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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
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…
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 …
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 …
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 …
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
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…
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…
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…
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…
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 …
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…
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…
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…
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…
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 …
TCS and Infosys to face least impact — Indian IT companies likely to report sharp decline in revenue during first quarter
Note: Revenue dip calculated in constant currency (CC) terms The p…
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 …
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
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…