Indian It Services

While EPAM expects revenue to decline in January-March, Capgemini projected a slower revenue growth in 2024 vis-a-vis 2023

What do brokerages say on the Indian IT sector after Accenture’s better-than-expected results?

Accenture’s reduced revenue and growth guidance and global macroeconomic turmoil prompt analysts to maintain a cautious stance on the Indian IT Sector.

Macro uncertainties cast shadow on IT services, mixed views on preferred stocks

Analysts remain cautious on the IT services sector amid growing macro volatility and demand uncertainties. Morgan Stanley has a ‘buy’ rating on Infosys, Tech Mahindra, Persistent Systems and Coforge. Jefferies believes Infosys, TCS, and HCL are better placed

IT services sector to hire around 4.5 lakh employees in H2 FY22: Report

The report, IT Industry Q2 Insights & FY22 Forecast, by the market intelligence platform UnearthInsight revealed this is 12 percent more than what the companies hired in the first half of FY22. Over 30 IT services

How big is the risk of employee absenteeism for IT services companies?

L&T Technology Services offered subdued revenue guidance for the current fiscal while Cognizant pointed to demand fulfilment challenges last quarter

IT services revenue to grow at 8-9% in FY17: Ind-Ra

The agency's estimate is lower than the 10-12 percent guidance for the entire sector given by Nasscom earlier this month. It is also lower than the 12.3 percent growth rate, the industry is set to achieve in FY16.

Indian IT cos to see robust demand going forward: IDFC Sec

Hitesh Shah, IT Analyst at IDFC Securities says Indian IT services will see a convergence of growth going forward.

HP's MphasiS buys US mortgage management firm for $175m

MphasiS Ltd, an Indian IT services and back-office support provider and a unit of Hewlett-Packard Co, has agreed to buy US-based Digital Risk LLC, a mortgage management specialist, for USD175 million.

IT Services: Volume traction to continue: Dolat Capital

Dolat Capital has come out with its report on Indian IT Services. The research firm has maintained positive stance on the sector with TCS, Infosys, Tech Mahindra and KPIT as preferred bets in the sector.

Outlook on Indian IT services: Fitch Ratings

Fitch Ratings has come out with its report on Indian IT services. The research firm expects the credit profile of Indian IT services companies to remain stable during 2012.

Downgrade bludgeons IT cos but no decline in demand: Expert

Andrew Bartels, Vice President and Principal Analyst at Forrester Research believes the US downgrade will have a significant psychological impact on the global business environment, especially, the IT sector.