it companies

IT companies: By deal count, IT companies may perform better

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ET Intelligence Group: HCL Technologies (HCLTech) on Friday delivered better-than-expected numbers for the December quarter helped by the ramp up in Verizon deal and buoyancy in the software licence and subscription business. The country’s third largest IT exporter reported the strongest sequential growth of 6% in dollar-denominated revenue, excluding the currency fluctuation effects (constant currency) … Read more

Tech growth woes pose risk to Dalal Street’s sizzling rally

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An estimated slowdown in revenue growth for India’s top technology companies is threatening to stall the relentless surge in the nation’s stocks, which were among Wall Street’s top emerging-market picks. As investors await these results this week, a gauge of Indian tech shares has fallen for three straight weeks after rallying for the most part … Read more