Mon, Nov 18, 2024
The IT sector is expected to witness subdued growth in the third quarter of FY25, primarily due to seasonal factors, according to a report by Centrum.
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Tue, Apr 30, 2024
IT sector outlook: As per Sunil Damania, Chief Investment Officer, MojoPMS, the IT sector underperformed in Q4FY24 and experienced a decline of approximately 6 per cent. This decline is primarily attributed to concerns about the business outlook.
Tue, Apr 23, 2024
The company will prioritise growth over profitability, said CEO.
Wed, Dec 27, 2023
The IT sector has been estimated to have witnessed a growth of 40-45 per cent of jobs in 2023 as compared to 2022.
Fri, Oct 13, 2023
IT Sector: Bull Vs Bear. Will the IT sector rise or fall? What are the arguments for bullishness or recession? Learn in this video
Wed, Jul 19, 2023
Decreased expenditure on IT in 2023, Gartner's estimate on IT expenditure In which sector is the maximum expenditure on IT? How did it stop, replacement of software?
Mon, Jan 16, 2023
The tech earnings season began with large IT companies -- Tata Consultancy Services (TCS), Infosys, Wipro and HCL Technologies -- declaring their Q3 report card this week, amid analysts' gloomy prognosis around slowdown in advanced economies and fear of geopolitical flare-ups.
Thu, Jan 12, 2023
Infosys' net profit came in at Rs 6,590 crore for the October-December period, posting an increase of 9.5 percent compared with the previous quarter and meeting analysts' estimates.
Tue, Nov 01, 2022
Apart from IT, other sectors that recorded a notable decline in hiring sentiments included telecom and healthcare.
Mon, Aug 29, 2022
The tech sector has accounted for an average 38-40 per cent share in annual leasing activity in the Bengaluru office market, which is higher than the national average of 35 per cent.
Thu, Jul 28, 2022
According to IBEF, in 2020-21, India ranked third worldwide with 608,000 cloud experts across all verticals, including technology.
Tue, Jul 05, 2022
The June quarter earnings season has begun this week and Tata Consultancy Services (TCS) will be the first major NIfty50 company and stalwart in the IT sector to announce its Q1FY23 results on Friday, July 8, 2022.
Thu, Jun 16, 2022
Indian private equity (PE) investments reached $70 billion in 2021 in more than 2,000 deals - an 87 per cent increase over the volumes in 2022.
Mon, Apr 25, 2022
Prateek Aggarwal, Chief Financial Officer, HCL Technologies, talks about Q4FY22 numbers and expected growth and margin guidance for FY23 during a candid chat with Swati Khandelwal, Zee Business.
Thu, Apr 21, 2022
The Indian startup ecosystem has gained global recognition and respect, Minister for IT and Communications Ashwini Vaishnaw said on Thursday, exhorting the startups and entrepreneurs to come out with inclusive new-age solutions to transform the lives of poor and marginalised sections.
Tue, Apr 05, 2022
Tarun Birani, Founder CEO at TBNG Capital Advisors said that India's IT sector has a healthy order book and growth levers are in place which puts many companies on the cusp of a multi-year growth trajectory.
Fri, Feb 18, 2022
Indian IT companies are expected to hire about 3.6 lakh freshers in the services industry during the current financial year, market intelligence firm Unearthinsight said on Thursday.
Tue, Dec 22, 2020
Goldman Sachs has put a 12 month target price of Rs 1369 on Infosys and this implies 17% potential upside vs the sector coverage average of 4%. Goldman Sachs 12 month target price of Rs 1795 on Mindtree implies 23% potential upside vs the sector coverage average of 4%. Digitalization at scale and COVID-19’s acceleration of Work from Anywhere has boosted technology demand across industry verticals and geographies.
Mon, May 06, 2019
The fastest growth will be in the business process outsourcing sector, which is estimated to grow at over 14 percent to USD 1.9 billion, the estimate by the consultancy firm Gartner said.
Wed, Mar 20, 2019
Citing the data by apex industry body Nasscom, he said the IT sector has spawned 8.73 lakh jobs in the past five years under Prime Minister Narendra Modi-led government and currently provides employment to 41.40 lakh persons directly and 1.2 crore persons indirectly.
Thu, Jan 24, 2019
While 74 per cent of Indian workers say new technologies to collect workforce data put trust at risk, recent data scandals make 80 per cent feel that their employee information might be hacked too, a new report from Accenture said on Thursday.
Fri, Dec 28, 2018
Information Technology sector has performed exceptionally well in the year 2018. The robust jump in trade volume and increase in half yearly guidance has made it one of the better sectors in 2018 for investors.
Tue, Dec 18, 2018
Job opportunities are likely to emerge from major sectors including automakers, banking and financial services firms, consumer goods, manufacturers and drugmakers, which would step up the recruitment for tech graduates, the report said.
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