[ad_1] Indian IT companies will kick-start the March quarter earnings season for large-cap stocks, with Tata Consultancy Services (TCS) reporting results on April 10. The deterioration in the macroeconomic environment is expected to weigh on fourth-quarter numbers and FY26 guidance, according to brokerage firm Kotak Institutional Equities. Among Nifty 50 IT stocks, Infosys is likely […]
Four IT stocks that UBS advises investors to bet on ahead of Q4 results – CNBC TV18
[ad_1] Shares of Indian IT companies, including HCL Technologies Ltd., Infosys Ltd., and peers such as Tata Consultancy Services Ltd., Wipro Ltd., and Tech Mahindra Ltd., opened higher on Tuesday, March 25. The Nifty IT index was trading with gains of 1%; however, it remains down 13% so far in 2025. Indian IT stocks have […]
Axis Capital favours global tech over Indian IT, here’s why – CNBC TV18
[ad_1] Manik Taneja, the Executive Director of IT Services and Internet at Axis Capital prefers global technology companies rather than Indian tech companies. Taneja said one of the main challenges for investors like Axis Capital is the high valuations of Indian IT companies, which have expanded significantly over the past three to five years and […]
TCS, Infosys lead IT underperformance while Sensex, Nifty scale new peaks – CNBC TV18
[ad_1] The Nifty IT index was trading about 2% lower to hit an intraday low of 41,614.25 on Friday, September 20. The index is more than 2,000 points away from its 52-week high levels of 43,645.90. The index has cooled off after making new highs. Three out of the 10 Nifty IT constituents were trading […]
DGGI claims Infosys evaded GST of ₹32,403.46 crore – CNBC TV18
[ad_1] India’s second-largest IT company, Infosys, has received a demand from the Directorate General of GST Intelligence (DGGI) for tax evasion exceeding ₹32,000 crore. The scrutiny covers the period from July 2017 to 2021-2022, Sources told CNBC-TV18 that the DGGI claims Infosys is liable to pay Integrated Goods and Services Tax (IGST) under the reverse […]