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Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations

Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…

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Nifty retreats from its record highs to close flat

Benchmark stock indices Sensex and Nifty edged lower in a volatile trade on Friday, reversing early…

PTI   


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Moonlighting is an ethical issue says TCS HR head

TCS reported a surge in attrition rates in the September quarter – at 21.5%, it is the highest in t…

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Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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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 …

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TCS to report solid revenue growth, margin expansion in Q2 aided by strong deal execution, rupee depreciation

The earnings season for the July-September quarter will kick off with IT major Tata Consultancy Ser…

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RIL becomes first Indian company to touch ₹20 lakh crore marketcap

Reliance Industries Ltd (RIL) on Tuesday became the first Indian company to achieve a market capita…

PTI   


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Sensex, Nifty close lower amid profit-booking, mixed global cues

Equity benchmark indices Sensex and Nifty settled lower for the second straight session on Wednesda…

PTI   


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Adani may be the richest Indian but Ambani’s RIL retains the top spot on Hurun's list of most valuable companies

The Adani Group dominated the list of top value gainers this year, with five of its group companies…

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Recession in the US may cool off attrition in IT sector along with revenues

After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…

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Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore

India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…

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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 …

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Clients will try to conserve cash if they see difficult times ahead: TCS CEO

After posting its first sequential revenue drop in four years in the second quarter, TCS’ CEO paint…

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Sensex falls over 500 pts dragged by HDFC & IT shares, weak global trends

​​Stock markets declined for a second day in a row on Wednesday with benchmark Sensex closing lower…

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Sensex declines 352 points on profit taking, weak global trends

Closing in the red for the second straight session, benchmark Sensex on Monday declined 352 points …

PTI   


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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…

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TCS shares drop over 1.5% after US Dollar revenue declines in Q2

Shares of Tata Consultancy Services (TCS) fell more than 1.5% on Thursday, a day after the company …

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TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback

TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…

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Friday cheer on D-Street as Nifty and Sensex are off to a flyer

The Indian stock market continued its upward momentum as it opened on a positive note on Friday, wi…

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Sensex, Nifty trade flat in morning trade as BPCL, ONGC drag

The Indian stock market kicked off the trading session on a positive note. However, profit booking …