IT Sector

Management indicated that clients continue to prioritise large-scale transformation projects, limiting discretionary spending. ACN expects FY24 Adj. Ebit margin to be 15.5% (was 15.5-15.7%).

Central Bank, founded in 1902, manages over $20 billion in assets and serves more than 150 facilities in 78 cities in Missouri, Kansas, Illinois, and Oklahoma.

TCS, with a market capitalisation of ₹15 Lakh Crore, is India's second most valuable listed company after Reliance Industries (RIL).

INFO remains analysts of IIFL Capital Services' only BUY rated largecap name. Their 12-month TP is pegged at 22x 2YF EPS, as they forecast 9%/13% USD cc revenue/EPS Cagr over FY24-26.

Promoters Srinivasan K Swamy and Narasimhan Krishnaswamy will be selling a significant portion of equity shares through OFS

On March 1, Google issued a warning, stating that if ten Indian businesses don't pay a service charge to utilise its Play Store platform.

Garuda, a Large Language Model (LLM), will focus on preserving Bahasa Indonesia, the official language, and local dialects of Indonesia.

Paytm has recovered its losses to trade 20% above the 52-week low of ₹318, which was reached on February 16.

Directions issued to five of the 25 noticees in the interim order remain unchanged in the confirmatory order.

As stated by Wipro, the new technology would help businesses increase their operational efficiencies because of its speed, security, and AI-driven automation.