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TCS INFOSYS TECHM
JPMorgan turns cautious on IT, sees growth headwinds aheadJPMorgan anticipates challenges for Indian IT firms over the next two years, citing uncertain demand and a mix of technology and economic h...- Sensex falls over 400 points, Nifty below 23,250 amid US-Iran tensions, persistent FII sellingIndian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop w...
- Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
- Tech Mahindra CEO Mohit Joshi earns Rs 54 crore in FY25This was double the amount paid to K Krithivasan, chief of India’s largest IT services company, TCS. Joshi’s earnings were 840.22 times the...
- Tech Mahindra appoints former TCS exec to head tech, media bizSumit Kumar Popli spent over 22 years at TCS and last served as the vice president and global head of the hardware & consumer technology in...
- Growth, profitability drive up TCS, HCLTech valuationAmong the Big Five, Tata Consultancy Services (TCS) and HCLTech have enriched the loyalists, literally. The other three - Infosys, Wipro an...
- Tech Mahindra may pick CitiusTech’s Atul Soneja as COO: sourcesSoneja was heading Edge Products at Infosys when Mohit Joshi, managing director and CEO-designate at Tech Mahindra, was president at the Be...
- TCS, HCL Tech to kick-off Q1 earnings season on July 12; Infosys results on July 20Indian IT companies, including TCS, HCL Technologies, and Infosys, are set to release their earnings for the first quarter of 2023. Despite...
- TCS could announce a share buyback along with Q1 resultsTata Consultancy Services (TCS), an IT major, is expected to announce a share buyback proposal along with its quarterly results, according ...
- Rs 43,000 crore-reshuffle! Mutual funds sell 3 bank stocks to pick 5 largecapsMutual funds in India sold stakes in the country's 3 largest private banks in April, with ICICI Securities estimating that they sold over I...
- Indian IT, startups bullish on AI tech, but tread with cautionAs artificial general intelligence (AGI) continues to carry out specific tasks such as language translation and data analysis for companies...
- TechM should improve margins, says Anand Mahindra“You talked about TCS having a higher margin, I am glad you said it loudly, it’s a good thing for him (CP Gurnani) to hear,” Mahindra told ...
- Tech Mahindra to focus on bottomline as market turns more hazyTechM added Rs 950 crore cash in the December quarter, taking the total cash/equivalents to Rs 4,951 crore.
- Tech Mahindra to invest in 22 platforms, bets big on digital technologies like automation and internet-of-thingsOver the last few months, the company has said it would invest in startups, seek external funding for internal units and would partner with...
- Weak rupee to help IT companies post strong Q2 resultsThe Indian IT sector is set to post strong results in the second quarter, with TCS and Infosys leading the growth front, reckoned analysts,...
- Tech Mahindra sets up growth factories to push innovative technologiesWith a committed investment of $150 million, TechM will accelerate its transition to create “an explosion of connected IT solutions” in the...
- IT stocks still cheap despite recent surge, says Goldman SachsIT stocks have outperformed the Nifty by 12% since elections results in mid-May as investors shifted from cyclicals to defensives, the inve...
- Brokerages bullish on IT sector outlook for this yearBarclays expects March quarter results to have a growth divergence for IT cos with revenue traction for Infosys and TCS lagging that of HCL...
- AT&T, T-Mobile deal to benefit Indian IT vendorsIndian outsourcing vendors are set to gain new projects worth hundreds of millions from AT&T's acquisition of T-Mobile.
- Forex, telecom concerns dim Tech Mahindra's growth scopeTech Mahindra’s scrip has faired poorly not only during the current stock market rally but also over the past one year.
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