Tag: COFORGE
-
Currency Depreciation Favours IT Firms as Earnings Season Approaches
IT companies are poised to overcome seasonal challenges, benefiting from currency depreciation. HCLTech is expected to lead revenue growth, while TCS and Wipro might experience declines. Analysts emphasize the significance of upcoming earnings reports, discretionary spending trends, and technological advancements, particularly in Generative AI, for the sector’s recovery. Amid challenges typical of the December quarter,…
-
Companies News Today: An Insight into Financial Trends and Company Strategies
This article provides an overview of the business updates on November 29, 2024, focusing on the surprising trend of lenders showing interest in weaker companies. It also discusses venture capital shifts in India and the ambitious revenue targets set by IT service firms, reflecting broader changes in the corporate landscape. On November 29, 2024, the…