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LTIMindtree reports drop in quarterly revenue, margin falls further

The software services company’s revenue for the March quarter fell 1.3% sequentially to $1.07 billion, from $1.08 billion in the quarter ended December 2023. The IT company’s full-year revenue came in at $4.29 billion, up 4.4% from $4.11 billion a year ago.

Mumbai , Maharashtra , India , United-states , America , Omkar-tanksale , Bloomberg , Persistent-systems-ltd , Mindtree-limited , North-america , Ltimindtree-q4-results ,

IT companies: Top IT firms saw wage bills rise 5.5% even as revenue growth dips

IT companies' cumulative wage cost rose by Rs 18,036 crore in the fiscal year. Experts said this was due to continuity in lateral hiring in high-demand areas such as AI, machine learning, and cloud and engineering services, coupled with the salary increments, even though they are in the lower single digits.

Lucknow , Uttar-pradesh , India , Kozhikode , Kerala , Germany , German , Gfxxs-ettech , Omkar-tanksale , Gaurav-vasu , Programme-in-fintech , Wipro

TCS earnings: TCS performance strong but keep eye on verticals and outlook: Omkar Tanksale

Analyst optimistic about TCS's growth, citing strong execution and deal pipeline. Premium valuations justified by client engagement.Tanksale says: "There are definitely uncertainties lagging the growth drivers on the laggard part but TCS is likely to cope up. But still, it is very important to watch out for the vertical commentary and outlook."

Kozhikode , Kerala , India , Lucknow , Uttar-pradesh , Omkar-tanksale , Indian-school-of-business , Equity-research-analyst , Offering-college , Axis-securities , Leadership-excellence , Product-officer

Tech Mahindra's big push for growth: Will new CEO & MD Mohit Joshi's strategy work?

Under new boss Mohit Joshi, Tech Mahindra is drawing up an interesting growth story. But there are numerous challenges

Mumbai , Maharashtra , India , London , City-of , United-kingdom , Singapore , Pune , Chakan , Omkar-tanksale , Spencer-stuart , Samco-mehta

Infosys back on campuses to hire for niche job profiles

Infosys had hired 51,300 fresh graduates in FY23. However, last year, it kept its distance from campuses

India , Bengaluru , Karnataka , Savitha-rani , Omkar-tanksale , Rv-college-of-engineering , Technologies-ltd , Cognizant-technology-solutions-corp , Wipro-ltd , Tata-consultancy-services-ltd , Amazon-web-services , Infosys

Tech firms' temp worker costs dip as demand falls

Tata Consultancy Services, Infosys, HCL Technologies, and Wipro have all seen a decrease in sub-contractor expenses as a percentage of revenue, signaling improved profitability. These costs had surged during the pandemic but have now fallen below or near pre-outbreak levels.

Omkar-tanksale , Rituparna-chakraborty , Infosys , Wipro , Lockdown , Tcs , Hcl-tech ,

Deal win momentum slows down for Indian IT players - The Hindu BusinessLine

Deal win momentum slows down for Indian IT players - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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TCS: TCS and Infosys log muted sales growth - The Economic Times

At the post-results briefings, senior executives at Infosys and TCS said there were few signs of recovery in global demand for technology services, which has been buffeted by macroeconomic and geopolitical uncertainty for nearly two years now.

Bengaluru , Karnataka , India , United-kingdom , Delhi , United-states , Kozhikode , Kerala , American , N-ganapathy-subramaniam , Nilanjan-roy , Omkar-tanksale

In slow December quarter, TCS beats Infosys

Both IT industry heavyweights risk reporting among their slowest full-year growth

Mumbai , Maharashtra , India , United-states , America , Apurva-prasad , Omkar-tanksale , Salil-parekh , Technologies-ltd , Walmart , Bloomberg , Jp-morgan

Indian IT Industry grappled with gloom amid economic slowdown in 2023

Indian IT Industry grappled with gloom amid economic slowdown in 2023
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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