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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.…
3 mins read
After Wipro, Infosys showing exit doors to freshers in Bengaluru say sources
After corporate giant Wipro showed the exit door to hundreds of freshers who failed to pass the tes…
2 mins read
70-plus Indian startups show exit door to 21K techies, more pink slips coming
As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…
3 mins read
Wipro’s share price dips by over 6% after earnings — analysts believe it will take a while to catch up to TCS and HCL Technologies
Wipro’s share price hit a 52-week high on Monday of ₹379 per share. So far this year, the stock …
3 mins read
Freshers feel the heat as IT majors put onboarding on indefinite hold
There is uneasiness among a major section of students whose onboarding process has been delayed by …
4 mins read
IT biggies post 14-20% topline growth in Q3 as caution, optimism marks mixed earnings' commentary
The industry leaders said they are keeping a close watch on the global economy and cues. O…
PTI
2 mins read
Wipro's share price jumps by over 1% after $117 million acquisition of Australian cybersecurity firm Ampion
The India IT major’s share price was up by 1.8% as markets opened today morning but settled at a…
3 mins read
A new CEO, Brexit and supply-side exposure may leave Wipro’s Q1 earnings more dented than others
Wipro is set to report its first-quarter earnings on 14 July, and with other IT services companies …
2 mins read
ICICI Pru Life Q2 net declines 55% to ₹199 cr
ICICI Prudential Life Insurance Company (ICICI Pru) on Saturday reported over 55 per cent dip in it…
PTI
1 min read
Wipro teams up with Intel to cash in on the increasing demand for work from home
Wipro has entered a new partnership with Intel in the backdrop of more demand from clients looking …
3 mins read
Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes
The March quarter earnings season will begin next week with the results of major information techno…
3 mins read
Tech Mahindra, HCL Tech, Wipro and likes are hoping global 5G race resumes next year — bringing some large deals before that
Indian IT companies were betting on 5G to fill their coffers this year until the coronavirus pandem…
1 min read
Wipro CEO Abidali Neemuchwala resigns, board starts search for successor
New Delhi, Jan 31 () IT services major Wipro on Friday said its CEO and Managing Director Abidali Z…
PTI
2 mins read
Wipro management pins hope on wider margin and new clients while revenue takes a dip
Wipro’s revenue plummeted by 5.3% in its first quarter of 2020-21 but its profits were up by 2.1% q…
3 mins read
TCS, Infosys, HCL Tech and Wipro open up lateral hiring as more people walk out the door during the COVID-19 pandemic
Every major Indian IT tech company decided to go slow on hiring or suspended hiring altogether at e…
2 mins read
TCS and Wipro lead rally in IT stocks after TCS CEO announces multi-year 'technology transformation' cycle in the works
IT stocks continue to rally for a second week after India’s top IT services company announced that …
4 mins read
Hiring at Infosys and Tech Mahindra is down at least 40% in line with the trend in top five IT firms— and it's not just because of COVID-19
Experts opine that the fall in job creation …
1 min read
OnePlus Watch will be launched early next year, says Pete Lau
OnePlus CEO Pete Lau has confirmed that the company is working on a smartwatch that will be release…
5 mins read
TCS, Infosys and HCL Tech will show a good quarter but Wipro’s earnings will outshine them all — here’s why
India’s top software exporters like TCS, Infosys and HCL Technologies are likely to see their dream…
3 mins read
A recession could end the Great Resignation and cut workers' bargaining power, warn business leaders at Davos
Employees have been using pandemic upheaval to demand higher wages and better conditions, but an ec…