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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…

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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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TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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Sensex declines 352 points on profit taking, weak global trends

Closing in the red for the second straight session, benchmark Sensex on Monday declined 352 points …

PTI   


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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…

PTI   


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Stock market 15th July: HCL Tech, Shri Ram Finance take lead in early trade as Nifty, Sensex open in green

During early morning trade, HCL Tech, Ultratech cement, Shri Ram Finance, ONGC, and Wipro took the …

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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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Stock market today: Nifty, Sensex open in green; Wipro, Tech Mahindra take lead in early trade

During early morning trade, Eicher Motors, Wipro, Tech Mahindra, HCL Tech and ONGC were leading, wh…

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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'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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Stock markets fall for 5th day; Sensex plunges 617 points

Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Thursday, continuing their …

PTI   


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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 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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Slowdown in FMCG market bottomed out, rural markets show signs of improvement: HUL

FMCG major Hindustan Unilever on Thursday missed market expectations with a 10% rise in net profit …

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Global stocks rally even as Sensex, Nifty fall sharply on Friday

BSE Sensex witnessed losses exceeding 600 points on Friday due to selling pressure in financials an…

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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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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.…

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Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr

Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valuat…

PTI   


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Wipro lays off over 400 freshers for poor performance

IT giant Wipro has laid off more than 400 fresher employees for poor performance in internal assess…

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Worsening client profitability to impact IT demand says Jefferies

The decline in revenue in the IT sector during the fourth quarter was primarily attributed to a dec…