Page 23 - It Sector News Today

Nifty ended lower on Thursday in the volatile session, swinging between gains and losses.

While the buyback size represents 1.12 per cent of the total paid-up equity share capital, it will be done for Rs 4,150 per share. Markets were expecting the buyback size of Rs 18,000-22,000 crore and a price of Rs 4,300-4500 per share

The bull argument for the IT sector is this: if you stop expecting the crazy growth rates of the pandemic era and make peace with the current rate of growth, then this is not a bad sector to be in

KARACHI: The share of the IT sector in attracting foreign direct investment and service exports is likely to ...

TCS reported a net profit of Rs 11,342 crore for the September quarter, growing 8.7 percent YoY, driven by a strong order book, especially in the BFSI segment

Investors should brace for negative surprises from the earnings of peers in Q2, which is usually a seasonally quarter for the IT sector

Infosys Q2 Preview: Consolidated revenue from the quarter is seen rising only 1.4% sequentially to Rs 38,472.4 crore, according to the average of estimates given by nine brokerage firms. But on a year-on-year (YoY) basis, it is seen rising 5.3%. Consolidated net profit may rise 5% sequentially and about 4% YoY to Rs 6,240 crore, the estimates showed.

Ravindra, a techie who regularly travels to Whitefield all the way from Vijayanagar in west Bengaluru, told TNM that the finished purple line of the metro rail saves him 20 to 30 minutes of travel time.

The Indian Information Technology sector also has its presence in Israel, just like other developed and developing economies. Let us understand how the recent Israel- Palestine conflict might impact the Indian IT sector

Workers also fear for the stability of a software system that underpins government social services in countries around the world.