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HCLTECH PREVIEW
Indian cyber, telecom, banking & finance firms get access to Mythos; IT left outSeveral Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model...- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's whyIT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI ...
- IT stocks slide up to 3% after TCS Q4 earnings. What's spooking investors?IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broad...
- Explained: What is Anthropic's AI tool that's sparking job loss fearsWhat is Anthropic’s new AI tool? The Dario Amodei-led company has launched a legal automation plugin for its Claude Cowork platform that ca...
- Google Pay’s credit boost; Spiritual apps chant ‘AI’Happy Tuesday! Google Pay is working to launch a co-branded credit card. This and more in today's ETtech Morning Dispatch.
- IT margins may remain edgy on seasonal lows, deal ramp-downsA steep decline is, however, likely to be arrested by the rupee’s depreciation and cost rationalisation initiatives, most analysts said. Ma...
- Currency tailwinds may help IT companies shake off seasonal December bluesIndia's technology outsourcing industry is expected to improve in the December quarter due to currency benefits. However, caution remains a...
- IT stocks surge up to 26% in 3 months; Infosys, Coforge, TCS among top brokerage betsIT stocks have delivered strong returns, with Coforge, LTIMindtree, and Infosys leading the gains over the past three months. As Q2FY25 ear...
- Indian software sector earnings will remain modest in Q1: here’s whyInfosys and LTIMindtree are expected to lead a modest increase in average growth for Indian software service providers in the first quarter...
- 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 ...
- HCLTech, Wipro results today: Top watchlist for Dalal Street, trading strategyHCLTech is expected to report strong earnings for the December quarter, while Wipro may continue to disappoint the market. HCLTech shares h...
- Q3 results today: HCL Tech, Wipro among 18 companies to announce earningsToday, the focus will be on the results of HCL Technologies and Wipro.. Other important results include HDFC Life Insurance Company, Anand ...
- HCLTech Q3 results preview: Revenue to grow better than peers; company may retain FY24 guidanceThe company is seen reporting a nearly 5% sequential rise in consolidated revenue to Rs 27,959.40 cr, and net profit is expected to increas...
- Indian IT companies seen logging muted sequential growth in Q2 amid sustained macro overhangThe big earnings week for tech heavyweights is up ahead, with Tata Consultancy Services (TCS) scheduled to announce its results on October ...
- Will 2023 be a lost year for IT?Recent earnings of TCS, HCLTech & Wipro suggest the $245 billion Indian software exports industry doesn’t see any immediate demand revival.
- TCS, HCLTech Q1 results today: Here’s what you can expectAnalysts will be watching for commentary on demand in key markets like the UK and US apart from further signs of deal rampdowns or cancella...
- Tech demand hits a low as clients tighten purse strings amid economic uncertaintiesIndia’s top four IT firms–Tata Consultancy Services (TCS), Infosys, HCLTech and Wipro–clocked double-digit revenue growth in FY23. Compared...
- Accenture results signal growth impact in FY24, larger firms to benefitMost analysts expect the Indian IT sector to grow its revenue in mid- to high-single digits year on year in FY24, a steep climb down from t...
- Accenture to lay off 19,000 people, 40% of its 7.38 lakh employees are in IndiaThe software services behemoth said currency headwinds and wage inflation had a direct impact on its decision to lay off employees.
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