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Infosys Shares 7% drop hints at further weakness for tech countersThe sell-off on Monday led to Infosys' market value eroding by ₹53,500 crore. The Bengaluru-based company's earnings disappointment came on...- TCS 2nd Indian company after RIL to cross Rs 13 lakh crore m-capSeventeen years after it sold its stock for the first time in a relatively late public debut, Tata Consultancy Services crossed the ₹13-lak...
- Midcap IT stocks rally, but further upmove unlikelyMindtree rallied 8% to end the day at ₹2,703.15, a day after the company reported over 8% rise in the June quarter profit on a sequential b...
- Infosys likely to go for a $1.2-1.9 billion buybackNomura expects Infosys to announce a buyback in the range of $1.3 billion to $1.9 billion at a maximum price of Rs 1,650, which is equivale...
- Accenture’s better show lifts tech stocks to fresh highsAccenture now sees revenue growth of 4-6% for FY21, up from previous forecast range of 2-5% in local currency.
- TCS surges 7.3%, becomes second Indian company to touch Rs 10 lakh crore m-capThe optimism around TCS rubbed off on other software exporting majors Infosys and Wipro, whose shares rose 3 per cent and 6.73 per cent, re...
- What Mistrys’ exit from Tata Sons could mean for TCS stockTCS is the best performing company in the Tata Group and has been an investors’ favourite. The stock has gained 48 per cent in the last six...
- Check out the IT stocks seeing most price upgradesAnalysts said the expectation in the market was that that revenue decline in dollar terms for the first quarter would be 5-7 per cent. Exce...
- Asia’s richest man wins half of 2020 deals in global telecomTen firms have poured a total $15.2 billion into Jio, pending regulatory clearances.
- Pushed to the brink, what next? Vodafone Idea’s options dwindleBritish partner, Vodafone Group Plc, has completely written off the value of its 45% holdings in the venture and signaled it isn’t keen to ...
- Cyient nosedives on revenue woesMorgan Stanley retained its overweight rating on the stock citing cheap valuations.
- Vakrangee m-cap at Rs 50,000 crore from Rs 50 crore in 2009The company has been a top gainer on the bourses in the last ten years.
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