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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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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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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…

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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…

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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…

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Wipro wins five-year contract with Europe’s third-largest producer of clean electricity

The announcement comes after CEO Thierry Delaporte remarked that Wipro was still looking for mor…

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Sensex hits new all-time high amid F&O expiry, hopes of slowdown in US rate hikes

India’s benchmark indices scaled new highs on Thursday, amidst the expiry of the monthly futures an…

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Sensex, Nifty50 rise in morning trade driven by auto and banking stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Monday amidst posit…

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Infosys faces backlash over new clause restricting employees from finding a new job

NITES union has lodged a complaint against Infosys seeking removal of their newly imposed non-compe…

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4 mins read

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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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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India's mfg PMI hits 3-month high in Nov amid expansion in production, slowdown in inflation: S&P

Manufacturing activities in India touched a three-month high in November as new orders and exports …

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Not only companies, but employees too find moonlighting ‘unethical’: Indeed report

A new Indeed report reveals that 81% of the employees don’t wish to take up another job alongside t…

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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…

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Assam NRC data: Wipro says IT services contract not renewed after October 2019

In an e-mailed statement, the Bengaluru-based company said it had continued to pay the hosting serv…

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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, InterGlobe Aviation and other top stocks to watch out for on September 20

Announced setting up a new co-innovation space with Google Cloud. It will be based in Bengaluru …

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1 min read

Wipro's profit and margin fall even as its digital business grows

However, on a yearly basis, the company’s operating profits have fallen by 5%. IT services …

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Indian government wants its IT hardware industry to be as globally successful as TCS, HCL Tech and Infosys — announces PLI scheme worth ₹7,250 crore

The Indian government’s aim is to make Indian IT hardware as successful as Indian IT services — whi…