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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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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 …

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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…

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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…

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IT demand is ‘normalising’ after pandemic highs, says Wipro CEO

Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…

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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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Jio Platforms’ Q1 PAT rises 2.3% QoQ with a flat growth in ARPU

Reliance Jio reported a 3.1% sequential growth in the net profit for the first quarter of FY24 to ₹…

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HUL Q1 earnings preview – watch out for volume growth in Q1 and commentary on demand across rural and urban

India’s largest FMCG company HUL is all set to declare its Q1 FY22 results later today. Here’s what…

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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…

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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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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…

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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…

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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…

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Bank earnings could see a further ramp up in Q3, say analysts

Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…

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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…

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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…

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Reliance Jio’s standalone Q3 net profit rises 12.2% to ₹5,208 crore

​​India's largest telecom operator Reliance Jio on Friday posted a 12.2% rise in its net profit for…

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RIL’s Q3 to be a mixed bag: Muted growth seen in O2C, robust performance projected for retail and Jio

Mukesh Ambani-led Reliance Industries’ December-quarter is expected to be a mixed bag with muted pe…

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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 …

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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…