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HCLTECH CFO RESIGNS
Republic Day to lift ecommerce sales; Shadowfax nets anchor fundsHappy Tuesday! Ecommerce sales are set to rise during this year’s Republic Day sale season. This and more in today’s ETtech Morning Dispatc...
Qcomm’s ad revenue push; Paytm swings to blackHappy Wednesday! Quick commerce firms want to make up for mounting losses with ad revenue. This and more in today’s ETtech Morning Dispatch.
Stocks in news: Federal Bank, Apollo Hospitals, JK Cement, HCL Tech, Bharat ForgeMarkets experienced a slight dip after a recent surge, with several companies making headlines. Apollo Hospitals is set for a restructuring...
US turbulence hits IT stocks; Narayana Murthy’s AI warningRecession fears in the US are impacting Indian IT stocks, which have significantly slumped from their peaks. This and more in today’s ETtec...
Top office transitions: How leadership shake-ups have changed India's IT sectorThe Indian IT sector, including companies like Wipro, Infosys, HCLTech, and Tech Mahindra, has undergone significant leadership changes, wi...
HCLTech appoints Arjun Sethi as chief growth officer for strategic segmentsArjun Sethi will report directly to CEO of HCLTech, C Vijayakumar. The filing added, “Based in New York, Sethi will leverage his deep indus...
The Great CFO Shuffle: Top execs are playing financial musical chairs in India's IT sectorIn the past year, the IT sector has seen notable CFO transitions, including Jatin Dalal's move from Wipro to Cognizant. Legal disputes over...
HCLTech CFO Prateek Aggarwal resigns, Shiv Walia announced successorPrateek, who has served the company for over a decade and has been in this role since Oct 1, 2018, will continue to be with HCLTech till Se...
Status quo on UPI market share cap; P2P lenders in focusHappy Tuesday! The market share cap on Unified Payments Interface (UPI) apps may not be implemented before the deadline. Details on this an...
Wipro CEO Thierry Delaporte quits, to be replaced by Americas chief Srini PalliaSrinivas Pallia, who was the CEO for the company's Americas 1 area, will take over as the new CEO and Managing Director from April 7, the c...
Stocks in news: Jio Financial, HCL Tech, DMart, Tata Consumer, Angel OneAvenue Supermarts reported strong numbers for the quarter ended December, with the consolidated net profit rising 17% year-on-year (YoY) to...
IT stares at slowest quarterly revenue growth in a decadeThe third-quarter results season will begin with TCS and Infosys announcing their results on January 11, followed by HCLTech and Wipro on J...
Indian $245 billion IT sector swallows tougher terms amid scramble for contractsThat is forcing companies including Tata Consultancy Services, Infosys and HCLTech to accept contract conditions such as guaranteeing minim...
Amidst a funding winter, large startups show healthier balance sheets; and other tech stories this weekWhile some startups have shown profits, even those who haven’t been able to get into the black yet reported strong revenue and Ebitda numbe...
Govt plans stricter rules to deter betting apps; Indian cricket jerseys fly off ecommerce shelvesTo curtail the spread of illegal online gambling and betting via offshore platforms in the country, the Centre is planning to tighten the r...
TCS CEO on jobs scandal, $2 billion deal cancellation & more; Byju’s announces key appointmentsOK, Tata. A day after India’s largest tech company Tata Consultancy Services (TCS) kicked off the earnings season with subdued numbers, CEO...
Rajnish Kumar, Mohandas Pai join Byju’s advisory council; Wipro net profit up in double digitsTroubled edtech major Byju’s said it has appointed Rajnish Kumar, former SBI chief, and ex-Infosys CFO Mohandas Pai to its Board Advisory C...