KAIROSOFT AI SOLUTIONS LTD Q1 RESULTS

IT services major HCLTech is changing its strategic direction towards generative artificial intelligence (GenAI) amid a revival in client demand, chief executive and managing director C Vijayakumar told ET.

HCLTech CEO C Vijayakumar and CFO Shiv Walia elaborate on their Q3 performance and forecast. They report improvements in the spending and demand environment. While services revenue met expectations, software revenue was slightly lower. The company a...

TCS leaders are confident about future growth and advancements. They highlight investments in AI, talent development, and technology modernization. Growth opportunities in client decision-making, regional markets, and internal efficiency boosts from...

TCS Q3 Results: Tata Consultancy Services (TCS) reported a 12% rise in consolidated net profit for the December quarter, reaching Rs 12,380 crore, compared to the previous year's Rs 11,058 crore. The company declared an interim dividend of Rs 10 per...

Tata Consultancy Services (TCS) posted a 12% rise in Q3 net profit to ₹12,380 crore, driven by strong execution, cost efficiency, and strategic risk management, despite revenue missing estimates. It announced robust TCV growth and a ₹76/share divide...

Tata Elxsi Q3 Results: Revenue from operations rose 3% YoY to Rs 939 crore in Q3, compared to Rs 914 crore in the same period last year. Operating EBITDA for the quarter stood at Rs 247 crore, with margins at 26.1%. Profit before tax came in at Rs 2...

Salesforce is slowly emerging as an all-important stock in the field of technology, and is also showing a massive growth over the past year. Should US investors begin putting their money into this company that also has its own IPO?

Microsoft announced a $3 billion investment in India to strengthen AI and cloud infrastructure. This and more in today’s ETtech Top 5.

Foreign institutional investors have significantly increased their investment in Indian IT stocks, anticipating improved revenue growth driven by macroeconomic stability and the anticipated US rate cuts. Analysts predict strong performances from HCL...

The company will be focusing on data centres, mainly in North America and India. Black Box provides data centre solutions, advanced networking solutions, AI-powered analytics and IoT-enabled devices. About 20% of the firm's revenue comes from data c...

Accenture's latest earnings boost Indian IT sector outlook. GenAI bookings hit a record high. North American demand shows signs of recovery. The company raised its FY25 growth forecast. Indian IT firms expect strong Q3 results and a robust FY26. Acc...

Shares of IT services firms such as Infosys, TCS, Wipro, and HCL Technologies rose by up to 1% on Friday, following a strong performance by industry leader Accenture. Accenture reported Q1 revenue and profit that exceeded Wall Street estimates and r...

Accenture's strong Q1 earnings, driven by AI demand, boosted Indian IT stocks like Infosys and Wipro in US markets. Despite earlier losses due to the Fed's hawkish stance, the positive outlook signals potential growth for the sector. The company rai...

Accenture surpassed first-quarter revenue expectations, driven by increased demand for AI integration services. New bookings reached $18.7 billion, exceeding the previous year's figure. Revenue hit $17.7 billion, outperforming analyst projections. T...

This model is focused on advancing AI reasoning capabilities. In contrast to most AI, QwQ-32B-Preview and similar models can fact check themselves, which helps to avoid common mistakes. But this causes the model to take a longer time to find solutio...

The IT sector is expected to witness subdued growth in the third quarter of FY25, primarily due to seasonal factors, according to a report by Centrum.

FirstCry operator Brainbees Solutions saw its shares surge after reporting a narrowed consolidated net loss of Rs 50 crore in Q2FY25, down from Rs 101 crore the previous year. This improvement was driven by a 26% YoY increase in revenue, reaching Rs...

A slew of new-age firms reported their September quarter. This and more in today ETtech Top 5.

The reduction in the company’s losses was driven by higher revenues on both a yearly and quarterly basis. Firstcry’s operator reported a topline of Rs 1,905 crore in Q2FY25, up from Rs 1,507 crore in the same quarter last year and Rs 1,652 crore in ...