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Infosys reports record $7.13 billion deal wins raises revenue guidance after its best December quarter in eight years
Infosys reports record $7.13 billion deal wins raises revenue guidance after its best December quarter in eight years
Rounak JainJan 13, 2021, 18:20 IST
Infosys reported record $7.13 billion deal wins in the December quarterIANS
Infosys more than doubled its deal wins in the December quarter, setting a new record with $7.13 billion deal wins.
India’s second-largest IT services company has clocked in a 7.3% rise in its third-quarter profit, while margins stood at 25.4%.
Digital revenues accounted for over half of its total revenues, with a growth of 31.3%.
Infosys has also raised its revenue guidance for FY21 to 4.5-5%. Infosys delivered another blockbuster quarter, led by its largest-ever deal wins so far worth $7.13 billion in the December quarter with digital revenues accounting for over half of its total revenue.
Wipro reported the best margins in over five years, led by an improved revenue growth trajectory. It also signed its first billion-dollar deal under Thierry
India may be considering a COVID cess on high income earners aside from more levy on fuel
India may be considering a COVID cess on high income earners aside from more levy on fuel
Rounak JainJan 11, 2021, 15:34 IST
Representational image.Pixabay
COVID cess to help increase revenue ahead of
Budget 2021. A call on the new cess or surcharge is likely to be taken in the coming weeks.
According to an ET report, preliminary talks on revenue-raising measures include a cess on high income earners, as well as additional levy on fuel.
States have been facing pressure in revenues because of economic slowdown and corporate tax cuts, which means that the government is stretched to meet its spending needs.
: Monday, January 11, 2021, 10:32 PM IST
From a small town in West Bengal to 15.6 million subscribers on YouTube: FactTechz aka Rajesh Kumar s journey to fame
Rajesh Kumar, popularly known as FactTechz, is an Indian YouTuber with around 15.2 million subscribers and growing.
From a small town in West Bengal to 15.6 million subscribers on YouTube: FactTechz aka Rajesh Kumar s journey to fame
Rajesh Kumar, popularly known as FactTechz, is an Indian YouTuber with around 15.2 million subscribers and growing.
Hailing from a small town in West Bengal, this 20-year-old YouTube star has created a one of a kind channel, which has over 300 videos, catering to various interesting topics related to scientific facts, tech, mystery theories, culture, astronomy and more. Known for the unique voiceover and engaging visuals, FactTechz is the first Indian YouTube channel to cross a million subscribers in less than a year.
TCS says this was their strongest autumn in nine years thanks to COVID
Rounak JainJan 8, 2021, 19:55 IST
Tata Consultancy Services (TCS) announced Q3 resultsIANS
Tata Consultancy Services announced its December quarter results, posting double-digit growth of 16.4% in its overall profit.
This is the strongest December quarter for TCS in nine years, thanks to COVID-induced acceleration in tech adoption.
TCS also announced an interim dividend of ₹6 per share, adding to the ₹12 per share dividend announced in the September quarter.Tata Consultancy Services (TCS) has beaten market expectations and delivered another winning performance in the quarter ending December 2020. It reported its strongest third quarter results in nine years, thanks to COVID-induced acceleration in tech adoption.