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The market valuation of ITC soared ₹16,856.05 crore to ₹3,53,141.45 crore. Photo: Reuters

Sun, Oct 21 2018. 04 30 PM IST

Five of top-10 Indian firms add ₹31,381 crore in m-cap, ITC tops the chart

While HUL, ITC, Infosys, Kotak Mahindra Bank and ONGC saw addition in their market capitalisation for the week ended Friday, TCS, RIL, HDFC Bank, HDFC and SBI finished with losses

Thu, Oct 18 2018. 10 57 AM IST

Sensex retreats nearly 400 points as NFBC meltdown resumes

BSE Realty and BSE Auto index were the top losers, losing 3.17% and 3% respectively.

TCS’s BFSI vertical, if carved out as an independent unit, will be larger than India’s third largest IT services firm, HCL Technologies Ltd. Graphic: Mint

Thu, Oct 18 2018. 08 48 AM IST

TCS displaces Accenture as largest IT firm servicing banks

In the July-September period, TCS got $2.07 billion in business from the BFSI sector as compared to Accenture’s $2.01 billion in the June-August period

TCS and Infosys have the financial strength to invest in their businesses and respond to external pressures, despite their high shareholder payouts, said ratings agency Moody’s.

Wed, Oct 17 2018. 05 16 PM IST

IT firms’ buybacks hamper their future business investment: Moody’s

Moody’s says high levels of cash outflows to shareholders are reducing the ability of Indian IT services companies to respond to business demands

Benchmark indices BSE Sensex and NSE’s Nifty 50 closed lower on Wednesday. Photo: Abhijit Bhatlekar/Mint

Wed, Oct 17 2018. 08 18 AM IST

Closing bell: Sensex closes 383 points down after 900-point swing

The BSE Sensex closed 382.90 points down at 34,779.58, while the Nifty 50 ended 131.70 points lower at 10,453.05. Here are the latest updates from the markets

While TCS’s growth pickup was accompanied by a rise in margins to a 14-year high, Infosys’s higher growth has led to pressure on margins, which are at a 20-quarter low. Graphic: Mint

Wed, Oct 17 2018. 07 25 AM IST

Q2 results: At Infosys, growth is coming at a high cost

Since Infosys still lags TCS by a wide margin in terms of revenue growth, the strategy to sacrifice margins for growth may be a sensible one

Infosys CEO Salil Parekh. For the first time in its history, Infosys won over $2 billion in new deals in a quarter. Photo: PTI

Tue, Oct 16 2018. 04 17 PM IST

Q2 results: Infosys beats street estimates, but TCS still ahead of curve

Infosys’s net profit rose 0.5% to $581 million in the September quarter from $578 million in the preceding three months

Benchmark indices BSE Sensex and NSE’s Nifty 50 are set to open higher on Tuesday. Photo: Hindustan Times

Tue, Oct 16 2018. 08 26 AM IST

Closing bell: Sensex, Nifty gain for 3rd day; Infosys falls ahead of Q2 results

The BSE Sensex closed 297.38 points up at 35,162.48, while the Nifty 50 ended 72.25 points higher at 10,584.75. Here are the highlights from the markets

While CEO Salil Parekh is firmly in control of Infosys, the mood at the company is edgy. Photo: Mint

Mon, Oct 15 2018. 01 44 PM IST

5 things to watch out for in Infosys Q2 results today

Infosys needs to grow at least 2.4% in the September quarter (Q2) to report 6.2% full-year dollar revenue growth

BSE Sensex and NSE’s Nifty 50 traded mixed in the opening trade. Photo: Mint

Mon, Oct 15 2018. 08 19 AM IST

Closing bell: Sensex gains 131 points, Nifty settles at 10512, Infosys rises 3%

The BSE Sensex closed 131.52 points, or 0.38%, up at 34,865.10, while the Nifty 50 ended 40 points, or 0.38%, higher at 10,512.50. Here are the highlights from the markets

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