IT news
Wipro Q1 net profit up 13% at Rs2,388 cr
17 Jul 2019
Future is bright, Premji tells Wiproites ahead of his last AGM as CMD
17 Jul 2019
Premji said while the company is committed to enhancing value for stakeholders, as a large technology company which employs 170,000 plus people, Wipro has the responsibility to drive an inclusive growth
Infosys shares zoom over 7% on strong Q1 earnings
15 Jul 2019
Infosys on Friday reported strong performance in earnings and revenue for the April-June 2019-20 quarter and announced plans to recruit 18,000 people from campuses this fiscal
TCS Q1 FY’20 net profit rises 10.8% to Rs8,131 cr
10 Jul 2019
TCS also posted an 11.4 per cent rise in revenue to Rs38,172 crore during the April-June 2019-20 quarter and reported operating margin of 24.2 per cent for the quarter
Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million
24 Jun 2019
Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart
CCI begins market study of e-commerce in India
19 Jun 2019
Infosys opens design and innovation studio in London
12 Jun 2019
The new Experience Design and Innovation Studio in Shoreditch, London expands Infosys’ global network of digital studios that focus on customer-centric experiences to bring together the best design, innovation, AI and emerging technologies
TCS pips IBM with market cap of over $120 billion
11 Jun 2019
At close of trading on Monday, TCS had a market capitalisation of $120.5 billion (Rs8.37 lakh crore), while in early New York trade, IBM was at $119.6 billion (Rs8.32 lakh crore), stock market data showed
Hotel aggregator RateGain launches frictionless distribution platform `Smart Distribution’
07 Jun 2019
L&T raises equity holding in Mindtree to 28.90%
07 Jun 2019
Wipro chairman Azim Premji to bow out, son Rishad to take over
06 Jun 2019
“As I look into the future, I plan to devote more time to focus on our philanthropic activities,” Azim Premji said, adding that he has great confidence and trust in Rishad's leadership to steer Wipro in its next phase of growth
SpaceX launches first 60 satellites for its global internet service
27 May 2019
The launch puts Elon Musk’s global internet project `Startup OneWeb’ well ahead of Amazon's `Project Kuiper’, the brainchild of Musk's space rival Jeff Bezos
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation