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The pandemic saw firms world over scrambling to digitise their businesses, a trend that made IT services companies hire people in droves to handle the demand. The pandemic’s gone now, but the hired people are still around, mostly

It is an uptrend signal if the RSI value has crossed above 50 from below.

Anand James advises on Nifty IT index oversold zone pull back due to seasonality. Stocks like TCS, Infosys, Wipro, Tech Mahindra, Mphasis may lead the rebound. Watch for dead cat bounce risk, short covering rallies, and potential breakout signals in PSU stocks. James says: "Should Nifty Bank manage to push above 49100, one could brace for short covering rallies with eyes on 49500 in initially."

Infosys, TCS and HCL Tech remain top picks of brokerage firm Kotak Institutional Equities followed by Cyient in the mid-tier segment amid an extended outlook for weak demand and macro uncertainty in the IT sector.

Padala Subbi Reddy, the outgoing chief executive of Indias largest commodities derivatives exchange, recalls a rather turbulent phase for the bourse as it scrambled to transition its technology vendor amid the pandemic lockdowns

TECH NEWS : DigiYatra, India's aviation digital service, faced app challenges due to IT changes. The new app prioritizes privacy and plans international partnersh

TCS techie turns Zomato agent; shares delivery partners’ pain points in heartful LinkedIn post : Rashtra News #TCS #techie #turns #Zomato #agent #shares #delivery #partners #pain #points #heartful #LinkedIn #post New Delhi: Srinivasan Jayaraman, who left his job at Tata Consultancy Services (TCS), had a week to kill before joining a new company. He started

The Container Store Group, Inc. (NYSE:TCS – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 479,000 shares, a decrease of 15.2% from the March 31st total of 565,000 shares. Based on an average trading volume of […]

TCS CEO challenged the notion that generative AI would lead to a reduction of jobs

The Container Store Group, Inc. (NYSE:TCS – Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 479,000 shares, a drop of 15.2% from the March 31st total of 565,000 shares. Currently, 1.4% of the shares of the company are short […]