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Information technology

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

Thu, Jan 04, 2024

JP Morgan's report on ITSector, expecting recovery in the sector, upgraded some stocks, upgraded Infosys and LTTS to Overweight rating, know complete details in this video

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

Thu, Dec 14, 2023

IT companies boom in 2024! IT budget is going to increase in the new year, growth triggers for IT companies, #ITIndex at 20 month high, change in guidance of IT companies also possible

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Thu, Oct 05, 2023

Global brokerages bullish on T companies. Why did trust in IT companies increase? Top pick in IT of Global Brokerages? See complete details in this video

TRENDING NOW

Indian cyber security body opens first global chapter

Indian cyber security body opens first global chapter

Sat, Sep 24, 2016

The DSCI Singapore chapter will help build linkages with various stakeholders in the government, industry and academia and establish channels of collaboration on policy deliberation, industry development and capacity building on security privacy and cyber crime investigation, among others.

Apple iPhone 7 enters 30 more countries

Apple iPhone 7 enters 30 more countries

Sat, Sep 24, 2016

Coming in silver, gold, rose gold and the new black finish (jet black), iPhone 7 and iPhone 7 Plus will be available in 32GB, 128GB and 256GB models, starting at Rs 60,000, in India.

Wipro and Witbe enter into partnership to offer services in media industry

Wipro and Witbe enter into partnership to offer services in media industry

Tue, Sep 20, 2016

Anita Ganti, Senior Vice President of Wipro said, This partnership builds on our offering of managed services programs, and Test automation-as-a-service. Our dedicated Witbe Competency lab offers strong competency on Witbe products and technologies, and experts who provide remote automation services to our customers.”

Wipro partners with IntSight to deliver 'Threat Intelligence' as service

Wipro partners with IntSight to deliver 'Threat Intelligence' as service

Mon, Sep 12, 2016

With this move, Wipro focuses in providing a solid foundation for an end-to-end solution spanning intelligence gathering to threat mitigation and remediation.

TCS once again bags leadership in Everest group banking AO peak matrix

TCS once again bags leadership in Everest group banking AO peak matrix

Wed, Sep 07, 2016

It said in a statement that, "TCS was recognized for its industry leading domanin solutions, strong delivery and execution capabilities and success in both mid and large client segments. "

Infosys enters into joint venture agreement with Saudi Prerogative Company

Infosys enters into joint venture agreement with Saudi Prerogative Company

Fri, Sep 02, 2016

"Under the agreement there are no issuance of company shares. However, the investment in the JV will be in cash of $ 3,12,671 (SAR 1,172,501) in the equity share capital of the proposed joint venture company, "It said in the statement.

Wipro - Stibo System tie up to offer MDM solutions

Wipro - Stibo System tie up to offer MDM solutions

Mon, Aug 29, 2016

As a part of the partnership, Wipro and Stibo also plans to set-up a state-of-the-art MDM centre of excellence (CEO) in Bangalore to showcase industry best prectices, standards and guidelines that can be leveraged for customer projects.

Investors cheer Tech Mahindra on approval for acquiring Target Group

Investors cheer Tech Mahindra on approval for acquiring Target Group

Wed, Aug 24, 2016

Tech Mahindra in a statement said,"The United Kingdom's financial conduct authorit (FCA) has confirmed that it has formally approved the acquisition of Target Group - a financial services outsourcing and software provider."

Infosys falls 2% as RBS deal cancellation weighs heavy

Infosys falls 2% as RBS deal cancellation weighs heavy

Tue, Aug 16, 2016

The Telegraph quoted RBS CEO Ross McEwan as saying, “Given lower interest rate environment, it is clear that W&G would be unlikely to grow its balance sheet to the extent necessary to deliver returns above the cost of capital within the next five years”

IT sector slows in Q1 but low debt to save the day this fiscal

IT sector slows in Q1 but low debt to save the day this fiscal

Sat, Aug 13, 2016

Major Indian IT companies had a sluggish first quarter in the current fiscal year 2017 (FY17), a performance that was expected, say the experts and analysts at India Ratings.

HCL Tech's Q1FY17 net profit rises 6%; analysts are happy

HCL Tech's Q1FY17 net profit rises 6%; analysts are happy

Wed, Aug 03, 2016

The top-line was was boosted by IT infrastructure business which witnessed growth of 16.60% to Rs 4513.98 crore from Rs 3871.19 crore in the preceding quarter.

Advanced Enzyme IPO subscribed nearly 40%

Advanced Enzyme IPO subscribed nearly 40%

Thu, Jul 21, 2016

In qualified institutional buyers (QIBs) category, 2.68 lakh shares were subscribed out of 9.18 lakh on offer. NSE data showed that retail investors have already bid for 9.03 lakh shares, or 56% of their allocated quota of 16.02 lakh shares.

Advanced Enzyme tech’s IPO today; should you subscribe?

Advanced Enzyme tech’s IPO today; should you subscribe?

Wed, Jul 20, 2016

At Upper end pricing of the IPO values Advanced Enzyme at 24.7x earnings in FY2016. It is available at PE of 20.3x its FY17 earnings. The company has no listed peer in India while global enzymes leader Novozymes trades at a PE ratio of 35.5. Thus we recommend strong “Subscribe” to the IPO, says Anand Rathi.

Q1 snapshot: IT sector’s revenue growth to remain stable

Q1 snapshot: IT sector’s revenue growth to remain stable

Wed, Jul 13, 2016

According to its report, JM Financial estimates that IT sector will have a stable June quarter with modest 2-4% dollar revenue growth. It said that this growth will be the result of a seasonal recovery in volume and a stable cross-currency.

What can you expect from sectors in June quarter earnings?

What can you expect from sectors in June quarter earnings?

Tue, Jul 12, 2016

Prasad Koparkar, Senior Director, CRISIL Research, “Urban domestic plays and some exportoriented sectors are expected to drive topline growth this time.

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