Nomura on IT Buy Call On Tech Mah In Large-caps Buy Call On Coforge, Birlasoft & eClerx In Midcaps Reduce Call On TCS, WPRO, LTIMindtree, L&T Tech & Mphasis Accenture Cuts FY24 Revenue Growth Guidance Cut To +1-3% Y-Y Guidance Cut On Delayed Decision-Making & Weak Discretionary Spends Retain Cautious Stance As Discretionary Revival Still … Read more
India’s top IT companies — bulk recruiters in engineering colleges — are likely to skip campus placements this year, which is worrying news for Tamil Nadu’s engineering colleges, especially tier-2 and tier-3 categories that send a large number of graduates to the sector. The bulk recruiters are facing a weak demand environment and an excess … Read more
TCS: The IT major’s board approves a buyback of 4.09 crore shares (1.12%) at Rs 4,150 apiece, aggregating to Rs 17,000 crore. An interim dividend of Rs 9 per share was also approved by the board, with Oct. 19 as the record date. Larsen & Toubro: The company received a Rs 64.98 lakh penalty order … Read more
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