Infosys, HCLTech reduce revenue guidance for this fiscal; TCS asks all employees to work from office; more

Infosys said revenue will grow between 1 per cent to 2.5 per cent in the year through March 2024, down from the 1-3.5 per cent range it had given in July.

The tweaking of the FY24 revenue outlook by Infosys comes on a day when HCLTech reduced revenue growth guidance for the full year.

HCLTech has guided for a range of 5-6 per cent from 6-8 per cent projected at the end of the June 2023 quarter. 

IT services company TCS has asked its 6.14 lakh-plus employees to work from offices, ending the practice of remote working that started due to the pandemic.