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3 mins read
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 …
2 mins read
IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore
Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…
2 mins read
Sensex, Nifty fall for second straight session; Nestle jumps 4%
Equity benchmark indices, the Nifty and the Sensex, declined for the second consecutive session on …
2 mins read
Nifty, Sensex in the red for 2nd day running tracking weak global cues
Equity benchmark indices, the Nifty and the Sensex, declined in early trade on Thursday, falling fo…
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…
3 mins read
Tech stocks zoom despite tough times ahead as TCS meets street estimates
Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…
3 mins read
Wipro CEO says dollar revenue will grow 2-4% in the next three months
Wipro’s management guidance for the March quarter is that the revenue from its IT services business…
4 mins read
TCS, Wipro & Infosys saw a massive selloff after Walmart & Target’s revenues fell — explaining the domino effect
Azim Premji owned Wipro fell by 5.7% on May 19 to touch its lowest point yet in a year. HCL and Inf…
5 mins read
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 …
2 mins read
Wipro acquires packaged food and spices brand Nirapara
Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acqui…
PTI
3 mins read
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…
2 mins read
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…
5 mins read
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…
1 min read
Wipro shares climb nearly 3%; mcap jumps ₹5,933 cr
Shares of Wipro climbed nearly 3 per cent on Friday after the company's board announced a share buy…
PTI
5 mins read
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…
4 mins read
Sensex, Nifty50 edge up in morning trade led by banking and realty stocks
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Monday despite mixe…
2 mins read
Wipro posts stable quarter — profit rises 3.2% with revenue guidance of 1.5% to 3.5% over the next three months
Wipro saw its profits gain 3.2% over the last three months to hit ₹2,466 crore. Revenue also recove…
2 mins read
Sensex, Nifty50 halt 9-day rally, Infosys slumps over 9%
Equity benchmark indices Sensex and Nifty buckled under selling pressure after nine-session rally o…
PTI
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 …
2 mins read
Wipro has clocked in its highest margin in over five years
Wipro has posted a strong performance in its third-quarter earnings as its business grew across ver…