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Wipro posts surprise fall in Q3 profit on higher costs

1h livemint
Bengaluru: IT firm Wipro Ltd posted a surprise fall in third-quarter profit as higher costs weighed. (4-0)

Wipro posts third-quarter profit fall

1h in.reuters
(Reuters) - IT firm Wipro Ltd posted a surprise fall in third-quarter profit as higher costs weighed. (3-0)

Infosys Limited - Press Release

2h nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (2-0)

Infosys (INFY) in Focus: Stock Moves 5.8% Higher

2018-01-17 zacks
Infosys Limited (INFY - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 10.9% in the past one-month time frame. (80-1)

Winning large deals key for IT companies in 2018: V Balakrishnan

2018-01-17 moneycontrol
Winning large deals will be the key to success for India's IT services firms in 2018 as the legacy business would not give an incremental growth amid the challenges on pricing, says a senior industry figure. (2-0)

Sensex rises; IT stocks drive gains

2018-01-17 in.reuters
REUTERS - Indian shares rose on Wednesday, as IT stocks such as Infosys Ltd and private lenders such as ICICI Bank Ltd rallied amid broader value buying in the market. (20-0)

Why should a Morgan Stanley upgrade lift all IT stocks?

2018-01-17 livemint
A rising tide may lift all boats, but to expect higher IT spending to benefit all Indian IT companies is clearly taking things too far. Morgan Stanley said in a 15 January note that “an improving global macro could spur tech spending, which could re-rate stocks”. The four biggest IT stocks listed on the National Stock Exchange rose between 4.1% and 5.9%, although part of that could be due to the weakness in the rupee, after the trade deficit for December came in at a three-year high. (54-0)

Top Analyst Reports for Texas Instruments, Mondelez & Colgate

2018-01-16 zacks
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Texas Instruments (TXN), Mondelez (MDLZ) and Colgate (CL). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. (108-0)

India ETFs in Focus as Retail Inflation Touches 17-Year High

2018-01-16 zacks
India’s retail inflation touched a 17-year high in December owing to rising food and crude prices. Moreover, lower base effect also contributed to the gains in consumer prices. “Inflation has quickened because of a low base effect,” Richa Gupta, senior economist at Deloitte India told Livemint.       (24-0)

Infosys (INFY) Upgraded to Buy from a Hold

2018-01-16 investorplace
The current recommendation of Buy for Infosys Ltd (NYSE:INFY) is the result of using the Portfolio Grader stock evaluator of Louis Navellier, which incorporates his investing methods. INFY has been upgraded from a Hold to a Buy in the last week. (2-0)

Infosys Limited - Press Release

2018-01-16 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (2-0)

'IT services stocks set for a turnaround this year'

2018-01-16 thehindubusinessline
Shares of IT services firms such as Infosys Ltd, Tata Consultancy Services Ltd and Wipro Ltd rose as much as 2.48 per cent to 4.52 per cent. (15-0)

Sensex little changed; oil refiners down

2018-01-16 in.reuters
REUTERS - Indian shares were nearly unchanged on Tuesday as gains in IT stocks were offset by losses in oil refiners such as Hindustan Petroleum Corp Ltd, with sentiment dampened after data showed the country’s trade deficit widened in December. (15-0)

Indian ministers give AFF a miss, for Davos

2018-01-16 freepressjournal.in
Hong Kong : India is missing at the Asian Financial Forum (AFF) event in Hong Kong, ostensibly because its ministers and officials have opted for the World Economic Forum (WEF) at Davos in Switzerland later this month, according to an official. “Indian ministers and officials declined our invite citing lack of time as they have to go for Davos for the four-day WEF from January 23-26,” a Hong Kong Trade Development Council (HKTDC) official told the IANS. (4-0)

Share buybacks rose to a record high last year

2018-01-15 livemint
Mumbai: Share buybacks in 2017 nearly doubled from the previous year to a record Rs55,236 crore, data shows. At a time of strong rally in equities, companies were exhausting their cash reserve to reduce share count through stock buybacks. (3-0)

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