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2 mins read
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
2 mins read
Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%
At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…
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Ready for AI-driven future, says Wipro as it commits to $1 billion investment
Indian IT giant Wipro has pledged $1bn to enhance its artificial intelligence (AI) capabilities ove…
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IT demand is ‘normalising’ after pandemic highs, says Wipro CEO
Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…
3 mins read
Wipro's first quarter show points to multiple battles ahead
Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…
3 mins read
Wipro clocks 12% net profit in Q1; attrition rate falls
Wipro has reported a consolidated net profit for Q1FY24 at Rs 2,870 crore. The IT major has guided …
2 mins read
As markets start to turn, consulting will be first to pick up: Wipro CEO
Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…
5 mins read
Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback
Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…
6 mins read
TCS retains No 1 spot as India’s top brand but tech sector takes a hit
The combined value of Kantar BrandZ’s top-75 Indian brands shed 4% of their value to $379 billion i…
2 mins read
Sensex and Nifty close lower with mixed performance
On a day marked by fluctuations, the Indian stock market closes in red on Tuesday. The BSE Sensex, …
ANI
3 mins read
Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks
Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …
5 mins read
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
2 mins read
Wipro CEO expects revenues to rebound in the next few quarters
After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…
2 mins read
Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3
Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…
2 mins read
Zoho to double down R&D but keep tech hiring ‘slow’
Sridhar Vembu of Zoho said that no other company has built a billion dollar product company in Indi…
4 mins read
Wipro’s net profit drops 17% drop in Q1 as recession fears grip its non-US clients
Indian IT services major Wipro reported a 17% sequential drop in its net profit on recession fears.…
6 mins read
Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution
Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…
3 mins read
Azim Premji and Shiv Nadar lose $20 billion of their personal wealth – thanks to the Great Indian IT meltdown
Fears of a global economic slowdown – worse yet, a recession – have caused a meltdown in IT compani…
3 mins read
Responsible innovation, reskilling needed as tech cos embrace Gen AI: Industry experts
With generative artificial intelligence set to impact operations in businesses, industry experts em…