Wipro, HCL Tech pull IT stocks in red but CLSA remains bullish — here's why The S&P BSE IT was also trading in the red dragged by L&T Infotech which shed 2 percent followed by NIIT Tech, Persistent Systems, Midntree and L&T Tech.
Tech stocks outperform Nifty, Sensex as rupee tumbles to 8-month low; Infosys, TCS rake in the most Many technology companies export their services and earn money in dollar terms, hence any fall in rupee against greenback is always favourable to these companies.
Top 15 stocks in which foreign investors raised stakes in June qtr; do you own any? Lately, however, FPIs have been on a selling spree withdrawing around 25,000 crore from cash market since the budget on July 5. DIIs, on the other hand, buying shares worth over Rs 30,000 crore.
Debashis Chatterjee appointed new Mindtree CEO with effect August 2 Prior to Mindtree, Chatterjee was the President, Global Delivery and Global Leader for the Digital Systems and Technology practice at Cognizant for 22 years
L&T Chairman AM Naik says Mindtree enhances asset-light portion of group’s business Around 10 percent of L&T’s revenues come from IT and its Technology Services division, which will now increase substantially with the acquisition of Mindtree.
Stocks in the news: Zee Entertainment, Eicher Motors, Wipro, Ashok Leyland, HDFC Eicher Motors | Wipro | Ashok Leyland | IndiaMart InterMesh | Unichem Labs and Ajanta Pharma are stocks which are in the news today.
Stocks in the news: Zee Entertainment, Eicher Motors, Wipro, Ashok Leyland, IndiaMart Eicher Motors | Wipro | Ashok Leyland | IndiaMart InterMesh | Unichem Labs and Ajanta Pharma are stocks which are in the news today.
Top buy and sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term Sudarshan Sukhani of s2analytics.com recommends buying Mindtree with stop loss of Rs 702 and target of Rs 725 and Pidilite Industries with stop loss at Rs 1215 and target of Rs 1255.
Former Cognizant exec Debashis Chatterjee to take over as Mindtree CEO on August 1: Report Chatterjee was the executive vice president and president, global delivery, in Cognizant before he quit in May after serving the company for 23 years.
Missing CCD founder VG Siddhartha disappearance raises more questions than answers Coffee business is seeing a turnaround after Siddhartha sold this stake in Mindtree for Rs 3000 crore and reportedly in talks with the US-based Coca-Cola to sell his CCD chain. Siddhartha was looking at a valuation of Rs 8000 crore -Rs10,000 crore, according to an ET report.