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Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
HCL Tech shares tank over 9% after weak Q4. JPMorgan, HSBC & 3 others cut target priceHCL Tech shares fell sharply after the March quarter results and FY27 guidance disappointed D-Street expectations. While Q4 profit and reve...
SAP misses third-quarter revenue estimates, US-listed shares fall 3%Walldorf, Germany-based SAP said revenue for the third quarter ended Sept. 30 rose 7% to 9.08 billion euros ($10.59 billion), missing analy...
Anjani Food & Beverages goes live with SAP S/4HANA Cloud—implemented by SAVIC Inc.SAVIC Inc. successfully implemented SAP S/4HANA Cloud ERP for Anjani Food & Beverages, a leading African beverage company. This marks SAVIC...
SAP to restructure 8,000 roles in push towards AISAP said it expects generative AI to fundamentally change its business and has pledged to invest more than $1 billion by backing AI-powered...
SAP to embed ChatGPT in products as quarterly revenue beats estimatesSAP also has an internal committee with customers, researchers and analysts to check for biases in AI use cases and guard against potential...
SAP to cut 3,000 jobs, explore Qualtrics stake saleSAP is the latest tech company to cut jobs after companies including Alphabet's Google, Microsoft and Amazon announced thousands of layoffs...
Germany's SAP shares slip as improved outlook still falls shortShares in the firm whose software is used for finance, human resources management and supply-chains were down 2% by mid morning, after an i...
SAP says new cloud package a hit, confirms outlookSAP's new business transformation product, Rise with SAP, is "rapidly becoming a massive accelerator", CEO Christian Klein says after annou...
SAP goes all in on cloud, scraps mid-term margin goalsInvestors reacted by dumping shares in Europe's most valuable tech firm, which opened nearly 20% lower in Frankfurt to wipe $35 billion off...
SAP names Scott Russell president of SAP Asia Pacific JapanRussell will be responsible for growing SAP’s business and presence in regions including Australia/New Zealand, Japan, Korea, the Indian su...
SAP says cloud business drives Q3 profits higherSAP said it had "very strong top and bottom line growth" in the third quarter, driven by higher sales in its cloud computing business.
Mindtree acquires 2 companies, net profit rises marginallyChief executive Krishnakumar Natarajan said the acquisition would help Mindtree's customers in rapidly digitizing their operations.
Accenture to provide IT solutions to Bharti RetailAccenture will also implement advanced analytics, planning and financial solutions from SAP to help improve speed of reporting across the o...
- SAP posts 12% gain in third quarter profit
Sales of software and related services showed gains of at least 20 percent meanwhile, owing in large part to the acquisition of the US firm...
- SAP 3Q profit down, company cuts '08 outlook
Software maker SAP AG said that its third-quarter net profit fell despite higher sales.
- Software giant SAP posts positive results, is upbeat for 2008
SAP, the world's biggest business software maker, posted on Tuesday a second quarter net profit that fell by nine per cent but nonetheless ...