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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…
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…
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
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…
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…
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…
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 …
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…
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…
TCS shareholders cheer share buyback and strong growth
The software exporter that crossed $25 billion in annual revenue, with three months to spare in …
Tech Mahindra’s Q3 net profit slips 5.2% on year to ₹1,297 crore
India’s sixth-largest IT services company Tech Mahindra reported a 5.2% decline in consolidated net…
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…
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…
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 …
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…
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…
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…
TCS shares fall nearly 3% after earnings announcement
At the NSE, it declined 2.70 per cent to Rs 3,230.10 apiece. It was the biggest laggard am…
PTI
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…
TCS says this was their strongest autumn in nine years thanks to COVID
Tata Consultancy Services (TCS) has beaten market expectations and delivered another winning perfor…