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5 mins read
TCS, Infosys, HCL Tech amongst top picks of analysts heading into the Q4 earnings season
India’s bellwether IT companies TCS and Infosys are all set to kick off the Q4 earnings season next…
3 mins read
TCS, HCL, Wipro, Tech Mahindra could help develop India's defence technology ecosystem
Today warfare is fought not just on the ground but also on the virtual battlefield. The US, Russ…
5 mins read
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
5 mins read
Overall demand scenario not changed significantly but Europe is a problem says TCS CEO
“Europe is a problem and the US whether it's a problem or not, time will tell. The overall demand s…
4 mins read
Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces
The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…
4 mins read
Infosys may beat TCS earnings even with lower deal wins in September quarter
The September quarter earnings for Infosys is expected to be bigger and better with its sustained d…
4 mins read
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…
5 mins read
Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback
Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…
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…
3 mins read
TCS profits grows at 5%, hit by salary hikes, talent churn and travel costs
Tata Consultancy Services or TCS posted a 5% growth in net profits in the first quarter of FY23 at …
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
3 mins read
Wipro CEO says dollar revenue will grow 2-4% in the next three months
Wipro’s management guidance for the March quarter is that the revenue from its IT services business…
2 mins read
Infosys president Ravi Kumar S resigns
Bengaluru based IT major Infosys informed the stock exchanges that Ravi Kumar S, president of the c…
4 mins read
TCS expected to post higher revenue and margins led by a streak of deal wins over the last three months
Tata Consultancy Services (TCS) became the second Indian company to cross the ₹10 lakh crore barrie…
2 mins read
TCS will buy back shares worth ₹18,000 crore for a price up to ₹4,500 apiece
Tata Consultancy Services (TCS) said that it would buy back shares worth ₹18,000 crore. It will off…
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…
7 mins read
These are the big deals bagged by TCS in the the last three months
The aggregate TCV for this quarter is $6 billion, adds up to $18 billion for the first three qua…
6 mins read
VanGuard deal will be the highlight of Infosys' second-quarter earnings as investors look for a hike in guidance
Infosys' biggest deal to date, valued at more than a whopping $1.5 billion, with VanGuard will be t…
2 mins read
TCS is reminding investors how much it loves bargains — CFO says COVID-19 may be the best time for M&A
Tata Consultancy Services (TCS) is open to new mergers and acquisitions even though the company is …
5 mins read
TCS, Infosys, Wipro and HCL Tech expected to announce more deals in the second quarter
Expectations from the India IT services sector are high in the upcoming earnings season. It is expe…