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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…

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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…

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4 mins read

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   


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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…

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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…

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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…

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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 …

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6 mins read

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…

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3 mins read

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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2 mins read

TCS shareholders cheer share buyback and strong growth

The software exporter that crossed $25 billion in annual revenue, with three months to spare in …

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4 mins read

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…

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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…

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6 mins read

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…

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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 …

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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…

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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…

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4 mins read

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…

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1 min read

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   


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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…

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3 mins read

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…