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TECHNOLOGY CONSULTING DECLINE
Wipro Q1 Results: Profit flat YoY at Rs 3,352 crore; co declares Rs 2/share dividendWipro Q1 Results: Wipro reported a modest 1% year-on-year rise in June-quarter net profit to Rs 3,352 crore, while revenue grew 11%. The IT...- Publicis raises growth target as AI-driven marketing demand stays strongPublicis raised its growth target after strong second-quarter sales exceeded expectations. AI-powered marketing services and client wins bo...
- Mutual funds cut IT exposure to all-time low of 5.9% in June. Contrarian opportunity or signal for caution?Mutual funds have reduced their technology sector allocation to 5.9 per cent. This marks an all-time low, reflecting investor caution and p...
- TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
- You can’t spell chai latte without AI. That will hurt IndiaThe AI adoption craze is looming over what’s promising to be another lackluster earnings season for IT services exporters. Last week, Tata ...
- Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AIIBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. C...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- HCLTech Q1 profit rises; Sops to fuel Indian chipsHCLTech began FY27 with a strong first-quarter performance. This and more in today's ETtech Top 5.
- TCS rejigs 14 top roles, creates five new units to fight AI deflationThe overhaul covers 14 leadership roles, including at five newly created business units: Travel, Transport & Hospitality; Energy, Resources...
- HCL Tech Q1 preview: Revenue may dip QoQ; net profit could rise on currency depreciationHCL Technologies is expected to report a mixed performance for the June quarter, with brokerages forecasting steady year-on-year profit gro...
- Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
- LTM profit jumps 17% to Rs 1,468 crore in April-June quarterLTM chief executive Venu Lambu declared AI revenue separately for the first time in the earnings call, at $150 million for the quarter, in ...
- Govt's ethanol policy backed by 4 years of research, engine damage fears are myths: Grain Ethanol Manufacturers AssociationEthanol blending in petrol does not damage vehicle engines, according to GEMA President Chandra Kumar Jain. He stated that government polic...
- Special delivery: Italy's postman joins the AI infrastructure racePoste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the lo...
- TCS Q1 results after party: Infosys, Wipro, other IT stocks jump up to 4%. Why are analysts bullish despite AI worries?IT stocks including Infosys, Wipro, HCL Tech and Tech Mahindra rose sharply after TCS delivered a better-than-expected Q1 performance. Brok...
- TCS Q1 net rises 5% to Rs 13,349 crore, revenue up 14% on BFSI business liftIndia's largest software services firm on Thursday reported a net profit of Rs 13,349 crore for the April-June quarter.
- TCS Q1 Results: Profit rises 5% YoY to Rs 13,349 crore; co declares Rs 12/share dividendTCS Q1 Results: TCS reported a 5% year-on-year rise in Q1FY27 consolidated net profit to Rs 13,349 crore, while revenue grew 14% to Rs 72,2...
- TCS shares dip 2% ahead of Q1 earnings today. What can shareholders expect?Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit ...
- TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buyingIndia's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience signific...
- TCS Q1 Preview: Can the IT bellwether earnings give hope to investors holding the battered stock?TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing ...
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