Infosys, in April, had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year through dividend and/or share buyback.
The greenback rose 9 percent against currencies.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
Faced with a spate of senior-level exits, Infosys co-founder N R Narayana Murthy has written to employees to reassure them that the "leadership changes" will be in the "best interest" of the company.
Software services industry may have to relook its cost structure to maintain a higher margin.
'Employee first and customer second' continues to be a very strong philosophy of HCL.
India's second largest IT firm Infosys has extended the tenure of its chief Vishal Sikka by nearly two years till March 2021, saying his initiatives have helped the company move towards reclaiming its industry leadership position.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
Here is a list of famous names from India as well as the world which are included.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
HCL Technologies is betting big on next-generation services and products that are likely to contribute 40 per cent of its revenues in 2-3 years.
Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.
When it comes to rewarding top- performing employees, many large corporates are giving out expensive gifts such as latest iPhones, Mercs, flats and jewellery
After another profitable quarter, Anil Chanana, chief financial officer, HCL Technologies, tells Karan Choudhury that customer confidence is at an all-time high.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
The device is a tablet that can transform into a full-fledged laptop with the blink of an eye.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
SBI comes second and Bharti Airtel is third
IT sector replaces auto sector after a 6-month gap.
Analysts expect the company to post 6.2% sequential growth in rupee revenue.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
IT sector's trading multiples hit post-Lehman lows, providing good entry points.
Broader market outperformed the frontline indices and also hit their respective all-time highs
'The key is to keep the growth sustainable over a period of time.'
IT services market in the country grew at a slower pace of 7.4 per cent to Rs 22,826.2 crore ($ 3.76 billion) in the January-June 2014 period, mainly due to political and economic uncertainty amid Lok Sabha polls, research firm IDC said.
Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million.
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
