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  • MC Exclusive | Wipro holds back April-June quarter variable payouts for mid, senior-level employees Aug 17, 2022 04:05 PM IST

    MC Exclusive | Wipro holds back April-June quarter variable payouts for mid, senior-level employees

    Wipro's move to pause variable pay and defend margins comes amid fears of a possible recession in the US

  • Balaji Solutions files draft papers to raise funds through listing Aug 16, 2022 12:44 PM IST

    Balaji Solutions files draft papers to raise funds through listing

    Balaji Solutions files draft papers with SEBI to raise funds via IPO

  • IT spends in good shape; see continued strength in US, European markets: Infosys CEO Aug 09, 2022 06:16 PM IST

    IT spends in good shape; see continued strength in US, European markets: Infosys CEO

    Infosys' top boss told PTI in an interview that the company sees continued strength in both US and European markets, although it is keeping a close watch on the macroeconomic environment as "these are things one has to monitor on a constant basis".

  • No successful data breach yet, but tighter third-parties checks must for preventing privacy breach, HDFC Bank CISO says Aug 04, 2022 04:15 PM IST

    No successful data breach yet, but tighter third-parties checks must for preventing privacy breach, HDFC Bank CISO says

    More awareness among customers and employees essential to prevent data leakage, the CISO said

  • KPIT: A compelling CASE for long-term investment Jul 28, 2022 10:37 AM IST

    KPIT: A compelling CASE for long-term investment

    The KPIT management reiterated the revenue guidance of 18-21 percent in CC terms for FY23, with an 18-19 percent EBIT margin

  • Sensex, Nifty climb nearly 1%; IT, banking stocks shine Jul 27, 2022 05:38 PM IST

    Sensex, Nifty climb nearly 1%; IT, banking stocks shine

    At the closing bell, the 30-share BSE benchmark jumped 547.83 points or 0.99 percent to settle at 55,816.32.

  • Early Birds: Margins take a hit on commodity price volatility in June quarter Jul 27, 2022 03:21 PM IST

    Early Birds: Margins take a hit on commodity price volatility in June quarter

    A Moneycontrol analysis of 169 companies, which have announced their June quarter earnings and for which data is available for the 25 preceding quarters, shows that aggregate operating profit margin was at 20.83%, the lowest growth since June 2020

  • Infosys to hire 300 Singaporean workers over the next three years Jul 26, 2022 12:18 PM IST

    Infosys to hire 300 Singaporean workers over the next three years

    The IT major has collaborated with the Infocomm Media Development Authority of Singapore and the hiring plan was in keeping with its commitment to the firm's localisation strategy, Infosys has said

  • Mphasis: Good quarter but valuation tempers excitement Jul 25, 2022 09:53 AM IST

    Mphasis: Good quarter but valuation tempers excitement

    Mphasis's revenue has grown at a 5-year CAGR of 14.5 percent over 2017-22 on the back of direct deal wins, which have grown at a CAGR of 31 percent over the same period, the bulk of them in new-gen businesses

  • Infosys Q1 results| Overall pipeline strong, good demand outlook on large deals says CEO Salil Parekh Jul 24, 2022 09:29 PM IST

    Infosys Q1 results| Overall pipeline strong, good demand outlook on large deals says CEO Salil Parekh

    Infosys revised its revenue growth guidance to 14-16 percent from 13-15 percent for FY23.

  • Electronic goods exports rise to Rs 1.16 lakh crore in 2021 to 2022: Rajeev Chandrasekhar Jul 20, 2022 05:15 PM IST

    Electronic goods exports rise to Rs 1.16 lakh crore in 2021 to 2022: Rajeev Chandrasekhar

    Minister of state for electronics and IT Rajeev Chandrasekhar in a written reply to the Lok Sabha said there has been an increase in both manufacturing and exports of electronic goods in the country in the last five years.

  • New work-from-home rules for SEZs will help employers get employees back to office: Experts Jul 20, 2022 12:38 PM IST

    New work-from-home rules for SEZs will help employers get employees back to office: Experts

    A new rule has been added that applies to employees of IT/ITeS units, employees who are temporarily incapacitated, those who are travelling and those who are working offsite

  • These stocks will be either winners or losers due to rupee weakening Jul 19, 2022 04:22 PM IST

    These stocks will be either winners or losers due to rupee weakening

    Information technology, pharmaceutical and textile industries may benefit because they are net exporters. Oil and gas and aviation are some of the sectors which will have a negative impact on the rupee weakness.

  • India pushes for amendment to DTAA to stop double taxation of IT firms in Australia Jul 14, 2022 12:42 PM IST

    India pushes for amendment to DTAA to stop double taxation of IT firms in Australia

    India has also taken up with Australia the delay in processing visas for students heading to Australia for higher studies

  • Honda Motorcycle inks pact with IT infrastructure firm Kyndryl Jul 14, 2022 10:58 AM IST

    Honda Motorcycle inks pact with IT infrastructure firm Kyndryl

    Under the collaboration, Kyndryl will help Honda Motorcycle and Scooter India (HMSI) elevate its IT and security transformation journey across its manufacturing plants, the company said in a statement.

  • Infosys to acquire tech and consulting firm BASE life science Jul 13, 2022 09:25 PM IST

    Infosys to acquire tech and consulting firm BASE life science

    The acquisition is scheduled to close during the second quarter of 2023 fiscal.

  • Indian staffing industry added 2.27 lakh new formal workforce in FY22, women participation in flexi work at 27% Jul 12, 2022 03:09 PM IST

    Indian staffing industry added 2.27 lakh new formal workforce in FY22, women participation in flexi work at 27%

    Indian Staffing Federation said the new additions are almost 22 percent more than the year before period, and projected that some of the sectors including fintech, IT and IT-Infra will continue to do well in FY23.

  • TCS reports growth numbers of restructured business groups in Q1 Jul 08, 2022 10:51 PM IST

    TCS reports growth numbers of restructured business groups in Q1

    While the Business Transformation Group grew 5.6 percent in the first quarter, Relationship Incubation Group reported over 5 percent growth and the Enterprise Group grew by 17 percent YoY

  • From IT to retail, the top five sectors where hiring continues to be strong Jul 08, 2022 04:32 PM IST

    From IT to retail, the top five sectors where hiring continues to be strong

    This assertion from staffing firms and job aggregators also syncs with broader government figures related to merchandise export, GST collections and payroll numbers.

  • TCS Q1 PAT seen up 0.9% QoQ to Rs. 10,050 cr: Motilal Oswal Jul 08, 2022 01:04 PM IST

    TCS Q1 PAT seen up 0.9% QoQ to Rs. 10,050 cr: Motilal Oswal

    Net Sales are expected to increase by 3.4 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs. 52,320 crore, according to Motilal Oswal.

  • Cyient Q1 PAT may dip 34.7% QoQ to Rs. 100 cr: Motilal Oswal Jul 08, 2022 12:32 PM IST

    Cyient Q1 PAT may dip 34.7% QoQ to Rs. 100 cr: Motilal Oswal

    Net Sales are expected to increase by 4.4 percent Q-o-Q (up 16.5 percent Y-o-Y) to Rs. 1,230 crore, according to Motilal Oswal.

  • India Inc’s hiring appetite to grow in Q2; IT, FMCG, Education among key sectoral drivers: TeamLease Jul 06, 2022 04:10 PM IST

    India Inc’s hiring appetite to grow in Q2; IT, FMCG, Education among key sectoral drivers: TeamLease

    Attrition continues to be high in sectors like IT (22%), educational services (13.11%), healthcare and pharma (12.25%) and ecommerce (11.04%) .

  • 61% of India Inc keen to hire young talent in Q2 2022: TeamLease Report Jul 06, 2022 03:31 PM IST

    61% of India Inc keen to hire young talent in Q2 2022: TeamLease Report

    Hiring sentiment has also witnessed a 7% increase over the last quarter.

  • Zen Technologies Q1 PAT may dip 44.6% QoQ to Rs. 70 cr: Motilal Oswal Jul 05, 2022 01:03 PM IST

    Zen Technologies Q1 PAT may dip 44.6% QoQ to Rs. 70 cr: Motilal Oswal

    Net Sales are expected to increase by 2.8 percent Q-o-Q (up 26.6 percent Y-o-Y) to Rs. 1,190 crore, according to Motilal Oswal.

  • Coforge Q1 PAT may dip 11.2% QoQ to Rs. 200 cr: Motilal Oswal Jul 05, 2022 01:01 PM IST

    Coforge Q1 PAT may dip 11.2% QoQ to Rs. 200 cr: Motilal Oswal

    Net Sales are expected to increase by 5.9 percent Q-o-Q (up 26.2 percent Y-o-Y) to Rs. 1,850 crore, according to Motilal Oswal.

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