Tech Mahindra creates automation targetsIn the last 2 months, TechM has created a 200-people strong delivery team and has given all business heads targets for yield improvement.
Infosys beats Tata Consultancy Services in revenue, volume and growth in North America in Q1For the quarter ended June 30, Infosys reported revenue growth of 4.5 per cent sequentially, the highest in 15 quarters, excluding acquisit...
Wipro to appoint new vertical heads by year-end: SourcesIndia’s third-largest software exporting firm, Wipro, will name some new vertical heads by the year-end, according to two people familiar w...
Infosys now losing close to a fifth of its workforce every year as attrition climbsFor the quarter ended June 30, attrition rose to 19.5%, up from 18.7% in the previous quarter. A year ago, Infosys had an attrition rate of...
Infosys Q1 results: Discretionary spending remains weakProducts, platforms and solutions – now a separate subsidiary – contributed 4.8% to revenue, down from 5.1% in the March quarter.
Infosys loses another VP as it's legal head Jeffrey Friedel quitsA company spokeswoman confirmed Friedel leaving the company, saying he had "moved on to pursue interests outside the company".
Infosys continues to struggle to retain senior talent; company's VP of Digital Transformation Practice quitsDavid Harrelson, VP Digital Transformation Practice at Infosys has quit and joined Crown, a Washington-based IT & communications based co.
IT stocks may return 10-20% in 2014: Viju George, Executive Director, JPMorgan"While we expect a good year business-wise for IT stocks, for the IT sector in general stock returns will be far more measured."
US companies’ IT spend may riseIT spending as a percentage of corporate profits for the US has moderated since 2008 to touch a 6-year low, raising questions as to whether...
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...
- Infosys Q4 guidance dismal: JP Morgan
JP Morgan has retained its neutral rating on Infosys Technologies and set a price target of Rs2,800 citing dismal revenue guidance for the ...
- Market overreacting to TCS results: Viju George, JP Morgan
One quarter which is relatively soft does not unnecessarily dampen the overall trend trajectory for next two or three quarters, says Viju G...
- 10% correction would make Infosys and TCS attractive buys: Viju George, JP Morgan
We are defining levels at 2200-2250 for Infosys and for TCS we are advising at 950 as an entry point for may be 1150 in mind, says Viju Geo...
- Growth of large-cap IT stocks not slowing: Viju George, JP Morgan
If you look at TCS, Cognizant and HCL, you will find that the revenue traction is quite robust, says Viju George, Executive Director, JP Mo...
- 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...
- IT majors brace themselves for a gruelling March quarter
Top IT exporters could well report the worst-ever sequential growth in revenues and profits for the March 2009 quarter.
- Infosys nosedives on lower FY09 dollar quidance
Shares of Infosys Technologies fell 13 per cent after the software exporter lowered its forecast in dollars, citing shaky global economic s...