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Information technology

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

Thu, Jan 04, 2024

JP Morgan's report on ITSector, expecting recovery in the sector, upgraded some stocks, upgraded Infosys and LTTS to Overweight rating, know complete details in this video

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

Thu, Dec 14, 2023

IT companies boom in 2024! IT budget is going to increase in the new year, growth triggers for IT companies, #ITIndex at 20 month high, change in guidance of IT companies also possible

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Thu, Oct 05, 2023

Global brokerages bullish on T companies. Why did trust in IT companies increase? Top pick in IT of Global Brokerages? See complete details in this video

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Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Mon, Oct 24, 2016

Till last week, these companies contributed nearly Rs 18,191.29 crore market value on BSE.

Mastek shares soar 14% on robust Q2 net profit

Mastek shares soar 14% on robust Q2 net profit

Tue, Oct 18, 2016

Abhishek Singh, Group CFO, Mastek said,"The financial performance was in line with our expectations. The margin improvement initiatives started in prior quarters have started to yield result. While we expect topline to be under pressure due to adverse movement in GBP, we expect the profitability momentum to continue in H2 FY17."

Zensar Technologies tumble 4% as net profit declines

Zensar Technologies tumble 4% as net profit declines

Tue, Oct 18, 2016

In quarter ended September 30, 2016, the company reported net profit of Rs 74.54 crore, a decline of 22.81% from Rs 96.57 crore a year ago same period.

Q2 review: BFSI, Retail pressure seen on TCS, Infosys

Q2 review: BFSI, Retail pressure seen on TCS, Infosys

Fri, Oct 14, 2016

Analysts expected India's IT sector to report growth but flagged banking & financial services (BFSI) vertical as the weakest link. The fears have come true.

Infosys profit jumps but shares crack as company cuts revenue guidance

Infosys profit jumps but shares crack as company cuts revenue guidance

Fri, Oct 14, 2016

Expects FY17 revenue to rise 8%-9% in constant currency terms versus 10.5%-12% earlier outlook

Q2 Pre-result effect: TCS falls 1.6%, Infosys gains 2%

Q2 Pre-result effect: TCS falls 1.6%, Infosys gains 2%

Thu, Oct 13, 2016

However, shares of TCS were trading at Rs 2338 per share, down 1.77% at 11.53 am, while shares of Infosys, were trading higher by 1.88% on BSE, at Rs 1048.25 per share.

TCS Q2 result: Shares drop over 1%; What to expect?

TCS Q2 result: Shares drop over 1%; What to expect?

Thu, Oct 13, 2016

TCS is estimated to report 2.4% growth in c/c and cross-currency impact of 90 bps. Also, cross-currency headwind from 13% exposure to GBP (depreciated 8.5% versus US$) will be partly offset by about 4% exposure to Japanese yen (appreciated 5% versus US$).

Majesco and Life.io enters into strategic partnership

Majesco and Life.io enters into strategic partnership

Wed, Oct 12, 2016

Chad Hersh, EVP of the L&A and Group Business for Majesco said, "The combination of Majesco DigitalConnect pre-integrated with Majesco Policy for L&A and Group together with Life.io creates a compelling platform for insurers to meet a fast changing market. We are excited about the partnership and what it will offer the industry and our customers."

This is how India Inc's second quarter performance may shape up

This is how India Inc's second quarter performance may shape up

Mon, Oct 10, 2016

Prasad Koparkar, Senior Director, CRISIL Research said," The second quarter, we expect sectors focused on urban and rural consumption such as automobiles and retail, along with pharmaceuticals and IT services, to record double-digit revenue growth.”

Bajaj Electrical, WISeKey tie-up to create first ever IoT Digital platform

Bajaj Electrical, WISeKey tie-up to create first ever IoT Digital platform

Sat, Oct 08, 2016

Swiss-based WISeKey International and Bajaj Electricals in a meeting held on Friday, entered into partnership for creating the first ever IoT Trusted Platform.

Cognizant Technology shares trade at 23-month low, on US investigation

Cognizant Technology shares trade at 23-month low, on US investigation

Fri, Sep 30, 2016

Cognizant said, “The company is conducting an internal investigation into whether certain payments relating to facilities in India were made improperly and in possible violation of the US Foreign Corrupt Practices Act and other applicable laws,” said a statement issued to the US stock exchange.”

Google gifts India various new platforms on its 18th Birthday

Google gifts India various new platforms on its 18th Birthday

Tue, Sep 27, 2016

It said in a statement,"Growth of Internet has been explosive in India. Every second, three more Indians come online for the first time — that’s over 10,000 people every hour. But this latest wave of Internet users still has significant barriers to getting the most out of the Internet: low-powered phones, 2G connections, and very little data."

Indian cyber security body opens first global chapter

Indian cyber security body opens first global chapter

Sat, Sep 24, 2016

The DSCI Singapore chapter will help build linkages with various stakeholders in the government, industry and academia and establish channels of collaboration on policy deliberation, industry development and capacity building on security privacy and cyber crime investigation, among others.

Apple iPhone 7 enters 30 more countries

Apple iPhone 7 enters 30 more countries

Sat, Sep 24, 2016

Coming in silver, gold, rose gold and the new black finish (jet black), iPhone 7 and iPhone 7 Plus will be available in 32GB, 128GB and 256GB models, starting at Rs 60,000, in India.

Wipro and Witbe enter into partnership to offer services in media industry

Wipro and Witbe enter into partnership to offer services in media industry

Tue, Sep 20, 2016

Anita Ganti, Senior Vice President of Wipro said, This partnership builds on our offering of managed services programs, and Test automation-as-a-service. Our dedicated Witbe Competency lab offers strong competency on Witbe products and technologies, and experts who provide remote automation services to our customers.”

Wipro partners with IntSight to deliver 'Threat Intelligence' as service

Wipro partners with IntSight to deliver 'Threat Intelligence' as service

Mon, Sep 12, 2016

With this move, Wipro focuses in providing a solid foundation for an end-to-end solution spanning intelligence gathering to threat mitigation and remediation.

TCS once again bags leadership in Everest group banking AO peak matrix

TCS once again bags leadership in Everest group banking AO peak matrix

Wed, Sep 07, 2016

It said in a statement that, "TCS was recognized for its industry leading domanin solutions, strong delivery and execution capabilities and success in both mid and large client segments. "

Infosys enters into joint venture agreement with Saudi Prerogative Company

Infosys enters into joint venture agreement with Saudi Prerogative Company

Fri, Sep 02, 2016

"Under the agreement there are no issuance of company shares. However, the investment in the JV will be in cash of $ 3,12,671 (SAR 1,172,501) in the equity share capital of the proposed joint venture company, "It said in the statement.

Wipro - Stibo System tie up to offer MDM solutions

Wipro - Stibo System tie up to offer MDM solutions

Mon, Aug 29, 2016

As a part of the partnership, Wipro and Stibo also plans to set-up a state-of-the-art MDM centre of excellence (CEO) in Bangalore to showcase industry best prectices, standards and guidelines that can be leveraged for customer projects.

Investors cheer Tech Mahindra on approval for acquiring Target Group

Investors cheer Tech Mahindra on approval for acquiring Target Group

Wed, Aug 24, 2016

Tech Mahindra in a statement said,"The United Kingdom's financial conduct authorit (FCA) has confirmed that it has formally approved the acquisition of Target Group - a financial services outsourcing and software provider."

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