QUICK HEAL TECHNOLOGIES: Q1 EBITDA PROFIT 20M RUPEES VS LOSS 151M (YOY) -- Q1 EBITDA MARGIN 2.86%
QUICK HEAL TECHNOLOGIES: Q1 REVENUE 703M RUPEES VS 514M (YOY)
QUICK HEAL TECHNOLOGIES: Q1 CONS NET PROFIT 40M RUPEES VS LOSS 128M (YOY); 140M (QOQ)
ACCELYA SOLUTIONS: CO RECOMMENDS FINAL DIVIDEND OF 40 RUPEES PER SHARE
ACCELYA SOLUTIONS: Q1 EBITDA 477M RUPEES VS 492M (YOY) -- Q1 EBITDA MARGIN 37.22% VS 40.16% (YOY)
ACCELYA SOLUTIONS: Q1 REVENUE 1.3B RUPEES VS 1.26B (YOY)
ACCELYA SOLUTIONS: Q1 CONS NET PROFIT 312M RUPEES VS 321M (YOY)
INTELLECT DESIGN ARENA: Q1 EBIT 825.5M RUPEES VS 1.06B (QOQ) -- Q1 EBIT MARGIN 13.61% VS 17.29% (QOQ)
INTELLECT DESIGN ARENA: Q1 REVENUE 6.06B RUPEES VS 6.14B (QOQ)
INTELLECT DESIGN ARENA: Q1 CONS NET PROFIT 744.6M RUPEES VS 729.7M (QOQ)
LATENT VIEW ANALYTICS: Q1 EBITDA 383M RUPEES VS 281M (YOY) -- Q1 EBITDA MARGIN 21.39% VS 19.01% (YOY)
LATENT VIEW ANALYTICS: Q1 REVENUE 1.8B RUPEES VS 1.47B (YOY)
LATENT VIEW ANALYTICS: Q1 CONS NET PROFIT 389M RUPEES VS 328M (YOY)
BIRLASOFT LTD: Rs. 32.64 Crores NSE Block Trade; for ~ 450810 Shares, at Rs. 724.00
MPHASIS: CO IN INVESTOR PRESENTATION SAYS MAINTAIN MARGINS IN NARROW BAND WHILE INVESTING FOR GROWTH -- FOCUS ON PRODUCTIVITY, EFFICIENCIES AND OPERATING LEVERAGE
MPHASIS: CO IN INVESTOR PRESENTATION SAYS EXPECT TO BE ABOVE INDUSTRY GROWTH, GAINING FROM TECH-LED, ACCOUNT-FOCUSED STRATEGY -- TARGET SUSTAINABLE OPERATING (EBIT) MARGIN WITHIN STATED BAND OF 14.6% - 16%
CYIENT: CO IS DEVELOPING AN ASIC FOR AN INTELLIGENT NEURAL SYSTEMS WITH ADVANCED ELECTRONICS, WHICH IS EXPECTED TO BE A SIGNIFICANT BENEFIT IN TERMS OF REVENUE - CONCALL UPDATE
CYIENT: CO EXPECTS H2 TO BE STRONG -- CO EXPECTS THE ORDER INTAKE TO CONVERT INTO ORDER BACKLOG THAT THEY WILL START EXECUTING DURING THE YEAR - CONCALL UPDATE
CYIENT: CO EXPECTS A STRONG RECOVERY TO BEGIN IN Q2 AFTER A WEAKER-THAN-EXPECTED Q1 -- ACHIEVING SINGLE-DIGIT GROWTH FOR THE YEAR WILL BE A STRETCH - CONCALL UPDATE
MPHASIS: Q1 EBIT 5.14B RUPEES VS 5.08B (QOQ) -- Q1 EBIT MARGIN 15% VS 14.89% (QOQ)
MPHASIS: Q1 REVENUE 34.22B RUPEES VS 34.12B (QOQ)
MPHASIS: Q1 CONS NET PROFIT 4.05B RUPEES VS 3.93B (QOQ)
CYIENT: CO SAYS EXPECT DET REVENUE GROWTH FOR FY25 TO BE FLATTISH YOY DUE TO Q1 FY25 IMPACT
TECH MAHINDRA: CO EXEC SAYS MARKET REMAINS WEAK FOR TELECOM -- CO EXEC SAYS EXPECT SHARE OF REVENUE FROM NORTH AMERICA MARKET TO INCREASE -- CO EXEC SAYS 1000 FRESHERS WERE ADDED IN Q1, WILL INCREASE IT IN COMING QUARTERS
CYIENT: Q1 EBIT 1.99B RUPEES VS 2.68B (QOQ) -- Q1 EBIT MARGIN 11.89% VS 14.41% (QOQ)
CYIENT: Q1 REVENUE 16.76B RUPEES VS 18.6B (QOQ)
CYIENT: Q1 CONS NET PROFIT 1.44B RUPEES VS 1.9B (QOQ)
TECH MAHINDRA: CO EXEC- CONFIDENT THAT THIS WILL BE A BETTER YEAR COMPARED TO PREVIOUS ONE -- CO EXEC- SEEING SLIGHTLY MORE STABLE DEMAND ENVIRONMENT, BUT NO MASSIVE UPSWING
TECH MAHINDRA: CO EXEC SAYS SEE GROWTH IN NORTH AMERICA, FOCUSED ASIA PACIFIC MARKETS PORTFOLIO -- EXEC- SEEING SPENDING IMPROVEMENT IN SOME POCKETS OF BFSI SEGMENT IN U.S -- CO EXEC- BANKING AND LENDING BUSINESSES EXPERIENCING SOME SOFTNESS IN US MARKET
TECH MAHINDRA: CO SAYS Q1 NET NEW DEAL WINS $534M
TECH MAHINDRA: Q1 EBIT 11.05B RUPEES VS 6.34B (QOQ); EST 10.54B -- Q1 EBIT MARGIN 8.5% VS 4.95% (QOQ); EST 8.2%
TECH MAHINDRA: Q1 REVENUE 130.1B RUPEES VS 128.71B (QOQ); EST 129B
TECH MAHINDRA: Q1 CONS NET PROFIT 8.52B RUPEES VS 6.6B (QOQ); EST 8.79B
TATA ELXSI: CO SELECTS WIND RIVER STUDIO DEVELOPER FOR ITS SOFTWARE-DEFINED VEHICLE DEVELOPMENT
ZENSAR TECH: CO SAYS ACQUISITION OF BRIDGEVIEW LIFE SCIENCES, LLC HAS BEEN COMPLETED ON JULY 24, 2024
KPIT TECH: CO IS DEVELOPING SOFTWARE FOR QORIX AND PLANS TO HAVE THE PRODUCT READY IN LESS THAN 12 MONTHS, WITH TESTING AND INTEGRATION FOR OEMS BY THE END OF NEXT YEAR - CONCALL UPDATE
KPIT TECH: CO BELIEVES IT IS IN A GOOD POSITION IN TERMS OF TOTAL CONTRACT VALUE (TCV) AND EXPECTS TO CLOSE DEALS IN THE NEXT QUARTER - CONCALL UPDATE
OFSS: CO SAYS DEAL PIPELINE HIGHLIGHTS RELEVANCE OF OFFERINGS TO GLOBAL FINANCIAL INSTITUTIONS AMID DIGITAL TRANSFORMATION AND REGULATORY PRESSURES - INVESTOR PRESENTATION
RAMCO SYSTEMS: Q1 EBITDA PROFIT 33M RUPEES VS LOSS 254M (YOY) -- Q1 EBITDA MARGIN 2.41%
RAMCO SYSTEMS: Q1 REVENUE 1.36B RUPEES VS 1.39B (YOY)
RAMCO SYSTEMS: Q1 CONS NET LOSS 197 RUPEES VS LOSS 468M (YOY)
ORACLE FINANCIAL SERVICES SOFTWARE: Q1 EBITDA 8.5B RUPEES VS 6.21B (YOY) -- Q1 EBITDA MARGIN 48.64% VS 42.49% (YOY)
ORACLE FINANCIAL SERVICES SOFTWARE: Q1 REVENUE 17B RUPEES VS 14.62B (YOY)
ORACLE FINANCIAL SERVICES SOFTWARE: Q1 CONS NET PROFIT 6.2B RUPEES VS 5.01B (YOY)
KPIT TECH: CO SAYS STRONG WINS - TCV OF NEW ENGAGEMENTS WON DURING Q1FY25 $ 202 MILLION
AURIONPRO SOLUTIONS: Q1 REVENUE 2.62B RUPEES VS 2.47B (QOQ)
AURIONPRO SOLUTIONS: Q1 CONS NET PROFIT 434M RUPEES VS 385M (QOQ)
AURIONPRO SOLUTIONS: Q1 EBIT 498M RUPEES VS 470M (QOQ) -- Q1 EBIT MARGIN 19.06% VS 19.04% (QOQ)
KPIT TECHNOLOGIES: Q1 EBIT 2.36B RUPEES VS 2.20B (QOQ) -- Q1 EBIT MARGIN 17.27% VS 16.71% (QOQ)
KPIT TECHNOLOGIES: Q1 REVENUE 13.6B RUPEES VS 13.2B (QOQ)
KPIT TECHNOLOGIES: Q1 CONS NET PROFIT 2.04B RUPEES VS 1.6B (QOQ)
KPIT TECHNOLOGIES: CO APPROVED FURTHER ACQUISITION OF 13% STAKE IN N-OREAM AG (N-DREAM) IS 3M EUROS
KPIT TECHNOLOGIES: CO SAYS MERGER OF FUTURE MOBILITY SOLUTIONS GMBH WITH KPIT TECHNOLOGIES GMBH
COFORGE: CO EXPECTS TO BE 50 BPS HIGHER IN H1 COMPARED TO THE PREVIOUS YEAR, DRIVEN BY EFFICIENCIES DESPITE WAGE HIKES -- CO EXPECTS INSURANCE YOY GROWTH TO INCREASE MATERIALLY BY THE END OF Q2 - CONCALL UPDATE
COFORGE: CO EXPECTS THE MOMENTUM TO RETURN STARTING FROM QUARTER TWO, WITH GROWTH EXPECTED TO PICK UP FURTHER IN SUBSEQUENT QUARTERS - CONCALL UPDATE
KSOLVES INDIA: CO IS DEVELOPING A KNOWLEDGE MANAGEMENT SYSTEM, KSOLVES GEN AI, WHICH USES GEN AI TO GENERATE A KNOWLEDGE BASE SYSTEM - CONCALL UPDATE
KSOLVES INDIA: CO EXPECTS TO MAINTAIN 30% PLUS/MINUS 2% SALES GROWTH YOY FOR THE NEXT 3 YEARS - CONCALL UPDATE
INFOSYS: CO AGREED WITH UVC PARTNERS COMMITTING TO INVEST EUR 5.0M
TATA ELXSI: NIDEC EXECUTES A COMPREHENSIVE MOU WITH CO
INFOBEANS TECH: Q1 REVENUE 969M RUPEES VS 916M (YOY)
INFOBEANS TECH: Q1 CONS NET PROFIT 74M RUPEES VS 35M (YOY)
AXISCADES TECH: CO UNIT NAMED MISTRAL SOLUTIONS WINS DEFENNOVATION AWARD BY ELCINA FOR EXCELLENCE IN ADVANCED R&D
L&T TECHNOLOGY SERVICES: CO AND SYMPHONYAI PARTNER FOR AI OPERATION TO GLOBAL CUSTOMERS THROUGH APEX ENTERPRISE COPILOT
NETWEB TECH: CO HAS IN-DEPTH INSIGHT INTO THE NVIDIA ROADMAP 12-18 MONTHS IN ADVANCE AND HAS MORE PRODUCTS ON THE ROADMAP THAT WILL BE INTRODUCED -- CO IS WORKING ON A NEW PRODUCT BASED ON ARM-BASED ARCHITECTURE, WHICH IS ALMOST READY AND WILL BE LAUNCHED SOON - CONCALL UPDATE
L&T TECHNOLOGY SERVICES: CO AND SYMPHONYAI PARTNER TO PROVIDE AI-BASED BUSINESS TRANSFORMATION TO GLOBAL CUSTOMERS THROUGH APEX ENTERPRISE COPILOT
NETWEB TECH: CO EXPECTS TO ROLL OUT NEW PRODUCTS IN A FEW MONTHS, DRIVEN BY THE INDIAN GOVTS FOCUS ON AI DEVELOPMENT - CONCALL UPDATE
NETWEB TECH: CO EXPECTS TO ACHIEVE 30% OF EBITDA AS FREE CASH FLOWS DURING THE YEAR -- CO EMPHASIZED THAT THIS GUIDANCE IS A VERY GOOD GROWTH GUIDANCE AND SHOULD BE VIEWED AS A POSITIVE INDICATOR - CONCALL UPDATE
NETWEB TECH: CO IS MAINTAINING ITS GUIDANCE OF 30% TO 35% CAGR GROWTH -- CO IS GUIDING FOR 30% TO 35% REVENUE GROWTH --CO EXPECTS TO MAINTAIN A REVENUE SPLIT OF 1/3 FROM H1 AND 2/3 FROM H2 - CONCALL UPDATE
COFORGE: CO APPROVED DIVIDEND OF 19 RUPEES PER SHARE
COFORGE: Q1 EBIT 2.1B RUPEES VS 3B (QOQ) -- Q1 EBIT MARGIN 8.82% VS 12.77% (QOQ)
COFORGE: Q1 CONS NET PROFIT 1.33B RUPEES VS 2.24B (QOQ) -- Q1 REVENUE 24B RUPEES VS 23.59B (QOQ)
COFORGE: COS UNIT ACQUIRES ASSETS OF OPTML INC. IN USD 6.6M DEAL TO ENHANCE GLOBAL IT CAPABILITIES
ZENSAR TECH: Q1 REVENUE 12.9B RUPEES VS 12.3B (QOQ) (CORRECTION)
ZENSAR TECH: Q1 EBIT 1.7B RUPEES VS 1.79B (QOQ) -- Q1 EBIT MARGIN 13.31% VS 14.58% (QOQ)
ZENSAR TECH: Q1 REVENUE 12.9B RUPEES VS 12.3B (YOY)
HCLTECH: CO SAYS EXPECT DEMAND ENVIRONMENT FOR IT SERVICES TO REMAIN UNCHANGED -- CO SAYS DISCRETIONARY SPENDS BY CLIENTS STAYING SOFT IN FY25 - ANNUAL REPORT
ZENSAR TECH: Q1 CONS NET PROFIT 1.6B RUPEES VS 1.73B (QOQ)
CIGNITI TECH: CO SHAS EXCEPTIONAL ITEM OF 300M RUPEES -- Q1 PBT SEEN AT 469M VS 372M (QOQ)
CIGNITI TECH: Q1 EBIT 476M RUPEES VS 278M (QOQ) -- Q1 EBIT MARGIN 10.15% VS 6.10% (QOQ)
CIGNITI TECH: Q1 REVENUE 4.7B RUPEES VS 4.56B (QOQ)
CIGNITI TECH: Q1 CONS NET PROFIT 105M RUPEES VS 271M (QOQ)
BIRLASOFT: BOARD MEETING ON JULY 31 TO CONSIDER Q1 RESULTS
TECH MAHINDRA LTD: RS. 85.71 CRORES NSE BLOCK TRADE; FOR ~ 572562 SHARES, AT RS. 1497.00
TCS: ROLLS-ROYCE AND CO COLLABORATE ON HYDROGEN RESEARCH PROGRAMME
WIPRO: CO IS DEVELOPING AI-POWERED INDUSTRY AND CROSS-INDUSTRY SOLUTIONS USING A CONSULTING-LED APPROACH TO HELP CLIENTS TRANSFORM THEIR BUSINESS AND OPERATING MODELS - CONCALL UPDATE
WIPRO: CO IS GUIDING FOR A SEQUENTIAL REVENUE GROWTH OF MINUS 1.0% TO PLUS 1.0% IN CONSTANT CURRENCY FOR Q2 -- CO SAYS GUIDANCE FOR Q2 IS AMONGST THE BETTER GUIDANCE RANGES GIVEN IN THE LAST SIX QUARTERS - CONCALL UPDATE
ZAGGLE: CO ENTERS AGREEMENT WITH PNB METLIFE INSURANCE -- EXPENSE MANAGEMENT PLATFORM FOR 3 YRS
NETWEB TECH: Q1 SL NET PROFIT 154M RUPEES VS 51M (YOY) -- Q1 REVENUE 1.5B VS 600M (YOY)
KSOLVES INDIA: CO HAS INCREASED OUR TEAM OF EXPERT DATA SCIENTISTS AND AI ENGINEERS, AND INCREASED FOCUS ON GEN AI RESEARCH AND TRAINING - INVESTOR PRESENTATION
KSOLVES INDIA: Q1 EBITDA 120M RUPEES VS 102M (YOY) -- Q1 EBITDA MARGIN 38.04% VS 42.88% (YOY)
KSOLVES INDIA: Q1 REVENUE 316M RUPEES VS 238M (YOY)
KSOLVES INDIA: Q1 CONS NET PROFIT 89.5M RUPEES VS 76M (YOY)
WIPRO: CO EXEC: PARTS OF BUSINESS PARTLY RECOVERING LIKE CAPCO -- CO EXEC SAYS THERE IS NO IMPACT OF CROWDSTRIKE TO WIPRO -- CO EXEC SAYS SPEAKING TO CLIENTS TO HELP THEM ON CROWDSTRIKE ISSUE
WIPRO: CO EXEC SAYS DID NOT SEE SIGNIFICANT SHIFT IN DEMAND ENVIRONMENT IN Q1 -- CO EXEC SAYS CLIENTS REMAIN CAUTIOUS, DISCRETIONARY SPENDING CONTINUE TO BE MUTED
WIPRO: CO CEO SAYS SEEING MOMENTUM IN CONSUMER BUSINESS IN US -- CO CEO SAYS DEAL PIPELINE IN EUROPE HEALTHY, PLAN TO IMPROVE ON DEAL CONVERSION -- CO CEO SAYS WE ARE REVIEWING OUR STRATEGY FOR APMEA MARKET
INFOSYS: BMO RAISES TARGET PRICE TO $23 FROM $18
WIPRO: CO SAYS Q1 ORDER BOOKINGS $3,284 MLN
WIPRO: CO SEES Q2FY25 REV FROM IT SERVICES IN RANGE OF $2,600 MILLION TO $2,652 MILLION
WIPRO: Q1 EBIT 36.21B RUPEES VS 35.4B (QOQ); EST 36.42B -- Q1 EBIT MARGIN 16.48% VS 15.94% (QOQ); EST 16.4%
WIPRO: Q1 REVENUE 219.6B RUPEES VS 222B (QOQ)
WIPRO: Q1 CONS NET PROFIT 30.03B RUPEES VS 28.35B (QOQ)
ONWARD TECH: Q1 EBIT 83M RUPEES VS 65M (QOQ) -- Q1 EBIT MARGIN 7.07% VS 5.52% (QOQ)
ONWARD TECH: Q1 REVENUE 1.17B RUPEES VS 1.2B (QOQ)
ONWARD TECH: Q1 CONS NET PROFIT 71M RUPEES VS 67M (QOQ)
INFOSYS LTD: RS. 98.03 CRORES NSE BLOCK TRADE; FOR ~ 543796 SHARES, AT RS. 1802.70
TATA TECHNOLOGIES: CO EXPECTS VINFAST TO INVEST IN EXTENDING THEIR PORTFOLIO IN THE FUTURE, WHICH MAY LEAD TO NEW PRODUCT DEVELOPMENT OPPORTUNITIES - CONCALL UPDATE
TATA TECHNOLOGIES: CO HAS CONFIDENCE THAT MOMENTUM WILL CONTINUE BEYOND CALENDAR YEAR 2024 AND INTO CALENDAR YEAR 2025 -- CO EXPECTS GROWTH TO PICK UP AND GROWTH RATES TO BE RELATIVELY RANGE-BOUND - CONCALL UPDATE
TATA TECHNOLOGIES: CO EXPECTS SEQUENTIAL GROWTH TO PICK UP FROM Q2 ONWARD, SUPPORTED BY A HEALTHY DEAL PIPELINE -- CO EXPECTS TO GROW FROM THE FIRST QUARTER AND EXPECTS A RELATIVELY STRONG YEAR. - CONCALL UPDATE
INFOSYS: CO HOLDS ITS MARGIN GUIDANCE AT 20% TO 22% -- CO IS OPTIMIZING AND MODERNIZING IT INFRASTRUCTURE SERVICES AND TRANSFORMING IT OPERATION MODELS WITH AI FOR CLIENTS - CONCALL UPDATE
INFOSYS: CO HAS INCREASED ITS GUIDANCE, INDICATING A MORE POSITIVE OUTLOOK THAN PREVIOUSLY EXPECTED -- THE GUIDANCE IS BASED ON THE COS Q1 PERFORMANCE, INCLUDING LARGE DEAL WINS, STRONG VOLUMES IN US FINANCIAL SERVICES, AND SUCCESSFUL EFFORTS TO WORK WITH CLIENTS ON VALUE AND PRICING - CONCALL UPDATE
INFOSYS: CO HAS REVISED ITS REVENUE GROWTH GUIDANCE FOR THE FULL FINANCIAL YEAR TO 3% TO 4% GROWTH IN CONSTANT CURRENCY -- THE OPERATING MARGIN GUIDANCE FOR THE FINANCIAL YEAR REMAINS AT 20% TO 22% - CONCALL UPDATE
L&T TECHNOLOGY SERVICES: CO REITERATES ITS ASPIRATION OF USD 1.5B IN REVENUE -- CO EXPECTS THE SUSTAINABILITY SEGMENT TO GET BACK TO A GROWTH PATH FROM NEXT QUARTER ONWARDS - CONCALL UPDATE
L&T TECHNOLOGY SERVICES: CO SAYS EUROPE IS EXPECTED TO GROW FASTER THAN THE COS OVERALL OUTLOOK -- CO EXPECTS EBIT MARGIN TRAJECTORY IN H2 TO BE BETTER THAN H1 AND MAINTAINS ITS EBIT ASPIRATION OF 16% LEVELS IN FY 25 - CONCALL UPDATE
L&T TECHNOLOGY SERVICES: CO EXPECTS GROWTH IN ALL THREE QUARTERS AHEAD AND ANTICIPATES H2 TO BE BETTER THAN H1 -- CO IS COMFORTABLE WITH ITS GUIDANCE OF 8% TO 10% REVENUE GROWTH - CONCALL UPDATE
L&T TECHNOLOGY SERVICES: CO EXPRESSED OPTIMISM ABOUT GROWTH MOMENTUM IN THE MOBILITY SEGMENT, EXPECTING IT TO CONTINUE IN THE COMING QUARTERS - CONCALL UPDATE
MASTEK: CO IS BIDDING FOR HIGH-QUALITY DIGITAL AND CLOUD DEALS, AND GETTING THE RIGHT PRICE AND RIGHT MARGIN IN THOSE AREAS - CONCALL UPDATES
MASTEK: CO IS SEEING SOME GREAT EXAMPLES OF WINS IN THE DATA AND AI SPACE, PARTICULARLY WITH MARQUEE PARTNERSHIPS WITH NVIDIA, MICROSOFT, AND AWS - CONCALL UPDATES
MASTEK: CO AIMS TO OPERATE CLOSER TO A 16.5%-17% MARGIN IN THE SECOND HALF OF THE YEAR -- CO PLANS TO COME BACK TO A DOUBLE-DIGIT MARGIN PROFILE IN THE FY25 - CONCALL UPDATES
TATA TECHNOLOGIES: CO PARTNERS WITH ARM TO DRIVE INNOVATION IN SOFTWARE-DEFINED VEHICLES (SDVS)
TANLA PLATFORMS: Q1 EBITDA 1.9B RUPEES VS 1.82B (YOY) -- Q1 EBITDA MARGIN 18.81% VS 20.00% (YOY)
TANLA PLATFORMS: Q1 REVENUE 10B RUPEES VS 9.11B (YOY)
TANLA PLATFORMS: Q1 CONS NET PROFIT 1.4B RUPEES VS 1.35B (YOY)
TECH MAHINDRA: CO SAYS PLAN OF MERGER OF VCUSTOMER PHILIPPINES (CEBU) WITH VCUSTOMER PHILIPPINES INC
INFOSYS: CO CEO SAYS ENGINEERING SERVICES GROWING WELL, SEEING TRACTION TO AUTOMATION, MEDICAL DEVICES -- CO CEO SAYS LARGE DEALS CONVERTING TO REV AS PER EXPECTATION, THERES NO SLOWING DOWN
INFOSYS: CO EXEC SAYS PRICING ENVIRONMENT REMAINED STABLE -- CO EXEC SAYS SEEING RECOVERY IN BFSI SEGMENT
INFOSYS: CO EXEC SAYS LOOKING TO HIRE 15-20K FRESHERS IN FY25 -- CO EXEC SAYS GOOD DEMAND IN EUROPEAN MARKET, AND SOME LARGE DEALS HAVE RAMPED UP
INFOSYS: CO CEO SAYS SEEING IMPROVEMENT IN NORTH AMERICA -- CO CEO SAYS VOLUME GROWTH TURNED POSITIVE AFTER SEVERAL QUARTERS -- CO CEO SAYS DISCRETIONARY SPEND CONTINUES TO BE UNDER PRESSURE
L&T TECHNOLOGY SERVICES: Q1 EBIT 3.84B RUPEES VS 4.28B (QOQ) -- Q1 EBIT MARGIN 15.58% VS 16.87% (QOQ) (CORRECTION)
L&T TECH: CO SAYS REAFFIRM ASPIRATIONS TO REACH $1.5B IN ANNUALIZED REVENUES -- CO SAYS REAFFIRM FY25 GUIDANCE OF 8-10% REVENUE GROWTH IN CONSTANT CURRENCY
L&T TECHNOLOGY SERVICES: Q1 REVENUE 24.6B RUPEES VS 25.38B (QOQ) (CORRECTION)
L&T TECHNOLOGY SERVICES: Q1 EBIT 3.9B RUPEES VS 4.28B (QOQ) -- Q1 EBIT MARGIN 17.2% VS 16.87% (QOQ)
L&T TECHNOLOGY SERVICES: Q1 REVENUE 23B RUPEES VS 25.38B (QOQ)
L&T TECHNOLOGY SERVICES: Q1 CONS NET PROFIT 3.11B RUPEES VS 3.41B (QOQ)
PERSISTENT SYSTEMS: Q1 EBITDA 3.84B RUPEES VS 3.74B (QOQ) -- Q1 EBITDA MARGIN 14.03% VS 14.45% (QOQ)
PERSISTENT SYSTEMS: Q1 REVENUE 27.37B RUPEES VS 25.9B (QOQ)
PERSISTENT SYSTEMS: Q1 CONS NET PROFIT 3.06B RUPEES VS 3.15B (QOQ)
INFOSYS: CO SEES FY25 REV GROWTH BETWEEN 3-4% -- CO SEES FY25 OP MARGIN GROWTH BETWEEN 20-22% -- CO SAYS Q1 LARGE DEAL TCV AT $4.1B
INFOSYS: Q1 CONS NET PROFIT 63.7B RUPEES VS 79.7B (QOQ); EST 62B
INFOSYS: Q1 REVENUE 393B RUPEES VS 379B (QOQ)
INFOSYS: Q1 CONS NET PROFIT 63.7B RUPEES VS 79.7B (QOQ)
INFOSYS: Q1 EBIT 82.88 RUPEES VS 76.2B (QOQ); EST 80.40B -- Q1 EBIT MARGIN 21.08% VS 20.10% (QOQ); EST 20.7%
LTIMINDTREE: COS MULTI - MILLION CONTRACT EXTENSION WITH ABSA BANK (CORRECTION)
LTIMINDTREE: COS MILLION DOLLAR CONTRACT EXTENSION WITH ABSA BANK
LTIMINDTREE: ABSA BANK REAFFIRMS CO AS A STRATEGIC TECHNOLOGY PARTNER IN ITS TRANSFORMATION JOURNEY
MASTEK: Q1 EBIT 1.04B RUPEES VS 976M (QOQ) -- Q1 EBIT MARGIN 12.78% VS 12.52% (QOQ)
MASTEK: Q1 REVENUE 8.1B RUPEES VS 7.8B (QOQ)
MASTEK: Q1 CONS NET PROFIT 715M RUPEES VS 921M (QOQ)
NEWGEN SOFTWARE: Q1 REVENUE 3.14B RUPEES VS 3.7B (QOQ)
NEWGEN SOFTWARE: Q1 EBIT 400M RUPEES VS 1.15B (QOQ) -- Q1 EBIT MARGIN 12.69% VS 30.69% (QOQ)
NEWGEN SOFTWARE: Q1 CONS NET PROFIT 476M RUPEES VS 1.05B (QOQ)
LTIMINDTREE: CO IS SYSTEMATICALLY INVESTING IN ITS CANVAS.AI PLATFORM TO ENABLE CUSTOMERS IN THEIR AI JOURNEY - CONCALL UPDATE
LTIMINDTREE: COS STRATEGY IS "AI FOR EVERYTHING, EVERYTHING FOR AI, AND AI FOR EVERYONE" TO DRIVE CULTURAL CHANGE WITHIN THE ORGANIZATION AND AMONG CLIENTS - CONCALL UPDATE
LTIMINDTREE: CO EXPECTS THE MOMENTUM TO CONTINUE IN Q2, INDICATING A POSITIVE OUTLOOK, DRIVING GROWTH AND POTENTIALLY IMPROVING MARGINS - CONCALL UPDATE
LTIMINDTREE: CO DELIVERS 2.6% (QOQ) USD REVENUE GROWTH IN CC
ZENSAR TECHNOLOGIES: CO TO ACQUIRE 100% MEMBERSHIP INTEREST IN BRIDGEVIEW LIFE SCIENCES -- DEAL AT $14M UPFRONT PAYMENT, ADDITIONAL PAYMENT UP TO $11M
INFOSYS: TD COWEN RAISES TARGET PRICE TO $17 FROM $16
LTIMINDTREE: CO SAYS APPROVAL TO SET-UP ENTITY BY UNIT IN BRAZIL, WITH INITIAL INVESTMENT OF $1M
LTIMINDTREE: CO SAYS FISCAL FY25 STARTED ON A POSITIVE NOTE -- CO SAYS SEEING MEASURED UPTICK IN IT SPENDING FOR CRITICAL INITIATIVES
LTIMINDTREE: Q1 EBIT 13.71B RUPEES VS 13.09B (QOQ) -- Q1 EBIT MARGIN 14.99% VS 14.72% (QOQ)
LTIMINDTREE: Q1 REVENUE 91.43B RUPEES VS 88.9B (QOQ)
LTIMINDTREE: Q1 CONS NET PROFIT 11.34B RUPEES VS 11B (QOQ)
WIPRO: CO TO INFUSE ADDITIONAL SUBSCRIPTION AMOUNT OF 1.4M RUPEES HEPL -- ADDITIONAL SUBSCRIPTION TOWARDS ADDITIONAL CAPACITY FOR RENEWABLE ENERGY USAGE
HAPPIEST MINDS: CO LAUNCHES WATCH360,AN AI-INFUSED PACKAGED OFFERING FOR MANAGED INFRASTRUCTURE SERVICES
TATA CONSULTANCY SERVICES LTD: RS. 83.87 CRORES NSE BLOCK TRADE; FOR ~ 200595 SHARES, AT RS. 4181.20
KELLTON TECH: CO ANNOUNCED BOLD LEAP INTO AI, HARNESSING THE POWER OF CO-PILOT TO STREAMLINE OPERATIONS AND SUPERCHARGE EFFICIENCY
KELLTON TECH: CO ADDED 13 NEW CLIENTS IN Q1 LAST QUARTER WAS 7 NEW CLIENTS INCLUDING LIC
KELLTON TECH: CO EXEC SAYS CO IS EXCITED TO ANNOUNCE MAJOR AI INITIATIVE WITH CO-PILOT TO ENHANCE OPERATIONS AND EFFICIENCY
RATEGAIN TRAVEL TECH: HAHNAIR SELECTS CO TO POWER PRICING FOR OVER 350+ AIRLINES GLOBALLY
KELLTON TECH SOLUTIONS: Q1 EBITDA 316M RUPEES VS 274M (YOY) -- Q1 EBITDA MARGIN 12.07% VS 11.03% (YOY)
KELLTON TECH SOLUTIONS: Q1 REVENUE 2.6B RUPEES VS 2.5B (YOY)
KELLTON TECH SOLUTIONS: Q1 CONS NET PROFIT 199M RUPEES VS 154M (YOY)
TATA CONSULTANCY SERVICES LTD: RS. 53.45 CRORES NSE BLOCK TRADE; FOR ~ 127302 SHARES, AT RS. 4198.30
TATA CONSULTANCY SERVICES LTD: RS. 150.26 CRORES NSE BLOCK TRADE; FOR ~ 357197 SHARES, AT RS. 4206.75
HCL TECHNOLOGIES LTD: Rs. 33.17 Crores NSE Block Trade; for ~ 207090 Shares, at Rs. 1601.65
HCL TECH: FY25 GUIDANCE REMAINS UNCHANGED -- GOOD Q1-REVENUE, MARGINS-SLIGHT BETTER THAN ESTIMATES -- SLIGHT UPGRADE BY BROKERAGES-GENAI GATHERING PACE
HCL TECH: EXPECT TO GROW IN Q2 WITH ALL VERTICALS AND GEOGRAPHIES SEEING (QOQ) GROWTH (EXCEPT FINANCIALS DUE TO STATE STREET) -- EXPECT TO SEE GROWTH IN BFSI FROM Q3 ONWARDS -- EXPECT MANUFACTURING TO GROW IN Q2 - ETNOW
HCLTECH: CO EXEC SAYS CONTINUE TO SEE GOOD DEMAND IN U.S. -- CO EXEC SAYS SEE SOME WEAKNESS IN INDUSTRIAL SEGMENT IN EUROPE THAT MAY IMPACT DEMAND
HCLTECH: CO EXEC SAYS EXPECT TO SEE GOOD DEAL BOOKINGS IN NEXT FEW QUARTERS -- CO EXEC SAYS DECISION TO CLOSE FEW DEALS MOVED TO Q2
HCLTECH: CO EXEC SAYS Q2 FINANCIAL SERVICES REVENUE IS EXPECTED TO DECLINE DUE TO STATE STREET DIVESTURE
HCLTECH: CO EXEC SAYS WE ASSUME DISCRETIONARY SPEND IN FY25 TO REMAIN SAME AS LAST YEAR -- CO EXEC SAYS NOT SEEING ANY RECOVERY IN SPENDS YET
HCLTECH: CO EXEC SAYS IN Q2, ALL VERTICALS AND MARKETS TO SEE SEQUENTIAL GROWTH EXCEPT FINANCIAL SERVICES
HCLTECH: CO EXEC SAYS QOQ REVENUE DECLINE MAINLY DUE TO PROJECT RAMPDOWNS IN MANUFACTURING
INFOSYS: CO FOUNDATION USA JOINS FORCES WITH CONGRESSIONAL APP CHALLENGE TO CHAMPION STEM EDUCATION ACROSS THE U.S.
HCLTECH: CO SAYS CONFIDENT OF DECENT GROWTH IN THE COMING QUARTERS -- CO SAYS COMMITTED TO IMPROVING OUR CAPITAL EFFICIENCY
HCL TECH: CO SAYS FY25 EBIT MARGIN SEEN BETWEEN 18-19% -- FY25 REV GROWTH SEEN BETWEEN 3-5% (YOY) IN CC -- Q1 TCV OF NEW DEAL WINS AT $1960 MLN
HCL TECH: CO HAS DECLARED AN INTERIM DIVIDEND OF 12 RUPEES PER EQUITY SHARE
HCL TECH: Q1 OTHER INCOME SEEN AT 11B VS 4B (QOQ)
HCL TECH: Q1 EBIT 47.95B RUPEES VS 50.24B (QOQ) - Q1 EBIT MARGIN 17.09% VS 17.63% (QOQ)
HCL TECH: Q1 REVENUE 280.5B RUPEES VS 284.99B (QOQ)
HCL TECH: Q1 CONS NET PROFIT 42.6B RUPEES VS 39.86B (QOQ); EST 37.8B
SUBEX: CONSIDERATION TO BE IN FORM OF FULLY PAID EQUITY SHARES OF ONGRID
SUBEX: CO APPROVED SALE OF ID CENTRAL TO HANDY ONLINE SOLUTIONS
CYIENT: CO SAYS THE INDIAN ELECTRONICS AND SEMICONDUCTOR ASSOCIATION (IESA) FORECASTING THE INDUSTRYS GROWTH TO USD 100 BILLION BY 2030, -- CO SAYS WELLPOSITIONED TO CAPITALIZE ON THE VAST OPPORTUNITIES FOR GROWTH AND INFLUENCE IN THIS EVOLVING MARKET
CYIENT: CO ANNOUNCES SET-UP OF A SUBSIDIARY FOR SEMICONDUCTOR BUSINESS
TATA ELXSI: CO AND EMERSON INAUGURATE THE MOBILITY INNOVATION CENTRE IN BENGALURU
CYIENT: CO GRANTED IN-PRINCIPLE APPROVAL TO RE-ORGANISE END TO END TURNKEY ASIC SEMICONDUCTOR BUSINESS -- COST OF ACQUISITION NOT EXCEEDING 1M RUPEES
AFFLE (INDIA): CO HAS BEEN GRANTED ANOTHER PATENT IN THE US, WHICH WAS FILED PREVIOUSLY -- CO SAYS THIS ENHANCES THE OVERALL GRANTED IP PORTFOLIO OF THE CO
TCS: CO CEO SAYS MOST AI DEALS ARE SHORT-TERM, BUT STARTED SEEING SOME LONG TERM OPPORTUNITIES -- CO CEO SAYS GROWTH OF GCC NOT IMPACTING CO IN A MAJOR WAY
INFOSYS: DELAWARE DEPARTMENT OF LABOR SELECTS CO PUBLIC SERVICES TO MODERNIZE ITS LABOR SYSTEMS
TCS: CO EXEC SAYS CONTINUE TO HOLD STAND THAT FY25 WILL BE BETTER THAN FY24
TCS: CO EXEC SAYS TOO EARLY TO CALL IF GROWTH MOMENTUM IS SUSTAINABLE, MARKET CONDITIONS REMAIN SAME AS LAST QUARTER
LTIMINDTREE: CO AND SNOWFLAKE STRENGTHEN JOINT COMMITMENT TO ENABLE ENTERPRISES TO ACCELERATE AI ADOPTION JOURNEY
TCS: CO SAYS Q1 ORDER BOOK AT $8.3B
TCS: CO HAS DECLARED AN INTERIM DIVIDEND OF 10 RUPEES PER EQUITY SHARE
TCS: Q1 EBIT 154.4B RUPEES VS 159.2B (QOQ); 153B EST -- Q1 EBIT MARGIN 24.66% VS 25.99% (QOQ); 24.5% EST
TCS: Q1 REVENUE 626.1B RUPEES VS 612.4B (QOQ); 622B EST
TCS: Q1 CONS NET PROFIT 120.4B RUPEES VS 124.3B (QOQ); 120B EST
TATA CONSULTANCY SERVICES LTD: RS. 111.77 CRORES NSE BLOCK TRADE; FOR ~ 285116 SHARES, AT RS. 3920.00
NELCO: Q1 EBITDA 123M RUPEES VS 144M (YOY) -- Q1 EBITDA MARGIN 16.63% VS 18.32% (YOY)
NELCO: Q1 REVENUE 740M RUPEES VS 788M (YOY)
NELCO: Q1 CONS NET PROFIT 46M RUPEES VS 57M (YOY)
INFOSYS LTD: RS. 50.40 CRORES NSE BLOCK TRADE; FOR ~ 303909 SHARES, AT RS. 1658.55
TATA ELXSI: CO DELIVERS HEALTHY GROWTH IN Q1 FY25 WITH REVENUE FROM OPERATIONS GROWING AT 2.4% (QOQ) IN CONSTANT CURRENCY - INVESTOR PRESENTATION
INFOSYS: BOARD MEETING ON JULY 18 TO CONSIDER Q1 RESULTS
TATA ELXSI: Q1 EBITDA 2.5B RUPEES VS 2.5B (YOY) -- Q1 EBITDA MARGIN 27.23% VS 29.57% (YOY)
TATA ELXSI: Q1 SL NET PROFIT 1.84B RUPEES VS 1.89B (YOY) -- Q1 REVENUE 9.26B RUPEES VS 8.5B (YOY)
WIPRO: COGNIZANT CFO JATIN DALAL RESOLVES LAWSUIT WITH WIPRO -- COGNIZANT - ERMS OF SETTLEMENT, WHICH WAS REACHED WITHOUT ANY ADMISSION OF LIABILITY BY EITHER PARTY, ARE CONFIDENTIAL
INFOSYS: CO COLLABORATES WITH SECTOR ALARM TO FUEL GROWTH THROUGH CLOUD-BASED MICROSOFT DYNAMICS ERP -- LEADING EUROPEAN SECURITY PROVIDER TO LEVERAGE INFOSYS COBALT TO MODERNIZE CORE SYSTEMS ACROSS EIGHT COUNTRIES
HCL TECHNOLOGIES LTD: Rs. 15.04 Crores NSE Block Trade; for ~ 98004 Shares, at Rs. 1534.65
RATEGAIN TRAVEL: MALAYSIA AIRLINES SELECTS CO FOR A MULTI-YEAR PARTNERSHIP TO GET AI-POWERED RATE INTELLIGENCE
COFORGE LTD: Rs. 25.66 Crores NSE Block Trade; for ~ 43421 Shares, at Rs. 5909.70
HCL TECHNOLOGIES: BOARD MEETING ON JULY 12 TO CONSIDER Q1 RESULTS
COFORGE: CO FURTHER ACQUIRED 4,618,199 EQUITY SHARES OF CIGNITI; ACQUISITION REPRESENTS 16.92% OF CURRENT PAID UP SHARE CAPITAL OF CIGNITI -- COST OF ACQUISITION 1,398.50 RUPEES PER SHARE
DATAMATICS GLOBAL SERVICES: CO SAYS CFO SANDEEP MANTRI RESIGNS
GENESYS INTERNATIONAL CORP: CO SUBSIDIARY IS ENGAGED IN THE BUSINESS OF PROVIDING GEOSPATIAL SOLUTIONS, ADVANCED MAPPING, SURVEY AND PHOTOGRAMMETRY SOLUTIONS
GENESYS INTERNATIONAL CORP: CO APPROVED FURTHER INVESTMENTS OF ABOUT 111.3M RUPEES IN UNIT
QUICK HEAL: CO PARTNERS WITH NEWJAISA TECHNOLOGIES BRIDGING CYBERSECURITY GAPS IN REFURBISHED ELECTRONICS MARKET
ZAGGLE PREPAID: CO HAS ENTERED INTO AN AGREEMENT WITH HERO MOTOCORP LIMITED
HCL TECH: FOXCONN CHAIRMAN YOUNG LIU TO VISIT INDIA THIS YEAR -- CO IS ALSO IN PROCESS OF EXPANDING ITS IPHONE PRODUCTION FACILITY, SETTING UP A CHIP PLANT IN A JOINT VENTURE WITH HCL GROUP, AN ELECTRIC VEHICLE MANUFACTURING UNIT AND APPLE AIRPODS - PTI
CIGNITI TECH: COFORGE HAS ACQUIRED 3,021,293 EQUITY SHARES OF CO AGGREGATING TO 11.07% WITH AN AVERAGE PURCHASE PRICE OF RUPEES 1,412 PER SHARE
COFORGE: CO HAS ACQUIRED 3,021,293 EQUITY SHARES AGGREGATING TO 11.07% WITH AN AVERAGE PURCHASE PRICE OF RUPEES 1,412 PER SHARE
CIGNITI TECHNOLOGIES LTD: RS. 422.74 CRORES NSE BLOCK TRADE; FOR ~ 3030632 SHARES, AT RS. 1394.90
TATA CONSULTANCY SERVICES LTD: Rs. 20.35 Crores NSE Block Trade; for ~ 50385 Shares, at Rs. 4038.85
INTELLECT DESIGN ARENA: CO LAUNCHES GOVERNMENT PROCUREMENT EXCHANGE PLATFORM (IGPX) COMPOSED WITH EMACH.AI
PERSISTENT SYSTEMS: CO SAYS SOFTWARE COMPANY INTERNATIONAL HAS BEEN DISSOLVED EFFECTIVE FROM JUNE 27
KPIT TECHNOLOGIES LTD: Rs. 16.16 Crores NSE Block Trade; for ~ 94056 Shares, at Rs. 1718.00
INFOSYS LTD: RS. 115.28 CRORES NSE BLOCK TRADE; FOR ~ 712390 SHARES, AT RS. 1618.15
D-LINK INDIA LTD: Rs. 19.35 Crores NSE Block Trade; for ~ 341775 Shares, at Rs. 566.05
INFOSYS LTD: RS. 82.26 CRORES NSE BLOCK TRADE; FOR ~ 508302 SHARES, AT RS. 1618.35
INFOSYS LTD: RS. 73.36 CRORES NSE BLOCK TRADE; FOR ~ 454457 SHARES, AT RS. 1614.25
PERSISTENT SYSTEMS: CO ACQUIRES STARFISH ASSOCIATES, STRENGTHENING ITS POSITION IN AI-POWERED CONTACT CENTER AND UNIFIED COMMUNICATIONS
HCLTECH: CO LAUNCHES GLOBAL DELIVERY CENTER IN PATNA CENTER TO FOCUS ON DELIVERY OF IT, ENGINEERING SERVICES
HCLTECH: CO AND IBM ANNOUNCE GENAI CENTER OF EXCELLENCE TO SUPPORT CLIENTS WITH CUSTOMIZED AI SOLUTIONS -- CO PLANS TO TRAIN 10,000 EMPLOYEES ON IBM’S WATSONX™ AI AND DATA PLATFORM
TCS: CO SIGNS TITLE PARTNERSHIP WITH SYDNEY MARATHON, AUSTRALIA S LARGEST AND MOST ICONIC RACE
LATENT VIEW ANALYTICS: CO HAS ACQUIRED 70% OF THE FULLY DILUTED EQUITY SHARE CAPITAL OF DECISION POINT PRIVATE LIMITED -- WITH THIS ACQUISITION, DECISION POINT PRIVATE HAS BECOME A SUBSIDIARY OF THE CO
WIPRO: BOARD MEETING ON JULY 19 TO CONSIDER Q1 RESULTS
NEWGEN SOFTWARE TECHNOLOGIES: CO RECEIVED PURCHASE ORDERS WORTH 130M RUPEES
TCS: BOARD MEETING ON JULY 11 TO CONSIDER Q1 RESULTS -- CO CONSIDER DECLARATION OF AN INTERIM DIVIDEND
VAKRANGEE: COS SHAREHOLDING IN VORTEX ENGINEERING HAS INCREASED FROM 78.2% TO 93.40%
VAKRANGEE: CO ACQUIRES 14.70% STAKE IN VORTEX ENGINEERING TO STRENGTHEN ATM BUSINESS
HCL TECH: RS 1788.27CR NSE BLOCK TRADE; FOR ~12414228 SHARES, AT RS 1440.5 (PRE-OPEN)
INFOSYS: INFOSYS BPM INAUGURATES SECOND FACILITY IN PUERTO RICO WITH USD 200,000 INVESTMENT, CREATING 325 NEW JOBS
HCLTECH : BLOCK DEAL OF 0.46% EQUITY WORTH ₹1,757 CR LIKELY IN HCLTECH ON JUNE 28 -- FLOOR PRICE LIKELY AT ₹1,414.9/SH (AT A DISCOUNT OF 2.75% TO CMP) - CNBCTV18, CITING SOURCES
INFOSYS: SEBI HAS ISSUED A SETTLEMENT ORDER TO SALIL PAREKH, CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR OF CO -- NO IMPACT ON THE CO’S FINANCIAL, OPERATIONAL OR OTHER ACTIVITIES PURSUANT TO THE SETTLEMENT ORDER
WIPRO: CO SAYS UNITS DESIGNIT NORTH AMERICA AND WIPRO DESIGNIT SERVICES COMPLETE MERGER EFFECTIVE JULY 1
INFOSYS: QORUS AND INFOSYS FINACLE COLLABORATE TO RECOGNIZE BANKING INNOVATION INITIATIVES WORLDWIDE
INFOSYS: RS 18.42CR BSE BLOCK TRADE; FOR ~117107 SHARES, AT RS 1573.5 (MULTIPLE BLOCKS)
GENESYS INTERNATIONAL: CO SAYS NNG IS A LEADING PLAYER IN NAVIGATION AND CONNECTED CAR TECHNOLOGY AND HAS LAMBORGHINI, FERRARI, RENAULT, FORD, MAZDA, JAGUAR LAND ROVER, HARLEY DAVIDSON, MCLAREN AS CLIENTS
GENESYS INTERNATIONAL: CO INKS PARTNERSHIP WITH NNG FOR AUTO AND MOBILITY SOLUTIONS
DATAMATICS GLOBAL: CO EARNS ISO 42001:2023 CERTIFICATION FOR ARTIFICIAL INTELLIGENCE MANAGEMENT SYSTEMS
HCL TECHNOLOGIES LTD: Rs. 16.78 Crores NSE Block Trade; for ~ 117062 Shares, at Rs. 1433.40
INFOSYS: CO WORKING ON 225 GEN AI PROGRAMMES FOR CLIENTS, SAYS CHAIRMAN NANDAN NILEKANI - MONEYCONTROL
AFFLE (INDIA) LTD: RS. 320.60 CRORES NSE BLOCK TRADE; FOR ~ 2485301 SHARES, AT RS. 1290.00
TECH MAHINDRA LTD: Rs. 29.71 Crores NSE Block Trade; for ~ 207444 Shares, at Rs. 1432.00
CE INFOSYSTEM: RS 122.15CR BSE BLOCK TRADE; FOR ~523116 SHARES, AT RS 2335 (MULTIPLE BLOCKS)
COFORGE: INDIA CCI APPROVES ACQUISITION OF CERTAIN EQUITY SHARES (MAJORITY SHAREHOLDING) OF CIGNITI TECHNOLOGIES LTD BY COFORGE LTD
CE INFO: BLOCK DEAL ALERT - PROMOTER RAKESH KUMAR VERMA TO SELL 5 LAC SHARES VIA BLOCK DEAL -- FLOOR PRICE AT 2,293.20 PER EQUITY SHARE / 5% DISCOUNT -- TOTAL OFFER SIZE RS 115 CR -- JM FIN BROKER TO DEAL - CNBC AWAAZ, CITING SOURCES
TECH MAHINDRA: COS PLAN OF MERGER OF UNIT HEALTHNXT INC. WITH ITS PARENT COMPANY TECH MAHINDRA (AMERICAS) HAS BEEN APPROVED
MPHASIS LTD: Rs. 26.05 Crores NSE Block Trade; for ~ 108489 Shares, at Rs. 2400.80
INTELLECT DESIGN: LARGE MULTIMILLION DESTINY DEAL - VANCITY, CANADAS LARGEST COMMUNITY CREDIT UNION, SELECTS INTELLECT FOR EMACH.AI COMPOSED DIGITAL TRANSFORMATION
HAPPIEST MIND: RS 781.24CR BSE BLOCK TRADE; FOR ~9223588 SHARES, AT RS 847
TANLA PLATFORM: TRAI MANDATES ACCESS PROVIDERS TO ENHANCE THEIR MOBILE APPS AND WEB PORTALS TO MAKE THEM MORE USER-FRIENDLINESS
MASTEK: CO APPROVES CORPORATE GUARANTEE OF USD 28.8M FOR MASTEK INC, UNIT IN USA
HAPPIEST MINDS: BLOCK DEAL ALERT - FOUNDER ASHOK SOOTA TO SELL 91.3 LAC SHARES OR 6% STAKE IN CO -- FLOOR PRICE AT RS 826 PER SHARE , 10% DISCOUNT TO MARKET PRICE -- DEAL SIZE NEARLY RS 755 CRORES -- KOTAK BROKER TO DEAL - CNBC AWAAZ, CITING SOURCES
SUBEX: CO RECOGNIZED IN THE 2024 GARTNER® MAGIC QUADRANT™ FOR AI IN CSP CUSTOMER AND BUSINESS OPERATIONS REPORT
PERSISTENT SYSTEMS: CO TO CONSIDER Q1 RESULT ON JULY 18
CE INFO: COS ENTERPRISE OFFERINGS IN PARTNERSHIP WITH CLARITYX, AN AI DRIVEN DATA ANALYTICS AND CONSULTING CO
MPHASIS: CO TO CONSIDER Q1 RESULT ON JULY 25
TCS: XEROX SIGNS DEAL WITH CO TO TRANSFORM ITS IT TECHNOLOGY USING CLOUD AND GENAI
MPHASIS LTD: Rs. 32.98 Crores NSE Block Trade; for ~ 133392 Shares, at Rs. 2472.45
KSOLVES INDIA: CO DECLARED DIVIDEND 8 RUPEES PER SHARE
TATA CONSULTANCY SERVICES LTD: RS. 59.55 CRORES NSE BLOCK TRADE; FOR ~ 157111 SHARES, AT RS. 3790.05
MPHASIS: CO APPOINTS VINAY KALINGARA AS HEAD OF INVESTOR RELATIONS -- VINAY JOINS CO FROM LTIMINDTREE, WHERE HE WAS THE HEAD OF INVESTOR RELATIONS
AURIONPRO SOLUTIONS: CO SAYS LONG TERM REVENUE GROWTH RATE GOAL OF 25%-30% PER ANNUM
DATAMATICS GLOBAL: CO GRANTED PATENT FOR ITS PROPRIETARY AI-POWERED INTELLIGENT DOCUMENT PROCESSING SOFTWARE
HCL TECH: CO, TECNOTREE IN PACT TO BRING 5G LED GENERATIVE AI SOLUTIONS - CNBC AAWAZ
NETWEB TECH: CO UNVEILS NEW AMD BASED MAKE-IN-INDIA SERVERS FOR DATA CENTERS AI SYSTEMS
WIPRO: CO CLARIFIES ON NEWS ARTICLE - WIPRO WINS MULTI-MLN DOLLAR DEAL FROM STANDARD CHARTERED -- CO SAYS NEWS IS BASED ON RUMOUR AND SPECULATION AND WE WOULD LIKE TO CATEGORICALLY STATE THAT INFORMATION MENTIONED IS INACCURATE
INFOSYS: CO LAUNCHED TODAY INFOSYS ASTERTM – THE AI-AMPLIFIED MARKETING SUITE THAT DELIVERS ENGAGING BRAND EXPERIENCES, ENHANCED MARKETING EFFICIENCY, AND ACCELERATED BUSINESS GROWTH
LTIMINDTREE LTD: RS. 70.76 CRORES NSE BLOCK TRADE; FOR ~ 138613 SHARES, AT RS. 5104.85
ZAGGLE PREPAID: CO EXEC SAYS TREMENDOUS TAILWINDS IS THERE, SEE 50% GROWTH FOR NEXT 2 - 3 YEARS - CNBC TV18
ZAGGLE PREPAID: CO EXEC SAYS EXPECT 125% JUMP IN Q1 ON YOY BASIS - CNBC TV 18
WIPRO: HANESBRANDS INC. STRENGTHENS WIPRO PARTNERSHIP TO ACCELERATE DIGITAL TRANSFORMATION -- WIPRO TO PROVIDE A RANGE OF SERVICES INCLUDING AI, CLOUD, DATA AND ANALYTICS, APPLICATION MANAGEMENT, CYBERSECURITY, AND CONSULTING
AURIONPRO SOLUTIONS: CO FIXES JUNE 27 AS RECORD DATE FOR 1:1 BONUS ISSUE
INFOSYS: BOARD MEETING ON JULY 18 TO CONSIDER Q1 RESULTS
TVS ELECTRONICS: CO GETS FAVOURABLE TAX ORDER, DISPUTED AMOUNT IS NOW REDUCED FROM 23.9M RUPEES TO 23,311 RUPEES
TATA ELXSI: CO COLLABORATES WITH RED HAT TO ACCELERATE NETWORK MONETIZATION FOR TELCOS
TECH MAHINDRA: COS FY27 GOALS - REVENUE GROWTH EXCEEDING THE PEER AVERAGE, EBIT MARGIN OF AT LEAST 15%, ROCE GREATER THAN 30% - INVESTOR PRESENTATION
ZAGGLE PREPAID OCEAN: CO HAS ENTERED INTO AN AGREEMENT WITH SKYDO TECHNOLOGIES PRIVATE LTD TO FACILATATE CROSS BORDER PAYMENTS FOR ZAGGLE CORPORATE CUSTOMERS
ZAGGLE PREPAID OCEAN SERVICES: CO SAYS IN PACT WITH SKYDO TECHNOLOGIES TO FACILITATE CROSS BORDER PAYMENTS FOR ZAGGLE CORPORATE CUSTOMERS
WIPRO: CO TO TRANSFORM AUTOMOTIVE SOFTWARE DEVELOPMENT THROUGH SIEMENS COLLABORATION AND INTEGRATION WITH PAVE360 -- CO SAYS THE COLLABORATION IS DESIGNED TO CHANGE THE WAY AUTOMOTIVE SOFTWARE IS DEVELOPED, TESTED, AND VALIDATED
WIPRO: CO LAUNCHES ON-PREMISE GENAI SOLUTION WITH HEWLETT PACKARD ENTERPRISE -- CO SAYS THIS INNOVATIVE PLATFORM IS ENGINEERED TO DRIVE OPERATIONAL EXCELLENCE AND ENHANCE CUSTOMER ENGAGEMENT
AURIONPRO SOLUTIONS: CO SAYS RBI HAS GRANTED FINAL AUTHORIZATION TO AURIONPRO PAYMENT SOLUTIONS PRIVATE LTD, UNIT OF THE CO TO OPERATE AS AN ONLINE PAYMENT AGGREGATOR
COFORGE LTD: Rs. 18.86 Crores NSE Block Trade; for ~ 35613 Shares, at Rs. 5295.00
RATEGAIN TRAVEL TECHNOLOGIES LTD: Rs. 22.25 Crores NSE Block Trade; for ~ 298645 Shares, at Rs. 745.00
RATEGAIN TRAVEL TECH: GREEN MOTION INTERNATIONAL SELECTS CO AS ITS PREFERRED REVENUE MANAGEMENT PARTNER
LTIMINDTREE: CO AND SNP LAUNCH MELD®: COLLABORATIVE SERVICES PLATFORM FOR ACQUISITIONS & DIVESTITURES PROGRAMS FOR SAP CUSTOMERS
TATA ELXSI: DEFENDER RALLY SERIES AND CO EXTEND THEIR PARTNERSHIP INTO THE 2024 SEASON
HCL TECH: OLYMPUS AND CO EXPAND ENGINEERING AND R&D PARTNERSHIP, ANNOUNCE DEDICATED CENTER IN HYDERABAD, INDIA TO ADVANCE OLYMPUS’ GLOBAL PRODUCT INNOVATION JOURNEY
WIPRO: CO INTRODUCES THE LAB45 AI PLATFORM DESIGNED TO INCREASE EFFICIENCIES AND TRANSFORM BUSINESS FUNCTIONS -- CO SAYS THE SAAS-BASED PLATFORM ACCELERATES ADOPTION OF GENAI, BOOSTS EFFICIENCY AND PRODUCTIVITY ACROSS ALL BUSINESS FUNCTIONS
TCS: CO LAUNCHES NEW IOT ENGINEERING LAB IN OHIO TO ACCELERATE INNOVATION FOR CLIENTS
LTIMINDTREE: CO STRENGTHENS PRESENCE IN SAUDI ARABIA -- CO OPENS ITS REGIONAL HEADQUARTERS IN RIYADH
HCL TECH: CO AND APOBANK DEEPEN PARTNERSHIP -- TOTAL CONTRACT VALUE OF DEAL IS USD 278M OVER A DURATION OF 7.5 YEARS
PERSISTENT SYSTEM: CO ENTERS INTO STRATEGIC PARTNERSHIP AGREEMENT TO DRIVE INNOVATIVE SOLUTIONS POWERED BY GOOGLE CLOUD
MPHASIS: COS JAVELINA SELECTS HPE GREENLAKE CLOUD WITHHPE ALLETRA STORAGE, TO ACCELERATE IT TRANSFORMATION AND STRENGTHEN SECURITY ENVIRONMENT FOR ITS HEALTHCARE CLIENTS
L&T TECHNOLOGY SERVICES: CO AND IIT HYDERABAD FORGE STRATEGIC PARTNERSHIP TO DRIVE ADVANCEMENTS IN ADAS AND C2VX COMMUNICATION
KSOLVES: BOARD MEETING ON JUNE 20 TO RECOMMEND FOR DECLARATION OF 1ST INTERIM DIVIDEND -- CO FIXES JUNE 28 AS RECORD DATE FOR THE DIVIDEND IF DECLARED
HCL TECH: CO LAUNCHES ENTERPRISE AI FOUNDRY TO DRIVE AI EFFECTIVENESS ACROSS ENTERPRISE VALUE CHAINS
KPIT TECHNOLOGIES LTD: Rs. 29.75 Crores NSE Block Trade; for ~ 201413 Shares, at Rs. 1476.90
MPHASIS LTD: RS. 6841.91 CRORES NSE BLOCK TRADE; FOR ~ 28614648 SHARES, AT RS. 2391.05
AXISCADES TECH: CO BEGINS DELIVERY OF ADVANCED COUNTER DRONE SYSTEMS UNDER A LANDMARK ORDER OF RUPEES 100 CRS FROM INDIAN ARMY
MPHASIS: BLOCK DEAL ALERT - HUGE BLOCK DEAL OF UPTO 15.1% EQUITY EXPECTED WORTH RS 6700 CRORES -- BCP TOPCO TO SELL ITS HOLDING VIA BLOCK DEAL -- FLOOR PRICE RS 2350 PER SHARE (5% DISCOUNT) -- IIFL SEC BROKER TO DEAL - CNBC AWAAZ, CITING SOURCES
VAKRANGEE: CO PARTNERS WITH TAX2WIN FOR OFFERING INCOME TAX RETURN FILING SERVICES, GST REGISTRATION / RETURN AND OTHER VALUE ADDED SERVICES ON PAN INDIA BASIS
TCS: CO LAUNCHES WISDOMNEXTTM, AN INDUSTRY-FIRST GENAI AGGREGATION PLATFORM
SUBEX: CO SAYS HAS BEEN MENTIONED IN GARTNER MAGIC QUADRANT FOR AI IN CSP BUSINESS OPERATIONS -- CO SAYS THIS MAGIC QUADRANT REPORT HELPS COMMUNICATIONS SERVICE PROVIDERS IDENTIFY AND EVALUATE AI VENDORS FOR THEIR CUSTOMER AND BUSINESS OPERATIONS
WIPRO: CO GETS ORDER WORTH $500M DEAL BY A LEADING US COMMUNICATION SERVICE -- CO SHALL PROVIDE MANAGED SERVICES FOR SOME PRODUCTS AND INDUSTRY SPECIFIC SOLUTIONS
MASTEK: CO TO BOOST CX (CUSTOMER EXPERIENCE) MANAGEMENT FOR MANUFACTURING, HEALTHCARE, BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) SECTOR WITH NVIDIA AI ENTERPRISE -- CO’S NEXT-GEN SOLUTION REDUCED CUSTOMER RESPONSE TIME FROM A 3-TO-7-DAYS RANGE TO A SECOND
PERSISTENT SYSTEM: CO LAUNCHES GENAI HUB TO POWER NEW ERA OF ENTERPRISE AI ADOPTION
MPHASIS: CO EARNS SPECIALIZED PEGA PARTNER DISTINCTION IN AMERICAS FOR INSURANCE
INTELLECT DESIGN ARENA: CO UNIT INTELLECT GLOBAL CONSUMER BANKING LAUNCHES EMACH.AI DIGITAL ENGAGEMENT PLATFORM (EMACH.AI DEP) - THE ONLY CODELESS ENGAGEMENT BANKING PLATFORM IN THE WORLD
MPHASIS LTD: Rs. 23.83 Crores NSE Block Trade; for ~ 100375 Shares, at Rs. 2373.60
LTIMINDTREE: COS STRATEGIC PARTNERSHIP WITH SAP -- COMBINING COLLECTIVE POWER OF BUSINESS TECHNOLOGY PLATFORM, BUSINESS AI WITH SAP RISE AND SAP GROW
WIPRO: CO LAUNCHES AN AI-ASSISTED SECURITY AND RISK PLATFORM, POWERED BY ZSCALER -- WIPRO CYBER X-RAY EMPOWERS CXOS TO MAKE OPTIMIZED SECURITY INVESTMENT DECISIONS
INFOSYS: CO COLLABORATES WITH NIHON CHOUZAI TO EXPAND HEALTHCARE ACCESS IN JAPAN
MPHASIS: CO AND CLASSIQ PARTNER TO DRIVE QUANTUM INNOVATION
WIPRO: CO APPOINTS BRUNO SCHENK AS COUNTRY HEAD AND MANAGING DIRECTOR FOR SWITZERLAND
INFOSYS: CO SAYS EFFECTIVE FY 2025, EXPECTS TO CONTINUE ITS POLICY OF RETURNING APPROXIMATELY 85% OF FREE CASH FLOW CUMULATIVELY OVER A 5-YEAR PERIOD
INFOSYS: CO EXPECTS TO PROGRESSIVELY INCREASE ITS ANNUAL DIVIDEND PER SHARE (EXCLUDING SPECIAL DIVIDEND) - ANNUAL REPORT
HAPPIEST MIND: CLARIFICATION REGARDING NEWS RELATING TO FRAUDULENT DIVERSION OF KARNATAKA GOVERNMENT FUNDS - CO HAVE ABSOLUTELY NO CONNECTION TO THE BANK ACCOUNT NUMBER 00015010055200010 OR THE BRANCH MENTIONED (RBL BANK, BANJARA HILLS, HYDERABAD, IFSC CODE RATN0000341) AND THIS HAS BEEN CONFIRMED BY RBL BANK AUTHORITIES AS WELL
WIPRO: CO EXPANDS RETAIL MEDIA OFFERING IN COLLABORATION WITH CISCO AND AT&T -- WIPRO VISIONEDGE+ ALLOWS RETAILERS TO ENHANCE CUSTOMER EXPERIENCE AND DRIVE INCREMENTAL AD REVENUE WITHIN PHYSICAL STORES
GENESYS INTERNATIONAL CORP: Q4 EBITDA 362.6M RUPEES VS 163.2M (YOY) -- Q4 EBITDA MARGIN 50.94% VS 35% (YOY)
GENESYS INTERNATIONAL CORP: Q4 REVENUE 711.7M RUPEES VS 466M (YOY)
GENESYS INTERNATIONAL CORP: Q4 CONS NET PROFIT 148.5M RUPEES VS 21M (YOY)
SUBEX: CO UNIT WON DEAL WITH TELECOM OPERATOR IN EUROPE -- SIZE OF ORDER ABOUT $1.1 MLN
KELLTON TECH SOLUTIONS: Q4 EBITDA 74M RUPEES VS 43.7M (YOY) -- Q4 EBITDA MARGIN 13.93% VS 9.37% (YOY)
KELLTON TECH SOLUTIONS: Q4 REVENUE 531M RUPEES VS 466.2M (YOY)
KELLTON TECH SOLUTIONS: Q4 SL NET PROFIT 24M RUPEES VS 5.15M (YOY)
HCLTECH: CO INTEGRATES ITS GENAI PLATFORM HCLTECH AI FORCE WITH GOOGLE GEMINI
HCLTECH: CO INFUSES GENAI INTO MRO SOLUTION TO REDEFINE ENTERPRISES ASSET UTILIZATION
INTELLECT DESIGN: CO UNVEILS GROUNDBREAKING EMACH.AI COMPOSED AND CONTEXTUAL PLATFORMS ICPX AND IAPX TO REIMAGINE CORPORATE PROCUREMENT AND ACCOUNTS PAYABLE PROCESSES
INFOSYS: CO COLLABORATES WITH COMMERZBANK TO TRANSFORM ITS TRADING ECOSYSTEM
INTELLECT DESIGN: CO LAUNCHES CANADA-READY EMACH.AI CLOUD FOR BANKS AND CREDIT UNIONS, ENHANCING PAYMENTS, DIGITAL EXPERIENCES, CORE BANKING AND CONTEXTUAL AI
TCS: CO & IIT-BOMBAY TO BUILD INDIA’S FIRST QUANTUM DIAMOND MICROCHIP IMAGER
COFORGE LTD: Rs. 41.54 Crores NSE Block Trade; for ~ 78499 Shares, at Rs. 5292.15
HCL TECH: CO AND ARM COLLABORATE ON CUSTOM SILICON CHIPS OPTIMIZEDFOR AI WORKLOADS
AFFLE (INDIA) LTD: RS. 112.40 CRORES NSE BLOCK TRADE; FOR ~ 884393 SHARES, AT RS. 1270.90
AXISCADES TECH: CO UNIT MISTRAL SECURES A RUPEES 90 CR ORDER FROM BEL FOR SUPPLY OF RADAR PROCESSING SYSTEMS
NUCLEUS SOFTWARE: CO IS DEVELOPING A NEW PRODUCT CALLED FINNONE NEO, WHICH IS A SOLUTION FOR MANAGING RETAIL ASSETS - CONCALL UPDATE
AFFLE (INDIA): Q4 EBITDA 980M RUPEES VS 690M (YOY) -- Q4 EBITDA MARGIN 19.36% VS 19.39% (YOY)
AFFLE (INDIA): Q4 REVENUE 5.1B RUPEES VS 3.6B (YOY)
AFFLE (INDIA): Q4 CONS NET PROFIT 874.9M RUPEES VS 624M (YOY)
WIPRO: ADANI PORTS TO BE INCLUDED IN SENSEX FROM JUNE 24 AND WIPRO TO BE EXCLUDED
AURIONPRO: FIME AND CO SUBSIDIARY ANNOUNCE STRATEGIC COLLABORATION IN TRANSIT TICKETING AND PAYMENT SOLUTIONS
ZAGGLE PREPAID OCEAN SERVICES: Q4 EBITDA 272.2M RUPEES VS 176.9M (YOY) -- Q4 EBITDA MARGIN 9.96% VS 9.47% (YOY)
ZAGGLE PREPAID OCEAN SERVICES: Q4 REVENUE 2.73B RUPEES VS 1.9B (YOY)
ZAGGLE PREPAID OCEAN SERVICES: Q4 SL NET PROFIT 191.6M RUPEES VS 75.6M (YOY)
EXPLEO SOLUTIONS: Q4 EBITDA 342.2M RUPEES VS 431M (YOY) -- Q4 EBITDA MARGIN 13.4% VS 18.67% (YOY)
EXPLEO SOLUTIONS: Q4 REVENUE 2.5B RUPEES VS 2.3B (YOY)
EXPLEO SOLUTIONS: Q4 CONS NET PROFIT 157M RUPEES VS 291M (YOY)
HCLTECH: CO SAYS PURCHASE OF COMMUNICATIONS TECHNOLOGY GROUP ASSETS FROM HEWLETT PACKARD ENTERPRISE -- TRANSACTION EXPECTED TO CLOSE IN 6 TO 9 MONTHS; TOTAL PURCHASE PRICE AT $225M
WIPRO: CO APPOINTS SARAT CHAND AS REGIONAL HEAD AND MANAGING DIRECTOR OF NORTHERN EUROPE REGION
ZAGGLE PREPAID OCEAN SERVICES: CO SAYS WE PLAN TO EXPAND GEOGRAPHICALLY INTO US MARKETS AS PART OF OUR GROWTH STRATEGY -- CO SAYS WE ARE POISED TO DOUBLE OUR REVENUE OVER NEXT 2 YEARS THROUGH ORGANIC GROWTH
ZAGGLE PREPAID OCEAN SERVICES: CO SAYS EXPECT REVENUE GROWTH FOR THIS FISCAL YEAR TO TUNE OF 45%-55% -- INTEND TO PURSUE INORGANIC GROWTH OPPORTUNITIES THROUGH MERGERS AND ACQUISITIONS
XCHANGING SOLUTIONS: Q4 REVENUE 445M RUPEES VS 458M (YOY)
XCHANGING SOLUTIONS: Q4 EBITDA 129M RUPEES VS 132M (YOY) -- Q4 EBITDA MARGIN 28.92% VS 28.73% (YOY)
XCHANGING SOLUTIONS: Q4 CONS NET PROFIT 124M RUPEES VS 110M (YOY)
NUCLEUS SOFTWARE EXPORTS: Q4 EBIT 544M RUPEES VS 441M (QOQ) -- Q4 EBIT MARGIN 25.89% VS 21.62% (QOQ)
NUCLEUS SOFTWARE EXPORTS: Q4 EBITDA 582M RUPEES VS 476M (QOQ) -- Q4 EBITDA MARGIN 27.69% VS 23.34% (QOQ)
NUCLEUS SOFTWARE EXPORTS: Q4 REVENUE 2.1B RUPEES VS 2B (QOQ)
NUCLEUS SOFTWARE EXPORTS: Q4 CONS NET PROFIT 521M RUPEES VS 413M (QOQ)
INFOSYS: CO EXEC SAYS MAINTAIN FY25 CC REVENUE GROWTH GUIDANCE OF 1-3% - CNBC TV 18
RAMCO SYSTEM: COS GUIDANCE WAS GIVEN FOR EBITDA POSITIVE IN THE CURRENT QUARTER AND THE COMING YEAR - CONCALL UPDATE
TCS: CO SAYS BURGAN BANK SELECTS CO BANCS TO TRANSFORM ITS CORE BANKING
INTELLECT DESIGN: CO LAUNCHES EMACH.AI-COMPOSED INTELLECT DIGITAL CORE FOR COOPERATIVE BANKS, REDEFINING BANKS’ OPERATIONS WITH A COMPETITIVE EDGE TO GROW EXPONENTIALLY AND FURTHER THE DIGITAL INDIA GOAL
RATEGAIN TRAVEL: CO SAYS Q1FY25 TO BE BETTER THAN Q4FY24 -- ADARA SHOULD HAVE STRONG Q1 - CONCALL UPDATES
RATEGAIN TRAVEL: CO SAYS GUIDANCE FOR FY 25 IS 40% GROWTH AND 100-200 BASIS POINTS IMPROVEMENT IN EBITDA MARGINS - CONCALL UPDATES
RAMCO SYSTEMS: Q4 REVENUE 1.31B RUPEES VS 1.26B (YOY)
RAMCO SYSTEMS: Q4 CONS NET LOSS 230.1M RUPEES VS LOSS 455.7M (YOY)
RATEGAIN TRAVEL TECH: Q4 EBITDA 542M RUPEES VS 322M (YOY) -- Q4 EBITDA MARGIN 21.21% VS 17.61% (YOY)
RATEGAIN TRAVEL TECH: Q4 REVENUE 2.6B RUPEES VS 1.8B (YOY)
RATEGAIN TRAVEL TECH: Q4 CONS NET PROFIT 500M RUPEES VS 338M (YOY)
HCL TECHNOLOGIES LTD: Rs. 26.75 Crores NSE Block Trade; for ~ 201308 Shares, at Rs. 1329.00
MPHASIS: CO ESTABLISHES GLOBAL CENTRE OF EXCELLENCE (COE) FOR ADVANCED COMPUTING IN HYDERABAD
HCL TECHNOLOGIES LTD: Rs. 24.17 Crores NSE Block Trade; for ~ 181051 Shares, at Rs. 1334.80
COFORGE: CO SAYS THE SOLUTION IS INTENDED TO INCREASE THE PRODUCTIVITY OF FINANCIAL ADVISORS AND ASSET MANAGERS BY MORE THAN 30 PERCENT
COFORGE: CO SAYS BY USING UNDERWRITER COPILOT, INSURANCE CARRIERS CAN INCREASE THEIR UNDERWRITER PRODUCTIVITY AND EFFICIENCY BY 30-35 PERCENT
COFORGE: CO INTRODUCES TWO NEW INDUSTRY COPILOTS: UNDERWRITER COPILOT FOR INSURANCE AND ADVISOR COPILOT FOR FINANCIAL SERVICES
COFORGE: CO ANNOUNCES THE LAUNCH OF COPILOT INNOVATION HUB IN COLLABORATION WITH MICROSOFT TO ACCELERATE ENTERPRISE ADOPTION OF GENERATIVE AI
ONWARD TECH: CO EXPECTS TO BOUNCE BACK TO DOUBLE-DIGIT EBITDA AND CONSTANTLY IMPROVING AS IT MOVES FORWARD - CONCALL
WIPRO: CO SAYS RESIGNATION OF AMIT CHOUDHARY AS COO -- CO SAYS APPOINTMENT OF SANJEEV JAIN AS CHIEF OPERATING OFFICER
ONWARD TECH: CO RECOMMENDED FINAL DIVIDEND OF RUPEES 5 PER EQUITY SHARE
ONWARD TECH: Q4 EBIT 65M RUPEES VS 74M (QOQ) -- Q4 EBIT MARGIN 5.52% VS 6.45% (QOQ)
ONWARD TECH: Q4 REVENUE 1.2B RUPEES VS 1.14B (QOQ)
ONWARD TECH: Q4 CONS NET PROFIT 67M RUPEES VS 68M (QOQ)
INFOSYS LTD: RS. 62.76 CRORES NSE BLOCK TRADE; FOR ~ 433187 SHARES, AT RS. 1448.70
INFOSYS: CO COLLABORATES WITH TELSTRA FOR AI-LED ENGINEERING TRANSFORMATION -- SET TO ACCELERATE INNOVATION FOR TELSTRA AND FURTHER ENHANCE CUSTOMER EXPERIENCE
INFOSYS: CO SAYS COLT TECHNOLOGY SERVICES COLLABORATES WITH CO TO ACCELERATE ITS DIGITAL TRANSFORMATION PROGRAM
COFORGE: CO IN PARTNERSHIP WITH FIORANO INTRODUCES ISO 20022 COMPLIANCE AS A SERVICE (ICAAS) ( SPELL CHECK )
COFORGE: O IN PARTNERSHIP WITH FIORANO INTRODUCES ISO 20022 COMPLIANCE AS A SERVICE (ICAAS)
AURIONPRO SOLUTIONS: CO AND GOOGLE PARTNER TO BRING WALLET SOLUTIONS FOR PUBLIC TRANSPORTATION
HAPPIEST MINDS: CO PARTNERS WITH SOLVIO TO PROVIDE NEXT-GEN SALESFORCE SOLUTIONS
QUICK HEAL TECHNOLOGIES: EET PARTNERS WITH QUICK HEAL, STRENGTHENING ITS POSITION AS THE PREFERRED DISTRIBUTOR FOR CYBERSECURITY SOLUTIONS IN EUROPE
INFOSYS: CO AND SAP EMARSYS COLLABORATE TO DELIVER ENHANCED PERSONALIZED OMNICHANNEL EXPERIENCE FOR CLIENTS -- TO HELP ORGANIZATIONS DRIVE REVENUE GROWTH AND ENHANCE CUSTOMER EXPERIENCE BY LEVERAGING INFOSYS COBALT AND INFOSYS TOPAZ
AURIONPRO SOLUTIONS: CO APPROVED ISSUE OF BONUS SHARES IN RATIO OF 1: 1
AURIONPRO SOLUTIONS: CO RECOMMENDED DIVIDEND OF 2.5 RUPEES PER SHARE
AURIONPRO SOLUTIONS: Q4 EBIT 470M RUPEES VS 460M (QOQ) -- Q4 EBIT MARGIN 19.04% VS 19.92% (QOQ)
AURIONPRO SOLUTIONS: Q4 CONS NET PROFIT 384.8M RUPEES VS 376M (QOQ) -- Q4 REVENUE 2.47B RUPEES VS 2.31B (QOQ)
INFOSYS: CO COLLABORATES WITH FIRST ABU DHABI BANK TO OPTIMIZE AND MODERNIZE ITS IT INFRASTRUCTURE SERVICES -- LEVERAGING INFOSYS COBALT TO DELIVER INDUSTRY-LEADING INFRASTRUCTURE-MANAGED SERVICES
BIRLASOFT: CO ATTAINS AWS MIGRATION CONSULTING COMPETENCY
SUBEX: CO IS TARGETING DOUBLE-DIGIT REVENUE GROWTH FOR THE CURRENT FISCAL YEAR, WITH A FOCUS ON ACHIEVING A BREAKOUT YEAR - CONCALL UPDATES
C.E. INFO SYSTEMS: CO SAYS INCREASE IN DATA GENERATION ON VEHICLES ESPECIALLY WITH ELECTRIC VEHICLES (EVS). CURRENTLY, IN INDIA, SHARE OF EVS IN TOTAL VEHICLE SALES IS AROUND 5% FOR 2W AND <1% FOR 4W AND CV. GOI TARGETS EV SALES TO BE 30% OF PRIVATE CARS, 70% FOR COMMERCIAL VEHICLES AND 80% FOR 2W AND 3W BY 2030
C.E. INFO SYSTEMS: CO SAYS INCREASE IN DATA GENERATION ON VEHICLES ESPECIALLY WITH ELECTRIC VEHICLES (EVS). CURRENTLY, IN INDIA, SHARE OF EVS IN TOTAL VEHICLE SALES IS AROUND 5% FOR 2W AND <1% FOR 4W AND CV. GOI TARGETS EV SALES TO BE 30% OF PRIVATE CARS, 70% FOR COMMERCIAL VEHICLES AND 80% FOR 2W AND 3W BY 2030
C.E. INFO SYSTEMS: CO PLAN TO CROSS REVENUE MILESTONE OF RS 1000 CR BY FY27/FY28, A CAGR OF 35-40%
TCS: CO TO SET UP FIRST-OF-ITS-KIND HUMAN-CENTRIC AI CENTER OF EXCELLENCE IN FRANCE -- BASED AT THE NEW TCS PACEPORT™ IN PARIS, THE CENTER WILL FOCUS ON THE BRAIN-MACHINE INTERFACE, DEVELOPING EMPATHY IN MACHINES AND UNLEASHING THE CREATIVITY OF AI
C.E INFOSYSTEMS: CO APPROVED FINAL DIVIDEND OF RUPEES 3.5 PER EQUITY SHARE
C.E. INFO SYSTEMS: Q4 EBITDA 395M RUPEES VS 290M (YOY)
C.E. INFO SYSTEMS: Q4 REVENUE 1.1B RUPEES VS 725M (YOY)
C.E. INFO SYSTEMS: Q4 CONS NET PROFIT 380M RUPEES VS 280M (YOY)
SUBEX: CO NAMED NISHA DUTT AS MD AND CEO
SUBEX: Q4 CONS NET LOSS 1.57B RUPEES VS LOSS 472M (YOY); LOSS 48.9M (QOQ) -- Q4 REVENUE 838M RUPEES VS 473M (YOY); 818.2M (QOQ)
WIPRO: CO APPOINS VINAY FIRAKE AS CEO, APMEA, OF THE CO -- CO SAYS ANIS CHENCHAH RESIGNS AS CEO OF ITS ASIA PACIFIC, MIDDLE EAST AND AFRICA BUSINESS
NETWEB TECHNOLOGIES INDIA: CO SAYS MANUFACTURING PLANT IN HARYANA COMMENCED COMMERCIAL PRODUCTION
DATAMATICS GLOBAL: CO SAYS GUIDANCE FOR FY 24-25 IS FOR REVENUE GROWTH TO BE BETWEEN 20% TO 22%, SIMILAR TO LAST YEAR
INTELLECT DESIGN ARENA: CO IS TARGETING $100 MILLION IN PLATFORM REVENUE IN THREE YEARS - INVESTOR PRESENTATION
WIPRO: WIPRO INFRASTRUCTURE ENGINEERING’S HYDRAULICS BUSINESS ENTERS INTO A DEFINITIVE AGREEMENT TO ACQUIRE MAILHOT INDUSTRIES
VAKRANGEE: CO HAS EXCEPTIONAL ITEM OF LOSS 3.2M RUPEES
VAKRANGEE: Q4 EBITDA 76.1M RUPEES VS 47M (YOY) -- Q4 EBITDA MARGIN 14.12% VS 9.26% (YOY)
VAKRANGEE: Q4 CONS NET PROFIT 21.9M RUPEES VS 6.8M (YOY); 12.4M (QOQ) -- Q4 REVENUE 538.9M RUPEES VS 509.4M (YOY); 515.6M (QOQ)
TVS ELECTRONICS: CO RECOMMENDS FINAL DIVIDEND OF 1 RUPEE PER EQUITY SHARE
TVS ELECTRONICS: Q4 EBITDA 26M RUPEES VS 31.6M (YOY) -- Q4 EBITDA MARGIN 2.68% VS 3.71% (YOY)
TVS ELECTRONICS: Q4 SL NET PROFIT 5.7M RUPEES VS PROFIT 15.1M (YOY); LOSS 17.4M (QOQ) -- Q4 REVENUE 970.8M RUPEES VS 850.5M (YOY); 869M (QOQ)
INTELLECT DESIGN ARENA: BOARD HAS RECOMMENDED A FINAL DIVIDEND OF 3.50 RUPEES PER SHARE
INTELLECT DESIGN ARENA: Q4 EBITDA 1.36B RUPEES VS 1.31B (QOQ) -- Q4 EBITDA MARGIN 22.23% VS 20.64% (QOQ)
INTELLECT DESIGN ARENA: Q4 EBIT 1.01B RUPEES VS 967M (QOQ) -- Q4 EBIT MARGIN 16.49% VS 15.24% (QOQ)
INTELLECT DESIGN ARENA: Q4 CONS NET PROFIT 729.2M RUPEES VS 843M (QOQ) -- Q4 REVENUE 6.14B RUPEES VS 6.34B (QOQ)
TECH MAHINDRA LTD: RS. 53.31 CRORES NSE BLOCK TRADE; FOR ~ 420747 SHARES, AT RS. 1267.05
HAPPIEST MINDS TECH: CO TO ACQUIRE USA BASED AZURE NATIVE DIGITAL PRODUCT ENGINEERING COMPANY– AUREUS TECH SYSTEMS LLC
WIPRO: CO AND KOGNITOS COLLABORATE TO DEPLOY GENAI-BASED BUSINESS AUTOMATION SOLUTIONS -- WIPRO VENTURES ALSO PARTICIPATED IN KOGNITOS’ LATEST SERIES A FUNDING ROUND
DATAMATICS GLOBAL SERVICES: CO TO ACQUIRE BALANCE 23% STAKE IN DATAMATICS CLOUD SOLUTION HELD BY CLOUDGROWTH
DATAMATICS GLOBAL SERVICES: CO HAS RECOMMENDED FINAL DIVIDEND OF 5 RUPEES PER EQUITY SHARE
DATAMATICS GLOBAL SERVICES: Q4 EBITDA 646.5M RUPEES VS 841.3M (YOY) -- Q4 EBITDA MARGIN 15.66% VS 20.21% (YOY)
DATAMATICS GLOBAL SERVICES: Q4 EBITDA 646.5M RUPEES VS 841.3M (YOY) -- Q4 EBITDA MARGIN 15.66% VS 20.21% (YOY)
DATAMATICS GLOBAL SERVICES: Q4 CONS NET PROFIT 525.2M RUPEES VS 597M (YOY); 413M (QOQ) -- Q4 REVENUE 4.13B RUPEES VS 4.16B (YOY); 3.69B (QOQ)
NUCLEUS SOFTWARE EXPORTS: CO NAMES SURYA PRAKASH KANODIA AS CFO
INFOSYS: CO TO ACCELERATE YUNEX TRAFFIC’S ERP TRANSFORMATION
LATENT VIEW ANALYTICS: CO EXPECTS 5% TO 6% SEQUENTIAL QUARTER GROWTH FOR Q1 - EARNINGS CONCALL
LATENT VIEW ANALYTICS: CO SAYS GUIDANCE FOR THE FULL YEAR IS FOR REVENUE TO BE AROUND $12.8 MILLION AND MARGINS TO BE IN EXCESS OF 30% - EARNINGS CONCALL
SONATA SOFTWARE: CO IS BUILDING SOLUTIONS USING MICROSOFT FABRIC AS INFRASTRUCTURE FOR AI IN CLOSE COLLABORATION WITH MICROSOFT - EARNINGS CONCALL
SONATA SOFTWARE: CO IS EXPECTING DEALS TO CONVERT INTO LARGE DEALS IN THE COMING QUARTERS - EARNINGS CONCALL
SONATA SOFTWARE: CO WILL LIKELY OUTPERFORM THE INDUSTRY, WHICH IS FORECASTING 5% TO 6% GROWTH - EARNINGS CONCALL
INFOSYS: CO AND SERVICENOW STRENGTHEN STRATEGIC COLLABORATION TO TRANSFORM CUSTOMER EXPERIENCES WITH GENERATIVE AI-POWERED INDUSTRY SOLUTIONS -- INFOSYS COBALT CLOUD OFFERINGS AND SERVICENOW NOW ASSIST TO HELP ENTERPRISES INCREASE PRODUCTIVITY, ENHANCE EFFICIENCY, AND IMPROVE USER EXPERIENCE
TATA ELXSI: CO COLLABORATES WITH ARM TO ACCELERATE THE SOFTWARE-DEFINED VEHICLE JOURNEY FOR OEMS
LTIMINDTREE: CO AND IBM COLLABORATE ON WATSONX CENTER OF EXCELLENCE FOR GENERATIVE AI
SONATA SOFTWARE: CO APPROVED MERGER OF ENCORE I.T. SERVICES SOLUTIONS WITH CO
SONATA SOFTWARE: CO RECOMMENDED A FINAL DIVIDEND OF 4.40 RUPEES PER EQUITY SHARE
SONATA SOFTWARE: Q4 EBITDA 1.44B RUPEES VS 1.52B (YOY) -- Q4 EBITDA MARGIN 6.58% VS 7.92% (YOY)
SONATA SOFTWARE: Q4 CONS NET PROFIT 1.1B RUPEES VS PROFIT 1.14B (YOY); LOSS 461.6M (QOQ) -- Q4 REVENUE 21.92B RUPEES VS 19.14B (YOY); 24.93B (QOQ)
LATENT VIEW ANALYTICS: Q4 EBITDA 403.9M RUPEES VS 301.3M (YOY) -- Q4 EBITDA MARGIN 23.53% VS 21.36% (YOY)
LATENT VIEW ANALYTICS: Q4 CONS NET PROFIT 452.4M RUPEES VS 342M (YOY); 465.4M (QOQ) -- Q4 REVENUE 1.72B RUPEES VS 1.41B (YOY); 1.66B (QOQ)
INFOSYS: CO RECEIVES ISO 42001:2023 CERTIFICATION FOR ARTIFICIAL INTELLIGENCE MANAGEMENT SYSTEM
HAPPIEST MIND: CO SAYS THAT FY 25 IS GOING TO BE OUR BEST-EVER YEAR SINCE OUR IPO
HAPPIEST MIND: CO NOW NEED ONLY 22% CAGR BY THE END OF FY 2025 TO ACHIEVE $1 BILLION IN REVENUE BY 2031
HAPPIEST MIND: GIVING BROAD FY25 MARGIN GUIDANCE OF 20-24% - CNBC TV 18
HAPPIEST MINDS: CO SAYS FY25 REVENUE GROWTH ESTIMATE OF 35-40% INCLUDES BOTH ORGANIC & INORGANIC - CNBC-TV18
INFOSYS LTD: RS. 60.67 CRORES NSE BLOCK TRADE; FOR ~ 426330 SHARES, AT RS. 1423.00
INFOBEANS TECH: Q4 REVENUE 969M RUPEES VS 920M (YOY)
INFOBEANS TECH: Q4 CONS NET PROFIT 92M RUPEES VS 47M (YOY)
PERSISTENT SYSTEM: CO TRANSFORMS ENTERPRISE DATA MANAGEMENT WITH IAURA, A PORTFOLIO OF AIPOWERED DATA SOLUTIONS
HAPPIEST MINDS TECH: CO HAS EXCEPTIONAL ITEM OF 129.5M RUPEES
HAPPIEST MINDS TECH: CO RECOMMENDED A FINAL DIVIDEND OF 3.25 RUPEES PER EQUITY SHARE
HAPPIEST MINDS TECH: Q4 EBIT 683.2M RUPEES VS 661M (QOQ) -- Q4 EBIT MARGIN 16.37% VS 16.12% (QOQ)
HAPPIEST MINDS TECH: Q4 CONS NET PROFIT 719.8M RUPEES VS 596.2M (QOQ); 576.6M (YOY) -- Q4 REVENUE 4.17B RUPEES VS 4.1B (QOQ); 3.78B (YOY)
WIPRO: CO COLLABORATES WITH MICROSOFT TO LAUNCH A SUITE OF GENERATIVE AI-POWERED VIRTUAL ASSISTANTS FOR FINANCIAL SERVICES -- CO SAYS THE COGNITIVE ASSISTANTS WILL HELP IMPROVE PRODUCTIVITY, ACCELERATE CLIENT ONBOARDING, AND ENHANCE CLIENT ENGAGEMENT
HCLTECH: CO AND AWS ENTER STRATEGIC COLLABORATION TO ACCELERATE GENAI ADOPTION
INTELLECT DESIGN: ELEVATING EMACH.AI POWERED TRANSACTION BANKING EXCELLENCE: INTELLECT APPOINTS RAJESH MEHTA TO INTELLECT’S GROWTH ADVISORY BOARD
R SYSTEMS INTERNATIONAL: Q4 EBITDA 533.2M RUPEES VS 543.1M (YOY) -- Q4 EBITDA MARGIN 12.80% VS 13.44% (YOY)
R SYSTEMS INTERNATIONAL: Q4 CONS NET PROFIT 274.9M RUPEES VS 358.4M (YOY); 458.7M (QOQ) -- Q4 REVENUE 4.17B RUPEES VS 4B (YOY); 4.16B (QOQ)
KSOLVES INDIA: Q4 EBITDA 129.5M RUPEES VS 92.9M (YOY) -- Q4 EBITDA MARGIN 42.53% VS 40.83% (YOY)
KSOLVES INDIA: Q4 CONS NET PROFIT 94M RUPEES VS 73.4M (YOY); 89.4M (QOQ) -- Q4 REVENUE 304.5M RUPEES VS 227.4M (YOY); 284.2M (QOQ)
AFFLE (INDIA): CO HAS BEEN GRANTED ANOTHER PATENT IN THE US, WHICH WAS FILED PREVIOUSLY -- CO SAYS THIS ENHANCES THE OVERALL GRANTED IP PORTFOLIO OF THE CO -- PATENT SUBJECT AREA IS “METHOD AND SYSTEM FOR MONITORING AND INTEGRATION OF ONE OR MORE INTELLIGENT CONVERSATIONAL AGENTS"
L&T TECHNOLOGY SERVICES: FORVIA AND CO AGREE STRATEGIC PARTNERSHIP ON ULTRA-LOW EMISSIONS ENGINEERING IN GERMANY AND INDIA -- CONTRACT OF APPROXIMATELY €45M; FIVE-YEAR PARTNERSHIP
COFORGE: CO SAYS ACQUISITION OF CIGNITI ENSURE THAT COFORGES OPERATING MARGINS IMPROVE BY 150-200 BPS BY FY27 -- CIGNITI TECHNOLOGIES ACQUISITION WILL CREATE THREE NEW SCALED UP VERTICALS - RETAIL, TECHNOLOGY AND HEALTHCARE
COFORGE: CO AGREED TO ENTER INTO AGREEMENT TO ACQUIRE UP TO 54% APPROX. STAKE IN CIGNITI TECHNOLOGIES -- CO ACQUIRING SHARES OF CIGNITI AT PER SHARE PRICE OF 1,415 RUPEES
COFORGE: CO HAS EXCEPTIONAL ITEM OF LOSS 116M RUPEES
COFORGE: CO DECLARED AN INTERIM DIVIDEND OF 19 RUPEES PER EQUITY SHARE
COFORGE: Q4 EBIT 3.01B RUPEES VS 3.14B (QOQ) -- Q4 EBIT MARGIN 12.77% VS 13.52% (QOQ)
COFORGE: Q4 EBIT 3.01B RUPEES VS 3.14B (QOQ) -- Q4 EBIT MARGIN 12.77% VS 13.52% (QOQ)
COFORGE: Q4 CONS NET PROFIT 2.24B RUPEES VS 2.4B (QOQ) -- Q4 REVENUE 23.59B RUPEES VS 23.23B (QOQ)
WIPRO: CO TO IMPLEMENT INDEPENDENT HEALTH’S MEDICARE PRESCRIPTION PAYMENT PLAN PLATFORM -- WIPRO’S MEDICARE PRESCRIPTION PAYMENT PLAN PLATFORM WILL STREAMLINE PRESCRIPTION PAYMENTS
WIPRO: CO TO IMPLEMENT INDEPENDENT HEALTH S MEDICARE PRESCRIPTION PAYMENT PLAN PLATFORM
HCLTECH: CO AND CISCO LAUNCH PERVASIVE WIRELESS MOBILITY AS-A-SERVICE
CE INFO: MAP MY INDIA TIE UP WITH KIA MOTORS - ZEE BUSINESS
L&T TECH: FORVIA AND CO AGREE STRATEGIC PARTNERSHIP ON ULTRA-LOW EMISSIONS ENGINEERING IN GERMANY AND INDIA
CIGNITI TECH: Q4 EBIT 278M RUPEES VS 625M (QOQ) -- Q4 EBIT MARGIN 6.10% VS 13.35% (QOQ)
CIGNITI TECH: Q4 CONS NET PROFIT 271M RUPEES VS 480M (QOQ); 492M (YOY) -- Q4 REVENUE 4.56B RUPEES VS 4.7B (QOQ); 4.25B (YOY)
NETWEB TECH: CO RECOMMENDS DIVIDEND OF 2 RUPEES PER EQUITY SHARE
NETWEB TECH: Q4 EBITDA 404.2M RUPEES VS 151.7M (YOY) -- Q4 EBITDA MARGIN 15.2% VS 12.29% (YOY)
NETWEB TECH: Q4 SL NET PROFIT 296.6M RUPEES VS 105.3M (YOY); 260M (QOQ) -- Q4 REVENUE 2.66B RUPEES VS 1.23B (YOY); 2.53B (QOQ)
TECH MAHINDRA: CO PARTNERS WITH ATENTO TO OFFER GENAI-POWERED SERVICES - BUSINESS STANDARD
WIPRO: CO WINS MULTI-MILLION-DOLLAR DEAL TO TRANSFORM NOKIA’S DIGITAL WORKPLACE SERVICES -- WIPRO TO BUILD BESPOKE AI-POWERED SOLUTION PROVIDING NEXT-GENERATION DIGITAL WORKPLACE SUPPORT, IN MULTI-YEAR CONTRACT
SONATA SOFTWARE: DENODO AND CO SIGN PARTNERSHIP TO HELP ENTERPRISES UNLOCK DATA-TO-VALUE CREATION THROUGH LOGICAL DATA MANAGEMENT
NEWGEN SOFTWARE: CO APPROVED DIVIDEND OF RUPEES 4 PER SHARE
NEWGEN SOFTWARE: Q4 EBIT 1.15B RUPEES VS 701M (QOQ) -- Q4 EBIT MARGIN 30.68% VS 21.67% (QOQ)
NEWGEN SOFTWARE: Q4 REVENUE 3.7B RUPEES VS 3.2B (QOQ)
NEWGEN SOFTWARE: Q4 CONS NET PROFIT 1.05B RUPEES VS 683M (QOQ)
BIRLASOFT: COS Q4FY24 REVENUE UP 1.6% (QOQ) AND 10% (YOY) TO $163.9M -- EBITDA MARGIN EXPANDS FROM 16.0% TO 16.3%, PAT UP 12.0% (QOQ)
BIRLASOFT: COS EBITDA MARGIN INCREASES FROM 14.0% TO 15.8% -- PAT UP 88.1% TO RS 6.24B
BIRLASOFT: COS FY’24 REVENUE AT $637.2, UP 9.5% (YOY) (EX INVACARE); IN INR TERMS FY24 REVENUE UP 12.7% (EX INVACARE) AT RS 52.78B
TATA ELXSI: TATA POWER AND NIEPID UNVEILED A PHYGITAL NEURODIVERSITY PLATFORM POWERED BY TATA ELXSIS DTX SOLUTION, TECARE
WIPRO: CO’S LAB45 LAUNCHES THINK TANK FOR CHANGE LEADERS -- THINK TANK WILL FOCUS ON EMERGING TECHNOLOGIES AND ITS IMPACT ON BUSINESS, SOCIETY, AND THE PLANET
BIRLASOFT: CO APPROVED DIVIDEND OF RUPEES 4 PER SHARE
BIRLASOFT: Q4 EBIT 2B RUPEES VS 1.93B (QOQ) -- Q4 EBIT MARGIN 14.72% VS 14.38% (QOQ)
BIRLASOFT: Q4 REVENUE 13.63B RUPEES VS 13.43B (QOQ)
BIRLASOFT: Q4 CONS NET PROFIT 1.8B RUPEES VS 1.61B (QOQ)
KPIT TECH: CO SAYS FY25 OUTLOOK - REVENUE GROWTH OF 18% - 22%, EBITDA MARGIN AT 20.5%+
KPIT TECHNOLOGIES: Q4 EBITDA 2.78B RUPEES VS 2.6B (QOQ) -- Q4 EBITDA MARGIN 21% VS 20.82% (QOQ)
KPIT TECHNOLOGIES: Q4 REVENUE 13.2B RUPEES VS 12.6B (QOQ)
KPIT TECHNOLOGIES: Q4 CONS NET PROFIT 1.6B RUPEES VS 1.55B (QOQ)
KPIT TECH: CO APPROVED ISSUE OF LETTER OF COMFORT IN FAVOR OF KPIT TECHNOLOGIES S.A.S. (FRANCE)
KPIT TECH: CO DECLARED DIVIDEND 4.6 RUPEES PER SHARE
MASTEK: CO HAS RECOMMENDED A FINAL DIVIDEND OF 12 RUPEES PER SHARE
MASTEK: Q4 EBIT 976.2M RUPEES VS 1.12B (QOQ) -- Q4 EBIT MARGIN 12.52% VS 14.24% (QOQ)
MASTEK: Q4 EBITDA 1.25B RUPEES VS 1.34B (QOQ) -- Q4 EBITDA MARGIN 16.05% VS 17.03% (QOQ)
MASTEK: Q4 CONS NET PROFIT 920.6M RUPEES VS 753M (QOQ) -- Q4 REVENUE 7.8B RUPEES VS 7.84B (QOQ)
HCLTECH: CO EXEC SAYS BROADER MACRO CONTINUES TO BE QUITE VOLATILE -- CO EXEC SAYS CAUTIOUSLY OPTIMISTIC, ASSUME A SIMILAR MACRO ENVIRONMENT THAT WE SAW IN FY24 TO ALSO BE THERE FOR PREDOMINANT PART OF FY25
HCL TECH: STATE BANK OF INDIA PARTNERS WITH HCLSOFTWARE TO DIGITALLY TRANSFORM CUSTOMER ENGAGEMENT
HCL TECH: FY25 EBIT MARGIN SEEN BETWEEN 18-19% -- Q4 TCV OF NEW DEAL WINS AT $2.29B
HCL TECH: FY25 REV GROWTH SEEN BETWEEN 3-5% (YOY) IN CC -- FY25 SERVICES REV GROWTH SEEN BETWEEN 3-5% (YOY) IN CC
HCL TECH: CO HAS DECLARED AN INTERIM DIVIDEND OF 18 RUPEES PER EQUITY SHARE
HCL TECH : Q4 EBIT 50.24B RUPEES VS 56.44B (QOQ); EST 52.26B -- Q4 EBIT MARGIN 17.63% VS 19.84% (QOQ); EST 18.3%
HCL TECH: Q4 CONS NET PROFIT 39.86B RUPEES VS 43.5B (QOQ); EST 40.84B -- Q4 REVENUE 284.99B RUPEES VS 284.46B (QOQ); EST 285.48B
KPIT TECH: RS 140.31CR BSE BLOCK TRADE; FOR ~1021271 SHARES, AT RS 1373.88 (PRE-OPEN BLOCK)
QUICKHEAL: Q4 EBITDA 100M RUPEES -- Q4 EBITDA MARGIN 12.55%
QUICKHEAL: Q4 REVENUE 800M RUPEES VS 490M (YOY)
QUICKHEAL: Q4 CONS NET PROFIT 140M RUPEES VS LOSS 70M (YOY)
MPHASIS: Q4 EBIT 5.89B RUPEES VS 5.48B (QOQ) -- Q4 EBIT MARGIN 17.26% VS 16.41% (QOQ)
MPHASIS: Q4 REVENUE 34.12B RUPEES VS 33.38B (QOQ)
MPHASIS: Q4 CONS NET PROFIT 3.93B RUPEES VS 3.74B (QOQ)
TANLA PLATFORMS: CO RECOMMENDED A FINAL DIVIDEND OF 6 RUPEES PER EQUITY SHARE
TANLA PLATFORMS: Q4 EBITDA 1.60B RUPEES VS 1.66B (YOY) -- Q4 EBITDA MARGIN 15.95% VS 19.93% (YOY)
TANLA PLATFORMS: Q4 CONS NET PROFIT 1.3B RUPEES VS 1.2B (YOY); 1.4B (QOQ) -- Q4 REVENUE 10.1B RUPEES VS 8.3B (YOY); 10B (QOQ)
L&T TECHNOLOGY SERVICES: CO UNVEILS STRATEGIC REORGANIZATION; CO WILL BE STREAMLINING, SIMPLIFYING ORGANIZATIONAL STRUCTURE INTO 3 MAIN SEGMENTS -- CO WILL CONSOLIDATE EXISTING FIVE SEGMENTS INTO THREE: MOBILITY, SUSTAINABILITY, HI-TECH
CYIENT: CO SAYS SEE COMMUNICATIONS AND SEMICONDUCTOR BUSINESS BOUNCING BACK TO GROWTH IN FY 25
ZENSAR TECHNOLOGIES: CO SAYS SACHIN ZUTE RESIGNED AS CFO
ZENSAR TECH: CO RECOMMENDED FINAL DIVIDEND AT 7 RUPEES PER EQUITY SHARE
ZENSAR TECH: Q4 EBITDA 1.79B RUPEES VS 1.76B (QOQ) -- Q4 EBITDA MARGIN 14.58% VS 14.65% (QOQ)
ZENSAR TECH: Q4 CONS NET PROFIT 1.73B RUPEES VS 1.62B (QOQ) -- Q4 REVENUE 12.3B RUPEES VS 12.04B (QOQ)
L&T TECHNOLOGY SERVICES: CO SAYS FOR FY25, OUR GUIDANCE IS FOR 8-10% REVENUE GROWTH IN CONSTANT CURRENCY
L&T TECHNOLOGY SERVICES: CO HAS RECOMMENDED A FINAL DIVIDEND OF 33 RUPEES PER EQUITY SHARE
L&T TECHNOLOGY SERVICES: Q4 EBIT 4.28B RUPEES VS 4.16B (QOQ); EST 4.16B -- Q4 EBIT MARGIN 16.87% VS 17.19% (QOQ); EST 17.2%
L&T TECHNOLOGY SERVICES: Q4 CONS NET PROFIT 3.41B RUPEES VS 3.37B (QOQ); EST 3.41B -- Q4 REVENUE 25.38B RUPEES VS 24.22B (QOQ)
CYIENT: CO SAYS FOR FY25, WE EXPECT HIGH SINGLE DIGIT DET REVENUE GROWTH YOY IN CONSTANT CURRENCY TERMS -- CO SAYS WE EXPECT FY25 DET EBIT MARGINS TO BE IN THE RANGE OF 16%
CYIENT: CO RECOMMENDED A FINAL DIVIDEND OF 18 RUPEES PER EQUITY SHARE
CYIENT: CO RECOMMENDED A FINAL DIVIDEND OF 18 RUPEES PER EQUITY SHARE
TECH MAHINDRA: CO EXEC SAYS WE EXPECT TO COME BACK FULLY TO GROWTH BY THE SECOND HALF OF YEAR -- CO EXEC SAYS ON DISCRETIONARY SPENDING, VOLATILITY IN SPENDS IS STILL HIGH
TECH MAHINDRA: CO EXEC SAYS BELIEVE FY25 WILL BE BETTER THAN PREVIOUS ONE -- CO EXEC SAYS BELIEVE Q4 MARKS THE LOW POINT IN OUR YOY GROWTH TRAJECTORY
TECH MAHINDRA: CO SAYS Q4 NET NEW DEAL WINS $500M
CYIENT: Q4 EBIT 2.68B RUPEES VS 2.6B (QOQ) -- Q4 EBIT MARGIN 14.4% VS 14.3% (QOQ)
CYIENT: Q4 CONS NET PROFIT 1.89B RUPEES VS 1.5B (QOQ) -- Q4 REVENUE 18.61B RUPEES VS 18.2B (QOQ)
TECH MAHINDRA: Q4 EBIT 6.34B RUPEES VS 7.03B (QOQ); EST 9.60B -- Q4 EBIT MARGIN 4.95% VS 5.4% (QOQ); EST 7.4%
TECH MAHINDRA: CO RECOMMENDED FINAL DIVIDEND OF RUPEES 28 PER EQUITY SHARE
TECH MAHINDRA: Q4 CONS NET PROFIT 6.6B RUPEES VS 5.1B (QOQ); EST 7.49B -- Q4 REVENUE 128.71B RUPEES VS 131.01B (QOQ)
HAPPIEST MINDS TECH: CO ACQUIRE 100% OF THE EQUITY INTEREST IN THE SHARE CAPITAL OF PURESOFTWARE TECHNOLOGIES PVT LTD
ORACLE FINANCIAL SERVICES SOFTWARE: CO APPROVED AN INTERIM DIVIDEND OF 240 RUPEES PER EQUITY SHARE FOR THE FINANCIAL YEAR 2023-24
ORACLE FINANCIAL SERVICES SOFTWARE: Q4 EBITDA 7.34B RUPEES VS 6.51B (YOY) -- Q4 EBITDA MARGIN 44.71% VS 44.26% (YOY)
ORACLE FINANCIAL SERVICES SOFTWARE: Q4 CONS NET PROFIT 5.6B RUPEES VS 4.79B (YOY); 7.41B (QOQ) -- Q4 REVENUE 16.4B RUPEES VS 14.70B (YOY); 18.24B (QOQ)
TCS: CO AND AWS SIGN STRATEGIC AGREEMENT TO ACCELERATE CLOUD TRANSFORMATIONS, OFFER ACCESS TO GENAI SOLUTIONS TO CUSTOMERS
LTIMINDTREE: CO RECOMMENDED A FINAL DIVIDEND OF RUPEES 45 PER SHARE
LTIMINDTREE: Q4 REVENUE 88.92B RUPEES VS 90.16B (QOQ)
LTIMINDTREE: Q4 EBIT 13.08B RUPEES VS 13.85B (QOQ) -- Q4 EBIT MARGIN 14.72% VS 15.37% (QOQ)
LTIMINDTREE: Q4 CONS NET PROFIT 11B RUPEES VS 11.67B (QOQ)
TATA ELXSI: CO HAS RECOMMENDED A DIVIDEND OF 70 RUPEES PER EQUITY SHARE
TATA ELXSI: Q4 EBITDA 2.61B RUPEES VS 2.7B (QOQ) -- Q4 EBITDA MARGIN 28.84% VS 29.55% (QOQ)
TATA ELXSI: Q4 SL NET PROFIT 1.97B RUPEES VS 2.05B (QOQ) -- Q4 REVENUE 9.06B RUPEES VS 9.14B (QOQ)
NELCO: CO HAS RECOMMENDED A FINAL DIVIDEND OF 2.20 RUPEES PER SHARE
NELCO: Q4 EBITDA 147.2M RUPEES VS 168M (YOY) -- Q4 EBITDA MARGIN 18.04% VS 20.52% (YOY)
NELCO: Q4 CONS NET PROFIT 61M RUPEES VS 56.6M (YOY); 61.5M (QOQ) -- Q4 REVENUE 816.1M RUPEES VS 820M (YOY); 832.4M (QOQ)
MASTEK: CO WINS A NEW DEAL FROM YANBU CEMENT CO TO OPTIMIZE ITS PRODUCTION PROCESSES USING INDUSTRIAL IOT AND ORACLE CAPABILITIES
WIPRO: CO SAYS SYNCHRONY GLOBAL SDN. BHD., STEPDOWN UNIT OF CO HAS BEEN VOLUNTARILY DISSOLVED
INTELLECT DESIGN ARENA: JORDAN KUWAIT BANK (JKB) IMPLEMENTS A FULLY INTEGRATED CORPORATE BANKING PLATFORM WITH IGTB INTELLECT POWERED BY EMACH.AI
PERSISTENT SYSTEMS: CO RECOMMENDED DIVIDEND OF 10 RUPEES PER SHARE
PERSISTENT SYSTEMS: Q4 EBIT 3.74B RUPEES VS 3.63B (QOQ) -- Q4 EBIT MARGIN 14.45% VS 14.53% (QOQ)
PERSISTENT SYSTEMS: Q4 CONS NET PROFIT 3.15B RUPEES VS 2.86B (QOQ) -- Q4 REVENUE 25.9B RUPEES VS 25B (QOQ)
WIPRO: OUTLOOK FOR THE QUARTER ENDING JUNE 30, 2024 - EXPECT REVENUE FROM OUR IT SERVICES BUSINESS SEGMENT TO BE IN THE RANGE OF $2,617M TO $2,670M -- THIS TRANSLATES TO SEQUENTIAL GUIDANCE OF (-)1.5% TO +0.5% IN CONSTANT CURRENCY TERMS
WIPRO: NON-GAAP CONSTANT CURRENCY IT SERVICES SEGMENT REVENUE DECREASED 0.3% (QOQ), AND 6.6% (YOY)
WIPRO: FY 24 LARGE DEAL BOOKINGS AT $4.6BN, A (YOY) INCREASE OF 17.4% -- OPERATING CASH FLOWS AT 158.6% OF NET INCOME FOR THE YEAR -- IT SERVICES SEGMENT OPERATING MARGIN INCREASES 40 BPS (QOQ) -- NET INCOME INCREASES 5.2% (QOQ)
WIPRO: Q4 EBIT 35.4B RUPEES VS 32.67B (QOQ); EST 35.46B -- Q4 EBIT MARGIN 15.94% VS 14.71% (QOQ); EST 16.05%
WIPRO: Q4 REVENUE 222B RUPEES VS 222.05B (QOQ)
WIPRO: Q4 CONS NET PROFIT 28.58B RUPEES VS 27B (QOQ)
AURIONPRO SOLUTIONS: CO APPROVED ACQUISITION OF MAJORITY STAKE IN ARYA.AI, OPERATED THROUGH LEGAL ENTITY LITHASA TECHNOLOGIES PRIVATE LTD -- AGGREGATE TRANSACTION PRICE AT 135 CR RUPEES
HAPPIEST MINDS TECH: CO EXECUTED SHARE PURCHASE AGREEMENT TO ACQUIRE 100% STAKE IN MACMILLAN LEARNING INDIA -- COST OF ACQUISITION 45M RUPEES
ACCELYA SOLUTIONS: CO HAS EXCEPTIONAL ITEM LOSS OF 336.1M RUPEES
ACCELYA SOLUTIONS: Q4 EBITDA 506.7M RUPEES VS 446.3M (YOY) -- Q4 EBITDA MARGIN 38.68% VS 37.36% (YOY)
ACCELYA SOLUTIONS: Q4 CONS NET PROFIT 2M RUPEES VS 363M (YOY) -- Q4 REVENUE 1.31B RUPEES VS 1.2B (YOY)
INFOSYS: CO EXEC SAYS REVENUE INFLOW FROM IN-TECH HOLDING GMBH ACQUISITION IS NOT INCLUDED IN FY25 GUIDANCE -- CO EXEC SAYS US WILL CONTINUE TO BE OUR STRATEGIC MARKET
INFOSYS: CO EXEC SAYS MACRO ENVIRONMENT STILL HAS MIXED OUTLOOK -- CO EXEC SAYS CLIENTS ARE MORE AMENABLE TO PRICING DISCUSSIONS NOW DUE TO HIGHER ONSITE INFLATION -- CO EXEC SAYS SLOWNESS IN TELCOS, HIGH-TECH, FINANCIAL SERVICES VERTICAL STILL EXISTS, BUT PERFORMANCE IS EXPECTED TO BE BETTER IN FY25
INFOSYS: CO EXEC SAYS WE SEE DIGITAL TRANSFORMATION WORK AND DISCRETIONARY SPENDING AT SAME LEVEL AS BEFORE -- CO EXEC SAYS GOOD TRACTION IN LARGE DEALS IS WHY FY25 REVENUE IS EXPECTED TO BE SLIGHTLY HIGHER THAN LAST YEAR
INFOSYS: CO SAYS DURING Q4, HAD RESCOPING AND RENEGOTIATION OF ONE OF LARGE CONTRACTS IN THE FINANCIAL SERVICES SEGMENT -- RESCOPING LEADING TO A ONE-TIME IMPACT OF ABOUT 100BPS IN Q4 -- NEARLY 85% OF THE SCOPE OF THE FINANCIAL SERVICES SEGMENT CONTRACT CONTINUES AS-IS
INFOSYS: CO SAYS APPROVED THE CAPITAL ALLOCATION POLICY UNDER WHICH THE COMPANY EXPECTS TO RETURN 85% OVER THE NEXT 5 YEARS, INCREASE ANNUAL DIVIDEND -- OPERATING MARGIN EXPANSION IN MEDIUM-TERM AND IMPROVING CASH GENERATION CONTINUE TO REMAIN OUR PRIORITIES
INFOSYS: CO APPROVED ACQUISITION OF IN-TECH HOLDING GMBH ENGAGED IN ENGINEERING R&D SERVICES -- DEAL FOR EUR 450M
INFOSYS: CO SAYS Q4 LARGE DEAL TCV AT $4.5B
INFOSYS: Q4 CONS NET PROFIT 79.69B RUPEES VS 61.1B (QOQ); EST 61.8B -- CO HAS AN OTHER INCOME OF 27.29B VS 6.7B (QOQ)
INFOSYS: GUIDANCE FOR FY25 - REVENUE GROWTH OF 1% - 3% IN CONSTANT CURRENCY -- OPERATING MARGIN OF 20%-22%
INFOSYS: CO TO ACQUIRE LEADING ENGINEERING R&D SERVICES PROVIDER, IN-TECH
INFOSYS: Q4 EBIT 76.2B RUPEES VS 79.61B (QOQ); EST 80B -- Q4 EBIT MARGIN 20.10% VS 20.5% (QOQ); EST 20.7%
INFOSYS: Q4 REVENUE 379B RUPEES VS 388B (QOQ)
INFOSYS: Q4 CONS NET PROFIT 79.69B RUPEES VS 61.1B (QOQ); EST 61.8B
INFOSYS: CO APPROVED DIVIDEND OF RUPEES 28 PER EQUITY SHARE -- CO FIXES RECORD DATE AS MAY 31 FOR THE PURPOSE PAYMENT OF DIVIDEND
LTIMINDTREE: CO COLLABORATES WITH VODAFONE TO DELIVER CONNECTED, SMART IOT AND INDUSTRY X.0 SOLUTIONS
MASTEK: CO HAS BEEN NAMED AS A SUPPLIER ON THE UKS MINISTRY OF DEFENCES (MOD) GBP 1.2B OR 12000 CR RUPEE DIGITAL AND IT PROFESSIONAL SERVICES (DIPS) FRAMEWORK
MASTEK: CO HAS BEEN NAMED AS A SUPPLIER ON THE UKS MINISTRY OF DEFENCES (MOD) GBP 1.2B DIGITAL AND IT PROFESSIONAL SERVICES (DIPS) FRAMEWORK
HCL TECH: Rs 20.42cr NSE Block Trade; for ~140123 shares, at Rs 1457.4
INFOSYS: Rs 29.11cr NSE Block Trade; for ~205666 shares, at Rs 1415.45
INFOSYS: PROXIMUS REVAMPS CUSTOMER SERVICE OPERATIONS PLATFORM IN COLLABORATION WITH INFOSYS -- LEVERAGES INFOSYS COBALT TO SIMPLIFY AND STANDARDIZE PROXIMUS’ SERVICENOW PLATFORM FOR BETTER USABILITY AND CUSTOMER EXPERIENCE
HAPPIEST MINDS TECHNOLOGIES: CO ANNOUNCED THE NEW GENAI CHATBOT - ‘HAPPI’, DEVELOPED BY ITS GENERATIVE AI BUSINESS SERVICES (GBS) UNIT FOR HAPPIEST HEALTH
SASKEN: CO ANNOUNCES STRATEGIC PARTNERSHIP TO DEVELOP CUTTING-EDGE PLATFORMS FOR AUTOMOTIVE INDUSTRY, COVERING IN-VEHICLE SYSTEMS (NAVIGATION, DIGITAL COCKPIT, 5G TELEMATICS) AND OFF-VEHICLE CLOUD SERVICES
SASKEN: CO AND JOYNEXT FORGE STRATEGIC PARTNERSHIP TO ACCELERATE INNOVATION AND EXPAND GLOBAL FOOTPRINT
TECH MAHINDRA: Rs 25cr NSE Block Trade; for ~206572 shares, at Rs 1210.3
INFOSYS: CO DRIVES HYBRID CLOUD-POWERED INNOVATION FOR TEAM GLOBAL EXPRESS
RAMCO SYSTEMS: CO SAYS REACHED SETTLEMENT WITH CUSTOMER ON APRIL 15 TO PAY $1.50 MLN -- SETTLEMENT AMOUNT ALREADY BEEN PROVIDED FOR IN THE FINANCIALS FOR NINE MONTHS ENDED DECEMBER 31, 2023
TCS: CO ANNOUNCES NEW DELIVERY CENTER IN LONDRINA, BRAZIL -- CO WILL CREATE 1,600 NEW JOBS IN THE SOUTHERN CITY OF LONDRINA OVER THE NEXT FIVE YEARS
INTELLECT DESIGN: DESTINY DEAL WIN - NATIONAL BANK OF KUWAIT (NBK) EXPANDS PARTNERSHIP WITH INTELLECT GLOBAL TRANSACTION BANKING (IGTB) FOR A COMPREHENSIVE EMACH.AI DIGITAL TRANSFORMATION
HAPPIEST MINDS: CO SAYS MINDSCULPT ANALYTICS ENGAGES CO TO BUILD ADVANCED AI MEDICAL PREVENTIVE & DIAGNOSTIC SOLUTIONS
TCS: Q4 TOTAL CONTRACT VALUE AT $13.2B VS $8.1B (QOQ) -- ATTRITION RATE AT 12.5% VS 13.3% (QOQ) -- CC REVENUE GROWTH AT 1.1% (QOQ)
TCS: CO EXEC SAYS COOS WORK TO BE DISTRIBUTED AMONG CURRENT LEADERS, NO REPLACEMENT FOR NOW -- CO EXEC SAYS PLAN TO HIRE 40,000 CAMPUS FRESHERS FOR FY25
TCS: CO EXEC SAYS COOS WORK TO BE DISTRIBUTED AMONG CURRENT LEADERS, NO REPLACEMENT FOR NOW -- CO EXEC SAYS PLAN TO HIRE 40,000 CAMPUS FRESHERS FOR FY25
TCS: CO EXEC SAYS DIFFICULT TO CALL WHEN OVERALL GROWTH WILL RETURN BUT FY25 WILL BE BETTER THAN FY24 -- CO EXEC SAYS SEE ANOTHER 30-50 BASIS POINT DROP IN ATTRITION GOING FORWARD
TCS: CO EXEC SAYS AI, GENERATIVE AI PIPELINE HAS DOUBLED IN THE QUARTER TO $900M -- CO EXEC SAYS BANKING AND FINANCIAL SERVICES PAIN BOTTOMING OUT, SHOULD START SEEING GROWTH SOON
ZAGGLE PREPAID OCEAN SERVICES: CO SAYS ENTERED INTO AGREEMENT WITH EVERSUB INDIA
WIPRO: CO SIGNED A DEFINITIVE AGREEMENT TO SUBSCRIBE FOR EQUITY SHARE CAPITAL IN FPEL UJWAL; FPEL HAS ISSUED EQUITY SHARES TO NEW OFFTAKERS AND CONVERTED ITS EXISTING OPTIONALLY CONVERTIBLE DEBENTURES INTO EQUITY SHARES -- WIPROS SHAREHOLDING IN FPEL UJWAL HAS DILUTED FROM 9.95% TO 7.07%
TCS: CO SAYS Q4 ORDER BOOK AT $13.2B
TCS: CO RECOMMENDED A FINAL DIVIDEND OF 28 RUPEES PER EQUITY SHARE
TCS: Q4 EBIT 159.2B RUPEES VS 151.55B (QOQ) -- Q4 EBIT MARGIN 25.99% VS 25.02% (QOQ)
TCS: Q4 REVENUE 612.4B RUPEES VS 605.8B (QOQ) ; 591.6B (YOY)
TCS: Q4 CONS NET PROFIT 124.3B RUPEES VS 110.6B (QOQ) ; 113.9B (YOY)
SUBEX: TIER 1 APAC OPERATOR SELECTS CO FOR AIDRIVEN BUSINESS ASSURANCE
HAPPIEST MINDS: CO COLLABORATES WITH ENERCON TO DRIVE SUSTAINABLE WIND ENERGY SOLUTIONS
DATAMATICS: CO APPOINTS DINESH KUMAR VK AS EXECUTIVE VICE PRESIDENT AND GLOBAL SALES HEAD -- DINESH KUMAR HAS PREVIOUSLY WORKED IN MPHASIS , AMDOCS, AND HEWLETT PACKARD
TECH MAHINDRA: Rs 30.41cr NSE Block Trade; for ~242692 shares, at Rs 1253.2
MPHASIS: Rs 23.46cr NSE Block Trade; for ~95710 shares, at Rs 2451
WIPRO: CO APPOINTS MALAY JOSHI AS CHIEF EXECUTIVE OFFICER FOR AMERICAS 1 STRATEGIC MARKET UNIT
INFOSYS: CO TO ACCELERAT EENTERPRISE GROWTH AND EFFICIENCY WITH GENERATIVE AI
INFOSYS: CO TOPAZ AND INTEL COLLABORATE TO ACCELERATE ENTERPRISE GROWTH AND EFFICIENCY WITH GENERATIVE AI
R SYSTEMS: CO APPOINTS ARUN RAGHAVPUDI AS THE CHIEF CUSTOMER OFFICER -- ARUN RAGHAVPUDI HAS PREVIOUSLY WORKED FOR 25 YEARS IN ENTERPRISES ITC INFOTECH, INFOVISION INC, GENPACT, AND INFOSYS
RAMCO SYSTEM: SOUTH KOREA’S FLAG CARRIER AND LARGEST AIRLINE, KOREAN AIR SELECTS RAMCO AVIATION SIGNS MULTI-MILLION-DOLLAR DEAL TO ACCELERATE TECH TRANSFORMATION OF ITS NEW ENGINE MAINTENANCE COMPLEX – ASIAS LARGEST ENGINE MRO FACILITY
AURIONPRO SOLUTIONS: CO RAISED FUNDS VIA QIP THROUGH ALLOCATION OF 18,88,665 EQUITY SHARES AT AN ISSUE PRICE OF 2,000 RUPEES
SONATA SOFTWARE: Rs 22.99cr NSE Block Trade; for ~304509 shares, at Rs 755
WIPRO: BOARD MEETING ON APRIL 19 TO CONSIDER Q4 RESULTS
LTIMINDTREE: CO TO CONSIDER Q4 RESULTS ON APRIL 24
MPHASIS: CO SIGNS STRATEGIC COLLABORATION AGREEMENT WITH AWS TO LAUNCH GEN AI FOUNTRY FOR FINANCIAL SERVICES
SUBEX: CO SAYS THE SURVEY GARNERED INPUTS FROM MORE THAN 200 INDUSTRY PROFESSIONALS ACROSS 150 TELCOS WORLDWIDE, WITH 82% BEING KEY DECISION-MAKERS
SUBEX: CO, A LEADING TELECOM AI CO THAT ENABLES CONNECTED EXPERIENCES, TODAY UNVEILED THE FIRST EVER BUSINESS ASSURANCE GLOBAL BENCHMARKING SURVEY
WIPRO: CO UNIT TO ACQUIRE FULL OWNERSHIP OF WOMENS BUSINESS PARK TECHNOLOGIES LIMITED
LTIMINDTREE: CO PARTNERS WITH AFORZA TO SETUP TRAINING ACADEMY -- TO DELIVER DIGITAL TRANSFORMATION IN CRM & TPM ACROSS CONSUMER PRODUCTS INDUSTRY, GLOBALLY
INFOSYS: ZAND BANK SUBSCRIBES TO CO FINACLE’S CORPORATE BANKING SUITE ON MICROSOFT CLOUD TO DELIVER NEW-AGE BANKING EXPERIENCES
HCL TECH: CO TO ENABLE 25,000 ENGINEERS ON GEMINI FOR GOOGLE CLOUD TO HELP MUTUAL CLIENTS INNOVATE AND OPTIMIZE THEIR BUSINESSES WITH GENAI
HCL TECH: CO LAUNCHES STRATEGIC INITIATIVE WITH GOOGLE CLOUD TO SCALE GEMINI TO GLOBAL ENTERPRISES
WIPRO: BOARD MEETING ON APRIL 19 TO CONSIDER Q4 RESULTS
QUICK HEAL TECHNOLOGIES: CO UNIT SEQRITE PARTNERS WITH M. TECH SOLUTIONS TO EMPOWER INDIAN ENTERPRISES AND GOVERNMENT ENTITIES WITH ADVANCED CYBERSECURITY -- M. TECH SOLUTIONS WILL LEVERAGE ITS EXTENSIVE NETWORK AND EXPERTISE TO EXPAND THE REACH OF SEQRITES COMPREHENSIVE SECURITY SUITE
HCL TECHNOLOGIES: CO SAYS PROCEEDS RECEIVED BY HCL UK, FOR DIVESTMENT OF THE JV, TERMINATION OF AGREEMENT FOR RELATED SERVICES AND SETTLEMENT OF CERTAIN CONTRACTUAL COMMITMENTS, IS USD 172.50M -- TRANSACTION HAS BEEN COMPLETED EFFECTIVE APRIL 1
HCL TECHNOLOGIES: CO SAYS PURSUANT TO WHICH CO UNIT HCL UK WOULD DIVEST ITS ENTIRE 49% EQUITY STAKE IN THE JV PURSUANT TO THE CALL OPTION EXERCISED BY STATE STREET IN ACCORDANCE WITH THE AGREEMENT THAT WAS ENTERED INTO BETWEEN THE PARTIES AT THE TIME OF THE FORMATION OF THE JV
HCL TECHNOLOGIES: CO UNIT HCL INVESTMENTS UK (HCL UK) HAS ENTERED INTO A MOU WITH ITS JV PARTNER, STATE STREET INTERNATIONAL HOLDINGS, A US CORPORATION
C.E INFO SYSTEMS: Rs 25.13cr NSE Block Trade; for ~132094 shares, at Rs 1902.5
RATEGAIN TRAVEL TECH: CO IS NOW AVAILABLE ON ORACLE CLOUD MARKETPLACE
GENESYS INTERNATIONAL: CO WINS ORDER WORTH 35 CR RUPEES
DATAMATICS: CO SAYS DUE TO NON-COMPLIANCE OF PAYMENT TERMS BY THE US BASED CO, CO HAS NOW ELECTED TO TERMINATE THE CONTRACT
DATAMATICS GLOBAL: CO HAS APPROVED TO ENTER INTO THE SHARE PURCHASE AGREEMENT, TO ACQUIRE 100% OF THE SHAREHOLDING OF DEXTARA DIGITAL PRIVATE LTD
RATEGAIN TRAVEL: RS 182.98CR NSE BLOCK TRADE; FOR ~2538965 SHARES, AT RS 720.7
RATEGAIN: COS ADARA TO HELP DMOS TRACK ROI ACCURATELY WITH THE HELP OF VISITOR SPENDING DATA
LATENT VIEW ANALYTICS: CO SAYS CONSIDERATION FOR ACQUIRING 70% STAKE IS $39.1M
LATENT VIEW ANALYTICS: CO APPROVED STRATEGIC INVESTMENT TO ACQUIRE UP TO 100% SHARE CAPITAL OF DECISION POINT
KPIT TECH: Rs 14.92cr NSE Block Trade; for ~100742 shares, at Rs 1481
AXISCADES TECH: CO APPROVED A PROPOSAL OF THE SALE OF OFFICE PROPERTY IN UTTAR PRADESH -- DISPOSAL OF THE BUILDING IS EXPECTED TO RESULT IN SAVINGS IN OPERATIONAL AND FINANCE COSTS
ZAGGLE PREPAID OCEAN SERVICES: CO APPROVED ACQUISITION OF 45% STAKE IN SPAN ACROSS IT SOLUTIONS -- BOUGHT SPAN ACROSS IT SOLUTIONS SHARES AT 275 RUPEES PER SHR
TATA ELXSI: OFFSHORE DEVELOPMENT CENTER WILL FOCUS ON DEVELOPING INNOVATIVE CRITICAL CARE MEDICAL DEVICES FOR BOTH LOCAL, INTERNATIONAL MARKETS
TATA ELXSI: CO AND DRÄGER ESTABLISH AN INNOVATIVE PARTNERSHIP TO DRIVE CRITICAL CARE INNOVATION IN INDIA -- DRÄGER IS ESTABLISHING A NEW OFFSHORE DEVELOPMENT CENTER AT TATA ELXSIS FACILITY IN PUNE
HCL TECH: HCLSOFTWARE AND ATLAS CLOUD SERVICES TEAM UP TO STREAMLINE DIGITAL TRANSITIONS FOR BUSINESSES IN MOROCCO - RTRS
CYIENT: CO CEO SAYS THIS PARTNERSHIP UNDERSCORES COS COMMITMENT TO DELIVERING INNOVATIVE ENGINEERING SOLUTIONS IN THE AEROSPACE SECTOR
CYIENT: CO PARTNERS WITH DEUTSCHE AIRCRAFT FOR THE DESIGN OF REAR FUSELAGE SECTION OF THE D328ECOTM
INFOSYS: CO AND HANDELSBLATT MEDIA GROUP ANNOUNCE STRATEGIC COLLABORATION
ZAGGLE PREPAID OCEAN SERVICES: CO HAS ENTERED INTO AN AGREEMENT WITH RIYA TRAVEL & TOURS (INDIA) PRIVATE LTD.
HCL TECH: ORIOLA PARTNERS WITH CO. TO ENHANCE CUSTOMER EXPERIENCE THROUGH DIGITAL TRANSFORMATION
TECH MAHINDRA: Rs 16.8cr NSE Block Trade; for ~133832 shares, at Rs 1255.4
MPHASIS: Rs 24.17cr NSE Block Trade; for ~101739 shares, at Rs 2375.45
RATEGAIN: SUMMERWIND GSA SELECTS CO TO HELP OVER 20+ INTERNATIONAL CARRIERS WITH ACTIONABLE INSIGHTS
TECH MAHINDRA: COS UNIT BORN GROUP, INC. AND TECH MAHINDRA (AMERICAS) INC. APPROVE MERGER PLAN -- CO SAYS APPOINTED DATE OF PLAN OF MERGER IS APRIL 1, 2024, AIMED AT OPTIMIZING OPERATIONS AND ENHANCING SYNERGY
HCL TECH: CO. BOOSTS AI, ML OFFERINGS WITH NEW MICROSOFT AZURE SPECIALIZATIONS
INFOSYS: RS 831.05CR BSE BLOCK TRADE; FOR ~5500001 SHARES, AT RS 1511
SONATA SOFTWARE: Rs 14.95cr NSE Block Trade; for ~200432 shares, at Rs 746
PERSISTENT SYSTEMS: Rs 16.15cr NSE Block Trade; for ~20122 shares, at Rs 8025
HCL TECH: GOVERNMENT LIKELY TO REVIEW LAPTOP IMPORT MANAGEMENT SYSTEM IN SEPTEMBER- ET
WIPRO: CO UNIT WIPRO IT SERVICES LLC HAS ENTERED INTO AN AGREEMENT WITH GENERAL MOTORS AND MAGNA INTERNATIONAL, TO INCORPORATE A NEW ENTITY I.E., SDVERSE LLC
TCS: CO SIGNS 7-YEAR DEAL TO TRANSFORM GLOBAL IT INFRASTRUCTURE FOR RAMBOLL
ZAGGLE PREPAID: CO HAS ENTERED INTO AN AGREEMENT WITH EXPLEO SOLUTIONS
DATAMATICS GLOBAL: CO UNVEILS TRUCAP+ GENAI PRICING AND POWERFUL CAPABILITIES
INFOSYS: Rs 70.77cr NSE Block Trade; for ~454503 shares, at Rs 1557
CYIENT: Rs 35.09cr NSE Block Trade; for ~175012 shares, at Rs 2005
SONATA SOFTWARE: Rs 13.16cr NSE Block Trade; for ~179716 shares, at Rs 732.1
SASKEN TECHNOLOGIES: CO INVESTING IN ANUPS SILICON SERVICES TO ACQUIRE 60% STAKE FOR 332M RUPEES
CYIENT: CO APPLICATION HAS BEEN FILED BY INFOTECH HAL, A JV, INITIATING CORPORATE INSOLVENCY RESOLUTION PROCESS
WIPRO: CO APPOINTS ANNE-MARIE ROWLAND AS CEO OF CAPCO -- LANCE LEVY ASSUMES A STRATEGIC ADVISOR ROLE TO CONTINUE TO SUPPORT CAPCO AND WIPRO’S OVERALL CONSULTING STRATEGY
L&T TECHNOLOGY: CO ACCELERATES GENERATIVE AI ADOPTION - 1,000 CO ENGINEERS TO HONE THEIR SKILLS IN GEN AI OVER THE NEXT 3 YEARS THROUGH TRAINING ON NVIDIA TECHNOLOGIES
PERSISTENT SYSTEMS: CO EXECUTES AGREEMENT FOR TRANSFER OF STAKE OF STEP-DOWN UNIT PERSISTENT SYSTEMS U.K -- ARM AEPONA GROUP TO TRANSFER 100% STAKE IN STEP-DOWN UNIT TO CO
R SYSTEMS INTERNATIONAL: CO HAS DECLARED INTERIM DIVIDEND OF 6 RUPEES PER SHARE
TCS: CO SAYS CENTRAL BANK IN US SELECTS TCS BANCS TO MODERNIZE ITS CORE TECHNOLOGY -- THE LEADING MIDWEST REGIONAL BANK TAPS TATA CONSULTANCY SERVICES’ NEXT-GENERATION BANKING SOFTWARE TO SIMPLIFY THE TECHNOLOGY LANDSCAPE, SPARK ORGANIC GROWTH AND ACCELERATE CLIENT ONBOARDING
HCL TECH: CO AND CAST EXPAND PARTNERSHIP FOR CUSTOM CHIPS
TCS: RS 201.79CR BSE BLOCK TRADE; FOR ~500714 SHARES, AT RS 4030.05
TCS: RS 6961.53CR BSE/NSE BLOCK TRADE; FOR ~17252854 SHARES, AT RS 4035 (MULTIPLE BLOCKS AVG PRICE)
TCS: Rs 53.27cr NSE Block Trade; for ~131479 shares, at Rs 4051.25 (PRE-OPEN BLOCK)
SONATA SOFTWARE: ZONES LLC AND CO SIGN GO-TO-MARKET PARTNERSHIP TO SIMPLIFY ENTERPRISE APPLICATION DELIVERY THROUGH END-TO-END CLOUD MANAGED SERVICES
TCS: TATA SONS TO SELL 23.4M SHARES OF TCS AT 4,001 RUPEES PER SHARE - ET NOW
L&T TECH: CO SECURES USD 100M CYBERSECURITY PROGRAM WITH MAHARASHTRA STATE CYBER DEPARTMENT
WIPRO: CO ENTERS INTO AGREEMENT WITH DESJARDINS TO MODERNIZE CONSUMER BANKING SERVICES USING ITS NETOXYGEN PLATFORM -- THE SOLUTION WILL IMPROVE DESJARDINS’ CONSUMER LENDING AND CREDIT CARD BUSINESS
GENESYS INTERNATIONAL: CO SECURED A MEGA- CONTRACT WORTH RUPEES 155.85 CR WITH BMC TO DEVELOP MUMBAIS 3D CITY MODEL AND MAP STACK
TCS: NUUDAY SIGNS MAJOR CLOUD TRANSFORMATION DEAL WITH CO
COFORGE: BOARD MEETIUNG ON MARCH 16 TO CONSIDER AND APPROVE PROPOSAL FOR RAISING OF FUNDS
KSOLVES INDIA: CO APPROVED 3RD INTERIM DIVIDEND OF 5 RUPEES PER SHARE.
CYIENT: CO COLLABORATES WITH AIRBUS FOR CABIN ENGINEERING SERVICES TO SUPPORT FUTURE CONNECTED CABINS -- CO SIGNED A MULTIYEAR SERVICES AGREEMENT WITH AIRBUS
TCS: SYMPHONYAI AND TCS FORM STRATEGIC PARTNERSHIP TO CREATE PREDICTIVE AND GENERATIVE AI BUSINESS APPLICATIONS
VAKRANGEE: RBI RENEWS AUTHORIZATION ISSUED TO VAKRANGEE FOR WHITE LABEL ATMS -- VALIDITY HAS BEEN EXTENDED TILL MARCH 31, 2025
AURIONPRO SOLUTIONS: CO SAYS SBI SELECTS ICASHPRO - COS NEXT-GEN CASH MANAGEMENT SOLUTION
WIPRO: CO EXPANDS PARTNERSHIP WITH NUTANIX TO LAUNCH A NEW NUTANIX BUSINESS UNIT -- THE NEW BUSINESS UNIT WILL EMPOWER MUTUAL CLIENTS TO ACCELERATE DIGITAL TRANSFORMATION, AND HYBRID MULTICLOUD INNOVATION
KPIT TECH: Rs 21.91cr NSE Block Trade; for ~147808 shares, at Rs 1482.05
LTIMINDTREE: CO FILES PLEA IN KARNATAKA HIGH COURT AGAINST GST CLAIM OF RS 726.9 CRORE
SONATA SOFTWARE: CO SUPERCHARGES HARMONI.AI WITH MICROSOFT AZURE AI TO DRIVE RESPONSIBLE-FIRST AI ADOPTION ACROSS ENTERPRISES -- SONATA HARMONI.AI, INTEGRATING MICROSOFT AZURE AI SERVICES, WILL HELP CUSTOMER REIMAGINE BUSINESS WITH GENERATIVE AI, DIFFERENTIATING THEMSELVES IN THE MARKETPLACE
COFORGE: CO SAYS SOPHISTICATED PLATFORM REVOLUTIONIZES CUSTOMER ENGAGEMENT WITH ADVANCED OUTBOUND AND INBOUND CALL AUTOMATION, SURPASSING TRADITIONAL METHODS
COFORGE: CO LAUNCHES ORION- A GEN AI-BASED AUTONOMOUS SELF-SERVICE SOLUTION TO ENHANCE CUSTOMER EXPERIENCE ACROSS MULTIPLE INDUSTRIES
PERSISTENT SYSTEMS: CO ACCELERATES DIGITAL ENGINEERING WITH AI-POWERED SASVATM PLATFORM
HCL TECH: CO AND SERVICENOW PARTNER TO DELIVER GEN AI-LED SOLUTIONS
SONATA SOFTWARE LTD: Rs. 17.47 Crores NSE Block Trade; for ~ 218332 Shares, at Rs. 800.10
CYIENT: CO’S INTER-OPERABLE STANDARDS-BASED AUTOMOTIVE OTA TECHNOLOGY TO BECOME A NECESSITY FOR SDV PLATFORMS AND REDUCE TIME-TO-MARKET FOR NEW VEHICLE LAUNCH
CYIENT: ESYNC TECHNOLOGY BRINGS CYIENT INTO THE ALLIANCE; CYIENT JOINS A RAPIDLY EXPANDING NETWORK OF BUSINESSES AS AN ESYNC ALLIANCE MEMBER -- LEADER IN AUTOMOTIVE SEMICONDUCTORS AND SOFTWARE DESIGN SYSTEMS DELIVERS INDUSTRY-COMPLIANT SOLUTIONS TO OEMS AND THE AUTOMOTIVE SUPPLY CHAIN
INFOSYS: CO AND ATP RENEW PARTNERSHIP UNTIL 2026, TO DRIVE AI-FIRST INNOVATIONS IN PROFESSIONAL TENNIS
SUBEX: CO WINS A DEAL OF ORDER APPROX $2.2M OVER A PERIOD OF 5 YEARS WITH A LEADING TELECOM OPERATOR IN SOUTHEAST ASIA -- DEAL INVOLVES DEPLOYMENT OF SUBEXS BUSINESS ASSURANCE AND FRAUD MANAGEMENT SOLUTIONS ON HYPERSENSE
HCL TECH: RS 123.94CR BSE BLOCK TRADE; FOR ~765229 SHARES, AT RS 1619.65 (PRE-OPEN BLOCK)
LTIMINDTREE: CO TO INVEST USD 12.3M INITIALLY IN JV WITH ARAMCO UNIT
SONATA SOFTWARE: CO TO OPEN DELIVERY CENTRE IN POLAND TO ADDRESS THE GROWING DEMANDS FROM ITS GLOBAL CLIENTS
WIPRO: GENERAL MOTORS, MAGNA, AND WIPRO TEAM UP TO DEVELOP AUTOMOTIVE SOFTWARE MARKETPLACE- SDVERSE -- PRASHANT GULATI HAS BEEN NAMED CEO OF NEW SDVERSE ORGANIZATION EFFECTIVE MARCH 5TH, 2024
WIPRO: CO SAYS INVESTMENT INTO SDVERSE AT $5.85M -- TRANSACTION IN ALIGNMENT WITH WIPRO’S FOCUS ON EMBEDDED SOFTWARE FOR AUTOMOTIVE SECTOR
COFORGE: CO ANNOUNCING ITS MULTI-YEAR STRATEGIC PARTNERSHIP WITH CARNIVAL UK ( PARENT CO OF P&O CRUISES AND CUNARD )
COFORGE: P&O CRUISES AND CUNARD PARTNER WITH CO FOR PRECISION QUALITY ENGINEERING & TESTING
CONTROL PRINT: CO UNIT ESTABLISHES CP ITALY S.R.L. WITH EURO 10,000 CORPORATE CAPITAL FOR INNOVATIVE PRODUCT DEVELOPMENT AND PACKAGING OPERATIONS
TANLA PLATFORMS: TANLA LAUNCHES MESSAGING-AS-A- PLATFORM FOR TELCOS; LAUNCH TO SUPPORT GOOGLE RICH BUSINESS MESSAGING -- CO SIGNED PACT WITH VODAFONE IDEA BUSINESS SERVICES TO DEPLOY MAAP PLATFORM IN INDIA
LTIMINDTREE: FOSFOR, A PRODUCT DIVISION OF CO, ANNOUNCED LAUNCH OF FOSFOR DECISION CLOUD TO AMPLIFY BUSINESS OUTCOMES WITH AI
CYIENT: CO PARTNERS WITH MASSMEDIC TO ACCELERATE MEDTECH INNOVATION
INFOSYS: PROG HOLDINGS AND CO FORGE STRATEGIC COLLABORATION TO BRING AI-POWERED EXPERIENCES TO CUSTOMERS AND INTELLIGENT AUTOMATION TO OPERATIONS
TANLA PLATFORMS: CO HAS SIGNED A DEFINITIVE MOU WITH VODAFONE IDEA BUSINESS SERVICES LTD TO DEPLOY MESSAGING AS A PLATFORM (MAAP) PLATFORM IN INDIA
ZAGGLE PREPAID: CO TO PROVIDE EUROP ASSISTANCE A BENEFITS & EXPENSE MANAGEMENT PLATFORM, A BUSINESS SPENDS MANAGEMENT PLATFORM
ZAGGLE PREPAID: CO HAS ENTERED INTO AN AGREEMENT WITH EUROP ASSISTANCE INDIA PVT. LTD.
COFORGE: Rs 65.5cr BSE Block Trade; for ~100006 shares, at Rs 6550
HCL TECHNOLOGIES: HCLTECH LAUNCHES FLEXSPACE 5G TO REDEFINE DIGITAL WORKPLACE -- PARTNERS WITH VERIZON BUSINESS TO PROVIDE AN EFFICIENT AND SECURE WORKPLACE EXPERIENCE
TATA ELXSI: GOVT APPROVES TATA - PSMC CHIP FABRICATION PLANT
TATA ELXSI: GOVT APPROVES TATA GROUPS SEMICONDUCTOR FAB PLANT
TATA ELXSI : CABINET HAS APPROVED TATAS SEMICONDUCTOR PACKAGING PLANT IN ASSAM
TATA ELXSI: TAIWANESE PSMC TO PARTNER WITH TATA FOR THIS SEMICONDUCTOR
HAPPIEST MINDS: CO PARTNERS WITH SECUREWORKS TO DELIVER NEXT-GEN XDR SERVICES
MPHASIS: CO LAUNCHES DEEPINSIGHTS DOC AI, A GENERATIVE AI POWERED COGNITIVE INTELLIGENCE PLATFORM
WIPRO: CO COMPLETES MAJOR CLOUD TRANSFORMATION FOR MANPOWERGROUP
WIPRO: CO COMPLETES MAJOR CLOUD TRANSFORMATION FOR MANPOWERGROUP -- CO ANNOUNCED THAT IT HAS COMPLETED THE MIGRATION OF MANPOWERGROUPS LARGEST DATA CENTRE IN EUROPE TO MICROSOFT AZURE
LTIMINDTREE: CO JOINS FORCES WITH IBM TO ADVANCE QUANTUM INNOVATION ECOSYSTEM
INTELLECT DESIGN: CO EXEC SAYS MARGINS WILL IMPROVE BY 200 - 300 BPS FROM 21% CURRENTLY - CNBC TV18
INTELLECT DESIGN: CO SAYS INTELLECTAI INTRODUCES GROUNDBREAKING TECHNOLOGY TO PROCESS LOSS RUNS IN AN INSTANT - WITH GREATER THAN 95% ACCURACY AND NO TOUCH
RAMCO SYSTEMS: CO SAYS HAS INTERNATIONAL SDN. BHD. GOES LIVE WITH RAMCO AVIATION
RATEGAIN TRAVEL: FLYR PARTNERS WITH CO TO OFFER HOTELIERS WITH A HOLISTIC SOLUTION FOR AI‐DRIVEN RATE OPTIMIZATION ACROSS DISTRIBUTION CHANNELS
TATA ELXSI: CO AND TELEFÓNICA COLLABORATE TO ACHIEVE TRUE CLOUD-NATIVE INFRASTRUCTURE MANAGEMENT, REVOLUTIONISING TELECOMMUNICATIONS LANDSCAPE
TANLA PLATFORMS: CO AND TRUECALLER EXTEND EXCLUSIVE PARTNERSHIP TO DELIVER CUSTOMIZED SOLUTIONS TO ENTERPRISES
CONTROL PRINT: CO FURTHER INVESTED EURO 1M IN UNIT CONTROL PRINT B.V
PERSISTENT SYSTEMS: CO SAYS PERSISTENT SYSTEMS S.R.L, ITALY (STEP DOWN SUBSIDIARY) HAS BEEN DISSOLVED AND STRUCK OFF FROM THE BUSINESS REGISTER WITH EFFECT FROM FEB 26, 2024, PURSUANT TO THE REPORT ISSUED BY THE CHAMBER OF COMMERCE OF MILANO MONZA BRIANZA LODI
INFOSYS: INFOSYS TOPAZ UNVEILS RESPONSIBLE AI SUITE OF OFFERINGS, TO HELP ENTERPRISES NAVIGATE THE REGULATORY AND ETHICAL COMPLEXITIES OF AI-POWERED TRANSFORMATION
HAPPIEST MINDS: CO EXEC FORESEES IMMENSE POTENTIAL IN NEW STRUCTURE, ANTICIPATES GLOBAL MARKET COMPETITIVENESS, AND AIMS FOR USD 1B REVENUES BY 2031
HAPPIEST MINDS: CO ANNOUNCES NEW VERTICALIZATION ORG STRUCTURE -- CO SAYS NEW VERTICAL ORGANIZATION STRUCTURE COMPRISING SIX NEW INDUSTRY GROUPS
TANLA PLATFORMS: CO SAYS ANNOUNCE THE LAUNCH OF ITS NEW PRODUCT TRUBLOQ.AI -- CO SAYS LEVERAGING GENERATIVE AI TO ELEVATE THE TRUSTED TRUBLOQ EXPERIENCE; TRUBLOQ.AI HELPS ENTERPRISES, TELCOS, REGULATORS, AND USERS IN MULTIPLE WAYS
WIPRO: CO AND NOKIA LAUNCH JOINT 5G PRIVATE WIRELESS SOLUTION TO SPEED UP ENTERPRISE DIGITAL TRANSFORMATION
GENESYS INTERNATIONAL: CO SAYS PM MODI COMMISSIONS GENESYS DIGITAL TWIN MAP STACK IN VARANASI
INTELLECT DESIGN: CO INFORMS DEAL WIN - IGTBS CORPORATE TREASURY EXCHANGE (CTX) PLATFORM SUCCESSFULLY DEPLOYED BY A LEADING EUROPEAN BANK IN FRANCE
R SYSTEMS: CO & IIT DELHI PARTNER TO SET UP A CENTRE OF EXCELLENCE ON APPLIED AI FOR SUSTAINABLE SYSTEMS
INTELLECT DESIGN: CO ANNOUNCES THE LAUNCH OF ITS ‘FIRST PRINCIPLES’ TECHNOLOGY SUITE, EMACH.AI, FOR TECHNOLOGY-SUAVE BANKERS IN THE MIDDLE EAST AND AFRICA
INFOSYS LTD: RS. 96.48 CRORES NSE BLOCK TRADE; FOR ~ 573016 SHARES, AT RS. 1683.80
L&T TECH: AT&T AND CO COLLABORATE TO ACCELERATE SOLUTIONS TO ADDRESS CLIMATE CHANGE - RTRS
TATA CONSULTANCY SERVICES: RS. 182.26 CR NSE BLOCK TRADE; FOR ~ 444030 SHARES, AT RS. 4104.65
HCL TECHNOLOGIES: HCLTECH, INTEL FOUNDRY EXPAND COLLABORATION FOR GLOBAL SEMICONDUCTOR INNOVATION -- COLLABORATION AIMS TO MEET INCREASING GLOBAL DEMAND FOR SEMICONDUCTOR MANUFACTURING
TATA ELXSI: CO ANNOUNCES STRATEGIC PARTNERSHIP WITH ACCUKNOX FOR 5G MANAGED SECURITY SERVICES FOR OPERATORS
RATEGAIN TRAVEL TECH: CO LAUNCHES NAVIGATOR TO MEET THE EVOLVING NEEDS OF COMMERCIAL TEAMS WITH ACTIONABLE INSIGHTS
INFOSYS: DOW JONES AND INFOSYS INTRODUCE UPGRADED PREFERENCE CENTER FOR WALL STREET JOURNAL SUBSCRIBERS -- DOW JONES AND INFOSYS ANNOUNCED THE ROLLOUT OF A NEW AND ENHANCED WSJ PREFERENCE CENTER FEATURING UPDATED CONTROLS TO HELP SUBSCRIBERS CUSTOMIZE THEIR DIGITAL EXPERIENCE
63 MOONS TECHNOLOGIES: CO IS OFFERING A PAN-INDIA FRANCHISE NETWORK TO CAPITALISE THE DIGITAL ECONOMY WAVE THAT IS SET TO BECOME BIGGER THAN THE PHYSICAL ECONOMY -- CO SAYS VALUE OF INDIAN CYBERSECURITY MARKET IS LIKELY TO HIT RS 1 LAKH CRORE BY 2029
63 MOONS TECHNOLOGIES: CO LAUNCHED COMPREHENSIVE MOBILE SECURITY SOLUTION FOR 80 CRORE MOBILE PHONE MARKET THROUGH CYBX -- CO SAYS VITAL DEFENCE AGAINST DIGITAL ATTACKS TO PROTECT CRITICAL PUBLIC INFRASTRUCTURE NETWORK THROUGH CYBERDOME
LTIMINDTREE: CO AND EUROLIFE FFH SIGN MOU TO SETUP GEN AI AND DIGITAL HUBS IN EUROPE AND INDIA (CORRECTION)
LTIMINDTREE: CO SAYS THE MULTI-MILLION-DOLLAR PARTNERSHIP WILL ENABLE WIDESPREAD ADOPTION OF AI AND DIGITAL SOLUTIONS ACROSS INSURANCE, BANKING, SHIPPING, AND MANUFACTURING INDUSTRIES
LTIMINDTREE: CO AND EUROLIFE FFH SIGN MOU TO SETUP GEN AL AND DIGITAL HUBS IN EUROPE AND INDIA
ZAGGLE PREPAID OCEAN: CO HAS ENTERED INTO AN AGREEMENT WITH WIPRO LIMITED
ZAGGLE PREPAID OCEAN: CO WOULD PROVIDE ARCADIS A BENEFITS & EXPENSE MANAGEMENT PLATFORM
ZAGGLE PREPAID OCEAN: CO HAS ENTERED INTO AN AGREEMENT WITH ARCADIS CONSULTING INDIA PVT LTD
ZAGGLE PREPAID: CO EXEC SAYS CO TARGETTING 40 - 50% (YOY) GROWTH IN FY24 - ET NOW
QUICK HEAL TECHNOLOGIES: CO WILL BE MEETING INVESTOR/ANALYST ON FEB 23
WIPRO: IBM AND WIPRO WILL ESTABLISH A CENTRALIZED TECH HUB TO SUPPORT JOINT CLIENTS IN THEIR AI PURSUITS
WIPRO: CO AND IBM EXPAND PARTNERSHIP TO OFFER NEW AI SERVICES AND SUPPORT TO CLIENTS -- THIS NEW SERVICE ENHANCES OPERATIONS WITH A SUITE OF CAPABILITIES SPANNING ACROSS TOOLS, LLMS, STREAMLINED PROCESSES, AND ROBUST GOVERNANCE, AND LAYS THE FOUNDATION FOR FUTURE INDUSTRY ANALYTIC SOLUTIONS TO BE BUILT ON WATSONX.DATA AND AI
ZAGGLE PREPAID OCEAN: CO HAS ENTERED INTO AN AGREEMENT WITH BENNETT, COLEMAN & CO. LTD
ZAGGLE PREPAID OCEAN: CO & EASEMYTRIP WILL OFFER TRAVEL, EXPENSE MANAGEMENT SOLUTIONS TO CORPORATE CLIENTS
ZAGGLE PREPAID OCEAN: CO HAS ENTERED INTO AN AGREEMENT WITH EASEMYTRIP
DATAMATICS GLOBAL: CO CLINCHES FINTECH INDIA INNOVATION AWARDS 2024 FOR ITS AUTOMATIC FARE COLLECTION SOLUTION FOR URBAN MOBILITY.
AURIONPRO SOLUTIONS: CO ANNOUNCES SIGNIFICANT NEW WINS FOR THE RECENTLY ACQUIRED CUSTOMER COMMUNICATION BUSINESS -- CO SECURES ORDERS FROM TWO LEADING PRIVATE BANKS IN INDIA
RATEGAIN TRAVEL: EXPEDIA RECOGNIZES CO AS AN ELITE CONNECTIVITY PARTNER FOR 2024
ZAGGLE PREPAID OCEAN SERVICES: CO ENTERED INTO AN AGREEMENT WITH QUESS CORP -- CO GETS ORDER WORTH 100M RUPEES
WIPRO: CO AND WIPRO IT SERVICES, LLC ACQUIRED 60% STAKE IN AGGNE GLOBAL IT SERVICES AND AGGNE GLOBAL
R SYSTEMS: Q3 EBIT 459M RUPEES VS 651M (QOQ) -- Q3 EBIT MARGIN 11.03% VS 14.22% (QOQ)
R SYSTEMS: Q3 REVENUE 4.16B RUPEES VS 4.6B (QOQ)
R SYSTEMS: Q3 CONS NET PROFIT 459M RUPEES VS 440M (QOQ)
R SYSTEMS: Q3 REVENUE 4.16B RUPEES VS 4B (YOY)
R SYSTEMS: Q3 EBITDA 628M RUPEES VS 573M (YOY) -- Q3 EBITDA MARGIN 15.09% VS 14.34% (YOY)
R SYSTEMS: Q3 NET PROFIT 459M RUPEES VS 414M (YOY)
GENESYS INTERNATIONAL: Q3 EBITDA 403M RUPEES VS 193M (YOY) -- Q3 EBITDA MARGIN 67.93% VS 35.56% (YOY)
GENESYS INTERNATIONAL: Q3 CONS NET PROFIT 158M RUPEES VS PROFIT 79M (YOY); LOSS 33M (QOQ) -- Q3 REVENUE 593M RUPEES VS 544M (YOY); 332M (QOQ)
AXISCADES TECH: Q3 CONS NET PROFIT 74M RUPEES VS LOSS 102M (YOY); PROFIT 111M (QOQ) -- Q3 REVENUE 2.3B RUPEES VS 2.13B (YOY); 2.5B (QOQ)
TATA ELXSI: CO UNVEILS NEW GLOBAL DESIGN AND ENGINEERING CENTER IN PUNE TO SPEARHEAD INNOVATIONS IN NEXT-GEN AUTOMOTIVE TECHNOLOGIES
ZAGGLE PREPAID OCEAN SERVICES: ZAGGLE AND AXIS BANK REWIRE CORPORATE FINANCE WITH INNOVATIVE PARTNERSHIP
XCHANGING SOLUTIONS: CO DECLARED 2ND INTERIM DIVIDEND OF 15 RUPEES
XCHANGING SOLUTIONS: Q3 EBITDA 113M RUPEES VS 80M (YOY) -- Q3 EBITDA MARGIN 26.62% VS 19.44% (YOY)
XCHANGING SOLUTIONS: Q3 CONS NET LOSS 35M RUPEES VS PROFIT 69M (YOY); PROFIT 138M (QOQ) -- Q3 REVENUE 425M RUPEES VS 414M (YOY); 433M (QOQ)
KELLTON TECH SOLUTIONS: Q3 EBITDA 184M RUPEES VS 255M (YOY) -- Q3 EBITDA MARGIN 7.50% VS 11.04% (YOY)
KELLTON TECH SOLUTIONS: Q3 CONS NET PROFIT 81M RUPEES VS 166M (YOY); 165M (QOQ) -- Q3 REVENUE 2.45B RUPEES VS 2.31B (YOY); 2.4B (QOQ)
WIPRO: CO UNITS WIPRO AMPION PTY LTD, WIPRO IRIS HOLDCO PTY LTD AND WIPRO IRIS BIDCO PTY LTD, STEPDOWN SUBSIDIARIES OF CO, HAVE BEEN VOLUNTARILY DE-REGISTERED WITH EFFECT FROM FEBRUARY 1, 2024
WIPRO: CO TO ACQUIRE 60% STAKE IN AGGNE GLOBAL FOR $66M TO STRENGTHEN CONSULTING, SERVICES CAPABILITIES IN INSURANCE SECTOR
WIPRO: CO INVESTS IN AGGNE TO STRENGTHEN CONSULTING & SERVICES CAPABILITIES IN THE INSURANCE SECTOR -- CO SAYS WITH THIS INVESTMENT WIPRO BECOMES A MAJORITY SHAREHOLDER IN AGGNE
AURIONPRO SOLUTIONS: CO SEEKS TO RAISE UP TO 2B RUPEES VIA ISSUE OF 9.02 LAKH SHARES AT 2,215 RUPEES/SHARE VIA PREFERENTIAL ALLOTMENT
NUCLEUS SOFTWARE EXPORTS: Q3 EBITDA 476M RUPEES VS 429M (YOY) -- Q3 EBITDA MARGIN 23.34% VS 25.36% (YOY)
NUCLEUS SOFTWARE EXPORTS: Q3 CONS NET PROFIT 413M RUPEES VS 383M (YOY); 446M (QOQ) -- Q3 REVENUE 2.04B RUPEES VS 1.69B (YOY); 2.05B (QOQ)
63 MOONS TECH: Q3 EBITDA 654M RUPEES VS 148M (YOY) -- Q3 EBITDA MARGIN 40.69% VS 15.92% (YOY)
63 MOONS TECH: Q3 CONS NET PROFIT 902M RUPEES VS 220M (YOY); 799M (QOQ) -- Q3 REVENUE 1.6B RUPEES VS 931M (YOY); 1.59B (QOQ)
ORACLE FINANCIAL SERVICES: Rs. 15.52 Crores NSE Block Trade; for ~ 21000 Shares, at Rs. 7390.00
TVS ELECTRONICS: Q3 EBITDA 5M RUPEES VS 42M (YOY) -- Q3 EBITDA MARGIN 0.59% VS 4.76% (YOY)
TVS ELECTRONICS: Q3 NET LOSS 17M RUPEES VS 14M PROFIT (YOY) -- Q3 REVENUE 869M RUPEES VS 886M (YOY)
ZAGGLE PREPAID OCEAN SERVICES: CO ENTERED INTO AN AGREEMENT WITH LIFESTYLE INTERNATIONAL -- CO GETS ORDER WORTH 70M RUPEES
DATAMATICS GLOBAL SERVICES: Q3 EBITDA 526M RUPEES VS 589M (YOY) -- Q3 EBITDA MARGIN 14.25% VS 15.82% (YOY)
DATAMATICS GLOBAL SERVICES: Q3 CONS NET PROFIT 410M RUPEES VS 459M (YOY) -- Q3 REVENUE 3.69B RUPEES VS 3.7B (YOY)
PERSISTENT: CO LAUNCHES POPULATION HEALTH MANAGEMENT SOLUTION USING MICROSOFT AZURE OPENAI SERVICE
EXPLEO SOLUTIONS: CO APPROVED PROPOSAL OF INVESTING AED 150,000 IN EXPLEO SOLUTIONS LLC, DUBAI -- CO APPROVED PROPOSAL FOR CLOSING OF EXPLEO SOLUTIONS FZE, UAE
EXPLEO SOLUTIONS: Q3 EBITDA 384M RUPEES VS 721M (YOY) -- Q3 EBITDA MARGIN 15.35% VS 30.02% (YOY)
EXPLEO SOLUTIONS: Q3 CONS NET PROFIT 338M RUPEES VS 557M (YOY); 205M (QOQ) -- Q3 REVENUE 2.5B RUPEES VS 2.4B (YOY); 2.3B (QOQ)
RAMCO SYSTEMS: CO HAS RECENTLY SECURED STRATEGIC PARTNERSHIPS WITH PROMINENT SERVICES FIRMS , DELOITTE TOUCHE TOHMATSU INDIA LLP AND BDO INDIA
RAMCO SYSTEMS: COS UNEXECUTED ORDER BOOK SEEN AT 180.3M USD
RAMCO SYSTEMS: Q3 CONS NET LOSS 264M RUPEES VS LOSS 502M (YOY) -- Q3 REVENUE 1.28B RUPEES VS 1.27B (YOY)
SUBEX: Q3 EBITDA 6M RUPEES VS 51M (YOY) -- Q3 EBITDA MARGIN 0.70% VS 6.91% (YOY)
INTELLECT DESIGN: CO SAYS VAKIFBANK INTERNATIONAL AG CHOOSES EMACH.AI FOR DIGITAL BANKING TRANSFORMATION ACROSS MULTIPLE COUNTRIES
ZAGGLE PREPAID OCEAN SERVICES: Q3 EBITDA 203M RUPEES VS 75M (YOY) -- Q3 EBITDA MARGIN 10.18% VS 5.05% (YOY)
ZAGGLE PREPAID OCEAN SERVICES: Q3 SL NET PROFIT 152M RUPEES VS 14M (YOY) -- Q3 REVENUE 2B RUPEES VS 1.48B (YOY)
CIGNITI TECH: Q3 REVENUE 4.68B RUPEES VS 4.52B (QOQ)
CIGNITI TECH: Q3 CONS NET PROFIT 480M RUPEES VS 458M (QOQ)
VAKRANGEE: Q3 EBITDA 62M RUPEES VS 49M (YOY) -- Q3 EBITDA MARGIN 12.07% VS 10.16% (YOY)
VAKRANGEE: Q3 CONS NET PROFIT 12M RUPEES VS 1.3M (YOY) -- Q3 REVENUE 516M RUPEES VS 491M (YOY)
COFORGE LTD: Rs. 19.91 Crores NSE Block Trade; for ~ 30580 Shares, at Rs. 6510.00
RATEGAIN TRAVEL: AIR SEYCHELLES TO USE CO TO OFFER BETTER PRICES ACROSS THE WORLD
INTELLECT DESIGN: CO SAYS NCSL IN PAPUA NEW GUINEA PARTNERS WITH INTELLECT GLOBAL CONSUMER BANKING (CO UNIT)
TCS: CO TO TRANSFORM EUROP ASSISTANCES IT OPERATING MODEL USING ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
AURIONPRO SOLUTIONS: Q3 CONS NET PROFIT 379M RUPEES VS 331M (QOQ) -- Q3 REVENUE 2.31B RUPEES VS 2.11B (QOQ)
BIRLASOFT: CO LAUNCHES ITS GENERATIVE AI PLATFORM COGITO
RATEGAIN TRAVEL TECH: Q3 EBITDA 512M RUPEES VS 214M (YOY) -- Q3 EBITDA MARGIN 20.34% VS 15.51% (YOY)
RATEGAIN TRAVEL TECH: Q3 CONS NET PROFIT 404M RUPEES VS 132M (YOY) -- Q3 REVENUE 2.5B RUPEES VS 1.38B (YOY)
MPHASIS: Q3 EBIT 4.97B RUPEES VS 5.07B (QOQ) -- Q3 EBIT MARGIN 14.90% VS 15.46% (QOQ)
MPHASIS: Q3 CONS NET PROFIT 3.74B RUPEES VS 3.92B (QOQ) -- Q3 REVENUE 33.38B RUPEES VS 32.8B (QOQ)
SONATA SOFTWARE: CO HAS AN EXCEPTIONAL ITEM OF 1.75B RUPEES
SONATA SOFTWARE: Q3 EBITDA 2.08B RUPEES VS 1.56B (YOY) -- Q3 EBITDA MARGIN 8.33% VS 6.91% (YOY)
SONATA SOFTWARE: Q3 CONS NET LOSS 462M RUPEES VS PROFIT 1.2B (YOY) -- Q3 REVENUE 25B RUPEES VS 23B (YOY)
L&T TECH: CO SAYS INNOVATIVE SDV SOLUTIONS BUILT ON AWS & SNAPDRAGON COCKPIT PLATFORM FROM QUALCOMM TO CUT SOFTWARE DEVELOPMENT AND PROTOTYPE COSTS
L&T TECH: CO SUPPORTS MARELLI IN REVOLUTIONIZING AUTOMOTIVE INFOTAINMENT WITH DIGITAL TWIN TECHNOLOGY
WIPRO: CO LIKELY TO CUT HUNDREDS OF JOBS TO IMPROVE MARGINS - BUSINESS INSIDER
INFOSYS: CO COLLABORATES WITH MUSGRAVE TO DRIVE COGNITIVE FIRST IT TRANSFORMATION
HCL TECH: RS. 679.60 CR NSE BLOCK TRADE; FOR ~ 4373926 SHARES, AT RS. 1553.75
LTIMINDTREE: SCIENCELOGIC AND LTIMINDTREE FORM A STRATEGIC PARTNERSHIP TO OFFER UNIFIED, INTELLIGENT PLATFORM TO MAXIMIZE CLOUD INVESTMENTS
TCS: CO EXPANDS STRATEGIC PARTNERSHIP WITH AVIVA WITH A NEW 15-YEAR AGREEMENT IN THE UK
DATAMATICS: COS TRUBOT RPA EMPANELED BY UKS NHS SHARED BUSINESS SERVICES
KPIT TECH: CO SAYS SEQUENTIAL CC GROWTH OF 4.3% LED BY POWERTRAIN, AUTONOMOUS AND CONNECTED DOMAINS
KPIT TECH: CO SAYS TCV OF NEW ENGAGEMENTS WON DURING THE QUARTER IS USD 189M
KPIT TECHNOLOGIES: Q3 EBITDA 2.6B RUPEES VS 2.4B (QOQ) -- Q3 EBITDA MARGIN 20.72% VS 19.94% (QOQ)
KPIT TECHNOLOGIES: Q3 CONS NET PROFIT 1.55B RUPEES VS 1.4B (QOQ) -- Q3 REVENUE 12.6B RUPEES VS 12B (QOQ)
KPIT TECH: CO DECLARED DIVIDEND 2.10 RUPEES/SHARE
LATENT VIEW ANALYTICS: Q3 EBITDA 388M RUPEES VS 428M (YOY) -- Q3 EBITDA MARGIN 23.40% VS 29.46% (YOY) (CORRECTION)
LATENT VIEW ANALYTICS: Q3 EBITDA 388M RUPEES VS 428M (YOY) -- Q3 EBITDA MARGIN 23.40% VS 29.46% (YOY)
LATENT VIEW ANALYTICS: Q3 REVENUE 1.66B RUPEES VS 1.45B (YOY)
LATENT VIEW ANALYTICS: Q3 CONS NET PROFIT 465M RUPEES VS 525M (YOY)
MASTEK: CO EXEC SAYS CO LOOKS TO RAISE CAPITAL FROM PRIVATE EQUITY & SHARE CONTROL - CNBC TV18
MASTEK: CO EXEC SAYS CAPITAL INFUSION WITH SHARING OF CONTROL TO TRIGGER OPEN OFFER - CNBC TV18
TCS: OXFORD TERMINATES DEAL WITH TCS AFTER TECHNICAL GLITCH IN ADMISSION TEST - BUSINESS STANDARD
SUBEX: CO SAYS RBI APPROVES UNIT TO SET UP BUSINESS OF ACCOUNT AGGREGATOR
CYIENT: Q3 CONS NET PROFIT 1.47B RUPEES VS 1.8B (QOQ) -- Q3 REVENUE 18.21B RUPEES VS 17.8B (QOQ) (CORRECTION)
CYIENT: Q3 EBIT 2.6B RUPEES VS 2.6B (QOQ) -- Q3 EBIT MARGIN 14.27% VS 14.62% (QOQ)
CYIENT: Q3 CONS NET PROFIT RUPEES VS 1.8B (QOQ) -- Q3 REVENUE 18.21B RUPEES VS 17.8B (QOQ)
INTELLECT DESIGN ARENA: Q3 EBIT 967M RUPEES VS 881.3M (QOQ) -- Q3 EBIT MARGIN 15.25% VS 14.24% (QOQ)
INTELLECT DESIGN ARENA: Q3 CONS NET PROFIT 843M RUPEES VS 704M (QOQ); 620M (YOY) -- Q3 REVENUE 6.34B RUPEES VS 6.2B (QOQ); 5.47B (YOY)
QUICK HEAL TECHNOLOGIES: Q3 EBITDA 115M RUPEES -- Q3 EBITDA MARGIN 14.08%
QUICK HEAL TECHNOLOGIES: Q3 CONS NET PROFIT 101M RUPEES VS LOSS 93M (YOY); PROFIT 129M (QOQ) -- Q3 REVENUE 819M RUPEES VS 668M (YOY); 783.6M (QOQ)
TECH MAHINDRA: CO EXEC SAYS PERFORMANCE IN CMT MORE INDICATIVE OF SECTORAL ISSUES THAN CO -- CO EXEC SAYS NOT LOOKING TO REDUCE TELECOM REVENUE, WILL REMAIN CENTRAL TO CO
TECH MAHINDRA: CO EXEC SAYS SOME FURLOUGH IMPACT EXPECTED IN Q4 -- CO EXEC SAYS SEEING VOLATILITY IN TELECOM, NOT SEEING SPEND IN A SIGNIFICANT WAY -- CO EXEC SAYS TOO EARLY TO SAY THERE ARE GREEN SHOOTS
TECH MAHINDRA: CO EXEC SAYS GROWTH HAS BEEN CHALLENGED DUE TO SECTORAL EXPOSURE TO REVENUE -- CO EXEC SAYS TURNAROUND PLAN FOCUSED ON MARGINS AND REVENUE TO BE ON PAR WITH PEERS
TECH MAHINDRA: CO EXEC SAYS BEING MORE PRUDENT AND SELECTIVE IN DEALS WE DO -- CO EXEC SAYS DONT EXPECT RECOVERY WILL BE SIMULTANEOUS ACROSS GEORAPHIES AND SECTORS
TECH MAHINDRA: CO EXEC SAYS MOST SEGMENTS LIKE CME, HI TECH WERE IMPACTED BY FURLOUGHS -- CO EXEC SAYS THERES BEEN A SLOWDOWN IN SECTORS WERE STRONG IN
TECH MAHINDRA: CO EXEC SAYS EMBARKING ON TURNAROUND EFFORT, TO MAXIMISE LONG TERM REV GROWTH AND MARGINS -- CO EXEC SAYS TURNAROUND REQUIRES SUBSTANTIAL COSTS AND ABOVE NORMAL INVESTMENT
TECH MAHINDRA: CO SAYS Q3 NET NEW DEAL WINS $381M
BIRLASOFT: Q3 EBIT 1.93B RUPEES VS 1.86B (QOQ) -- Q3 EBIT MARGIN 14.38% VS 14.17% (QOQ)
BIRLASOFT: Q3 CONS NET PROFIT 1.61B RUPEES VS 1.45B (QOQ) -- Q3 REVENUE 13.43B RUPEES VS 13.09B (QOQ)
TECH MAHINDRA: Q3 EBITDA 11.46B RUPEES VS 10.72B (QOQ) -- Q3 EBITDA MARGIN 8.75% VS 8.33% (QOQ)
TECH MAHINDRA: Q3 EBIT 7.03B RUPEES VS 6.07B (QOQ) -- Q3 EBIT MARGIN 5.4% VS 4.7% (QOQ)
TECH MAHINDRA: Q3 CONS NET PROFIT 5.1B RUPEES VS 4.94B (QOQ); EST 6.05B - 12.97B (YOY) -- Q3 REVENUE 131.01B RUPEES VS 128.64B (QOQ); 137.35B (YOY)
MASTEK: CO JOINS FORCES WITH MICROSOFT TO TRANSFORM INDUSTRIES USING GENERATIVE AI
INFOBEANS TECH: Q3 CONS NET PROFIT 56M RUPEES VS 94M (YOY) -- Q3 REVENUE 891M RUPEES VS 977M (YOY)
NETWEB TECH: Q3 EBITDA 343M RUPEES VS 311M (YOY) -- Q3 EBITDA MARGIN 13.54% VS 17.41% (YOY)
NETWEB TECH: Q3 SL NET PROFIT 260M RUPEES VS 217M (YOY); 151M (QOQ) -- Q3 REVENUE 2.5B RUPEES VS 1.78B (YOY); 1.45B (QOQ)
SASKEN TECH: Q3 EBITDA 30M RUPEES VS 274M (YOY) -- Q3 EBIT MARGIN 3.10% VS 22.29% (YOY)
SASKEN TECH: Q3 CONS NET PROFIT 177M RUPEES VS 268.8M (YOY); 181M (QOQ) -- Q3 REVENUE 964M RUPEES VS 1.09B (YOY); 1B (QOQ)
TANLA PLATFORMS: CO APPROVED INTERIM DIVIDEND OF 6 RUPEES PER SHARS
TANLA PLATFORMS: Q3 EBITDA 1.93B RUPEES VS 1.51B (YOY) -- Q3 EBITDA MARGIN 19.23% VS 17.4% (YOY)
TANLA PLATFORMS: Q3 CONS NET PROFIT 1.4B RUPEES VS 1.16B (YOY); 1.42B (QOQ) -- Q3 REVENUE 10B RUPEES VS 8.69B (YOY); 10B (QOQ)
TATA ELXSI: Q3 EBITDA 2.45B RUPEES VS 2.39B (QOQ) -- Q3 EBITDA MARGIN 26.76% VS 27.08% (QOQ)
TATA ELXSI: Q3 SL NET PROFIT 2.06B RUPEES VS 1.95B (QOQ); 2B (YOY) -- Q3 REVENUE 9.14B RUPEES VS 8.18B (QOQ); 8.82B (YOY)
INTELLECT DESIGN: INTELLECT GLOBAL TRANSACTION BANKING AND CRÉDIT AGRICOLE CIB FORGE A STRATEGIC PARTNERSHIP FOR CASH POOLING DIGITAL TRANSFORMATION
COFORGE: CO DECLARED THIRD INTERIM DIVIDEND OF 19 RUPEES PER SHARE
COFORGE: Q3 EBITDA 3.95B RUPEES VS 3.41B (QOQ) -- Q3 EBITDA MARGIN 17.01% VS 14.98% (QOQ)
COFORGE: Q3 CONS NET PROFIT 2.38B RUPEES VS 1.81B (QOQ); 2.28B (YOY) -- Q3 REVENUE 23.23B RUPEES VS 22.76B (QOQ); 20.56B (YOY)
CONTROL PRINT: CO DECLARED AN INTERIM DIVIDEND OF 4 RUPEES PER SHARE
CONTROL PRINT: Q3 EBITDA 218M RUPEES VS 196M (YOY) -- Q3 EBITDA MARGIN 24.63% VS 2507% (YOY)
CONTROL PRINT: Q3 CONS NET PROFIT 134M RUPEES VS 135M (YOY); 141M (QOQ) -- Q3 REVENUE 886M RUPEES VS 780M (YOY); 864M (QOQ)
ZENSAR TECH: CO DECLARED AN INTERIM DIVIDEND OF 2 RUPEES PER SHARE
ZENSAR TECH: Q3 EBIT 1.76B RUPEES VS 1.94B (QOQ) -- Q3 EBIT MARGIN 14.65% VS 15.66% (QOQ)
ZENSAR TECH: Q3 CONS NET PROFIT 1.62B RUPEES VS 1.74B (QOQ); 765M (YOY) -- Q3 REVENUE 12.04B RUPEES VS 12.41B (QOQ); 11.98B (YOY)
TCS: CO HAS ENABLED EUROCLEAR FINLAND, THE NATIONAL CENTRAL SECURITIES DEPOSITORY (CSD) OF FINLAND, TO INTEGRATE ITS CORE PLATFORM WITH THE EUROPEAN SECURITIES SETTLEMENT ENGINE
PERSISTENT SYSTEMS: CO RECEIVES BOARD APPROVAL FOR MERGER WITH ITS UNIT CAPIOT SOFTWARE PRIVATE LTD
PERSISTENT SYSTEMS: CO BOARD APPROVES SUB-DIVISION / SPLIT OF EQUITY SHARES IN RATIO OF 1:2
PERSISTENT SYSTEMS: CO DECLARED AN INTERIM DIVIDEND OF RUPEES 32 PER SHARE FOR FY24
PERSISTENT SYSTEMS: Q3 EBITDA 4.42B RUPEES VS 4.05B (QOQ) -- Q3 EBITDA MARGIN 17.69% VS 16.80% (QOQ) - AS PER STATEMENT
PERSISTENT SYSTEMS: Q3 EBIT 3.63B RUPEES VS 3.3B (QOQ) -- Q3 EBIT MARGIN 14.53% VS 13.72% (QOQ)
PERSISTENT SYSTEMS: Q3 CONS NET PROFIT 2.86B RUPEES VS 2.38B (QOQ); 2.63B (YOY) -- Q3 REVENUE 24.98B RUPEES VS 21.69B (QOQ); 24.12B (YOY)
ZAGGLE PREPAID: INVESTER ASHISH KACHOLIA INCREASED STAKE BY 0.5% IN CO DURING Q3
RAMCO SYSTEMS: CO INKS PARTNERSHIP WITH BDO INDIA TO ENHANCE AND ELEVATE PAYROLL EXPERIENCE FOR BUSINESSES
ONWARD TECH: Q3 CONS NET PROFIT 68M RUPEES VS 96M (QOQ) -- Q3 REVENUE 1.14B RUPEES VS 1.2B (QOQ)
ONWARD TECH: Q3 CONS NET PROFIT 68M RUPEES VS 25M (YOY) -- Q3 REVENUE 1.14B RUPEES VS 1.16B (YOY)
CE INFO SYSTEM: NEW PROJECT WON BY THE CO WORTH RS. 400 CR
TECH MAHINDRA: Rs. 37.05 Cr NSE Block Trade; for ~ 269274 Shares, at Rs. 1375.95
WIPRO: CO HAS SIGNED A DEFINITIVE TO SUBSCRIBE FOR EQUITY SHARE CAPITAL IN HUOBAN ENERGY 11 -- TOTAL CONSIDERATION OF 31.8M RUPEES
ACCELYA SOLUTIONS: CO DECLARED DIVIDEND OF 25 RUPEES PER SHARE
KSOLVES INDIA: CO DECLARED THE 2ND INTERIM DIVIDEND OF 7.50 RUPEES PER SHARE
KSOLVES INDIA: Q3 EBITDA 120M RUPEES VS 84M (YOY) -- Q3 EBITDA MARGIN 42.29% VS 40.63% (YOY)
KSOLVES INDIA: Q3 CONS NET PROFIT 89M RUPEES VS 62M (YOY); 83M (QOQ) -- Q3 REVENUE 284M RUPEES VS 206M (YOY); 260M (QOQ)
ACCELYA SOLUTIONS INDIA: Q3 EBITDA 459M RUPEES VS 399M (YOY) -- Q3 EBITDA MARGIN 36.78% VS 35.62% (YOY)
ACCELYA SOLUTIONS INDIA: Q3 CONS NET PROFIT 309M RUPEES VS 252M (YOY)
ACCELYA SOLUTIONS INDIA: Q3 REVENUE 1.25B RUPEES VS 1.12B (YOY)
SASKEN TECH: CO POWERS WORLDS FIRST HIGH-SPEED SATELLITE BROADBAND DEVICE FOR CRITICAL COMMUNICATIONS
MASTEK: Q3 EBITDA RUPEES 1.34B VS 1.23B (QOQ) -- Q3 EBITDA MARGIN 17.03% VS 16.07% (QOQ)
MASTEK: Q3 CONS NET PROFIT 753M RUPEES VS 628M (QOQ) -- Q3 REVENUE 7.8B RUPEES VS 7.6B (QOQ)
MASTEK: CO APPROVES DIVIDEND OF 7 RUPEES PER SHARE
OFSS: Rs. 23.13 Cr NSE Block Trade; for ~ 39240 Shares, at Rs. 5895.15
OFSS: Rs. 25.90 Cr NSE Block Trade; for ~ 43889 Shares, at Rs. 5901.65
LTIMINDTREE: Rs. 21.90 Cr NSE Block Trade; for ~ 38664 Shares, at Rs. 5665.05
ORACLE FINANCIAL SERVICES SOFTWARE: CO SAYS CONTINUE TO SEE A ROBUST DEAL PIPELINE ACROSS REGIONS
ORACLE FINANCIAL SERVICES SOFTWARE: Q3 EBITDA 9.05B RUPEES VS 6.06B (YOY) -- Q3 EBITDA MARGIN 49.62% VS 41.83% (YOY)
ORACLE FINANCIAL SERVICES SOFTWARE: Q3 CONS NET PROFIT 7.41B RUPEES VS 4.37B (YOY); 4.17B (QOQ) -- Q3 REVENUE 18.24B RUPEES VS 14.49B (YOY); 14.44B (QOQ)
HCL TECH: FOXCONN AND HCL GROUP TO FORM CHIP PACKAGING, TESTING JOINT VENTURE IN INDIA -- FOXCONN TO INVEST $37.2M FOR A 40% STAKE IN CO - MONEY CONTROL
LTIMINDTREE: CO DELIVERS 3.5% (YOY) USD REVENUE GROWTH
INTELLECT DESIGN ARENA: CO TO SET-UP A UNIT (BRANCH OFFICE) IN GIFT CITY SEZ
WIPRO: DAVOS- CO EXEC SAYS MEDIA REPORTS ON SUCCESSION PLANNING SPECULATIVE, FOCUSED ON DEAL WINS AND EXECUTION -- CO EXEC SAYS NO DEALS GREATER THAN $500M FOR FY24 AT CO SO FAR AS THEY HAVE BEEN BROKEN INTO SMALLER ONES
INFOBEANS TECHNOLOGIES: CO ENTERED INTO A STRATEGIC PARTNERSHIP WITH AGENIO GMBH
WIPRO: DAVOS- CO EXEC TELLS REUTERS GLOBAL MARKETS FORUM THAT UNCERTAINTIES IN MARKET CONTINUES BUT DISCRETIONARY SPENDS SEEING GREENSHOOTS -- CO EXEC SAYS BIT MORE OPTIMISTIC AS WE GO INTO FY25 AS US TECH SPENDS SEEN TO RISE
HAPPIEST MINDS TECHNOLOGIES: Q3 EBIT 661M RUPEES VS 681M (QOQ) -- Q3 EBIT MARGIN 16.12% VS 16.74% (QOQ)
HAPPIEST MINDS TECHNOLOGIES: Q3 CONS NET PROFIT 596M RUPEES VS 585M (QOQ); 576M (YOY) -- Q3 REVENUE 4.1B RUPEES VS 4.07B (QOQ); 3.67B (YOY)
PERSISTENT SYSTEMS: CO TO CONSIDER PROPOSAL OF SUB-DIVISION OF EQUITY SHARES -- BOARD MEETING TO BE HELD ON FRIDAY, JANUARY 19, 2024, AND TO BE CONTINUED ON SATURDAY, JANUARY 20, 2024
LTIMINDTREE: COS HIGHEST-EVER ORDER INFLOW OF $1.5B, UP 21% (YOY)
LTIMINDTREE: Q3 USD REVENUE SEEN AT 1.08B$ VS 1.07B$ (QOQ)
LTI MINDTREE: Q3 EBIT13.86B RUPEES VS 14.23B (QOQ); EST 14.18B -- Q3 EBIT MARGIN 15.4% VS 16% (QOQ); EST 15.7% (AS PER STATEMENT)
LTI MINDTREE: Q3 CONS NET PROFIT 11.69B RUPEES VS 11.62B (QOQ); EST 11.7B - 10B (YOY) -- Q3 REVENUE 90.17B RUPEES VS 89.05B (QOQ); EST 90.20B - 86.20B (YOY)
ZAGGLE PREPAID OCEAN SERVICES: CO ENTERED INTO AN AGREEMENT WITH TORRENT GAS -- GROSS TRANSACTION VOLUME ESTIMATED AT 2B RUPEES
TATA CONSULTANCY SERVICES: RS. 73.04 CR NSE BLOCK TRADE; FOR ~ 188245 SHARES, AT RS. 3880.05
INFOSYS: RS. 412.67 CR NSE BLOCK TRADE; FOR ~ 2516569 SHARES, AT RS. 1639.80
TCS: CO AND MACQUARIE UNIVERSITY LAUNCH NEW AUSTRALIAN RESEARCH HUB TO GUIDE ORGANISATIONS IN THEIR NET - ZERO JOURNEYS
WIPRO: WEDBUSH RAISES TARGET PRICE TO $6 FROM $4
L&T TECHNOLOGY SERVICES: CO RE-APPOINTS AMIT CHADHA AS CHIEF EXECUTIVE OFFICER, MANAGING DIRECTOR
L&T TECH: Q3 EBIT 4.16B RUPEES VS 4.07B (QOQ); EST 4.25B -- Q3 EBIT MARGIN 17.19% VS 17.08% (QOQ); EST 17.3%
L&T TECH: Q3 CONS NET PROFIT 3.36B RUPEES VS 3.15B (QOQ); EST 3.32B - 2.81B (YOY) -- Q3 REVENUE 24.22B RUPEES VS 23.86B (QOQ); EST 24.54B - 21.57B (YOY)
C.E. INFO SYSTEMS: Q3 EBITDA 360M RUPEES VS 278M (YOY) -- Q3 EBITDA MARGIN 39.13% VS 41.19% (YOY)
C.E. INFO SYSTEMS: Q3 REVENUE 920M RUPEES VS 676M (YOY)
C.E. INFO SYSTEMS: Q3 CONS NET PROFIT 307M RUPEES VS 296M (YOY)
NEWGEN SOFTWARE: Q3 EBIT RUPEES 701M VS 501M (QOQ) -- Q3 EBIT MARGIN 21.67% VS 17.08% (QOQ)
NEWGEN SOFTWARE: Q3 CONS NET PROFIT 683M RUPEES VS 478M (QOQ) -- Q3 REVENUE 3.2B RUPEES VS 2.93B (QOQ)
GENESYS INTERNATIONAL: MR. PAVAN TSUNDURU HAS HELD SENIOR TECHNOLOGY POSITIONS AT MAJOR INDIAN CORPS, INCLUDING RELIANCE, ADANI PORTS AND GMR GROUP
GENESYS INTERNATIONAL: CO APPOINTS MR. PAVAN TSUNDURU AS CHIEF OPERATING OFFICER (“COO”) TO DRIVE NEW MAP STACK
INFOSYS: Rs. 33.46 Cr NSE Block Trade; for ~ 203878 Shares, at Rs. 1641
HCL TECH: Rs. 32.19 Cr NSE Block Trade; for ~ 202484 Shares, at Rs. 1589.80
NELCO: Q3 EBITDA RUPEES 163M VS 152M (YOY) -- Q3 EBITDA MARGIN 19.61% VS 20.42% (YOY)
NELCO: Q3 CONS NET PROFIT 61M RUPEES VS 50M (YOY) -- Q3 REVENUE 832M RUPEES VS 742M (YOY)
INFOSYS: RS. 50.03 CR NSE BLOCK TRADE; FOR ~ 304401 SHARES, AT RS. 1643.65
KPIT TECH: Rs. 19.74 Cr NSE Block Trade; for ~ 125781 Shares, at Rs. 1569.60
WIPRO: RS. 52.97 CR NSE BLOCK TRADE; FOR ~ 1026654 SHARES, AT RS. 515.95
INFOSYS: CFRA RAISES TARGET PRICE TO $20 FROM $18