Wipro chairman Rishad Premji takes 50% salary cut
As net profit for FY23 was negative, Wipro determined that no commission was payable to Rishad Premji
wipro
May 2023
April 2023
March 2023
January 2023
December 2022
Wipro jumps 4% on ₹12,000-crore share buyback plan
The IT major was the top gainer on the BSE Sensex as investors cheered the buyback of 26.96 crore shares at a premium of 19%.
IT majors TCS, Infosys, Wipro rise on robust Q4 from peer HCL Tech
HCL Tech shares climbed over 3% in early trade, whereas TCS, Infosys, and Wipro gained nearly 1% on the BSE.
IT Q4 results preview: Here’s what analyst expects from Infosys, Wipro
There will be no change in relative positioning despite worsening macros as it has not translated to client cutting spending on existing projects, says ICICI Securities.
US bank collapses to hit Indian IT companies severely
Bernstein downgrades Wipro and LTTS while JP Morgan has remained underweight on the Indian IT sector.
Wipro sacks 452 freshers over poor performance
Wipro joins the likes of Google, Microsoft, Meta and Amazon; the company’s Q3 FY23 attrition rate stood at 21.2%.
Is Wipro a Buy after Q3 results?
Post December quarter results, the majority of experts remained bullish on Wipro shares and recommended ‘Buy’ ratings.
Infosys stock rises as Q3 beats estimates; HCL falls 3% on cutting guidance
The BSE IT index witnessed broad-based selling, with most of sectoral heavyweights such as TCS, Wipro, HCL Tech, and LTIMindtree reeling under selling pressure.
Global macro headwinds may moderate growth for Indian IT firms: Report
Indian IT firms generate around 60-65% of its revenues from the US market and 20-25% from the European market.
Govt weighs in on moonlighting, says staff shouldn't work against employer's interest
Employment and retrenchment including lay-offs are a regular phenomenon in industrial establishments, says Minister of State for Labour & Employment Rameshwar Teli.
