Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa
Tata Consultancy Services (TCS), Infosys, Tech Mahindra, Wipro, HCL Technologies, Hexaware Technologies, NIIT Technologies and Mindtree were down 1 per cent to 5 per cent on the NSE in intra-day trade
The uncertainty stemming from the virus and countries' efforts to contain it have made it harder to estimate short-term earnings
Till April 19, only 41 out of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
All that happened in the markets today
In a Q&A, Jatin Dalal says his company is looking at investments that are good but impacted by the market downturn
Most companies are going to continue to let employees work from home
The company joined some of its peers to flag the uncertainty arising out of the pandemic and refrained from giving any revenue guidance for the first quarter of FY21
India's $191 billion IT industry employs over 4.3 million people and has largely managed to service its clients during the pandemic
Wipro on Wednesday posted a 6.3 per cent year-on-year (YoY) decline in its net profit at Rs 2,326.1 crore for the quarter ended March 31, 2020
Most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent in the constant currency (CC) terms.
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
TCS will hold its board meet the next day (April 16) for approval of its financial statements
Markets regulator Sebi has also given relaxation of 45 days to companies for filing fourth-quarter results and one-month extension to file results for 2019-20
TikTok also contributes 400,000 hazmat suits and 200,000 masks
With uncertainties around growth outlook, most companies are likely to go slow on their payback plans to shareholders
Among IT firms, market leader Tata Consultancy Services (TCS) has added around 30,000 fresh graduates in this financial year
Banerjee, who went on to lead L&T Infotech as its CEO after leaving Wipro, said that Premji has the knack of identifying talent, nurturing it and giving it space to grow
The bustling campuses of IT majors like Infosys and Wipro are deserted as thousands of their techies are missing in action since Monday
Mindtree will see an upside bias once it breaks out above Rs 920 levels