Page 38 - It Sector

From TCS to Infosys, growth bumps in legacy business hit IT majors hard

IT giants derive more than 70 per cent of their revenues from the legacy business by offering application development, maintenance and testing services to global clients

TCS rides on AI, big data to pip Infosys in resurgent BFSI space

Within the BFSI segment, TCS witnessed strong traction in areas, including wealth management and compliance services, in the past quarter

IT Sector Preview: Cross currency to affect reported dollar revenue

Key things to monitor for the street from the Q1 results is likely to be the share of digital

Tamil Nadu's IT, ITeS exports pick up pace in 2017-18, grow 8.55%

This is significant as the state, facing a decline since 2014-15, had reported a modest three per cent IT-ITeS export growth rate last year

Why mutual fund managers are betting on information technology stocks

The latest round of outperformance of IT stocks comes after lackluster returns between 2014 and 2017 amid slowdown in revenue growth

Time-wise correction due in large-cap IT stocks; TCS, NIIT Tech top picks

Though analysts remain bullish on the sector, they caution against the sharp rally seen thus far in CY18

Outlook for Indian IT cautiously positive; challenges still remain: Nasscom

Chandrashekhar said outlook for the current calendar year is 'cautiously positive'

Indian IT services stocks set for turnaround in 2018: Morgan Stanley

Though the sector faces risks from automation and a slower pace of market share gains from global vendors, a cyclical rally could be in the offing

Discretionary spends, market share gains in digital to lift IT growth

Expectations for Dec quarter remain muted but March onwards looks better

IT sector seeing newer jobs: Kharge

No request for forming union under IT Act in Karnataka, he says

IT sector back on investors' radar

IT exporters are also likely to gain from a recovery in global growth

Professionals from IT, non-IT sectors sign up for data analytics

IT services industry foresees a shift in business towards digital and services delivery

Job growth in IT drops, negative in telecom: CARE

IT sector is the largest job provider in corporate India with 22.7% of the employment pie

Green shoots for the IT sector

Digital can't easily compensate for the decline of traditional business

Visa, re-skilling key challenges for IT industry: Economic Survey II

It said the Indian $150-billion IT-BPM industry is "feeling the pinch" of the global slowdown

More pressure ahead for IT sector

TCS's quarterly dollar revenues rose 2% sequentially in constant currency terms

Nifty IT falls post TCS, Infosys results; sector to underperform

So far in 2017, the index has underperformed the market by gaining 2% against 18% rise in the bench

Indian techies are taking these online courses to get reskilled amid layoffs

Building front-end and stitching it with back-end is a task that IT firms are learning the hard way

Infosys, TCS, Wipro, Tech Mahindra will not give more than 9% pay hikes

Turnaround in business is likely to bring salary increases quickly

How negative trickle-down in IT slowdown threatens India's tech hubs

The industry may add 1.3 lakh to 1.5 lakh jobs this financial year