Chart of the Day: ISG index predicts more pain for as-a-service IT companies
Contract awards in the as-a-service market declined 13 percent in March 2023 quarter but IT services are expected to fare relatively better
For Infosys and TCS, the COVID boom is ending without profit margin repair
The FY24 profit margins of Infosys and TCS are lower than in pre COVID years
Investors should mind the difference between Accenture and Indian IT firms
Accenture is more diversified than India listed IT firms
Economic fallout of banking crisis a bigger risk for IT sector
If the banking turmoil adds to consumers’ anxiety about future incomes, it could trigger a deeper economic slowdown
TCS' CEO exit makes leadership changes a key factor to watch
If he retired from TCS, Rajesh Gopinathan's tenure would have lasted for 13 more years. The new CEO's tenure will be for 7-8 years before he reaches retirement age
TCS management change: A surprise move, but not a setback
As deal wins gain ground, the IT major from the Tata stable is well placed to gain from this ongoing trend
With new CEO, TechM should aim at consistent business performance
Business mix improved under CP Gurnani. But the company was unable to match industry-leading growth rates
Meet GCCs that are deepening India's tech industry
Global capability centres are playing a crucial role in making India an important destination for engineering R&D
'India to be the cheapest 5G market globally' — When Bill Gates hailed India's digital infrastructure
Billionaire philanthropist and Microsoft co-founder Bill Gates lauded the rapid growth in India's digital connectivity while attending the ‘Promise of Digital Public Infrastructure’ event on March 1. While answering a question, he talked about the high percentage of people in India using smartphones and how the country is going to become the cheapest 5G market in the future. “India has a great digital network," Gates said.
How many countries provide 5G services? Was 4G in India cheaper than in other countries? Watch to know more.
LIVE: Nasscom Technology & Leadership Forum 2023: Shaping The Techade
Nasscom Technology and Leadership Forum to discuss, deliberate and celebrate the impact of technology in shaping our future. Coming for the first time in a hybrid avatar, the global platform will bring together the entire ecosystem - technology providers, start-ups, product companies, digital innovators, academia, policymakers, and customers - under one roof. Watch the event LIVE on Moneycontrol!
Capgemini results indicate soft landing for IT services
Capgemini projects revenue slowdown in 2023 but the company continues to see decent order bookings
Cognizant repair can make slowdown tougher for Indian IT
If successful, the new CEO can arrest market share losses and raise competition for large deals
IT investors should mind the gap between orders and revenues
Amid macroeconomic uncertainty, clients are delaying project ramp-ups. Some sectors are seeing pullbacks in discretionary spends
Better be cautious on Wipro after Q3 FY23
The disconnect between order flows and execution is baffling; one should wait for performance to catch up before turning constructive
HCL Tech Q3 FY23 – All-round strong show
HCL Tech remains positive on tech spends of clients and their compulsion to continue with digital transformation and cloud adoption
Accenture results signal more trouble for midcap IT stocks
Smaller deals that have powered Indian IT’s order inflows in recent quarters are seeing a slowdown
WATCH| Cyber Attacks On The Rise: Do You Need A Cyber Insurance Policy?
The AIIMS ransomware attack has thrown one thing back into the spotlight - the need for CYBERSECURITY, especially since COVID-19 has accelerated the pace of digitisation of systems and information. An individual, a company or an organisation is being cyber-attacked every 11 seconds according to estimates - and we've seen how government Twitter handles and databases are being targeted. As attacks turn more frequent and sophisticated - the approach to cyber-security needs to be proactive, not reactive. Does India need a dedicated cyber safety law? And until then... should YOU invest in a cyber-insurance policy? Watch to find out!
In a first, TCS, Infosys, Wipro results on same day. Market watchers trade memes, jokes
For the first time, India's three top infotech companies – Tata Consultancy Services (TCS), Infosys and Wipro – are kicking off the IT results season for October-December on the same day.
Suspected Chinese-backed hackers targeted BSNL, Indian defence sector players, says Recorded Future
According to the report, Indian defence contractors were heavily targeted after border tensions between India and China escalated in 2020
COVID-19 is changing the way TCS, Infosys hire and deploy employees
Infosys rolled out a ‘talent anywhere’ model and plans to recruit in towns and cities where it does not have offices
Zensar – A high risk bet for the patient investor
While the upside in Zensar may be meaningful, it is uncertain and warrants patience. However, the valuation discount makes it a worthy bet for the risk taker
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
Mindtree – Can it maintain its winning streak?
Mindree remains a winner for the long term, investors may like to take the profit on our tactical call and re-enter, should the stock correct because of market consolidation
Indian software biggies ride a third wave
Goldman Sachs foresees a third wave which will create a rising tide that will lift all boats, particularly the more robust ones like TCS, Infosys and HCL Technologies
