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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 ...- Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
- IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
- ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
- HCLTech delivered strong growth in Q3, expect momentum to continue in Q4: C VijayakumarHCLTech CEO C Vijayakumar and CFO Shiv Walia elaborate on their Q3 performance and forecast. They report improvements in the spending and d...
- HCL Tech stock slips over 9% after Q3 results. Should you buy, sell or hold?HCL Technologies shares dropped 9.23% after the company reported a 6% net profit growth for Q3 at Rs 4,591 crore. Revenue rose to Rs 29,890...
- ‘Stick to winners’ strategy guides Bernstein’s 2025 top stock picks, including Airtel & ZomatoBernstein favors top large-cap stocks like Infosys and TCS, while adding growth-focused midcaps such as Persistent and upgrading Coforge to...
- Persistent Systems buys US software firm Starfish Associates for Rs 173 crorePersistent Systems said in a statement, "Known for its cutting-edge Enterprise Communications automation platform, Starfish Associates cate...
- Fintechs, RBI consult over FLDG rules; restaurants explore options as Zomato Gold returnsFollowing the release of the Reserve Bank of India’s (RBI’s) new digital lending rules, fintechs in India have been in continuous consultat...
- Cognizant’s net income rises amid strong digital business growthThe quarterly net income, representing the bottomline performance, stood at $563 million for the quarter against $505 million a year ago. E...
- Global, Indian peers may take a cue from TCS rejig, say analystsAs per the new structure, TCS’ existing customer “acquisition” unit will bring in new clients, the new “incubation” business group will han...
- TCS posts highest-ever profit in Q3 at Rs 8,105 crore; key takeawaysAnalysts in an ETNOW poll had projected the Q3 profit at Rs 8,150 crore.
- Capgemini's iGate acquistion: Was a sellout justified after Phaneesh Murthy and Ashok Vemuri's stints?The same shareholders who backed former CEO Phaneesh Murthy on daring acquisitions, decided to sell iGate rather than run it under Vemuri.
- Tata Consultancy Services expects degrowth in its energy sectors due to fall in oil pricesFalling oil prices have led drillers and oil services companies to clamp down on their spending, hurting Indian IT providers.
- Top ten stocks to buy in volatile marketsThe markets got support from strong global cues. However, further weakness in currency and a no rate cut by RBI may play spoil sport for ma...
- 10 things to know about Infosys Q2 FY13 resultsWhile reporting in-line with estimates profit after tax (PAT) of Rs 2370 crore, Infosys on Friday disappointed the Dalal Street by cutting ...
- Patni Q1 net jumps over two-fold to USD 33 mnIT company Patni Computer Systems on Thursday reported a jump of over two-fold in consolidated net income at USD 33.3 million for the first...
- Q4 rewarding for staff, shareholders: WiproWipro Q4 net rises 21%. Company recommended 2 bonus shares for every 3. Video: Wipro to recruit locals | Infy, Wipro, TCS in race to manage...
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