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Infosys target price: Brokerages trim Infosys price targets

"Given the strong 2Q and robust deal bookings, the guidance cut is a disappointment and indicates a weak 2H," said Jefferies analysts Akshat Agarwal and Ankur Pant in a note to clients. ....

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Headcount at TCS, Infosys & HCLTech may fall by 50,000 this fiscal; some Indian IT majors giving campus hiring a miss

India Business News: Indian IT companies to see reduction in headcount: In contrast, during the previous fiscal year, these companies collectively added 70,000 employees, ....

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bhashini: Talk to 'Bhashini' for UPI-based services in local languages

In a bid to advance linguistic inclusion in the payments ecosystem, Bhashini – the government’s artificial intelligence-powered multi language national language translation platform – is looking to expand voice-based facilities under the National Payments Corporation of India (NPCI). ....

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sandip sabharwal: For IT, 2024 might be a tougher year than 2023: Sandip Sabharwal

Analyst Sandip Sabharwal believes that 2024 might be a tougher year than 2023, contrary to what most analysts are predicting. He warns investors to be cautious about stocks that have seen a decent run-up in anticipation of performance improvement. Sabharwal also expresses skepticism about the IT sector, stating that while some specific companies may do well, larger diversified IT firms are facing significant challenges. ....

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