Accenture's AI business takes center stage in quarterly results beatIT services major Accenture unveiled a $4 billion share buyback on Thursday, closing the fourth quarter with better-than-expected results t...
26 Sep, 2024, 07.35 PM IST
Accenture unveils $4 bln share buyback as AI powers strong fourth quarterly revenueAccenture Q4 Results 2024: Accenture, headquartered in Dublin, exceeded analyst forecasts by reporting a fourth-quarter revenue of $16.41 b...
26 Sep, 2024, 05.16 PM IST
TCS Q2 net profit up 9%, announces Rs 17,000 crore share buybackRevenue rises 8% but remains flat QoQ; CEO Krithivasan underlines demand slump
12 Oct, 2023, 09.16 AM IST
Wipro board to consider interim dividend on 25 March“The meeting of the Board of Directors is scheduled to be held on March 25, 2022, to consider and approve the declaration of interim divide...
21 Mar, 2022, 07.37 PM IST
TCS hits 52-wk high on opening day of share buybackIndia’s largest IT services provider by revenue will buy back about 53 million equity shares, representing 1.42% of its total issued and pa...
19 Dec, 2020, 10.12 AM IST
TCS surpasses Accenture in m-cap to become world's most-valuable IT companyShares of TCS were bolstered on Thursday by a better than expected performance in the second quarter ended September and a buyback announce...
08 Oct, 2020, 11.12 PM IST
Expect Infosys to cut margin guidance for next year to 21-23%: Ravi Menon, Elara Capital“The discount that Infosys is trading at is too little to justify the difference in margin with TCS.”
12 Apr, 2019, 01.34 PM IST
Focus on quality, there is a lot of money to be made: Jagannadham Thunuguntla, Centrum BrokingICICI Bank, Axis Bank and ITC are the Centrum Broking HoR’s top three ideas
29 Mar, 2019, 10.56 AM IST
Q3 earnings of TCS, Infosys, Wipro, HCL Tech, TechM and Wipro: Currency headwinds, buybacks, guidance key monitorablesBrokerage Jefferies expects top tier IT firms to report sequential organic growth of 1.3-3%.
08 Jan, 2019, 04.19 PM IST
Should you bet on IT stocks after Accenture's solid show in Q3? Experts’ takeIf the rupee bleeds further, information technology companies will surely benefit.
29 Jun, 2018, 08.13 PM IST
TCS buyback price is unlikely to be at a huge premium: Madhu Babu, Prabhudas Lilladher“The management has said that every year 100% of the free cash flows will be returned to shareholders.”
13 Jun, 2018, 12.12 PM IST
Wipro shares likely to see over 10% fall in next 4-8 weeks; here's whyWipro’s re-ratings have likely been driven by buybacks rather than fundamentals.
29 Sep, 2017, 02.03 PM IST
IT’s fall from grace: Premium position of 15 yrs gone, stocks at deep discountDemand concerns amid disruptive technologies, especially digital, have dented the outlook for the sector, which now trades at 9% discount t...
05 Apr, 2017, 02.13 PM IST
Experiences of IBM, Accenture show share buybacks will help valuation of HCL Tech, TCSIn a bid to boost investor returns, HCL Tech announced a Rs 3,500 crore share buyback. The move followed similar actions by TCS, MphasiS an...
21 Mar, 2017, 10.55 AM IST
Infosys would be right to go for buyback: Sandip Agarwal, EdelweissBasically because the growth scenario is a little weaker now, people are relating the buyback to growth. But that is not the right thing to...
23 Feb, 2017, 04.08 PM IST
Cognizant opens floodgates: Time for IT cos to pay back, investors stress on buybackOutsourcing industry has seen a steady dip in growth recently. Nasscom has cut it's growth target for fiscal 2017 to 8-10% from 10-12% for ...
07 Feb, 2017, 06.29 AM IST
- Foreign IT firms use transfer-pricing provisions, double taxation treaties to minimise taxes in India
Indian & foreign IT firms follow the same tax rules. So, why are foreign IT firms reporting nos that are a fraction of Indian peers?
01 Sep, 2011, 10.54 AM IST