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IT sector News
Bull Vs Bear On IT Sector: Who Is Stronger In The Battle Of Bulls And Bears In IT Sector?
Wed, Aug 24, 2022
Who is stronger in the battle of bulls and bears in IT Sector? Know from Kushal Gupta and Varun Dubey.
IT stocks under pressure slips; JP Morgan downgrades Infosys, Tech Mahindra among others
Tue, Aug 23, 2022
The Information Technology sector has been dragging the market on Aug 23 amid reports of IT companies resorting to variable payout cuts.
IT companies resort to variable cuts amid pressure on margins; JP Morgan downgrades Infosys, Tech Mahindra among others
Tue, Aug 23, 2022
Information Technology (IT) sector has been dragging the market on Tuesday amid reports of IT companies resorting to variable payout cut
This IT company held back employees' variable pay - here is why
Thu, Aug 18, 2022
Two sources aware of the development told PTI that managers to the C-suite Level of the company will not get any portion of variable pay, while employee grades between freshers to team leaders will get 70 per cent of the total variable pay
HCL Technologies signs multi-year IT deal with personal care brand DSM
Mon, Jul 18, 2022
Through harnessing automation and analytics, HCL plans to enhance IT service delivery for approximately 18,000 end users across 200 sites in more than 50 countries for DSM.
TCS ranks no. 1 software and IT services company in UK again
Mon, Jul 18, 2022
TCS said on Monday it has been ranked number one by revenue among the top 30 suppliers of SITS to the UK market by 'TechMarketView'.
IT sector: Strong demand to continue, but stance remains cautious; Infosys, Tech Mahindra top buy ideas, avoid this IT stock
Sat, Jul 16, 2022
Tata Group company TCS slid to 23.1 per cent, much lower than the aspirational band of over 26 per cent which hurt the profit growth.
Information technology stocks likely to remain under pressure in near-term amid global headwinds and market volatility: Analysts
Sun, Jul 10, 2022
Reflecting the negativity, the five IT constituents of the 30-share benchmark Sensex have slumped up to 43 per cent this year.
IT companies' revenue growth to slide sharply in FY23: Report
Thu, Jul 07, 2022
The information technology services sector will see a sharp fall in revenue growth to 12-13 per cent in FY23 from 19 per cent in FY22, ratings agency Crisil said on Thursday.
Q1FY23 Preview: IT sector to report strong June quarter results; revenue growth in CC terms seen at 2-5% QoQ
Tue, Jul 05, 2022
The June quarter earnings season has begun this week and Tata Consultancy Services (TCS) will be the first major NIfty50 company and stalwart in the IT sector to announce its Q1FY23 results on Friday, July 8, 2022.
Why IT Sector In Focus? How Are Accenture Results? Watch Here
Fri, Jun 24, 2022
Why IT Sector In Focus? How were Accenture quarterly results? How is Accenture growth guidance?Know full details from Kushal Gupta.
Global inflation, lower revenue guidance & other factors force IDBI Capital to trim revenue, margins estimate of IT sector
Sat, May 28, 2022
The brokerage had pre-empted the concern in revenues mainly due to macroeconomic conditions in the fourth quarter of the financial year 2021-22.
Interesting' formula to deal with attrition in the IT sector! Watch Details Here
Fri, May 06, 2022
'Interesting' formula to deal with the increasing attrition in the IT sector! Now will be able to do 'match making' along with the job? Know what is this unique formula from Ashish Chaturvedi.
Stay away from metals; IT, banks may underperform – buy on dips in auto, says Anil Singhvi
Mon, Apr 25, 2022
The benchmark index – Sensex and Nifty50 – opened negative on Monday, each down over 1 per cent in the early morning trade.
Securden receives USD 10.5 million in Series A investment led by Tiger Global Management
Thu, Apr 14, 2022
IT security startup Securden, Inc., focusing on governance and access security has received USD 10.5 million (about Rs 80 crore) in a Series A investment led by New York-based investment firm Tiger Global Management, the company said on Wednesday.
Technology sector stocks to see a boom, says expert Sanjiv Bhasin; picks HCL Tech, Persistent Systems, Mphasis stocks for robust returns
Mon, Apr 11, 2022
Investors must keep a contrarian approach towards the stock markets in order to reap high returns, expert Sanjiv Bhasin recommends.
Jobs: Indian IT companies to hire 3.6 lakh freshers by March, says report by Unearthinsight
Fri, Feb 18, 2022
Indian IT companies are expected to hire about 3.6 lakh freshers in the services industry during the current financial year, market intelligence firm Unearthinsight said on Thursday.
Staffing woes in IT sector: Nasscom feels attrition problem may reach its peak soon
Tue, Feb 15, 2022
According to Nasscom, attrition rates in the Indian IT sector may have peaked. Vice Chairman Krishnan Ramanujam said that attrition levels appear to be plateauing or decreasing based on recent data from the top-10 IT companies, .
Nifty50 Composition: Weightage of private banks up nearly 1% in January, while IT down 1.5% MoM; SBI biggest gainer among stocks
Thu, Feb 10, 2022
The Consumer sector weightage has now declined to 9.1 per cent of the overall Nifty weight, the report added decoding the overall sectors contribution in the benchmark index.
Wipro expects to hire about 30,000 freshers in FY23
Wed, Jan 12, 2022
Amid the fast-spreading Omicron variant of the COVID virus, the company remains "very vigilant", CEO and Managing Director Thierry Delaporte said, adding that as a proactive measure, the company has decided to close its offices globally for the next four weeks