
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%.
Wipro joins the likes of Google, Microsoft, Meta and Amazon; the company’s Q3 FY23 attrition rate stood at 21.2%.
Post December quarter results, the majority of experts remained bullish on Wipro shares and recommended ‘Buy’ ratings.
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.
Indian IT firms generate around 60-65% of its revenues from the US market and 20-25% from the European market.
Employment and retrenchment including lay-offs are a regular phenomenon in industrial establishments, says Minister of State for Labour & Employment Rameshwar Teli.
The acquisition comes after Wipro’s announcement of its foray into the food biz in India. Deal to help it become a significant player in the snack food, spices, and ready-to-cook market.
The domestic IT industry, which rode on the pandemic-led digitisation, is bracing for a slowdown as the U.S. and Europe stare at recession. Will this crisis lead to new opportunities?
Lord Venkateswara temple in Tirupati city of Andhra has assets worth ₹2.5 lakh crore, which include gold deposits in banks, gold jewellery, bank deposits and land parcels spread across India.
IBM India MD Sandip Patel says a second job – full-time, part-time, or contractual – is a failure to comply with IBM’s employment obligations.
The board of Infosys on Thursday approved to buyback of 5.02 crore equity shares of the face value of ₹5 at ₹1,850 per share for about ₹9,300 crore.