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CAPGEMINI MUTED GUIDANCE
Capgemini Q1 FY24 revenues drops 3.5%, offshore headcount dipsThe revenues in Q1 of FY23 stood at €5.73 billion ($5.92 billion). On a constant currency basis, revenue declined 3.3%. Capgemini follows J...- Infosys Q4 Results Preview: Weak discretionary spending to weigh on sales, FY25 guidance seen conservativeInfosys Q4 Preview: For the quarter ended March, the company’s consolidated revenue is seen dropping 0.4% sequentially, while growing 3.2% ...
- Wealthtech startups rake in funds; ads on sound box coming soon!Wealthtech platforms Dezerv and Stable Money are set to close $30 million and $17 million in equity funding, respectively. While Dezerv is ...
- IT sector’s challenges persist in Q4; guidance for FY25 in focusHCLTech and Tata Consultancy Services (TCS) poised to dominate Indian outsourcing industry with expectations of revenue growth acceleration...
- Wipro mandates work from office thrice a week for its employeesWipro, the country's fourth-largest IT firm, said it is implementing a "compulsory hybrid work policy requiring a minimum of three days in ...
- 'Washout year for IT': Infosys, Wipro, TCS and others to hire 40% less in FY24In the first quarter of FY24, India’s top five IT exporters — Tata Consultancy Services, Infosys, HCLTech, Wipro and Tech Mahindra — report...
- ETtech Unwrapped: Confusion, chaos, and disruption in wake of Delhi's bike taxi banThe notice issued by the Delhi government last week warned bike taxi operators such as Rapido, Ola and Uber to not ply on Delhi roads as it...
- Caution, conservative client outlook behind Capgemini’s muted guidance: CEO Ashwin YardiThe uncertain nature of the inflationary environment has led clients to invest in cost saving projects, Ashwin Yardi, chief executive of Ca...
- Ads on fintechs pay off for D2C firms; don’t use bikes as taxis for deliveries, Delhi govt tells online platformsWith a captive user base and high user engagement, fintechs such as Paytm, PhonePe, and Google Pay are becoming popular with direct-to-cons...
- Capgemini gives a muted revenue guidance for 2023, sees uptick in offshoring demandIn its Q4 earnings call, Capgemini called out a slowing demand for its cloud, data and artificial intelligence services.
- Unveiling The Economic Times Startup Awards 2022 high-powered juryA lot has changed for Indian startups since the inaugural edition in 2015. The industry has grown from infancy to one where a number of com...
- Infosys to grow at slower pace in FY19; Salil Parekh plans to step up digital playThe Bengaluru-headquartered company's profits grew 11.3% to Rs 16,029 crore.
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