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1 min read

Infosys Q1 net profit rises 7.1%, hikes FY25 growth outlook

Quarter-on-quarter the company's net profit fell 20 per cent from Rs 7,969 crore in the January-Mar…

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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 qua…

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3 mins read

Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers

Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…

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2 mins read

Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts

Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …

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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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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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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 …

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3 mins read

Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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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…

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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…

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3 mins read

Wipro clocks 12% net profit in Q1; attrition rate falls

Wipro has reported a consolidated net profit for Q1FY24 at Rs 2,870 crore. The IT major has guided …

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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…

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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…

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4 mins read

Infosys shares tank over 9% post a disappointing Q4, analysts caution demand moderation ahead

IT services major Infosys’ shares tanked over 9% on Monday after the company’s disappointing March …

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1 min read

Infosys net profit declines 7.3% to ₹6,106 crore in Q3

IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…

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Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

$NIFTYIT.NSE Cmp- 27836Nifty IT index made Dragonfly doji on weekly chart, RSI divergence on chart,…

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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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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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2 mins read

Infosys had a great year but CEO Salil Parekh expects the next one to be more than twice as good

The Bengaluru-based technology services giant has issued a revenue growth guidance of 12% to 14% fo…

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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…