Page 19 - It Sector News Today

The Sensex and the Nifty gained up to 0.55 per cent on all-round buying that was steered by IT stocks as investors are bullish on the sector staging a comeback

Europe-specific tech partners have not been able to manage the cost inflation situation and the pricing situation as well as Indian players, analysts said.

Move comes after P@SHA made urgent appeal warning of consequences to sector

With the production of 40 per cent of the mobile handsets and a staggering 55 per cent of the country’s mobile components in Uttar Pradesh, it has emerged as one of the leading states in the IT sector and electronic goods market. This feat is just one example of Uttar Pradesh’s dominant

Wipro, the countrys fourth-largest IT firm, said it is implementing a "compulsory hybrid work policy requiring a minimum of three days in the office". The company said this is an "important adjustment to our return-to-office approach".

Despite a few companies like Happiest Minds and Mphasis missing estimates due to wage hikes and sustained pressure on the BFSI segment, analysts see the midcap segment continuing to end the fiscal on a strong note.

Chennai: Chennai: Chief minister M K Stalin on Tuesday inaugurated the first phase of International Tech Park Chennai promising overall growth of the .

Policy enables exporters to keep more foreign earnings in their accounts

Among the top 5 Indian IT companies, Tech Mahindra was the only firm to report a plunge in operating margins in Q2 though it had a positive net headcount addition and QoQ increase in deal wins.

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