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Infosys Q1 profit rises 12% and revenue 14%; Ashiss Kumar Dash to take charge next fiscalDash, 54, will succeed Salil Parekh, whose second term will end in April after over nine years at the helm of Infosys, where he grew revenu...- India's IT giants grapple with weak growth despite resilient deal momentumInfosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue ...
- Infosys headcount falls by 532 employees in June quarterThe Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit ...
- IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
- TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
- Clients seek up to 40% discount on IT contractsThis trend is likely to persist for the next two-three years, according to industry watchers. It was also reflected in the flattish sequent...
- 2 reasons why Infosys, TCS and other IT stocks are rising todayIndian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced...
- Wipro's strong deal wins offset by weak revenue and margin declineWipro reported strong order bookings but saw revenue decline and margins contract. The company's management noted no significant demand cha...
- MDR on UPI on the cards; Emergent enters unicorn clubThe government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.
- TCS’ annualised AI revenue rises to $2.6 billion in Q1The AI momentum came as TCS posted a 5% year-on-year rise in consolidated net profit to Rs 13,349 crore for the quarter ended June 30, whil...
- TCS dividend alert! Last day to buy IT bellwether's shares for interim dividend worth Rs 12. Do you own?Only those shareholders who own TCS shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares. Under the ...
- HCLTech FY guidance stays muted despite $2.4 billion deal momentumHCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significan...
- TCS shares rally 8% in 2 days. Time to buy after sharp 32% crash in 2026? Here’s what technical charts indicateTCS shares have surged 8% over the past two sessions after the IT major reported strong Q1 earnings and announced a multi-million-dollar AI...
- TCS, HCL Tech, Infosys, other IT stocks rally up to 6%, Nifty IT surges 4%. Here's whyIT stocks led by TCS, HCL Technologies and Infosys rallied sharply on Monday, lifting the Nifty IT index nearly 4% despite weakness in the ...
- TCS shares rally 6% after multi-million ABB AI deal, Q1 earnings. What’s next?Tata Consultancy Services shares climbed significantly after announcing a major AI deal. This new multi-year agreement with ABB aims to tra...
- TCS rejigs 14 top roles, creates five new units to fight AI deflationThe overhaul covers 14 leadership roles, including at five newly created business units: Travel, Transport & Hospitality; Energy, Resources...
- Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitionsTata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intellige...
- 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...
- TCS' next growth phase hinges on AI investments, not just deal momentumTata Consultancy Services reported flat dollar revenue and margin contraction in the June quarter. AI revenue shows growth but remains a sm...
- 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 ...
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