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INFOSYS SHORT SQUEEZE
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...- India's IT model worked, until AI. Disruption now haunts its sub-optimal equilibriumIndia's IT sector thrived for decades by providing skilled labour at lower costs. This model is now challenged by Artificial Intelligence. ...
- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- Why ADRs are prone to sudden price spikes? Feroze Azeez explainsInfosys American Depository Receipts saw a significant intraday surge. Experts attribute this spike primarily to derivative strategies and ...
- Explainer: Why Infosys ADRs jumped 40% and why the NYSE halted tradingInfosys ADRs surged 40% on the NYSE, hitting a 52-week high of $30 and triggering two trading halts. Analysts cite a combination of a short...
- Nifty roars past 24,000 for first time since JanuaryThe NSE Nifty gained 1.2%, or 273.90 points, to finish at 24,125.55. The BSE Sensex moved 1.1%, or 855.30 points, higher at 79,408.50. Both...
- Top IT companies boost margins amidst market strugglesTo be sure, Infosys, HCLTech and Wipro have slashed their revenue guidance for the upcoming quarter and full fiscal amid a freeze on tech s...
- Banking crisis: Indian IT-BPM companies may feel the heatThe collapse of large banking institutions may not only lead to a reduction in existing business but also trigger reduced tech spending in ...
- IT stocks surge most since Sept 2020 on Nasdaq reboundOn average, IT stocks have fallen 30% from their yearly highs due to worries about a recession in the US, sell-off on the Nasdaq, steep val...
- ICRA hires agency to probe charges of officials’ meddling in ratingsAn anonymous complaint was forwarded by market regulator to the ICRA management.
- Infy’s strong Q3, buyback likely to trip short sellersShares of Infosys ended up 0.6 per cent at Rs 683.70 on the BSE on Friday.
- Narayana Murthy gets support from US experts, thinkersMurthy on Sunday had said that in a poor country like India, every senior management person of an Indian corporation has to show self-restr...
- Nasscom cuts growth outlook to 8-10% for FY 17Revenue from the sector is likely to grow 8 to 10 percent in constant currency terms in the fiscal year ending March 2017, lower than an ea...
- Stock indices slide on profit-bookingSpeculation are that MSCI will have China’s mainland shares, which may squeeze weightage of countries like India and spark outflows by fore...
- Expect GDP growth to come back to 7% next year onwards: G Chokkalingam, Centrum Wealth ManagementThe moment the interest rate cycle reverses, I am expecting the GDP growth to come back to at least 7% level.
- HCL sees $300-mn opportunity in new techHCL plans to have new technologies to compete better with multinational rivals apart from larger Indian software firms, including TCS and I...
- Expect Infosys to go up to Rs 3100: Shrikant Chouhan, Kotak SecLot of traders are bearish right now on this sector, but if the overall market is going to go up from here, thies stock will also participa...
- Trade Infosys, TCS, Wipro on every fall and they would lead every rally: Anil ManghnaniET Now caught up with Anil Manghnani, eqwise.in, Director, Modern Shares and Stockbrokers Limited to get his views on IT stocks.
- IT sector looks good: Anil ManghnaniAnil Manghnani, Director, Modern Shares & Stock Brokers, in an interview with ET Now says that IT sector looks good and the pack as a whole...
- More working hours for techiesBy increasing work hours by an hour a day, an employee works an additional 22 hours a month. Tips to ward-off Negativity at Work | Cities t...
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