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Business highlights

New Delhi, Jan 31 () Following are the top business stories at 1838 hours

DEL108 BIZ-2NDLD SUR…

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Wipro Q3 net profit dips 2.17 pc to Rs 2,456 cr

New Delhi, Jan 14 () IT services major Wipro on Tuesday posted 2.17 per cent dip in consolidated ne…

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Wipro appoints Theirry Delaporte as new CEO after his 25 year stint with Capgemini

IT major Wipro on Friday announced the appointment of Thierry Delaporte as the Chief Executive Offi…

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Wipro Ventures sets up USD 150 mn Fund ll to invest in enterprise software cos

New Delhi, Jan 16 () Wipro Ventures, the strategic investment arm of Wipro Limited, on Thursday sai…

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Wipro takes $14-16 million Covid-19 hit in Q4 skipping guidance and increments

The pressure of the pandemic has started to reflect in fourth-quarter earnings of IT giant Wipro.…

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Wipro founder Azim Premji to retire, son Rishad to take over

Premji Senior will continue to be on the board of the company. He had served as the executive ch…

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Tech Mahindra, Wipro and Dr Reddy’s Labs — only 3 Indian companies made it to Bloomberg Gender Equality Index

Homegrown IT giants — Tech Mahindra and Wipro — are the only Indian companies after Dr. Reddy Labor…

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Donald Trump may have to order samosas next time he meets all-American tech CEOs, quips Anand Mahindra

IBM — one of America’s oldest tech companies — has been setting standards in diversity in its …

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Wipro to trim away some managerial layers for a leaner structure

Neemuchwala has put together a dedicated team to focus on this leaning exercise, which would help i…

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Wipro’s profit grows faster than TCS and Infosys — but it’s share buybacks and new deals keeping hopes up for IT investors

IT major Wipro’s first quarter net profits grew by 12.6% to ₹23.9 billion as compared to that of …

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Accenture had to re-train 17,000 employees because automation ate their jobs

The threat of automation replacing traditional jobs is increasingly becoming a pressing concern for…

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Billionaire Sunil Mittal got wealthier while Airtel lost a million users every 3 months for a year⁠— here’s why

This, despite the fact that his telecom major, worth ₹2.8 trillion today, has been losing a …

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Britain’s new FM Rishi Sunak is a ‘first generation immigrant’ with family ties to Narayana Murthy, a doyen of Indian IT

The 39-year old Indian-origin leader — who was one of the early supporters of Johnson — joined p…

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Here’s why TCS needs to be cautioned about Wipro’s intentions

Chopra has been the global head of strategy for infrastructure services at TCS and has spent nearly…

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Four Indian corporations among companies urging world leaders for net-zero recovery from COVID-19

"We must move beyond business-as-usual and work together in solidarity to deliver the greatest impa…

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TCS, Infosys, HCL Tech, and Wipro have different reactions to the slowdown in banking, financial services, and insurance

HCL Technologies was the only Indian IT company this quarter to report double-digit growth of banki…

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The inside story of how Escorts turned around to become a nearly ₹10,000-crore company

The share price of Escorts surged nearly 7% on Thursday (January 30) as investors cheered a surpris…

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Wipro posts 20% rise in Q4 net profit at Rs 2,303.5 crore; re-appoints Azim Premji as Chairman

Wipro posts 20% rise in Q4 net profit at Rs 2,303.5 crore; re-appoints Azim Premji as Chairman

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Indian IT firms like Infosys, Wipro, HCL want to seal larger deals worth over $500 million only on one condition

Recently, Wipro CEO Abidali Neemuchwala had stated that his company will go for the kill if opportu…

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Worsening situation? Infosys, Wipro to cut jobs; middle-level employees to be worst hit

As per reports, Infosys may ask around 1,000 employees in job level 6, which comprises grou…