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No perceivable inconsistency in Infosys data points: ICICI Securities

Wednesday, October 30, 2019, 7:48 PM

A Mumbai-based brokerage firm said there is "no perceivable inconsistency" in key data points shared by Infosys as alleged by anonymous whistleblowers in a recent letter. This report comes at a time when the USSEC has initiated an investigation. According to the report, "net-new" deals are an important data point to consider, the importance of retaining renewals cannot be underestimated.
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HCL Technologies misses street estimates; key takeaways

Wednesday, August 7, 2019, 8:59 PM

HCL Technologies missed analysts forecasts and reported 7.60% year-on-year drop in profit at Rs.2,220-crore for the quarter ended June-30. Analysts in an ET NOW poll had projected a profit of Rs.2,378-crore. Revenue of the IT major, on the other hand, increased 18.40% to Rs.16,425-crore during the quarter under review. The company maintained its FY20 revenue guidance at 14-16% in constant currency terms.
 
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Accenture revenue rises 7.4% in the first quarter

Thursday, December 20, 2018, 6:22 PM

Accenture Plc reported a 7.4% rise in quarterly revenue, as it reaped the benefit of its investments in digital and cloud services. Net income attributable to consulting and outsourcing services provider rose to $1.28 billion, or $1.96 per share, in first quarter ended 30 November from $1.12 billion, or $1.79 per share, a year earlier. Net revenue rose to $10.61 billion from $9.88 billion.

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