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HCLTech

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Last Updated: Just Now
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Markets, IPOs & Wealth Just now (08:38 AM IST)

Jefferies Turns Bearish on TCS, Wipro and Six Other IT Stocks Ahead of Q2 Results

Jefferies has taken a cautious view on India’s information technology sector ahead of second-quarter earnings, warning that growth is likely to remain modest and increasingly dependent on acquisitions rather than broad-based demand recovery. The brokerage sees large-cap IT names under pressure, with TCS, Wipro and HCLTech among the stocks facing underperform calls, while Infosys retains a hold rating and mid-sized firms are expected to fare better.

By RDU Global Wire6 min read
National Governance & PolicyJust now (07:34 PM IST)

J&K Apple Growers Face New Price Risk as State Safety Net Recedes

Apple growers in Jammu and Kashmir are confronting sharper price exposure after the withdrawal of a support scheme that had helped stabilize farmgate sales. With private traders now the main route to market, growers are more vulnerable to volatile prices, delayed payments, and weaker bargaining power. The shift carries wider implications for rural incomes and the region’s horticulture-dependent economy.

5 min readRead →
Banking, Fintech & InsuranceJust now (03:11 PM IST)

Banks to Remain Open on September 28 as Strike Is Deferred After Union-IBA Talks

Banks across India are expected to operate normally on September 28 after the proposed strike by bank unions was deferred following discussions with the Indian Banks’ Association. The development eases immediate disruption fears for customers, though branch-level timings and local arrangements may still vary. A high-level committee is set to be formed to examine unresolved demands, including the long-standing issue of Saturday holiday declarations, signalling that the broader labour-management dispute remains active.

4 min readRead →
Startups & Venture Capital11 Oct 2026, 07:31 AM IST

US Moves to Tighten Green Card Access for Microsoft and Indian IT Firms Amid Abuse Allegations

The US government is suspending permanent residency applications for foreign workers at companies including Microsoft, Cognizant, Infosys, TCS and HCLTech, in a move tied to allegations of abuse in the immigration process. The decision could deepen uncertainty for thousands of skilled employees in the technology sector and sharpen scrutiny of how large employers use employment-based green card pathways.

6 min readRead →
Startups & Venture Capital10 Oct 2026, 03:31 AM IST

US Moves to Bar Microsoft, Indian IT Firms From Green Card Applications Over Alleged Abuse

The US government is suspending permanent residency applications for foreign workers tied to companies including Microsoft, Cognizant, Infosys, TCS and HCLTech, amid allegations that the process has been abused. The move raises fresh uncertainty for Indian technology workers in the United States and could intensify scrutiny of large-scale employer-sponsored immigration pathways.

6 min readRead →
Startups & Venture Capital11 Oct 2026, 10:15 AM IST

US Tightens Green Card Access as TCS Posts 15% Profit Jump

The United States has moved to bar Microsoft and several Indian IT firms from a green card programme, a development that could complicate long-term talent mobility for one of India’s most globally integrated sectors. The policy shift lands as Tata Consultancy Services reported a 15% rise in quarterly net profit and 11.2% revenue growth, underscoring the resilience of India’s largest IT exporter even as regulatory risks intensify.

6 min readRead →
Macro Economy & Fiscal Policy05 Oct 2026, 10:14 AM IST

TCS, Infosys in Focus as Accenture Beats Q4 Estimates and Lifts Outlook

Indian IT stocks came under the spotlight on Friday after Accenture reported stronger-than-expected fourth-quarter revenue and issued guidance that topped market estimates, reviving hopes of a gradual recovery in discretionary technology spending. The read-through is positive for TCS, Infosys and peers, but analysts caution that pricing pressure from artificial intelligence and a still-muted demand backdrop could leave Indian IT firms with their weakest second-quarter growth in three years.

5 min readRead →

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