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3 mins read

Markets extend gains for 5th session; Sensex revisits 74k

Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim…

PTI   


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2 mins read

Markets may open slightly lower on mixed cues from Asian markets

Indian markets may open slightly lower today mirroring mixed cues from global markets that remained…

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4 mins read

TCS tumbles and drags down to Wipro, Infosys, Tech Mahindra and LTTS with poor earnings

TCS shares were the biggest losers on Nifty 50, as its stock went down by around 4.47% in early …

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5 mins read

Infosys to lead the pack this earnings season while margin pressure will continue for two quarters

Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …

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3 mins read

Tech Mahindra may show signs of recovery in the second quarter — much depends on 5G and BPO business outlook

“Deal wins are likely to revert to pre-COVID levels, in our view, and the pipeline continues to …

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2 mins read

Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr

Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valuat…

PTI   


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1 min read

Tech Mahindra sees sharp slowdown in all verticals except media and entertainment

One of India’s top five IT services firms, Tech Mahindra, has seen a sharp slowdown in April-June 2…

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2 mins read

Nifty, Sensex soar to new closing highs as bull run continues

The Sensex and Nifty touched new highs, with gains in all sectors in intra-day trade. Analysts attr…

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3 mins read

Tech Mahindra's attrition rate is nearly twice that of TCS

At a time when information technology (IT) companies are enjoying overwhelming demand for digital t…

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2 mins read

Tech Mahindra likely to be the worst-hit of all the Indian IT services giants in first quarter

The April through to June was expected to be a washout for the IT companies as clients turned cauti…

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3 mins read

TCS, Infosys and Wipro take a lot of heart from Accenture's blockbuster earnings

The market has been raving about the tech super cycle for a while now and guess what, US-listed IT …

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3 mins read

Tech Mahindra shares are rising ahead of earnings because every two out of five rupees in revenue come from telecom⁠

The pessimism, worsened by the spread of COVID-19 coronavirus pandemic, has reflected in t…

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3 mins read

US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain

While the market momentum is weak on Friday, information technology (IT) company stocks are the out…

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2 mins read

The strength of HCL Technologies digital business will be tested just as Tech Mahindra's was

However, the stock has lost nearly 10% of its value this value even though most of the impact of…

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4 mins read

Infosys may show faster growth than TCS in the Dec quarter, say analysts

Infosys, TCS and Wipro are among India’s top five technology services giants that will declare thei…

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3 mins read

All the new deals signed by Tech Mahindra in the last three months

Tech Mahindra booked new deals worth $3.7 billion in the last year. According to the company’s CEO …

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4 mins read

IT majors cut down hiring by half despite high attrition

Three out of four major Indian IT companies have announced their Q2 FY23 results. While the demand …

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2 mins read

Markets extend rally to the eight consecutive day, led by IT, healthcare and auto stocks

Equity benchmarks Sensex and Nifty extended rally for the eighth straight session on Wednesday, pro…

PTI   


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HCL Tech and Tech Mahindra may post better earnings as Euro bank crisis affects Infosys, Wipro

The third quarter of the financial year is seasonally weak for IT companies, for some more than oth…