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Top six IT firms add 5,400 employees in Q1, led by TCSThe number was skewed by India’s largest firm, Tata Consultancy Services, which made its biggest quarterly addition in three years, hiring ...- Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driv...
- Two Trades for Today: A leading airline for a 4.35% rise, a mid-cap IT services stock for an almost 7% upmoveOur technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
- Buy LTIMindtree, Emmvee and RR Kabel once market selloff eases: LKP’s Rupak DeNifty’s fall below its 50-day EMA signals rising bearishness, with 23,600 emerging as crucial support. Rupak De warns a breakdown could tri...
- Nifty in oversold territory; pullback to 24,000 possible: AnalystsThe Nifty 50 has declined and is now near oversold levels. Analysts suggest a potential pullback towards 24,000 if support at 23,600 is mai...
- Eternal Q1 profit jumps 4x; Meta blocks Delhi protest contentEternal reported a significant jump in its revenue and profit for the first quarter of FY27. This and more in today’s ETtech Top 5.
- IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
- Clients seek up to 40% discount on IT contractsThis trend is likely to persist for the next two-three years, according to industry watchers. It was also reflected in the flattish sequent...
- Tech Mahindra Q1 Results: Net profit rises 28% YoY to Rs 1,465 crore, revenue up 18%Tech Mahindra announced a consolidated net profit of Rs 1,465 crore for the first quarter. This represents a substantial 28% increase compa...
- Buoyed by Q1 show, Indian IT shrugs off IBM shockIndian technology stocks demonstrated resilience on Wednesday, defying IBM's significant overnight decline. Depressed valuations and positi...
- Tax project delay hurt Q1 results, AI-led deflation behind us, says LTM’s LambuFinancial services and technology, which together account for 57% of revenue for India’s sixth largest IT service firm, each grew more than...
- Elevation’s new India fund; InsuranceDekho charts D-Street pathHappy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech ...
- HCLTech’s Q1 net profit rises 20% to Rs 4,624 croreThe Noida-headquartered company reported a 12% growth in revenue year-on-year for the April-June period to Rs 34,579 crore, although it gre...
- LTM shares jump 3% as Q1 results meet Street estimates. Here's what Nomura, Nuvama, and other brokerages sayLTM reported a 17% year-on-year net profit increase for the April-June quarter. Revenue from operations also saw an 18% year-on-year rise d...
- TCS, HCL Tech, Infosys, other IT stocks rally up to 6%, Nifty IT surges 4%. Here's whyIT stocks led by TCS, HCL Technologies and Infosys rallied sharply on Monday, lifting the Nifty IT index nearly 4% despite weakness in the ...
- LTM keeps headcount steady at 87,886 in June quarter as hiring remains cautiousLTM ended the quarter with a stable workforce, showing improved employee utilization. The company reported strong financial performance wit...
- Buy, Sell or Hold: JM Financial initiates coverage on IndoStar Capital Finance; Emkay maintains Accumulate on D-MartBrokerages remained selective in their latest stock calls, backing Avenue Supermarts, LTM and IndoStar Capital Finance despite macro uncert...
- LTM profit jumps 17% to Rs 1,468 crore in April-June quarterLTM chief executive Venu Lambu declared AI revenue separately for the first time in the earnings call, at $150 million for the quarter, in ...
- Navi eyes Rs 3,000-crore IPO; inside IT CEOs’ paySachin Bansal’s Navi is preparing to return to the public markets by the March quarter of FY27. This and more in today’s ETtech Morning Dis...
- IT corner offices land massive hikes, cubicles get single digitsAnnual report disclosures of Tata Consultancy Services (TCS), Infosys, Tech Mahindra, and LTM showed the ratio of CEO compensation to media...
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