The FinTech Hub
Source: Live Mint Top-tier IT services provider Wipro Ltd bagged a mega deal worth 500 million pounds from Phoenix Group—the UK’s largest long-term savings and retirement business. The 10-year strategic project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group’s operational transformation. In the IT industry, mega…
Source: Live Mint Here’s a case in point. Many clients of Northwest Registered Agent LLC, a company that provides compliance filing and other business services, have been using an AI-powered agent, AI-RAH, for the past two years. This AI agent handles tasks such as forming limited liability companies (LLCs), corporations, and non-profits. It manages document…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Consultancy Services IT services company TCS has collaborated with Vantage Towers, Europe’s second-largest telecom tower operator, to introduce a digital service platform. This partnership seeks to optimize service processes for property owners, improve retention, and reinforce telecom…
Source: Live Mint The big boys of the Indian IT sector plan to ramp up hiring in the next financial year (FY26), driven by green shoots in demand and signs of healthy economic growth in key Western markets. In the recently concluded December quarter, the big four IT companies—TCS, Infosys, HCL Technologies, and Wipro—announced their…
Source: Live Mint IT-major Wipro Limited’s Executive Chairman Rishad Premji in an interview with the news portal NDTV at Davos 2025, highlighted how he is leveraging artificial intelligence to reskill the employees to be relevant in the world of automation. “Skilling is important to be able to have talent that’s AI-ready, to be able to…
Source: Live Mint Wipro Ltd’s investors are elated. The stock surged 6% on Monday following its better-than-anticipated result in a seasonally weak December quarter (Q3FY25). The enthusiasm among investors is understood, considering the earnings pain Wipro has been through due to increased weakness in its discretionary portfolio and company-specific challenges. This had kept the Wipro…
Source: Live Mint Stocks to watch next week: The Indian stock market is experiencing high volatility due to persisting concerns over weak earnings, heavy foreign capital outflows, and uncertainty surrounding Donald Trump’s trade policies. Moreover, caution ahead of the Union Budget 2024 keeps market sentiment fragile. At this juncture, experts suggest observing stock-specific movements before…
Source: Live Mint Even though the December quarter (Q3FY25) earnings of domestic IT majors TCS, Infosys, HCL Tech, and Wipro were mixed, they did not bring many disappointments. This has raised hopes that the worst may be behind for the IT sector. While it might be too early to draw definitive conclusions, experts remain largely…
Source: Live Mint The third quarter earnings season kicked off last week with Tata Consultancy Services (TCS) announcing its Q3 results on January 9. Investors are expected to closely monitor the earnings reports for the December quarter (Q3FY25) that will be released next week, with over 60 companies set to announce their results between January…
Source: Live Mint 52 Week Low Stocks Today on December 20, 2024: Shares of Sanghi Industries, Creditaccess Grameen, P&G Hygiene & Health Care, Spandana Sphoorty Financial, Nestle India hit their fresh 52 wk lows today. Nifty 50 was down by -15.9(-0.07%) points and Sensex was down by -20.07(-0.03%) points at 20 Dec 2024 10:59:57 IST….
