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3 mins read
Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes
The March quarter earnings season will begin next week with the results of major information techno…
4 mins read
IT biggies post 14-20% topline growth in Q3 as caution, optimism marks mixed earnings' commentary
The industry leaders said they are keeping a close watch on the global economy and cues. O…
PTI
4 mins read
TCS, Wipro & Infosys saw a massive selloff after Walmart & Target’s revenues fell — explaining the domino effect
Azim Premji owned Wipro fell by 5.7% on May 19 to touch its lowest point yet in a year. HCL and Inf…
2 mins read
Sensex snaps four-session winning streak with a 224 point fall
The 30-share index rebounded more than 1,200 points from the early lows before settling at 60,34…
PTI
3 mins read
Margin recovery likely an uphill task for Infosys after Q1 shock
India’s second largest IT services company Infosys reported a sequential decline in its net profit …
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 …
5 mins read
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…