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Tech stocks zoom despite tough times ahead as TCS meets street estimates
Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…
Sensex, Nifty open in the red amidst weak global cues
The opening bell saw the Sensex edging lower by 206.66 points, opening at 64,957.18, while the Nift…
ANI
Responsible innovation, reskilling needed as tech cos embrace Gen AI: Industry experts
With generative artificial intelligence set to impact operations in businesses, industry experts em…
PTI
IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts
Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…
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…
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…
Wipro Q2 net profit rises 3.7% to ₹2,659 cr sequentially, but isn’t as optimistic about Q3
IT services major Wipro today reported a 3.7% sequential increase in its second quarter net profit …
Sensex, Nifty plummet as banking, metal and IT stocks drag markets down
India’s benchmark indices Sensex and Nifty50 are likely to see a gap-down opening on Friday amid he…
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…
IT biggies post 14-20% topline growth in Q3 as caution, optimism marks mixed earnings' commentary
The industry leaders said they are keeping a close watch on the global economy and cues. O…
PTI
Wipro to double fresher intake this year, promotions to be faster as employees are still jumping ship in hordes
The Bengaluru-based information technology (IT) giant Wipro just announced its financial performanc…
India's mfg PMI hits 3-month high in Nov amid expansion in production, slowdown in inflation: S&P
Manufacturing activities in India touched a three-month high in November as new orders and exports …
PTI
Not only companies, but employees too find moonlighting ‘unethical’: Indeed report
A new Indeed report reveals that 81% of the employees don’t wish to take up another job alongside t…
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 …
Stock markets inch close to 52-week highs as US inflation data cools
Sensex gained 1,000 points to 60,617 while Nifty50 rose by 290 points to 18,313 in early trade on F…
Infosys to now allow moonlighting with prior permission, say sources
Software giant Infosys softening its stand on moonlighting has allowed its staffers to take up exte…
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…
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 …
Wipro management pins hope on wider margin and new clients while revenue takes a dip
Wipro’s revenue plummeted by 5.3% in its first quarter of 2020-21 but its profits were up by 2.1% q…
Wipro, Tech Mahindra lead rout in IT stocks as recession risks loom
Frontline information technology companies have been under pressure from the start of the fiscal ye…