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TCS GROWTH PROSPECTS
Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...- Buy, Sell or Hold: Morgan Stanley raises target price on NYKAA; Elara Capital maintains buy on Devyani InternationalBrokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious FY30 growth plans. Conversely, conc...
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
- Why market rallied today? Sensex jumps 1,074 points, Nifty closes above 24,000. 5 factors behind surgeIndian stock markets surged on Monday, with Sensex and Nifty rallying over 1% each, driven by rising hopes of a US-Iran peace deal and fall...
- India tech giants struggle to shake off $115 billion routIndia's top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectat...
- Sandip Sabharwal sees strength in financials, warns of IT sector headwindsIndia's top IT firms reported mixed earnings, grappling with near-term pressures and AI-driven structural shifts, leading to subdued growth...
- Rs 61,000 crore FII sell-off hits bank stocks. Cheap enough for you to buy now?Foreign investors divested a massive Rs 60,655 crore from Indian bank stocks in March, a significant portion of their total equity withdraw...
- TCS to increase fresher hiring further in FY26, says CHRO Milind LakkadTCS is poised to amplify fresher hiring from engineering campuses in FY26, exceeding the current fiscal year's 40,000 target. This expansio...
- Expect portfolio companies to generate at least 25% earning growth: Aveek MitraAveek Mitra says he would not look into a particular number of whether this tax collection has increased or decreased or things like that. ...
- Put in co-ordinated efforts to keep cash collections high: TCS CFO V RamakrishnanWhile Tata Consultancy Services’ revenue and margins disappointed analysts, the company’s cash collections were surprisingly robust.
- Second quarter results: Why Infosys wins this bout against TCSHere is how the two index heavyweights fared in the September quarter. TCS missed revenue estimates, with dollar sales growing at just 1.6%...
- Topline growth at IT’s fab four slows, but headcount, revenue traction bode wellOn the trailing 12-month basis, TCS and Infosys reported improved growth rate in the revenue.
- TCS Q2 profits up 23%, wins four $100 million dealsTCS said its revenues from digital stood at 28%, while operating margin was 26.5%.
- Bulls join TCS’ post-march partyTCS posted its biggest singleday gain since April 2012 on Friday.
- TCS drops 2% post poor Q1 show; analysts turn cautiousEdelweiss Securities noted that TCS has continued to post low growth and margins.
- Infosys valuations slip to lowest discount to NiftyAnalysts said the main reason for this discount is because of investors’ preference for TCS, HCL and Tech Mahindra over Infosys.
- Five things to watch out for in TCS Q2 resultsThe street is counting on India's top IT exporter to report a quarter of strong revenue growth on Thursday, as the company continues to cem...
- Five things to watch out for in TCS Q1 resultsAnalysts expect the TCS to post 3% growth quarter-over-quarter in dollar terms. It has said the quarter is tracking in line with its expect...
- IT stocks slump led by TCS, InfosysStocks of IT companies slumped on the bourses today as near-term growth prospects for these outsourcing firms looked bleak amid weak global...
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