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TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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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…

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TCS revenue growth to slowdown in FY24: Fitch Ratings

Credit rating agency Fitch Ratings on Thursday said Tata Consultancy Services Limited's (TCS) reven…

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Sensex breaches 66,000 mark as Dalal Street hits fresh highs

Continuing with their bull run, Indian stock indices touched fresh highs Thursday morning and in th…

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Slowdown hasn’t affected deal wins yet but seeing softness in long-term deals: TCS

IT major TCS on Monday said that it has not yet seen any caution that’s being exercised by clients …

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Infosys has beaten TCS in constant currency revenue growth in four of the last five years

Even as it delivered disappointing March quarter results, the Salil Parekh-led Infosys has beaten i…

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Base case for Nifty50 by Dec 2024 is 23,000, says Pranav Haridasan of Axis Securities

Markets like consistency and predictability, which is why companies like HDFC Bank, TCS and Infosys…

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TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback

TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…

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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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Nifty, Sensex end flat but midcap and smallcap indices record biggest single-day fall in 2023

​​Benchmark Indian indices, the Sensex and the Nifty, opened at a record high on Tuesday morning bu…

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TCS to report solid revenue growth, margin expansion in Q2 aided by strong deal execution, rupee depreciation

The earnings season for the July-September quarter will kick off with IT major Tata Consultancy Ser…

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Markets headed for time correction as most of the optimism may be misplaced

India may face fewer headwinds compared to some other developed countries but the domestic economy …

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4 mins read

TCS flags pain in US markets, says banking sector crisis has led to cuts in discretionary spending

Indian IT bellwether Tata Consultancy Services (TCS) struck a note of caution and flagged concerns …

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The deadly 3G of Indian equities – FPIs will have to pay double the price to join party again, says Nilesh Shah of Kotak AMC

​​​India is the toast of the world at this moment. From steady macros to foreign investments, the i…

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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…

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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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Overall demand scenario not changed significantly but Europe is a problem says TCS CEO

“Europe is a problem and the US whether it's a problem or not, time will tell. The overall demand s…

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Worsening client profitability to impact IT demand says Jefferies

The decline in revenue in the IT sector during the fourth quarter was primarily attributed to a dec…

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Hiring in the IT sector plunges by 66% in FY23

Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…

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After delivering 25 bps hike in repo rate, RBI to change its stance on April 6, say economists

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to change its stance …