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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…

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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…

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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…

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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 …

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Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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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…

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The 2024 Great Unbossing — Desi Edition: How is global trend of firing mid-level managers taking shape in India

The idea of unbossing, or firing middle-level management in a bid to have flatter reporting structu…

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Wipro shares tank nearly 9% after earnings announcement

At the NSE, it tumbled 8.79 per cent to Rs 508.20 apiece. Wipro on Friday posted a 4.6 p…

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Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations

Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…

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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 …

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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…

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Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates

Infosys has cut its revenue guidance for the financial year by more than half. The company said on …

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Hiring in the IT sector plunges by 66% in FY23

Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…

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Wipro Q2 net profit rises 3.7% to ₹2,659 cr sequentially, but isn’t as optimistic about Q3

IT services major Wipro today reported a 3.7% sequential increase in its second quarter net profit …

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Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector

Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…

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Wipro showcases best Q4 results in a decade and eyes double digit growth next year

Wipro just posted its best-ever fourth quarter results in a decade, according to CEO Thierry Delapo…

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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.…

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Recession in the US may cool off attrition in IT sector along with revenues

After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…