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INFOSYS TEPID REVENUES
IT nightmare on loop, Accenture's 20% fall highlights AI disruptionIndian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expecte...- IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
- 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...
- ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- Tepid FY27 revenue growth awaits top 5 IT services companiesIndia's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spendin...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Infosys logs 21% jump in Q4 profitInfosys, India's second-largest IT firm, announced robust revenue and net profit figures for the fourth quarter of FY26. Despite outperform...
- TCS pledges strict action on Nashik harassment case; COO Subramanian leads investigationTata Consultancy Services COO Aarthi Subramanian will head an investigation into a sexual harassment case at its Nashik unit. Eight employe...
- Higher exposure to digital business led to tepid revenues: Infosys managementAccording to a Global Markets Research report on Infosys by Nomura, Infosys management also defended questions around senior leadership att...
- In charts: IT firms face uncertain timesAs an indicator of the weakening market, Infosys chief executive Salil Parekh took a pay cut of 21% in FY23 whereas outgoing TCS chief exec...
- Infosys Q4 earnings preview: Focus is on commentary & FY21 guidanceLeading brokerages estimate revenue growth in the 6-10 per cent range.
- Infosys downgraded by UBS: Old concern, late realisationThe brokerage has downgraded the Infosys stock from “Buy” to “Sell” thereby cutting its one-year price target to Rs 2,750 from Rs 4,050.
- HCL Tech, TCS may outperform Infosys this quarter: Harit Shah, Nirmal Bang Institutional Equities"Infosys is trading at about 15-15.5 times FY15 earnings. TCS is trading close to 19.5 to 20x. That is 20-25% kind of a gap."
- HCL Tech and TCS could outperform Infosys this quarter: Harit ShahHCL Tech and TCS could outperform Infosys this quarter, says Harit Shah.
- Infosys Q3 results: ET viewWhile Murthy is making Infosys a leaner & fitter organisation, he must also make it a smarter one that can reclaim leadership in ideas.
- TCS and HCL Tech set to maintain lead over Infosys in FY14The gap between the likes of TCS and HCL Technologies and industry veteran Infosys is widening as far as financial performance is concerned.
- TCS: Barclays Capital maintain 'Equal Weight' ratingBarclays Capital is of the view that Tata Consultancy Services lagged Infosys Technologies in US$ revenue growth for second quarter.
- Not much upside seen in Infosys: Pankaj Pandey"There is limited room for a positive surprise in terms of stock. So given that we have a target price of about 3350 so not much of a upsid...
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