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2 mins read
Stock market closes in red amid intraday volatility
The BSE Sensex finished 34.73 points lower, settling at 79,441.45, while the NSE Nifty declined by …
ANI
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…
5 mins read
TCS, Infosys, Wipro and other IT companies' dream run could be over, say analysts
Indian information technology stars’ dream run in the post-pandemic era could be slowing down, with…
2 mins read
Ready for AI-driven future, says Wipro as it commits to $1 billion investment
Indian IT giant Wipro has pledged $1bn to enhance its artificial intelligence (AI) capabilities ove…
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…
3 mins read
Investors' wealth soars ₹28.65 lakh crore in three days of market recovery after rout
Investors' wealth has soared by ₹28.65 lakh crore in the three-day rally to Friday in the stock m…
PTI
6 mins read
Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution
Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…
6 mins read
TCS retains No 1 spot as India’s top brand but tech sector takes a hit
The combined value of Kantar BrandZ’s top-75 Indian brands shed 4% of their value to $379 billion i…
5 mins read
Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback
Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…
2 mins read
70-plus Indian startups show exit door to 21K techies, more pink slips coming
As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…
4 mins read
HCL Tech beats Wipro to become India’s third largest IT company
Shiv Nadar's HCL Tech has beaten Azim Premji's Wipro to become the third largest IT company in Indi…
2 mins read
TCS, Infosys, Wipro continue their downward slide into a 52-week low
The fear of the US slipping into recession has imploded the valuations of Indian IT companies. The …
1 min read
Hurun Global 500 of 2021: Wipro, Asian Paints and HCL enter the list
Wipro, Asian Paints and HCL Technologies are among the new entrants to the top 500 ranking from Ind…
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…
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 …
2 mins read
Sensex rebounds 367 pts on firm global trends, snaps 2-day falling streak
Benchmark equity indices Sensex and Nifty closed over half a per cent higher on Monday, snapping th…
PTI
2 mins read
Wipro fears it may lose its employees to competitors as there is an explosion of IT jobs
Wipro saw an uptick in employees walking out the doors between January and March as compared to the…
3 mins read
Two in three CEOs in India expect a recession in 12 months says survey
Two in three Indian CEOs are expecting a recession in the next 12 months, according to a new report…
5 mins read
Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations
Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…
6 mins read
Record breaking quarter for Indian IT services is a given — all eyes are now on guidance
It turns out that the market expects the following three months, January to March 2021, to be as…