The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.
According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.
The regulator will conduct forensic audit of all the seized documents, laptops, and mobile phones, which are suspected to be involved in the fraudulent activity, reports Shrimi Choudhary.
Apart from Infosys, players like Tata Consultancy Services and Mindtree have also pointed towards weakness in the financial services sector and project delays and cancellations that could impact the growth of the USD 110 billion IT services sector in the near term.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Defying an overall sluggish market sentiment, IT stocks on Wednesday rose by up to 4 per cent amid the rupee sinking to a life low of 68.75 against the dollar.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
Revenues, profit margins will be hit in the next one year, but more demand in the longer run.
Software industry body Nasscom on Wednesday appointed Cognizant India Executive Vice Chairman R Chandrasekaran as its Chairman for the year 2014-15.
Progress of monsoon, investment trend by foreign investors and the movement of rupee against the dollar will also influence sentiment
IT, pharma and FMCG stocks are the top performers in 2013.
Nearly 150 companies visited the campus this year.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
Karnataka-based IT professional Prabha Arun Kumar who was stabbed to death in Australia was on Sunday cremated amid poignant scenes at her native Amtoor.
The tragedy has sent an alert to outbound Indian IT professionals on how important it is to monitor your personal safety while abroad.
Shares of IT major TCS on Friday tumbled over 8 per cent after its September quarter numbers failed to meet market expectations.
Investigators have uncovered a fresh lead in the murder of 41-year-old Indian woman in Australia last year that indicates someone in India may have played a role in the killing.
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
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.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
Sikka ranks 35th in the list.
The issue arose after TCS dismissed hundreds of employees in January 2015, leading to the formation of the IT Employees Wing supported by the NDLF.
Making employers provide creche facilities would be a powerful incentive for women to stay on in the workforce rather than drop out owing to the pressure of child care, says Shuma Raha.
TCS is expected to report a 5 per cent QoQ (USD) growth in revenues, highest in our coverage, while Wipro's IT Services revenue growth could be closer to 1.1 per cent QoQ (USD terms)."
While Pokemon Go prompted people to get out of their chairs and take a walk, Trakinvest became a potential hiring platform for brokerage firms. Anita Babu on gamification in 2017.
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
IT majr Wipro needs stability at the top deck, say industry watchers.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
A new motivation needs to spread through the existing ranks to upskill and reskill themselves in the 55 new job roles for digital, says Ganesh Natarajan.
IT industry body Nasscom said it is quite hopeful the final contour of the bill would be much more balanced than it is at present.
There has also been a shift from hiring freshers to those with two to five years' experience.
A company with a size exceeding $1 billion finds it really hard to innovate.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
The recovery was led by information technology exporters.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
Large and small businesses alike have delivered low-key performances.
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