The FinTech Hub
Source: Live Mint Wipro Ltd’s board of directors is to consider a bonus issue of shares in the upcoming board meeting, which is expected to be conducted on October 17, according to the company’s BSE filing on Sunday, October 13. “The Board of Directors of the Company will be considering a proposal for issue of…
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 1:01 PM IST Tata Consultancy Services (TCS), India’s largest IT software company, will kick-start the Q2 (September quarter) earnings season on October 10, Thursday. On the same day, another Tata Group IT firm – Tata Elxsi will also announce its July…
Source: Live Mint MUMBAI : The Nifty IT index rose around 14% in the September quarter, compared to the Nifty50’s 7% returns, reflecting hopes of demand recovery. The US Federal Reserve took a monetary policy pivot, cutting rates by a jumbo 50 basis points (bps) in September. One basis point is 0.01%. This major event…
Source: Live Mint The Nifty IT index surged 2.5% in early trading on Friday, buoyed by Accenture’s latest earnings report. The global IT major reported 5% year-on-year revenue growth in constant currency (CC) for the quarter ended August (Q4FY24), exceeding the mid-point of its 2-6% guidance. Accenture follows a September-August financial year, and the company’s…
Source: Business Standard 3 min read Last Updated : Sep 19 2024 | 10:34 AM IST IT stocks shine: Information technology (IT) stocks were buzzing in trade on Thursday, September 19, 2024, with some shares rising by as much as 4 per cent during intraday trading. The Nifty IT index climbed 1.80 per…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 2:29 PM IST Shares of information technology (IT) companies slipped up to 6 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade as investors booked profit in the stocks ahead of a crucial Federal Reserve interest-rate decision. …
Source: Business Standard 3 min read Last Updated : Sep 10 2024 | 2:51 PM IST Shares of information technology (IT) companies are in demand, with their shares having rallied up to 6 per cent on hopes of a recovery. The IT sector is now on the cusp of a mild but possibly sustained recovery…
