Analysts expect Wipro to post decent revenue growth, minimum-to-no impact on EBIT margins and a 5-10 per cent YoY jump in its net profit for Q3FY21
Analysts say the company may revise its FY21 revenue guidance upwards
Prabhudas Lilladher sees Wipro's guidance for the fourth quarter of FY21 to be in the range of 2-4 per cent
TCS board will consider the declaration of a third interim dividend to the equity shareholders
A joint working group will be set up to follow up the implementation of this MOC
Brokerages expect large-cap IT firms to report revenue growth in the range of 2-3 per cent in constant currency (cc) terms
TCS stock needs to rise another 3 per cent to hit Rs 12 trillion market-cap
Indian auto, pharma, IT and chemicals sectors are among sectors having significant reliance on UK and European nations
In the past 10 months, large Indian IT services firms had signed a number of major outsourcing projects involving millions of dollars.
Shares of Infosys closed with nearly 3% gains on Wednesday after the company said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation.
Shares of Wipro on Wednesday jumped nearly 6 per cent after the company said it has signed a 700 million-digital and IT partnership deal with Metro AG
With the global IT behemoth reporting sharp uptick in outsourcing business, and broad-based recovery across verticals and markets, here is how analysts read through the numbers
The prime minister spoke of the space sector's significance in communication and navigation and told the participants that they will be co-passengers with ISRO in this age of space research
IT spending is expected to get a further boost as a majority of the clients would reprioritise spending to strengthen digital capabilities
The move is significant because it will permit only large Indian companies, with financial muscle especially in the IT space
Kohli was the founding chief executive of sector leader TCS and pioneered the country's 'Technology Revolution' which helped India build its USD 100 billion IT industry
Kohli believed that though the software industry will continue to do well, it is the local language computing that needs attention
PM Narendra Modi told India Inc that the country is uniquely positioned to leap ahead in the information era
IT Services has been the biggest beneficiary of Covid-19 pandemic and is now a mainstream growth driver rather than a one-off line item
We expect that the Karnataka would export IT services and products worth $300 billion over the next five years, says Dr Narayana