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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…
Infosys reports 4% revenue growth in constant currency, announces ₹9,300 crore worth buyback of shares
India’s second largest IT services company Infosys reported a 4% growth sequentially in its revenue…
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…
UltraTech Cement’s profit tumbles 42% YoY to ₹756 crore due to higher power, raw material costs
India’s largest cement manufacturer UltraTech Cement today reported a 16% rise in second quarter re…
RIL’s Q4 to be driven by sustained momentum in retail business, O2C to see modest growth
Mukesh Ambani-led Reliance Industries’ March-quarter results are expected to be driven by sustained…
BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices
The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 fi…
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…
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…
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…
Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24
Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second quar…
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…
Moonlighting is fine as long as it is unrelated to what we do for our clients, says L&T Tech
At a time when moonlighting is generating a hot debate in the IT sector, L&T Tech says that it is f…
Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance
IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…
Wipro Q2 net profit rises 3.7% to ₹2,659 cr sequentially, but isn’t as optimistic about Q3
IT services major Wipro today reported a 3.7% sequential increase in its second quarter net profit …
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 …
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…
HCL Tech lowers revenue guidance for FY23 to 13.5-14%, Q3 revenue and profit growth beat expectations
Indian IT services company HCL Tech lowered its revenue growth guidance for FY23 to 13.5-14% in con…
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…
India Inc's Q3 earnings largely meet analyst expectations, but consumption slowdown a worry
India Inc’s profitability for the December quarter – largely in line with analyst expectations – mo…
HCL Tech projects its revenue to grow between 6-8% in FY24
Indicating that the Indian IT sector might be entering the slow lane, HCL Tech said on Thursday tha…