Infosys, Wipro see sharp pick up in growth in Q3 – Times of India

BENGALURU: Like TCS, Infosys and Wipro too have posted their best sequential growth in about nine years in the third quarter ended December. Clients’ demands for a digital overhaul of their businesses – to mitigate disruptions of the kind they suffered during the pandemic – is leading to a surge in orders for Indian IT … Read more Infosys, Wipro see sharp pick up in growth in Q3 – Times of India

TCS Q3 takeaways: Strongest margin show in 5 years; CEO sees double-digit growth ahead

MUMBAI: India’s largest information technology services firm Tata Consultancy Services Ltd reported its best December quarter revenue growth in constant currency terms in nine years and a five-year high consolidated operating margin. While the company’s earnings beat analysts’ expectations on most counts, it did not surprise the Street that the company announced a strong earnings … Read more TCS Q3 takeaways: Strongest margin show in 5 years; CEO sees double-digit growth ahead

Seven of Top-10 Firms Add Rs 75,845 Crore in Cumulative M-cap, HDFC Twins Top Gainers

Seven of the top-10 most valued domestic firms together added Rs 75,845.46 crore in market valuation in the past week, with HDFC twins emerging as the biggest gainers. Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were other gainers. On the other hand, Reliance Industries Limited … Read more Seven of Top-10 Firms Add Rs 75,845 Crore in Cumulative M-cap, HDFC Twins Top Gainers

Sensex Rallies 437 Points, Nifty Reclaims 13,600; HUL Top Gainer

Equity benchmark Sensex rallied 437 points on Wednesday, tracking gains in Infosys, HUL and TCS amid a positive trend in global markets. The 30-share BSE index ended 437.49 points or 0.95 per cent higher at 46,444.18. The broader NSE Nifty surged 134.80 points or 1 per cent to close at 13,601.10. HUL was the top … Read more Sensex Rallies 437 Points, Nifty Reclaims 13,600; HUL Top Gainer

SolarWinds breach unlikely to ground Indian IT companies: Analysts

Around 18,000 of its 300,000 customers who were using the Orion platform could be impacted and the company has already released patches to plug the vulnerability, it said. Synopsis “I think this is something (on which) there is a lot of discussion going on. At this stage, we are carefully evaluating it,” said Salil Parekh, … Read more SolarWinds breach unlikely to ground Indian IT companies: Analysts

Tech services firms expect fresh business opportunities from coronavirus vaccine distribution

BENGALURU: IT services providers and business process management (BPM) firms expect new business opportunities as pharmaceutical companies and governments across the world chalk out their Covid-19 vaccine distribution plans. Infosys, Genpact, Accenture, HCL Tech, Tata Consultancy Services, and others are likely to see increased demand for data analytics-based solutions as governments and companies need to … Read more Tech services firms expect fresh business opportunities from coronavirus vaccine distribution

Techies across the country nudged to work with government on societal problems

The Nudge Foundation, a non-profit backed by Infosys cofounder Nandan Nilekani, has invited technologists to work with various state governments to address societal problems. Under the programme — called Indian Administrative Fellowship (IAF) — technologists would be trained by bureaucrats and mentored by people such as Nilekani, and RedBus founder and former CIO of the … Read more Techies across the country nudged to work with government on societal problems

Five of top 10 cos lose Rs 1,07,160 cr in m-cap; RIL top laggard

NEW DELHI: Five of the 10 most valued domestic firms suffered a combined loss of Rs 1,07,160 crore in market valuation last week, with Reliance Industries Ltd (RIL) emerging as the biggest loser. Tata Consultancy Services Ltd (TCS), HUL, Infosys Ltd and ICICI Bank Ltd were the other bluechip firms that witnessed a drop in … Read more Five of top 10 cos lose Rs 1,07,160 cr in m-cap; RIL top laggard

Infosys awards to go virtual

Infosys Science Foundation will announce and felicitate winners of the 12th Infosys Prize – 2020 virtually on December 2. Infosys Science Foundation used to hold an event in the city every year, where scholars across six categories were awarded the prize and felicitated. However, given the pandemic situation, the event has gone virtual this year. … Read more Infosys awards to go virtual

Infosys partners Ellen MacArthur Foundation

IT services major Infosys on Tuesday said it has partnered with UK-based charity, Ellen MacArthur Foundation charity and they will work together to accelerate the global transition to a circular economy. A circular economy designs out waste and pollution, keeps products and materials in use, and regenerates natural systems, creating benefits for society, environment, and … Read more Infosys partners Ellen MacArthur Foundation