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TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike

On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …

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1 min read

TCS net profit rises 9% to ₹12,434 crore in Q4

Country's largest software services company TCS on Friday reported a 9.1 per cent growth in its Ma…

PTI   


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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, …

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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   


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Sensex, Nifty hit record highs as HDFC, TCS rise

Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, …

PTI   


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As markets start to turn, consulting will be first to pick up: Wipro CEO

Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…

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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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TCS shares decline marginally in morning trade

Shares of Tata Consultancy Services marginally declined in the morning trade on Friday, a day after…

PTI   


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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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Friday cheer on D-Street as Nifty and Sensex are off to a flyer

The Indian stock market continued its upward momentum as it opened on a positive note on Friday, wi…

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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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Unlike TCS, Infosys wants to remain flexible on WFH

Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…

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4 mins read

Tata Technologies IPO to open on November 22, price band fixed at ₹475-500

Tata Technologies’ ₹3,042 crore initial public offer (IPO) will open for subscription on November 2…

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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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Demand softness a challenge in the near term but don’t see major cancellations: TCS CEO

The CEO of TCS K Krithivasan said on Wednesday that the demand for IT services to remain ‘soft’ in …

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TCS assures 70% employees will receive full variable pay

The country’s largest IT company TCS seems to have ridden past this. The company’s HR head Milind L…

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TCS kicks off earnings season by declaring dividend and matching analyst's muted expectations

TCS has reported a growth of 16.8% to ₹11,074 crore in net profit and a 12.5% rise in revenue from …

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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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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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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…