Page 3 - It Companies

HCL Infosystems posts Rs 13.07-crore net profit for September quarter

The IT company on Tuesday reported a consolidated net profit

What's behind record staff exits at Indian IT giants?

The war for talent has become a problem facing the IT industry amid an acute shortage of digital skills. Let us look at the reasons behind the issue and what the companies are doing to tackle this

Zoho business operating system user base grows 60% globally, 104% in India

Introduces six apps, three services and seven major platform enhancements on its operating system for business

L&T Infotech Q2 net profit rises 21% to Rs 552 cr, revenue up 26%

'We report the strongest sequential revenue growth and best ever Q2 of 8.9% in constant currency terms,' says company CEO

Despite strong Q2 numbers, large deals become scarce for IT majors

The firms' total contract values have declined

Exit rush cloud hovers over IT: Top companies see 15-30% attrition rates

This could disrupt demand uptick, say experts

LIVE: CBSE Class 10 and 12 Term-1 exams in Nov-Dec, Term-2 in Mar-Apr

Live news updates: Reliance says it regrets getting drawn into the dispute between the Indian TV network and the American investment company.

Wipro beats estimates but profit falls 9.6% QoQ; IT revenue up 7.7%

Firm surpassed $10 billion in annualised revenue run rate

High on tech: Checks and tests that run the post-pandemic digital universe

A clutch of companies is ensuring apps and portals don't slip on quality, safety

TCS announces 'Rebegin project', its largest women recruitment drive

Rebegin is a TCS Careers Initiative intended to benefit women professionals who have taken a career break due to family or other commitments to help them return to the company

India Inc gets to work as it starts designing return to office toolkit

Domestic companies, including those in manufacturing, are also ready to bring back vaccinated employees

Bharatiya Global Infomedia to seek shareholders nod for raising Rs 150 cr

IT firm Bharatiya Global Infomedia will seek shareholders approval to enhance the borrowing limit to up to Rs 150 crore for at its annual general meeting to be held on September 30

Mid-cap IT companies' June quarter performance all about niche play

Unlike the top four or five IT players, when it comes to the mid-cap IT services players, every company has a different strategy and focus segments

A deeper look at Q1FY22 show of top-4 IT players tells a different story

While Q1 numbers show that the top four players are gearing up to capture the demand, the success of this will depend a lot on how they manage their supply side

No longer discounted: Mid- and small-cap IT firms enjoy premium at bourses

This is a contrast to last year, when mid- and small-cap IT companies traded at a P/E multiple of 13.3x at the end of March 2020

Good Q1 start has set the tone for growth this fiscal: Mindtree CEO

In a Q&A, Debashis Chatterjee talks about the growth drivers, how the company's 4x4x4 strategy has panned out and the rising attrition

As attrition rises, Wipro to hit campuses to hire record 30,000 freshers

The IT major will be making the offers at campuses in FY22, of which 22,000 will join the company in FY23

Guidance revision, margin show help L&T Tech outperform peers in Q1

Investors advised to await a correction and hold the stock for long term to benefit from the demand uptick in the niche engineering, research and development space

Infosys Q1 net profit rises 23%, ups FY22 revenue guidance to 14-16%

'This has been a landmark quarter for us with the company. Q1FY22 saw the fastest growth in the last 10 years,' says CEO Salil Parekh

95% Indian firms to continue with remote work for next two years: Survey

The survey also found that 89 per cent of respondents believe implementing a work-from-home policy has led to an increase in security challenges faced by their organisation