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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 …
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…
2 mins read
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…
3 mins read
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …
PTI
4 mins read
TCS flags pain in US markets, says banking sector crisis has led to cuts in discretionary spending
Indian IT bellwether Tata Consultancy Services (TCS) struck a note of caution and flagged concerns …
3 mins read
Client meetings 'start and stop with ChatGPT' says India's largest IT company
ChatGPT and artificial intelligence in general, will play a significant role in shaping the way IT …
5 mins read
Recession in the US may cool off attrition in IT sector along with revenues
After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…
2 mins read
Tech firms TCS, Accenture, Cognizant lead LinkedIn's top large companies list
Tata Consultancy Services has topped the LinkedIn's latest list of top companies to work for in Ind…
PTI
5 mins read
New CEO of TCS Krithivasan gets a thumbs up from analysts who are betting on his experience & leadership skills
All eyes are on TCS’ CEO designate Krithi Krithivasan who is taking over the reins of India’s large…
3 mins read
Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’
In spite of the many startups laying off employees since last year, the Indian IT sector has so far…
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…
4 mins read
TCS's new CEO-designate K Krithivasan confident about doubling down on customer deliveries
Gopinathan, 52, said this is his first resignation and he has not written a resume since the ca…
PTI
3 mins read
TCS is an integral part of who I am, I’ll be a part of TCS too as it soars: Rajesh Gopinathan
Rajesh Gopinathan resigned as the CEO and MD of TCS after six years at the top of India’s largest I…
2 mins read
IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore
Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…
3 mins read
Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies
$NIFTYIT.NSE Sector at support Recovery should come in the sector with the positive results from $I…
5 mins read
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
6 mins read
Many triggers ahead for RIL to hit ₹20 lakh crore marketcap
Shares of Reliance Industries have been on a roll for several weeks, taking its market cap to ₹19.5…
6 mins read
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…
3 mins read
Banks to drive earnings growth in Q4 while IT services to report muted numbers
Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…
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…