Stay updated with breaking news from Rishit Parikh. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Read more about Infosys Q4FY21 preview: PAT seen rising 14-23%; buyback details eyed on Business Standard. Infosys Q4FY21 preview: The company board will also consider a share buyback during a meeting on April 14. Following this development, the stock had hit a 52-week high of Rs 1,480 on the BSE on Monday
TCS Q4 Preview: As the information technology (IT) services sector looks poised to continue with its trailblazing journey in the March quarter of the financial year 2020-2021 (Q4FY21), analysts expect the Tata Group crown jewel Tata Consultancy Services (TCS) to maintain its leadership position in the space in terms of revenue growth and margin expansion. TCS is expected to achieve this feat aided by certain large deals such as Postbank and Prudential Financial, ramp-up in multiple $50-100 million deals won in the preceding quarter, and strong demand in areas of cloud and customer experience....
Dalal Street gave a lukewarm response to Wipro's buyout worth $1.45 billion (over Rs 10,500 crore), its biggest ever, of London-headquartered Capco as the shares of the firm tanked 4 per cent on the BSE to Rs 421.30 in Friday's trade following the announcement of the deal. Wipro on Thursday said the acquisition will provide it access to 30 new large banking and financial clients and strengthen its position in the Banking, Financial Services and Insurance (BFSI) sector. The BFSI segment accounted for over 30 per cent of Wipro's IT services revenue in the December 2020 quarter that stood at $2...