Page 7 - Indian It Firms

'Have enough headroom to improve margins going ahead,' says Wipro CFO

The margin for India's fourth-largest IT services firm declined 200 basis points over the previous quarter.

TMSEp211: SpiceJet, Reliance Retail, estimated IT earnings, forex reserve

Can the SpiceJet incident be brushed aside as a blip? What is Reliance Retail's growth strategy? How will TCS Q1 results set the stage for IT earnings? What is a forex reserve? All answers here

Cloud, security to be priority even if recession hits US: Morgan Stanley

The report suggests limited near-term impact for Indian IT services players, but commentary on FY24 will be crucial

Strong order book, high attrition: What Accenture's Q3 means for Indian IT

Accenture Q3 results: Strong outlook and robust bookings reflect the secular nature of demand for IT services in the near-term, though medium-term risks persist, said analysts

Persistent to hit $1 bn annual revenue rate in FY23; to hire 3,000 freshers

The Pune-headquartered company posted a 42 per cent jump in revenue to $217 million in the March quarter, when it witnessed a 45.9 per cent growth in net profit at Rs 200.9 crore

Double taxation relief for Indian IT companies operating in Australia

Both the trade deal and changes to domestic Australian tax laws will come into effect once the Australian Parliament ratifies the deal after the general elections due in May are completed in Australia

TCS world's second most valuable IT brand, Infosys fastest growing: Report

Indian IT firms outpace US competitors in Brand Finance IT services ranking

Acquisitions, strong growth outlook likely to limit downside for Wipro

Prior to the recent rally, the stock had been an underperformer

Infosys to hire 45,000 freshers in FY22 after spike in Q2 attrition numbers

Company COO Pravin Rai says the current scale of war for talent was not seen in past three decades

HCL signs up with Korea's HANCOM for global expansion, tech solutions

HCL will support training for software development at HANCOM's in India research and development centre, which was established in 2016.

At Infosys, how pandemic brought importance of reskilling to the fore

To begin with, Infosys identified 36 skills that were important and created learning pathways

Get it right in the first instance: TCS mantra for government orders

Scale a challenge, but systems built here can be replicated anywhere, says executive

Infosys extends tech contract with a new minimum 3-year agreement with UCAS

Infosys on Tuesday said it has signed a new minimum three-year contract with UCAS, the admissions service for UK higher education.

IT firm Wipro appoints Jason Eichenholz as Global Partnerships Lead

IT services firm Wipro Ltd on Monday said it has appointed former Deloitte Consulting executive Jason Eichenholz as its Senior Vice President and Global Partnership Lead

IT firm Birlasoft first quarter profit doubles to Rs 113.6 crore

The company had posted a profit of Rs 56.3 crore for April-June 2020

IT firm Persistent Systems' Q1 net profit up 68% to Rs 151.2 crore

IT firm Persistent Systems on Thursday reported a 68 per cent jump in consolidated net profit to Rs 151.2 crore for the April-June quarter of this year.

Innovation will be key to benefit multifold from this tech growth: Infy CEO

In a Q&A, Salil Parekh talks about the next phase of growth, sustaining this growth momentum and challenges in the Indian market

High dividend payout driving rally in IT stocks; m-cap of top 5 up 87%

Since FY15, top 5 IT firms' share price has risen 116% against 132% increase in cash-pay out

War-rooms and oxygen: India's IT companies scramble to handle Covid surge

Workers at huge technology service providers Accenture and Wipro say teams are working 13-14 hours daily, under growing pressure and struggling to deliver on projects

Tech firms reach out to employees as Covid-19 cases rise in India

Companies are advising employees not to venture out of their homes and give prominence to the health and safety of the family