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LTIMindtree, Persistent lead mid-cap revenue as regulatory costs hit bottom lines in Q3

Bengaluru, Jan. 20 -- Two of the country's mid-sized information technology (IT) services companies, LTIMindtree Ltd and Persistent Systems Ltd, beat analyst expectations, mirroring the performance of... Read More


After Q3 beats, is Indian IT turning the corner?

BENGALURU, Jan. 20 -- India's IT bellwethers may have beaten Street expectations in the December quarter (Q3FY26), but the relief looks fleeting. Even as earnings surprises lifted sentiment in the Oc... Read More


CEO rallies evaporate in a flash as investors punish Wipro and LTIMindtree amid IT slump

New Delhi, Jan. 20 -- In less than two trading sessions, investors of Wipro Ltd have wiped out almost 90% of the stock's gains since its new chief executive Srinivas Pallia took over in April 2024. Ov... Read More


Wipro, Tech Mahindra outshine TCS, Infosys in weak Q3 for IT

New Delhi, Jan. 16 -- Wipro and Tech Mahindra, which have trailed both larger and smaller peers in recent years, outperformed India's two largest information technology (IT) services firms Tata Consul... Read More


LTIMindtree bags $330 million contract from central tax department to upgrade tax analytics platform with AI

New Delhi, Jan. 16 -- LTIMindtree Ltd won a contract valued at Rs.3,000 crore ($332 million) from the Central Board of Direct Taxes (CBDT), making it the third-largest order for the IT services compan... Read More


Infosys beats revenue estimates in Q3, sees demand recovery gathering pace

New Delhi, Jan. 14 -- Infosys Ltd reported better-than-expected results for the December quarter, adding to early signs of a demand recovery in India's $283-billion IT services industry even as margin... Read More


Infosys Q3 preview | Can AI move the needle as demand stays uneven?

BENGALURU, Jan. 13 -- Infosys Ltd's Salil Parekh completes eight years as chief executive this month, making him the second-longest serving chief executive at the Bengaluru-based company after co-foun... Read More


Infosys Q3 preview: Five signals to watch out for in results of India's IT bellwether Wednesday

New Delhi, Jan. 13 -- BENGALURU: Infosys Ltd's Salil Parekh completes eight years as chief executive this month, making him the second-longest serving chief executive at the Bengaluru-based company af... Read More


TCS, HCLTech deliver Q3 revenue surprise amid labour cost headwinds

Bengaluru, Jan. 13 -- India's top IT services firms kicked off the earnings season of the October-December quarter on a stronger-than-expected note, even as new wage norms pushed up costs and raised c... Read More


Infosys risks losing $150 million a year from one of its largest clients

New Delhi, Jan. 12 -- Infosys Ltd risks losing over a third of its $400 annual revenue from Daimler, one of its three largest clients, as the German auto giant seeks a new vendor for software and equi... Read More