- Immigration bill likely overhang on IT stocks; Infosys to outperform: CLSA
The overhang from a proposed immigration bill in the US is likely to dominate investment discourse in Indian IT, CLSA said.
15 May, 2013, 11.03 AM IST
Q4 earnings: As 'turnaround' does a 'U'-turn, recovery remains a work in progress at InfosysDespite being more aggressive in pursuing sales growth and showing more flexibility on the pricing front, Infosys’ Q4 results were a big le...
12 Apr, 2013, 01.04 PM IST
- CLSA analyst writes an open letter to SD Shibulal berating Infosys's earnings performance
An analyst at CLSA has written an unprecedented open letter to SD Shibulal, saying the firm needs to regain investors' faith.
21 Apr, 2012, 11.21 AM IST
- Cognizant Technology is just $50 million behind TCS in the US
Tata Consultancy Services earned $1.37 billion during the quarter ending December from the country, compared to Cognizant's $1.32 billion.
10 Feb, 2012, 06.53 AM IST
Bellwether or not, Infosys beats TCS, HCL, Wipro in cash flowDuring the 9-month period from April to Dec, Infy's operating cash flow was almost 80% of revenue, compared to less than 50% each for TCS, ...
27 Jan, 2012, 02.56 PM IST
- CLSA upgrades Infosys to outperform
India's second largest software exporter, Infosys, has been upgraded to Outperform by brokerage firm, CLSA. Analysts cited the company as a...
03 Jan, 2012, 02.17 PM IST
- Wipro revenues jump 18% in Q2; Net profit rises by 1.24% to Rs 1,301 crore
Revenue for the July-September quarter increased by 18% and profit stopped forecasts, but margins came under pressure because of higher wag...
01 Nov, 2011, 04.04 AM IST
- Wipro declines 2.9%; expects slow growth in FY12
Wipro reported a marginal 1% annual increase and 2.9% sequential decline in net profit to 1,335 crore for April-June quarter.
21 Jul, 2011, 03.51 AM IST
- TCS hits back at CLSA for sector downgrade, says no weakness in demand
TCS denied being impacted by UK's visa regime, stating that the Intra-Company Transfer visas that the company uses was not limited by any q...
21 Jun, 2011, 11.53 PM IST
- Nasscom sticks to its 16-18% growth forecast despite US economic woes
Nasscom remains hopeful of achieving the 16-18% growth forecast for the industry this year, even as top technology CEOs and analysts warn o...
21 Jun, 2011, 01.29 AM IST
- Outsourcing customers questioning large unused cash piles of Infosys, others
For Infosys, such customer demands mean hard rate negotiations, while iGate's debt and perceived risks give an edge to rivals' biddings.
13 May, 2011, 12.02 AM IST
- Shareholders’ returns from TCS, HCL and others dip
A look at the return on equity (RoE) figures of IT companies reveals that over the last five years there has been a significant dip in thes...
21 Apr, 2011, 12.45 PM IST
- Infosys turmoil: Will transition spell trouble for India's IT bellwether?
Displeased investors pushed the stocks down by 10 pc and many analysts were sceptical about the company’s prospects in coming months.
16 Apr, 2011, 10.01 AM IST
- Infosys profit misses forecast, stock tanks most in 2 years
Infy shares fell nearly 10%, the most since May 2009, after its sales forecast came in lower than expected and profits trailed analyst expe...
16 Apr, 2011, 02.24 AM IST
CLSA cuts Satyam's price target to Rs 25CLSA has slashed its price target for Satyam Computer to Rs 25.
07 Jan, 2009, 03.02 PM IST
- Satyam fiasco: Indian cos' image unlikely to take a hit
Satyam Computers’ aborted Maytas acquisition plan has raised a question: Has the perception of overseas investors changed toward the corpor...
19 Dec, 2008, 12.26 AM IST
- Analysts see IT cos missing their earnings estimates
Far from the revival that was expected to boost the earnings of software firms in the second half of the fiscal, the second quarter results...
08 Oct, 2008, 01.36 AM IST