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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   


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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…

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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…

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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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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…

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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 …

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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…

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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…

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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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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…

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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…

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2 mins read

Markets rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%

From the Sensex basket, Tech Mahindra jumped over 12.50 per cent after the IT services company'…

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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…

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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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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…

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4 mins read

Sensex, Nifty50 edge up in morning trade led by banking and metal stocks

Benchmark indices Sensex and Nifty50 are likely to open on a firm note on Thursday despite mixed cu…

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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…

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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…

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4 mins read

Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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6 mins read

HCL Tech lowers revenue guidance for FY23 to 13.5-14%, Q3 revenue and profit growth beat expectations

Indian IT services company HCL Tech lowered its revenue growth guidance for FY23 to 13.5-14% in con…