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IT firms grapple with increase in employee costs

Employee wage costs at top Indian software services companies reach six-year high ....

Samir Seksaria , Nilanjan Roy , Kamal Karanth , View Full Image , Whatsapp Channels , It Firms , Wage Costs ,

'Tech mood not as bad as in 2008; bet on strong growth'

In an interview, C Vijayakumar, managing director and chief executive of HCL Technologies, said the company slashed its FY24 guidance due to a weak overall first half of this fiscal. ....

C Vijaykumar , Hcl Technologies , September Quarter , Net Profit , Operating Margin , Fy24 Guidance ,

Infosys, HCL Tech cut financial year 2023-24, revenue forecast

India Business News: Infosys and HCLTech have both cut revenue forecasts for the 2023-24 financial year, underscoring the continuing softness in discretionary spends by cl ....

Salil Parekh , Business News , Md Salil Parekh , Hcl Tech ,

tcs: HCL, TCS leading the growth in tier I names followed by Infy, Tech M & Wipro: Rahul Jain

Rahul Jain of Dolat Capital believes that long-term investors are giving up on the upside in largecap stocks due to disappointing results. Infosys, in particular, has cut its guidance for the second quarter in a row, indicating more pressure ahead. Jain explains that the revenue growth is not translating from the order book due to delayed starts and a decrease in discretionary spending by clients. He expects a severe cut in stock prices and suggests that midcap stocks with better execution may face more pressure compared to tier I stocks. ....

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HCL Tech share price: HCL Tech shares jump 3.5% on Q2 results. What should investors do now?

IT services company HCL Technologies on Thursday reported a 10% growth in its consolidated net profit at Rs 3,832 crore for the quarter ended September 2023. The same stood at Rs 3,489 crore in the last year period. Revenue from operations during the period rose 8% to Rs 26,672 crore as against Rs 24,686 crore in the corresponding quarter last year. ....

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