based IT firm was expected to announce a buyback along with t…
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
Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’
In spite of the many startups laying off employees since last year, the Indian IT sector has so far…
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…
3 mins read
TCS is an integral part of who I am, I’ll be a part of TCS too as it soars: Rajesh Gopinathan
Rajesh Gopinathan resigned as the CEO and MD of TCS after six years at the top of India’s largest I…