Foreign brokerage firm Jefferies has turned more cautious on Indian IT services stocks, revising its target prices for TCS, Infosys, HCLTech, Wipro and Tech Mahindra, while maintaining its preference for…
Mumbai: Long-term equity investors who are willing to look past near-term adversities and focus on a beaten-down theme may consider allocating to the Nifty IT Index Fund or Nifty IT…
Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds…
N Chandrasekaran, the Executive Chairman of Tata Sons, pocketed Rs 155.81 crore in total compensation for the financial year 2024-25, up 15% from the Rs 135 crore he earned a…
Over the past week, benchmark indices faced profit booking at higher levels. The Nifty declined by 1.22%, while the Sensex shed 925 points. Among sectors, the FMCG index outperformed with…
Accenture shares fell 11% on Friday, hitting the day's low of $273.19, notwithstanding a revenue beat for third quarter driven by growing demand for the consulting giant's AI-driven services from…
New Delhi, About 18.05 crore shares of Wipro, amounting to a 1.72 per cent stake, were exchanged among promoter group entities through open market transactions on Wednesday, according to the…
"Even during Lehman Crisis also that revenue was always there. It cannot change. Even in covid that was there. So, in worst case scenario your revenue can only decline by…
Information technology stocks tumbled up to 6% on Thursday, dragged lower by Wipro’s disappointing earnings and downbeat revenue outlook for the April-to-June quarter, triggering a broad selloff across the sector.Shares…
The American Depository Receipts (ADRs) of Infosys fell 3.6% while those of Wipro were down 3.2% on Thursday following Accenture's forecast of its full-year revenue where it raised the lower…