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5 mins read
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
5 mins read
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…
5 mins read
Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools
Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…
4 mins read
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
3 mins read
Wipro CEO says dollar revenue will grow 2-4% in the next three months
Wipro’s management guidance for the March quarter is that the revenue from its IT services business…
2 mins read
Sensex and Nifty open in the green: Wipro, M&M and Bajaj Auto top gainers
The Sensex opened 73.11 points up at 72,517.06, while the Nifty began 42.50 points higher at 22,082…
ANI
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
Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks
Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …
4 mins read
Tech Mahindra’s Q3 net profit slips 5.2% on year to ₹1,297 crore
India’s sixth-largest IT services company Tech Mahindra reported a 5.2% decline in consolidated net…
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…
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.…
1 min read
Wipro shares climb nearly 3%; mcap jumps ₹5,933 cr
Shares of Wipro climbed nearly 3 per cent on Friday after the company's board announced a share buy…
PTI
2 mins read
Stock market today: India VIX up by 3%, NTPC, BPCL take lead in early morning trade
Ahead of the budget, which is set to be presented tomorrow, all broad market indices opened the day…
4 mins read
Competitive intensity a big risk for DMart say analysts after company misses Street’s Q3 forecast
Post the Q3 earnings of Avenue Supermarts, analysts have flagged concerns due to increasing competi…
3 mins read
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…
4 mins read
Mid-tier IT companies expected to outperform the big guns
Indian mid-tier IT companies, including L&T Technology Services, Persistent Systems, and Coforge, a…
3 mins read
Wipro wants some freshers to clear this new programme or face termination
Bengaluru-based IT services company Wipro now requires some freshers to clear Project Readiness Pro…
5 mins read
December quarter likely to be a weak one for the IT sector – Infosys amongst top analyst picks
As India’s largest IT company, Tata Consultancy Services (TCS) gets ready to kick off the earnings …
2 mins read
Wipro posts stable quarter — profit rises 3.2% with revenue guidance of 1.5% to 3.5% over the next three months
Wipro saw its profits gain 3.2% over the last three months to hit ₹2,466 crore. Revenue also recove…
1 min read
TCS vs Infosys vs Wipro Q3 results – here’s how India’s three IT giants stack up against each other
The troika of Indian IT service giants, TCS, Infosys and Wipro announced their quarterly results on…