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  • Indian software product firms seek elimination of Softex forms, other reforms Aug 06, 2020 10:04 AM IST

    Indian software product firms seek elimination of Softex forms, other reforms

    The elimination of the Softex forms will dramatically increase ease of doing business for product companies.

  • Samsung, Foxconn apply for PLI; commitments worth Rs 11.5 lakh crore made, says Ravi Shankar Prasad Aug 01, 2020 02:26 PM IST

    Samsung, Foxconn apply for PLI; commitments worth Rs 11.5 lakh crore made, says Ravi Shankar Prasad

    The IT minister added that companies will be eligible for incentives from August 1.

  • IT firm Mphasis expects recovery from Q2 amid coronavirus pandemic Jul 25, 2020 07:53 AM IST

    IT firm Mphasis expects recovery from Q2 amid coronavirus pandemic

    This growth is driven by vendor consolidation and investments in areas of digital such as cloud, data and analytics.

  • HCL Technologies to add around 15,000 campus recruits in FY21: Report Jul 22, 2020 03:18 PM IST

    HCL Technologies to add around 15,000 campus recruits in FY21: Report

    This is slightly higher than the 9,000 people it on-boarded from campuses last fiscal

  • Q1 scorecard: IT firms meet estimates, but the road ahead will be bumpy Jul 20, 2020 01:20 PM IST

    Q1 scorecard: IT firms meet estimates, but the road ahead will be bumpy

    Infosys posted an 11.5 percent YoY growth in net profit at Rs 4,233 crore while Wipro posted a flat 0.11 percent YoY growth in net profit at Rs 2,390.40 crore.

  • HCL Tech expects recovery from Q4FY21 or Q1FY22 driven by digital: CEO C Vijayakumar Jul 18, 2020 07:42 AM IST

    HCL Tech expects recovery from Q4FY21 or Q1FY22 driven by digital: CEO C Vijayakumar

    The company has given revenue guidance of 1.5-2.5 percent in constant currency for the next three quarters.

  • Why revenue per employee in IT firms continues to grow slow despite huge growth in digital Jul 08, 2020 06:01 PM IST

    Why revenue per employee in IT firms continues to grow slow despite huge growth in digital

    According to industry watchers, vague definition of digital and pricing are few reasons why RPE continues to grow at a much slower pace.

  • Cyient Q1 PAT may dip 19.6% Q-o-Q to Rs. 61.8 cr: Motilal Oswal Jul 08, 2020 02:35 PM IST

    Cyient Q1 PAT may dip 19.6% Q-o-Q to Rs. 61.8 cr: Motilal Oswal

    Net Sales are expected to decrease by 10.3 percent Q-o-Q (down 11.6 percent Y-o-Y) to Rs. 962.6 crore, according to Motilal Oswal.

  • Zensar Q1 PAT may dip 22.2% Q-o-Q to Rs. 56 cr: Motilal Oswal Jul 08, 2020 02:30 PM IST

    Zensar Q1 PAT may dip 22.2% Q-o-Q to Rs. 56 cr: Motilal Oswal

    Net Sales are expected to decrease by 5.5 percent Q-o-Q (down 9.7 percent Y-o-Y) to Rs. 962.2 crore, according to Motilal Oswal.

  • Persistent Q1 PAT may dip 26.1% Q-o-Q to Rs. 61.9 cr: Motilal Oswal Jul 08, 2020 02:22 PM IST

    Persistent Q1 PAT may dip 26.1% Q-o-Q to Rs. 61.9 cr: Motilal Oswal

    Net Sales are expected to decrease by 2 percent Q-o-Q (up 9.1 percent Y-o-Y) to Rs. 907.9 crore, according to Motilal Oswal.

  • Hexaware Q1 PAT may dip 33.6% Q-o-Q to Rs. 116.1 cr: Motilal Oswal Jul 08, 2020 02:13 PM IST

    Hexaware Q1 PAT may dip 33.6% Q-o-Q to Rs. 116.1 cr: Motilal Oswal

    Net Sales are expected to decrease by 5 percent Q-o-Q (up 11.9 percent Y-o-Y) to Rs. 1,464.5 crore, according to Motilal Oswal.

  • NIIT Tech Q1 PAT seen up 2.3% Q-o-Q to Rs. 127.1 cr: Motilal Oswal Jul 08, 2020 02:08 PM IST

    NIIT Tech Q1 PAT seen up 2.3% Q-o-Q to Rs. 127.1 cr: Motilal Oswal

    Net Sales are expected to increase by 0.3 percent Q-o-Q (up 15.9 percent Y-o-Y) to Rs. 1,112.3 crore, according to Motilal Oswal.

  • Mphasis Q1 PAT may dip 19.5% Q-o-Q to Rs. 284.4 cr: Motilal Oswal Jul 08, 2020 01:36 PM IST

    Mphasis Q1 PAT may dip 19.5% Q-o-Q to Rs. 284.4 cr: Motilal Oswal

    Net Sales are expected to decrease by 2.5 percent Q-o-Q (up 11 percent Y-o-Y) to Rs. 2,288.6 crore, according to Motilal Oswal.

  • Mindtree Q1 PAT may dip 3.7% Q-o-Q to Rs. 198.5 cr: Motilal Oswal Jul 08, 2020 01:33 PM IST

    Mindtree Q1 PAT may dip 3.7% Q-o-Q to Rs. 198.5 cr: Motilal Oswal

    Net Sales are expected to decrease by 5 percent Q-o-Q (up 6.2 percent Y-o-Y) to Rs. 1,948 crore, according to Motilal Oswal.

  • Larsen and Toubro Infotech Q1 PAT may dip 9.8% Q-o-Q to Rs. 385.3 cr: Motilal Oswal Jul 08, 2020 01:09 PM IST

    Larsen and Toubro Infotech Q1 PAT may dip 9.8% Q-o-Q to Rs. 385.3 cr: Motilal Oswal

    Net Sales are expected to decrease by 1.7 percent Q-o-Q (up 19.1 percent Y-o-Y) to Rs. 2,959.5 crore, according to Motilal Oswal.

  • Tech Mahindra Q1 PAT seen up 3.1% Q-o-Q to Rs. 749.2 cr: Motilal Oswal Jul 08, 2020 12:47 PM IST

    Tech Mahindra Q1 PAT seen up 3.1% Q-o-Q to Rs. 749.2 cr: Motilal Oswal

    Net Sales are expected to decrease by 5.1 percent Q-o-Q (up 4 percent Y-o-Y) to Rs. 9,003.2 crore, according to Motilal Oswal.

  • HCL Q1 PAT may dip 16% Q-o-Q to Rs. 2,653.9 cr: Motilal Oswal Jul 08, 2020 12:16 PM IST

    HCL Q1 PAT may dip 16% Q-o-Q to Rs. 2,653.9 cr: Motilal Oswal

    Net Sales are expected to decrease by 3.9 percent Q-o-Q (up 8.7 percent Y-o-Y) to Rs. 17,861.8 crore, according to Motilal Oswal.

  • Wipro Q1 PAT may dip 7.7% Q-o-Q to Rs. 2,164.1 cr: Motilal Oswal Jul 08, 2020 12:11 PM IST

    Wipro Q1 PAT may dip 7.7% Q-o-Q to Rs. 2,164.1 cr: Motilal Oswal

    Net Sales are expected to decrease by 4.5 percent Q-o-Q (up 2 percent Y-o-Y) to Rs. 15,098.8 crore, according to Motilal Oswal.

  • Infosys Q1 PAT may dip 11.1% Q-o-Q to Rs. 3,852.8 cr: Motilal Oswal Jul 08, 2020 12:07 PM IST

    Infosys Q1 PAT may dip 11.1% Q-o-Q to Rs. 3,852.8 cr: Motilal Oswal

    Net Sales are expected to decrease by 0.6 percent Q-o-Q (up 6.1 percent Y-o-Y) to Rs. 23,130.9 crore, according to Motilal Oswal.

  • TCS Q1 PAT may dip 0.4% Q-o-Q to Rs. 8,062.8 cr: Motilal Oswal Jul 08, 2020 11:59 AM IST

    TCS Q1 PAT may dip 0.4% Q-o-Q to Rs. 8,062.8 cr: Motilal Oswal

    Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 39,305.7 crore, according to Motilal Oswal.

  • Companies beware, sacked employees could be selling client info on dark web Jun 26, 2020 03:41 PM IST

    Companies beware, sacked employees could be selling client info on dark web

    Kumar Ritesh, founder, Cyfirma, told Moneycontrol the number of sacked employees selling information on the dark web has gone up significantly in the past four months, especially from India.

  • COVID-19, H-1B visa issues to accelerate offshoring in IT firms: Report Jun 19, 2020 08:27 PM IST

    COVID-19, H-1B visa issues to accelerate offshoring in IT firms: Report

    Upcoming executive order will impact new H-1B applicants, whereas renewals and visa transfer applicants are unlikely to be affected.

  • IT, telecom may benefit from COVID-19, say experts; RIL, TCS, Bharti Airtel in focus Jun 18, 2020 12:07 PM IST

    IT, telecom may benefit from COVID-19, say experts; RIL, TCS, Bharti Airtel in focus

    While sectors like mining, automobiles and consumer discretionary have been negatively hit by COVID-19, IT and telecom are the two sectors, as per experts, that have the opportunity to gain from it.

  • Happiest Minds IPO could be a mini-referendum on Indian IT Jun 18, 2020 09:56 AM IST

    Happiest Minds IPO could be a mini-referendum on Indian IT

    The current global reset global may give smaller firms the opportunity to chase business in areas like artificial intelligence, machine learning and security.

  • India’s IT and communications strategy may see shift away from China: Report  Jun 17, 2020 12:04 PM IST

    India’s IT and communications strategy may see shift away from China: Report 

    This is significant, as while the Chinese companies have already received government approvals for 5G trials in India, their role in larger commercial projects is yet undecided

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