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3 mins read
Wipro's first quarter show points to multiple battles ahead
Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…
1 min read
Indian stock indices hit fresh high; eyes now on inflation data, Q4 earnings
Indian stock indices started Monday's trade in the green and hit their fresh highs, extending posit…
ANI
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
TCS to flag off the earnings season — here’s what to expect
Tata Consultancy Services (TCS) kicks off the corporate earnings season this Friday, with analysts …
3 mins read
TCS says no footprint of recession in the near-term, but deal sizes are shrinking
TCS did not win any billion dollar deal in the June quarter, with new deal wins down to $8.2 billio…
5 mins read
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…
5 mins read
Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates
Infosys has cut its revenue guidance for the financial year by more than half. The company said on …
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
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
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…
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…
4 mins read
Sensex, Nifty50 shed over 1% in morning trade as IT stocks plummet post Infosys and TCS’ Q4 results
India’s equity markets fell by over 1% in morning trade on Monday after a meltdown in the IT stocks…
2 mins read
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…
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 …
2 mins read
As markets start to turn, consulting will be first to pick up: Wipro CEO
Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…
2 mins read
HCL Tech surges on better than expected earnings, Wipro hits 52-week low on disappointing Q3 guidance
HCL Tech’s shares surged a day after the company raised its earnings guidance for FY23 after a stro…
2 mins read
Unlike TCS, Infosys wants to remain flexible on WFH
Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…
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…
5 mins read
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…
2 mins read
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…