Wipro shares skid 3% after Jatin Dalal resigns as CFO
Wipro has appointed Aparna C Iyer as the chief financial officer with effect from September 22, 2023.
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Nadar, Premji, Infy Co-founders Richest in IT
The richest billionaire from the sector is Shiv Nadar of HCL Tech, followed by Wipro’s Azim Premji.
Should you buy, sell or hold Wipro shares post Q1 results?
Brokerages have turned bearish on the stock after the IT heavyweight reported lower than expected earning in the June quarter.
After Infosys’ Topaz, Wipro launches AI platform ai360; plans $1 bn investment
Wipro to train 2.5 lakh employees on AI, its responsible use; ai360 to integrate AI into "every platform, every tool, and every solution”
TCS, HCL Tech shares trade flat ahead of Q1 results; here’s what to expect from IT majors
The IT heavyweights are expected to report weak earnings in June quarter with flattish sequential growth in CC terms due to soft demand outlook with limited large deal ramp ups.
Why IT stocks are under stress despite weak rupee
Shares of TCS, Infosys, Wipro, HCL Technologies, and Tech Mahindra fell up to 2%, in sync with a weak broader market.
IT stocks under stress as JP Morgan reiterates 'negative' stance; Infy, TCS lead fall
The brokerage expects most IT services firms to miss current expectations and placed Infosys, TCS and MphasiS on negative catalyst watch
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 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.
