
Business environment good, demand for IT services is strong: Wipro
"We continue to close large, transformational deals and see rapid expansion in small and mid-sized deals as well," says CEO & managing director Thierry Delaporte.
"We continue to close large, transformational deals and see rapid expansion in small and mid-sized deals as well," says CEO & managing director Thierry Delaporte.
The software services company clocked a 22.9% jump in consolidated revenues to ₹31,867 crore for the third quarter.
The growth will be spread across services sectors, with travel and tourism the only exceptions
Reverse migration owing to Covid making smaller cities attractive, claims study.
Companies have already doubled their budget allocations towards reskilling and upskilling programmes. The share of expenses for such projects will only go up from here on, say industry experts.
Indian tech companies are on a hiring spree. But, experts argue, the supply of good talent is far less than the demand.
Nirmala Sitharaman—who met Infosys CEO Salil Parekh on Monday—conveyed the “deep disappointment and concerns” of the government and the taxpayers about the continuing glitches in the e-filing portal.
Pandemic-driven demand for IT services globally has brought a rich deal pipeline to India's biggest IT firms. Digital transformation in BFSI, retail, and healthcare bodes well for the future.
The IT major is looking to ramp up its cloud services portfolio with an investment of $1 billion over the next three years.
The Bengaluru-based firm will hire 12,000 freshers in FY22, while it expects revenue from its IT services business to be in the range of $2.53 bn to $2.58 bn in Q2, up 5% to 7% quarter-on-quarter.