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INFOSYS PRODUCTIVITY GROWTH
Top 5 IT services companies see 3.3% staff productivity boost in Q1; Wipro the only laggard as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
MFs push back on Zepto valuation; PEs take AI betsHappy Monday! Zepto's IPO pricing expectation has run into resistance from top mutual funds. This and more in today's ETtech Morning Dispat...
IT price wars squeeze Infosys out of three multi-million dollar accountsInfosys said last week that loss of a large European client weighed on its first-quarter revenue growth. The Bengaluru-based company, India...
HCLTech to set up Rs 14,257 crore AI data centre in Odisha with SarvamHCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The init...
Infosys shares fall 3% as JPMorgan downgrades stock, Jefferies cuts target after Q1 resultsInfosys shares fell after global brokerages turned cautious following the company's Q1 FY27 results and a cut to the upper end of its reven...
Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
Infosys ADRs fall over 4% as Q1 revenue guidance cut overshadows profit growthInfosys ADRs fell over 4% after the IT major trimmed the upper end of its FY27 revenue growth guidance despite reporting higher June-quarte...
Infosys Q1 Results: Profit rises 12% YoY to Rs 7,769 crore; co trims upper-end revenue forecastInfosys Q1 Results: IT services major Infosys reported 12% year-on-year (YoY) growth in its consolidated net profit at Rs 7,769 crore in th...
India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
Contract manufacturer Naturis Cosmetics raises Rs 100 crore led by Sharrp VenturesNaturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturing facility in Vapi, an experience ...
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...
TCS shares jump over 3% after Q1 results. What are Morgan Stanley, Citi and other brokerages saying?TCS shares climbed 3.5% after the IT major reported a 5% year-on-year rise in Q1FY27 net profit to Rs 13,349 crore and a 14% increase in re...
Fundamentum launches Rs 2,200 crore growth fund with Nandan Nilekani as anchor LPNandan Nilekani will be anchoring Fundamentum Fund III with what the firm described as his largest investment in a venture capital firm. Th...
How to trade TCS shares before Q1 results? Key levels and 5 things to watch out forTCS shares exhibit weak technical momentum before upcoming Q1 results. Analysts anticipate flat sequential revenue growth and a profit incr...
TCS shares dip 2% ahead of Q1 earnings today. What can shareholders expect?Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit ...
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buyingIndia's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience signific...
Kusumgar IPO Day 2: GMP at 38%, Rs 650-crore issue sees strong investor interestKusumgar IPO GMP Day 2: The IPO received a solid response on Day 1, with the issue subscribed 3.45 times against the 1.14 crore shares on o...
TCS Q1 Preview: Can the IT bellwether earnings give hope to investors holding the battered stock?TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing ...
TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloffIndian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a...