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Infosys Q2 revenue up 3.3%, Wipro's drops 2.3% YoY
Infosys saw a 3% year-on-year revenue growth in the BFSI sector for the September quarter, with guidance increased for the third consecutive quarter. Wipro's revenue fell 2.3% compared to the previous year but grew 0.
India's Infosys, Wipro top Q2 revenue estimates as spending revives
After over a year of curtailed spending due to economic uncertainty and high borrowing costs, global banks are reviving projects they had on ice, raising hopes for the $254-billion Indian IT sector that gets about a third of its revenue from BFSI clients.
India's Infosys Beats Q2 Revenue Estimates
Infosys, India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients. The company's consolidated revenue stood at 409.
Infosys, Wipro exceed Q2 revenue estimates as client spending recovers
Indian software services giants Infosys and Wipro have surpassed quarterly revenue expectations, buoyed by a resurgence in spending from their primary clients in the financial sector. After more than a year of restrained spending amid economic uncertainties and elevated borrowing costs,
21h
Mixed bag for TCS, Infosys, HCLTech, Wipro in Q2: BFSI sees uptick, large deals contract
According to analysts, the US Federal Reserve’s interest rate cut impact may start baking into discretionary spending plans ...
ndtvprofit
4h
Infosys Q2 Results Review- Upbeat Guidance; Discretionary Spends Continue To Pick Up In BFSI: ICICI Securities
The brokerage retains 'Add' rating on the stock on upbeat guidance and continued improvement in discretionary spends in BFSI.
Exchange 4 Media
4d
BFSI: Digital ad impressions surge by 74% in H1 2024
Television also remains a crucial medium for BFSI advertisers, with ad volumes on TV experiencing a 19% growth in H1'24 ...
Business Wire
2d
After Prolonged Downturn, Global IT, Business Services Market Reaches New High in Q3: ISG Indexâ„¢
The global market for IT and business services had record Q3 results following an extended slump that reached bottom last ...
cnbctv18
3d
HCLTech CEO sees broad-based BFSI growth driven by GenAI adoption
Shiv Walia, CFO of HCLTech, highlighted the company saw a 2.4% year-on-year increase in its workforce. Last year, they hired ...
3h
Reduce Wipro; target of Rs 500: ICICI Securities
ICICI Securities recommended reduce rating on Wipro with a target price of Rs 500 in its research report dated October 18, ...
brandequity.economictimes.indiatimes
13d
From traditional advertising to influencer marketing: A shift in BFSI strategies
Numerous BFSI brands have successfully navigated the transition from traditional advertising to influencer marketing. For ...
Campaign India
4d
BFSI print ad volumes shoot up 37% in H1-2024: TAM report
In print advertising by BFSI, LIC of India emerged as the No 1 advertiser controlling 12% to total ad volumes during H1-2024.
3h
Europe’s IT, Business Services Market Shows Signs of Momentum in Q3: ISG Index™
Combined market ACV up 32%, on strong demand for managed services and XaaS ISG maintains full-year growth forecast and ...
1d
EQUIPPP partners with Skills University for free BFSI training in Telangana, shares dip
EQUIPPP partners with Young India Skills University to launch BFSI Skill Development Program in Telangana, focusing on job ...
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