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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
Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3
Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…
2 mins read
Gaining market share in automation and cost optimisation deals: Infy CEO
After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…
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…
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
Wipro CEO expects revenues to rebound in the next few quarters
After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…
3 mins read
Infosys Q2 US dollar revenue up 2.2%; cuts upper end of guidance for FY24
Infosys has reported a 2.3% sequential growth in its constant currency revenues for the second quar…
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…
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…
5 mins read
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 …
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…
6 mins read
Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance
IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…
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…
5 mins read
Infosys stock tumbles but analysts maintain ‘Buy’ rating on Infosys despite sharp cut in revenue guidance
Shares of Infosys fell by more than 8% on Friday in line with the 9% fall in ADRs on Thursday, afte…
1 min read
HCL Tech Q3 net profit up 6.2% to Rs 4,350 cr
IT company HCL Tech reported a 6.2 per cent increase in consolidated net profit at Rs 4,350 crore, …
PTI
2 mins read
Hindalco shares slump 13% after Novelis results
Hindalco Industries shares slumped 13 per cent on Tuesday after its subsidiary, Novelis reported a …
2 mins read
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…
7 mins read
Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations
Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…
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…
1 min read
Infosys is looking to hire 50,000 employees this year while expecting the attrition rate to come down
Infosys, India’s second-biggest information technology (IT) company in terms of market capitalisati…