The Bengaluru-based firm for the second consecutive quarter upped its guidance. It now expects FY25 revenue to grow in the range of 3.75-4.5 per cent. From the earlier 3 - 4 per cent
Weakness in demand evident, discretionary spends similar: IT majors
Is hosting the Olympics a good bet for India? How to decode the IT results? How do analysts interpret HDFC Bank's Q2 show? What is the Model Code of Conduct? All answers here
Infosys Q2FY24 results preview: Infosys' net profit may rise just 3.8 per cent on-year to Rs 6,252 crore, while revenue may see a 5 per cent uptick to Rs 38,437 crore
TCS Q2FY24 preview: TCS could see a 9 per cent profit growth from last year to Rs 11,396 crore
Once the range of Rs 3,380 to Rs 3,350 is conquered, TCS shares are set to hit a new historic peak. HCL Tech, meanwhile, may slip under Rs 1,000 if it fails to hold the 200-DMA
Brokerages expect TCS deal wins to be strong in a broad range of $7-10 billion in Q4, while hiring is likely to be muted
Tech Mahindra is witnessing moderation in growth, slower decision-making for projects, cuts in discretionary spending and shrinking budgets for short-term tactical deals, its management said
TCS Q3 results preview: As per brokerage estimates, TCS may post up to 18 per cent Yo revenue growth to an average of Rs 57,446 crore. The bottom line could rise 10-16 per cent to around Rs 11,046 cr
Almost all the tierI companies in the Q2 of FY23 had signalled then that though the current macro has not impacted budget in general, there are specific pockets where delay in deal closure was evident
TCS Q2 preview: The company's EBIT margins are likely to improve by 40-118 basis points on a quarterly basis due to improved pricing, operating leverage, and absorption of wage hikes
Wipro, Tech Mahindra see double-digit decline in net profit
The company has indicated that the near-term demand outlook remains strong, but senior-level client executives have started discussing a potential recession, said Nomura.
The government has declared the IT resources of ICICI Bank as 'critical information infra'. Any harm to it can have impact on national security and any unauthorised person accessing it may be jailed
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
Everest Group, a global technology researcher, says IT majors have struggled to match growth from new segments such as digital to offset slowing revenue from traditional services across verticals