Page 12 - It Sector News Today

HCL Technologies is on track to be the fastest-growing of Indias top four IT services providers, while Wipros lacklustre financial year has continued

TCS board also approved dividend of Rs 27 per share, including special dividend of Rs 18 for the financial year 2023-2024.

Infosys Q3 results: The firm posted a consolidated net profit of ₹6,106 crore, down over 7 percent from ₹6,586 crore in the year-ago period. It has revised FY24 revenue guidance to 1.5-2.0 percent as against 1-2.5 percent earlier.

Aims to empower 1.5 million freelancers, enhance earnings to $10 billion annually

Both IT industry heavyweights risk reporting among their slowest full-year growth

Despite expectations of a muted Q3, analysts are betting on hopes of an improved macro environment for the IT sector as central banks hop on to the rate-cutting cycle.

TCS will be announcing its third quarter earnings for FY24 on January 11.

Vandrevala joined TCS back in 1982 and served as a key part of the leadership team for decades. As Vice-Chairman and MD of Diligenta, he led TCS’s life insurance and pensions industry business to new heights

India Business News: Stock market today: BSE Sensex and Nifty50 were trading in red on Monday, starting the second week of 2024 on a bearish note. BSE Sensex plunged as mu

After an unusually solid September quarter, not a single mega deal was announced by Indian IT during the third quarter. A weak FY24 exit looks imminent