Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
How the stocks of Infosys Ltd. and Wipro Ltd. have moved today, a day after their quarterly results, is emblematic of a wider problem afflicting India’s $283-billion IT services industry. A software professional at work. (Unsplash) The Nifty IT index, a gauge of India’s 10 largest IT firms is down 1.9% since bellwether Tata Consultancy […]
The NSE Nifty 50 reversed losses to trade at a one-year high today, as gains in Reliance Industries Ltd. ahead of its quarterly results offset losses in Infosys and Wipro share prices. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The NSE Nifty 50 rose as much as 0.42% to 25,693.3 points—the […]
Wipro Ltd. has raised its revenue growth guidance for the ongoing fiscal despite a decline in key financial metrics in the second quarter. Wipro CEO Srinivas Pallia during a news conference in Bengaluru. (Bloomberg) Consolidated revenue of India’s fourth largest IT services firm fell 2.5% from the previous three months to ₹22,697 crore in the […]
After mixed quarterly earnings from Tata Consultancy Services Ltd. and HCL Technologies Ltd., the focus now shifts to Infosys Ltd. and Wipro Ltd. which are going to report their second-quarter results today. Infosys CEO Salil Parekh. (ANI) Investors will watch for signs of stability in an IT sector marred by US H-1B visa shock as […]
