Industry: IT software

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July 2, 2019, midnight

Accenture revised its revenue growth guidance for FY19 (Y/E August) to 8%-9% from 6.5%-8.5% in local currency (LC) terms given earlier, of which 200bps will come from inorganic growth (vs 150bps indicated earlier).
June 28, 2019, 12:25 p.m.

During the course of this month we had interactions with the managements of TCS, Infosys, HCL Tech and Tech Mahindra.
June 27, 2019, 12:26 p.m.

This has been a challenging economic year for people every year. People are looking for ways to increase their income, without risking their carrier.
June 17, 2019, 2:53 p.m.
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Cognizant delivered weak revenue growth, missed margin guidance & delivered weak commentary for BFSI vertical.
May 5, 2019, 11:44 a.m.

Against a 7%-9% constant currency (CC) revenue growth for 2019 (with 150bps from acquisitions) that it had guided for when 4Q2018 results were declared, Cognizant Technology Solutions’ (CTS) lowered it to 3.6%-5.1% after a weak 1Q with no material pickup expected in 2HCY2019.
May 3, 2019, 11:11 a.m.

In India, 59 per cent of respondents said they are worried that the internet is getting increasingly becoming unstable from a cybersecurity point of view.
April 18, 2019, 9:52 a.m.

The data center systems sector will witness the biggest drop in 2019 with a decline of 2.8 per cent, due to expected lower average selling prices.
April 17, 2019, 10:53 a.m.

The dust had hardly settled over the reports of Mindtree’s founders spurning the advances of their corporate suitor Larsen & Toubro when the news broke of a happier ‘ownership succession’ in another mid-tier Indian firm, NIIT Technologies.
April 15, 2019, 10:10 a.m.

Both Tata Consultancy Services (TCS) and Infosys are slated to declare their 4QFY19 results on 12 April 2019 post Indian stock market trading hours. The focus would be on commentary regarding FY20 revenue growth and margins.
April 11, 2019, 12:18 p.m.