Page 9 - It Firms

Wipro's Q1 net profit declines 21% over acquisitions, talent cost

Despite a below-expectation showing, IT major expects double-digit growth in FY23

Mindtree Q1 net profit increases 37% at Rs 472 cr; revenue rises 36%

On Mindtree-L&T Infotech merger, the management said that the merger is on track

Mindtree starts FY23 with strong growth and record order book: CEO

"We are excited to report a strong start to FY23 with robust revenue growth, solid margin, and a record order book, demonstrating our continued industry-leading growth momentum," said Mindtree CEO.

Sensex slips 372 points, Nifty below 16K; Reliance, HDFC twins sink 2%

The BSE Sensex fell 372 points at close to 53,514. The index had previously risen 325 points to the day's high.

HCL Q1FY23 result tomorrow: Here's how company performed in last 4 quarters

The company is expected to post a revenue growth of 2.9 per cent QoQ on a constant currency basis, brokerage firms predicted

TCS beats street estimates with 16.2% Q1 revenue growth; margins disappoint

The consolidated revenue of the IT major grew to Rs crore in the quarter under review from Rs 45,411 crore a year ago

Our biz is only B2B, we may get into B2C: N Ganapathy Subramaniam of TCS

In a Q&A, the COO of India's top IT services firm speaks about the company's wish list beyond numbers, concerns on slowing growth commentary from brokerages that has pulled the stock down

Indian firms log on to Metaverse, from jewellery brand to IT giants

It's not just Facebook: more and more companies are keen to offer customers and employees the joys of working and playing in the virtual world.

Big firms versus intra-India variation

Each firm needs to choose how to respond to the enormous variation of locale within India

IT firm Coforge's Q4 net profit increases by 56.16% to Rs 207.7 crore

Revenue from operations during the quarter increased to Rs 1,742.9 crore from Rs 1,281.5 crore in the corresponding quarter of 2020-21

4 CBI officers arrested for conducting fake raid on IT firm in Chandigarh

Senior CBI officials said as part of the agency's zero-tolerance towards corruption policy, strictest possible action will be initiated against the accused officials

Tech Mahindra to completely acquire Thirdware for Rs 320 cr

The acquisition is expected to bolster Tech Mahindra's digital solutions and services in automotive consulting, design, and development

Top headlines: IT firms fight to keep talent, Tata firms shine under chief

Budget wish list: Citizens seek jobs, support for small biz and lower tax. More in today's top headlines

Beating high expectations critical for further gains in midcap IT stocks

While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms

Amid Covid surge, IT firms in Hyderabad may stick to hybrid work model

As 2021 draws to a close with the threat of a third wave of Covid, plans of IT companies for a partial return to office by middle of 2022 may be delayed and the year is likely to see a hybrid model

Top-5 IT firms to rent 12 mn sq ft office space on robust hiring: Report

Co-working spaces to see demand because the challenges of the pandemic continue with discovery of new variants such as Omicron

Relisted on October 22, 3i Infotech hits seventh straight upper limit

InGovern calls the company 'a case study of restructuring'; firm had emerged out of bankruptcy after both shareholders and lenders agreed to massive haircuts

Over 50 Indian IT companies showcase products at Dubai trade show

Gitex Global, dubbed as the world's biggest technology show, is being organised from October 17 to 21 at the Dubai World Trade Centre

Q2 results: IT majors poised for gains on Infosys, Wipro guidance

Strong deal wins are likely to keep revenue growth elevated

Deal pipeline is bigger than ever before: Wipro CEO Thierry Delaporte

Delaporte speaks about the company's deal pipeline, the need to lower attrition, and how the firm plans to chart its growth path