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work from office: IT companies nudge staff to work from office all five days

This push to return to office is being implemented by IT/BPM and some technology companies across the country through verbal and informal communication channels, the people cited earlier said, as the industry faces a client demand crunch due to the global macroeconomic crisis which is squeezing tech spending. ....

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Earnings preview: Indian IT firms to report soft numbers in Q2FY24

Indian IT firms are likely to report softer Q2FY24 numbers due to headwinds in key markets, leading to a decline in EBIT margin on a YoY basis. Q2FY24 numbers may be better than last quarter but may still fail to meet expectations. ....

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TCS Q2 results, dividend on October 11: Management commentary, deal wins & other things to watch out

BNP Paribas anticipated dollar revenue growth at 1.5 per cent sequentially amid continued impact of a slowdown-related cuts in discretionary tech spending, partially offset by large deal ramp-ups.

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nifty: Contra bet? IT stocks shrug off earnings growth risks, outpace Nifty 50 in H1FY24

Despite concerns about global slowdown and earnings growth risks, the information technology (IT) sector has contributed significantly to the benchmark Nifty 50 s gains in the last six months. IT stocks have outperformed banks and helped the index surpass the 20,000-mark. Eight out of ten constituents of the Nifty IT index have delivered double-digit returns. The gains have been driven by short covering and fresh bullish positions. The sustainability of this momentum will depend on the September quarter results and guidance for the second half of FY24. ....

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