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Infosys, HCL Tech Trim Revenue Outlook as Global Economy Falters
IT heavyweights Infosys and HCL Technologies on Thursday tweaked their full-year revenue outlook as macroeconomic challenges continue to weigh on global discretionary spends. Infosys Ltd posted a 3.1 per cent rise in its second-quarter net profit in line with the market ...
IT Industry May Show Mid-teen Growth And Rangebound Margin For FY22E
The Information Technology Industry may show mid-teen growth and range bound margin for FY 22, according to a report by Motilal Oswal Financial Services. "We continue to see Cloud migration, Digital transformation, and user experience as multi-year opportunities for Indian IT ...
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