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Q3 results: HCLTech bucks trend, Wipro's woes continue, Telecom News, ET Telecom

HCLTech, India s third-largest software exporter, outperformed expectations with a 6.2% rise in net profit and a 6.5% increase in revenues in Q3. Meanwhile, Wipro reported a steep 12% fall in profits and a 4.4% dip in revenue. HCLTech s success can be attributed to the $2.1-billion Verizon deal and an increase in headcount. ....

Thierry Delaporte , Jatin Dalal , Shiv Nadar Founded , Large Deal , Rt Services , It Firms ,

Top four IT firms report 50,000 fall in headcount over last year, ET Telecom

IT Firms: Over the year, the headcount at India’s largest software services firm, TCS, dropped by 10,669. Infosys reported a 24,182 reduction, while Wipro posted a 18,510 fall. At HCLTech, the number increased by 2,486 ....

Theirry Delaporte , Mohd Haque , Jatin Dalal , Bhavani Balasubramanian , Saurabh Govil , Aparna Iyer , Ramachandran Sundararajan , Rahul Singh , Salil Parekh , Officer Jatin Dalal , Tech Mahindra , Teamlease Digital , It Firms , Tata Consultancy Services , Teamlease Digital , Tech Mahindra ,

IT's not so bad: Dalal Street indices soar to fresh highs, Telecom News, ET Telecom

The Nifty IT index jumped 5.1% with Infosys soaring 8% and TCS rising 3.9% after their December quarter results and the associated commentary kept hopes alive that the environment may not deteriorate further. ....

United States , Hong Kong , United Kingdom , Red Sea , Djibouti General , South Korea , Aamar Deo Singh , Dharmesh Shah , Wall Street , Nifty Small Cap , Information Technology Shares , Dalal Street ,