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4 mins read

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 …

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2 mins read

UltraTech Cement’s Q4 net profit falls 32% to ₹1,666 crore, declares dividend

UltraTech Cement’s Q4 net profit fell 32% to ₹1,666 crore as compared to ₹2,461 crore in the same q…

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Bajaj Auto Q4 net profit falls 2% YoY to ₹1,433 crore

Bajaj Auto’s Q4 standalone net profit fell to ₹1,433 crore, down by nearly 2% YoY. Rising input cos…

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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…

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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.…

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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…

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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   


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ICICI Pru Life Q2 net declines 55% to ₹199 cr

ICICI Prudential Life Insurance Company (ICICI Pru) on Saturday reported over 55 per cent dip in it…

PTI   


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Wipro showcases best Q4 results in a decade and eyes double digit growth next year

Wipro just posted its best-ever fourth quarter results in a decade, according to CEO Thierry Delapo…

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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…

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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…

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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…

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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…

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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…

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1 min read

Infosys, Wipro, HDFC Bank and other stocks to watch out for on April 15

The Indian stock markets could open on a negative note on April 15 after the massive ending in the …

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4 mins read

Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender

During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…

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1 min read

Wipro Q2 consolidated profit up by 17% to ₹2,930.6 crore

Wipro said that it has surpassed $10 billion (around ₹75,300 crore) annualised revenue run rate…

PTI   


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5 mins read

TCS, Infosys, HCL Tech amongst top picks of analysts heading into the Q4 earnings season

India’s bellwether IT companies TCS and Infosys are all set to kick off the Q4 earnings season next…

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Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore

India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…

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Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates

Infosys has cut its revenue guidance for the financial year by more than half. The company said on …