Markets in a 9-days rally, longest since Oct 2020; IT stocks nosedive, Infosys top loser ahead of Q4
Even though Indian markets rose for the ninth straight day on Thursday, the advance was curtailed by a severe selloff…
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Is it wise to exit IT stocks before Infosys results?
Today marks the release of Infosys’ fourth quarter results for the fiscal year 2022–2023, and the market anticipates that these…
TCS Q4: IT investors would do well to temper their expectations
Investors in the IT sector were anxious as they moved into the Q4FY23 results season, and to add to their…
I-T dept notifies Cost Inflation Index for current fiscal
NEW DELHI: The Cost Inflation Index for the current fiscal year beginning April 2023 has been announced by the income…
India IT services biz set to sink to three-year lows in March qtr
NEW DELHI With experts anticipating three-year lows for the industry on multiple indicators like contract bookings and revenue growth, domestic…
UBS-Credit Suisse merger: Some Indian IT vendors may gain, others lose
BENGALURU: According to reports, Indian IT companies have contracts worth about $600 million with Credit Suisse. The latter’s acquisition by…
Where have all the sacked tech workers gone?
Go no further than Mark Zuckerberg’s proclamation in February that 2023 would be the “year of efficiency” to understand the…
Intel co-founder Gordon Moore, prophet of the rise of the PC, dies at 94
SAN FRANCISCO: Intel Corp. co-founder Gordon Moore passed away on Friday at the age of 94, the company confirmed. Moore…
Tcs-infosys-wipro-how-banking-woes-may-impact-indian-it-companies
The Federal Reserve’s decision will determine how much gold will move in the future.Yet tensions are far from over because…