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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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Stock market today: Sensex, Nifty open cautiously post-budget, ITC, Titan take lead in early trade on 24th July, 2024

All broad market indices, except for Nifty50 and India VIX, opened the day in green. Nifty microcap…

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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 wants some freshers to clear this new programme or face termination

Bengaluru-based IT services company Wipro now requires some freshers to clear Project Readiness Pro…

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Infosys delays onboarding of 2,000 graduates for more than 2 years, NITES files complaint

The Nascent Information Technology Employees Senate (NITES) lodged a complaint against Infosys for …

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Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey

Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…

ANI   


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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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Auto and banking stocks drive Sept quarter earnings as market gurus upgrade FY24 estimates

Earnings of India’s top 50 listed companies delivered stellar earnings during the September quarter…

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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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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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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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IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs

Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…

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Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance

IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…

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HCL Tech cuts FY24 revenue growth guidance to 5-6%

IT company HCL Technologies on Thursday posted a 9.9 per cent increase in consolidated net profit t…

PTI   


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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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FPIs pump ₹9,677 crore into financial services and auto stocks in April

Foreign portfolio investors (FPI) have started FY24 on a positive note, with strong inflows observe…

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It took less than 24 hours for the attacks on Kamala Harris to get deeply sexist and extremely ugly

GOP members have swung into action and started criticizing Harris on everything from her race, to h…

Aditi Bharade   


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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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Gap between IT sector’s leaders and laggards to widen further in FY24, says Kotak Institutional Equities

The gap between the leaders and laggards in the Indian IT sector is expected to widen further in FY…

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TCS flags pain in US markets, says banking sector crisis has led to cuts in discretionary spending

Indian IT bellwether Tata Consultancy Services (TCS) struck a note of caution and flagged concerns …