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2 mins read
HCL Tech Q1 results: Company reports better than expected results, revenue jumps 6.7% YoY
In FY25, the company expects its revenue growth to be in the range of 3-5% on a year-over-year basi…
2 mins read
Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead
LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …
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
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
5 mins read
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
2 mins read
Stock market today: Nifty, Sensex open in green; Wipro, Tech Mahindra take lead in early trade
During early morning trade, Eicher Motors, Wipro, Tech Mahindra, HCL Tech and ONGC were leading, wh…
2 mins read
HCL Tech cuts FY24 revenue growth guidance to 5-6%
IT company HCL Technologies on Thursday posted a 9.9 per cent increase in consolidated net profit t…
PTI
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
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…
3 mins read
Beyond just chats: Indian tech majors start bagging deals in GenAI space
Less than a year after ChatGPT was launched, Indian tech majors have started bagging generative AI …
2 mins read
Sensex, Nifty slide in Friday morning trade; IT earnings see mixed response
Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points…
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…
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…
2 mins read
HCLTech to acquire German e-mobility tech provider for about ₹2,300 cr
HCL Technologies has signed a definitive agreement to acquire 100 per cent stake in ASAP Group, a G…
6 mins read
HCL Tech projects its revenue to grow between 6-8% in FY24
Indicating that the Indian IT sector might be entering the slow lane, HCL Tech said on Thursday tha…
2 mins read
New record: Sensex breaches 73,000 level for first time; Nifty goes past 22k mark
Benchmark equity indices, the Nifty and the Sensex, hit record peaks in early trade on Monday, with…
PTI
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…
3 mins read
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
4 mins read
HCL Tech’s net profit rises 6.3% sequentially, company increases FY23 revenue guidance
Noida-based IT company HCL Technologies today reported a 6.2% increase in the second quarter net pr…
4 mins read
Amid risks of a slowdown, these IT companies are best placed to survive the storm
Slowdown concerns and cost-reduction mandates of clients figured in the commentary of Indian IT com…