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IT SERVICES GROWTH
L&T pushes IT and engineering arms to accelerate growth beyond 15%Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 ...
Delhivery swings to Rs 41 crore profit as revenue rises 20% in Q2The Gurugram-based company posted a net profit of Rs 41 crore during the three month period, compared to a Rs 50 crore net loss in the same...
Jio Platforms Q2 Results: Profit rises 14% YoY to Rs 8,389 crore; revenue up 11%Jio Q2 Results: Jio Platforms reported a 14% year-on-year rise in net profit to Rs 8,389 crore in Q2 FY27, its first results after listing....
Jio Q2 Preview: First results after listing. What should investors expect?Jio Platforms will announce its first quarterly results as a listed company on October 30, with brokerages expecting double-digit revenue g...
Hinduja Housing Finance appoints Vivek Kannan as CEO, takes over from managing director Sachin PillaiVivek Kannan has been appointed as the chief executive officer of Hinduja Housing Finance Limited. He succeeded Sachin Pillai, who stepped ...
ITC, RIL, HDFC Bank among top laggards as Nifty falls over 12% in 2026: Time to buy beaten-down stocks or wait for a recovery?In 2026, the Nifty 50 index faced significant drops, with 34 out of 50 stocks plummeting by as much as 34%. Analysts believe that the sell-...
India's services economy stays resilient as 17 sectors post growthIndia's services sector recorded widespread growth in August, with 17 of the 19 tracked segments expanding and 13 registering double-digit ...
IMF flags Super El Niño risks to India’s growth, says impact yet to materialiseAccording to the IMF, India continues to act as a significant growth engine within the global economy. Despite looming threats posed by wea...
Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology b...
BlackBuck Q2 profit rises 42% to Rs 41 crore, revenue up 56%The Bengaluru-based company’s revenue from operations grew 56% YoY to Rs 235 crore as compared to Rs 151 crore in the year-ago quarter. Tot...
Sagility block deal: Promoter Sagility BV likely to sell 12% stake for Rs 2,377 croreSagility promoter Sagility B.V. is reportedly planning a 12% stake sale worth ₹2,377 crore through a block deal. The healthcare IT services...
Google shares crash 13% after $9 billion cash burn sparks AI spending fearsAlphabet shares crashed 13% as third-quarter earnings missed expectations due to heavy AI spending and slowing search ad growth. Net profit...
Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectationsSoftware companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...
Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
Jio after listing: 5 factors that could drive big returns for long-term investorsJio Platforms recently debuted on the stock market with a strong initial premium over its IPO price. The company is well-positioned for gro...
IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
Infosys guidance shock may hit stock despite numbers bounceInfosys released its quarterly results, showing good revenue growth and stable operating margins. However, the management reduced the annua...
Coforge Q2 net profit jumps 56.5% to Rs 588 crore on Encora dealRevenue for the September quarter increased 53.6% year-on-year and 11.6% sequentially to Rs 6,170.8 crore. In dollar terms, revenue stood a...
Infosys ADRs crash 6% after Q2 results as revenue guidance cut spooks investorsInfosys ADRs fell 6.3% after the company lowered FY27 revenue growth guidance to 1-2%, despite September-quarter revenue beating estimates....
LTM boss sees short-tenure AI deals fuelling quicker revenue boost in H2Deal closures are also at an inflection point with LTM's sales teams targeting AI deals that are shorter tenured but generate revenue quick...