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BFSI DEAL ANNOUNCEMENTS
US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- India’s realty equity inflows hit record $30.7 billion between 2024-Q1 2026Between 2024 and early 2026, India’s real estate landscape witnessed an astonishing influx of over $30 billion in equity capital, showcasin...
- IT majors' shares fall following mixed results, weak outlookIndian IT stocks faced significant pressure following mixed quarterly results from major players like Infosys. While TCS reported profit gr...
- Infosys ADRs crash nearly 6% in pre-market after Q4 resultsInfosys' US-listed ADRs dropped nearly 6% despite a strong March-quarter profit rise of 21% YoY to Rs 8,501 crore. While revenue surpassed ...
- Persistent Systems shares shed over 4% after Q4 results: Here's what Nomura and other brokerages saidPersistent Systems shares fell up to 4% after Q4 results despite reporting strong earnings growth. Net profit rose nearly 34% YoY to Rs 529...
- HCL Tech Q4 Preview: Will growth surprise investors after weak Wipro earnings?HCL Technologies is poised for a mixed March quarter, anticipating steady year-on-year growth but a sequential dip due to software seasonal...
- Why Motilal Oswal’s BFSI fund is betting big on capital market ecosystem: Prateek Agarwal of Motilal Oswal AMCPrateek Agarwal of Motilal Oswal AMC highlights a shift in financial sector growth from traditional banking to capital markets like AMCs, b...
- 'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%Wipro’s March quarter results missed expectations, with weak revenue growth, declining profit, and soft guidance. Jefferies highlighted slo...
- Wipro Q4 Preview: Profit may fall on margin pressures. Is buyback the only thing to cheer?Wipro is expected to report steady revenue growth but weaker profitability in the March quarter, impacted by wage hikes, acquisition-relate...
- Cautious FY27 outlook for IT sector amid macro headwinds and AI transition: Sumeet JainIndian IT firms face a period of measured growth in FY27. Global economic uncertainty and geopolitical risks are key challenges. While AI p...
- TCS shares in focus ahead of IT firm’s Q4 earnings announcement. What to expect?Investors are keenly watching TCS's earnings announcement following a significant IT stock plunge. Analysts anticipate moderate revenue and...
- US tariff jitters slow Indian IT firms’ deal momentum in first quarterTechnology deal signings have slowed in 2025 amid tariff uncertainties and reduced discretionary spending, with 10–15% of contracts delayed...
- IT counts on higher client spend to log faster growthIndia's software services industry anticipates budget increases in 2025, driven by growth in banking and financial services, AI, and cloud ...
- LTIMindtree Q2 results preview: Strong sequential CC growth seen; margins to expandLTIMindtree is expected to report strong revenue growth driven by BFSI. Revenue for Q2 may grow up to 3% quarter-on-quarter in constant cur...
- Transamerica cancels $2 billion TCS deal ahead of scheduleTata Consultancy Services said on Friday it has mutually agreed with insurance provider Transamerica to end a $2 billion contract, citing r...
- TCS shares gain ahead of Q4 results, FY19 guidanceKotak Securities expects TCS to report a constant-currency (cc) revenue growth of 1.3 per cent and cross-currency tailwind of 130 bps.
- How TCS is getting back on track to achieve double digit growthBFSI may have been slow this quarter but the Transamerica deal is the largest deal that TCS has inked
- Tech Mahindra eyes next buy in financial sectorTech Mahindra, the IT outsourcing business of India's $16.2-billion Mahindra group, is close to making a small acquisition in the financial...
- Infosys’ BFSI vertical under pressure?The largest vertical for IT major Infosys - banking, financial services and insurance (BFSI) - is increasingly looking under pressure.
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