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2 mins read
Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%
At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…
2 mins read
Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts
Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …
PTI
1 min read
TCS shares climb over 3% after earnings announcement; Market valuation jumps Rs 40,360 crore
Shares of TCS on Friday climbed over 3 per cent after the country's largest IT services player repo…
PTI
2 mins read
As earnings season begins, major companies' performance reports to decide market movement in coming days
The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…
ANI
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…
4 mins read
Wipro’s net profit drops 17% drop in Q1 as recession fears grip its non-US clients
Indian IT services major Wipro reported a 17% sequential drop in its net profit on recession fears.…
2 mins read
HCL Tech surges on better than expected earnings, Wipro hits 52-week low on disappointing Q3 guidance
HCL Tech’s shares surged a day after the company raised its earnings guidance for FY23 after a stro…
2 mins read
Sensex closes above 73,000, Nifty above 22,000 for the first time led by IT stocks
Indian benchmark indices Nifty 50 and Sensex posted record close on Monday, January 15, led by Reli…
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…
3 mins read
Cognizant’s latest earnings have a silver lining for Indian IT majors TCS, Infosys and Wipro
Nasdaq-listed Cognizant’s March quarter net profit for March quarter grew 11.5% on year to $563 mil…
4 mins read
Sensex, Nifty50 edge lower in morning trade, dragged by Infosys, Wipro and realty stocks
India’s equity markets are likely to open in the red on Wednesday amid negative cues in global mark…
1 min read
Wipro takes $14-16 million Covid-19 hit in Q4 skipping guidance and increments
The pressure of the pandemic has started to reflect in fourth-quarter earnings of IT giant Wipro.…
4 mins read
TCS’s commentary on demand dynamics pulls IT sector stocks into the red
After gaining in the early hours of trade on Tuesday, shares of IT major TCS and other IT companies…
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…
2 mins read
Wipro's share price jumps by over 1% after $117 million acquisition of Australian cybersecurity firm Ampion
The India IT major’s share price was up by 1.8% as markets opened today morning but settled at a…
2 mins read
TCS completes its fresher hiring target three months ahead of schedule but it’s not done yet
TCS had earlier said that it would hire an additional 34,000 freshers by March but it has alread…
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…
5 mins read
TCS, Infosys, Wipro and HCL Tech expected to announce more deals in the second quarter
Expectations from the India IT services sector are high in the upcoming earnings season. It is expe…
2 mins read
Top stocks to watch — RIL, Airtel, Vodafone-Idea, Infosys, Wipro, Shalby, Cipla, and others
Amidst mixed cues from the global markets, the Indian stock market is likely to open with a negativ…
3 mins read
Top stock movers — Future Retail, RIL, Infosys, Rane Brake Lining, Airtel, Vodafone-Idea, Wipro and more
Indian stock market indices Sensex and Nifty opened on a cautious note on Tuesday as market partici…