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'No bulk hiring anytime soon' as IT firms tread precarious ground

TCS and Infosys did most of the net hiring in the last financial year, followed by Tech Mahindra while Wipro added very few people

'No bulk hiring anytime soon' as IT firms tread precarious ground
Updated On : 25 Apr 2025 | 9:27 PM IST

IT companies using AI, GenAI to reduce client costs as budgets squeeze

This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side

IT companies using AI, GenAI to reduce client costs as budgets squeeze
Updated On : 21 Apr 2025 | 10:34 PM IST

TCS, Infosys, Wipro: Should you buy IT stocks post Q4FY25 results?

Technical charts suggest that IT major shares - Infosys, TCS and Wipro can potentially bounce back up to 18% from present levels; here are the key levels to watch out for.

TCS, Infosys, Wipro: Should you buy IT stocks post Q4FY25 results?
Updated On : 21 Apr 2025 | 11:29 AM IST

Wipro Q4 FY25 results: Net profit up 25.9% to Rs 3,570 cr; misses estimates

CEO Srinivas Palia blames tariff war and macro woes for revenue slide

Wipro Q4 FY25 results: Net profit up 25.9% to Rs 3,570 cr; misses estimates
Updated On : 18 Apr 2025 | 12:05 PM IST

IT major Wipro to remain cautious on fresher hiring in this fiscal

Voluntary attrition rose to 15 per cent from 14.2 per cent a year earlier

IT major Wipro to remain cautious on fresher hiring in this fiscal
Updated On : 18 Apr 2025 | 12:05 PM IST

Outlook for Wipro trimmed after weak guidance, muted Q4 revenue show

India's fourth largest software company continues to underperform compared to peers

Outlook for Wipro trimmed after weak guidance, muted Q4 revenue show
Updated On : 18 Apr 2025 | 12:04 PM IST

Infosys slips 2% ahead of Q4 results; analysts expect muted guidance

Infosys stock was quoting at ₹1,385, down 1.99 per cent compared to previous day's close of ₹1,413.10 on the National Stock Exchange

Infosys slips 2% ahead of Q4 results; analysts expect muted guidance
Updated On : 17 Apr 2025 | 11:33 AM IST

Stocks to Watch Today, April 17: Wipro, Paytm, Hero MotoCorp, Angel One

Stocks to Watch Today, April 17: Wipro, DLF, Paytm, Hero MotoCorp, Angel One are some of the top stocks to watch today

Stocks to Watch Today, April 17: Wipro, Paytm, Hero MotoCorp, Angel One
Updated On : 17 Apr 2025 | 8:25 AM IST

Wipro Q4 result 2025: Net profit zooms 26% to ₹3,570 cr; dividend declared

Wipro Q4 FY25 result: The interim dividend of ₹6, declared by the Board in January will be considered as the final dividend for FY25

Wipro Q4 result 2025: Net profit zooms 26% to ₹3,570 cr; dividend declared
Updated On : 16 Apr 2025 | 4:04 PM IST

Q4 results today: Wipro, Reliance Infra among 10 to post results on Apr 16

Q4 FY25 results today, April 16: Wipro, Angel One, and Reliance Infra to release earning report for the January-March quarter

Q4 results today: Wipro, Reliance Infra among 10 to post results on Apr 16
Updated On : 16 Apr 2025 | 9:36 AM IST

Wipro shares in focus ahead of it's Q4 results tomorrow; check expectations

Seasonal weakness in consulting and a fall in demand during the quarter will likely impact the IT bellwether's top line

Wipro shares in focus ahead of it's Q4 results tomorrow; check expectations
Updated On : 15 Apr 2025 | 2:34 PM IST

IT major Wipro eyes GCC service line in bid to catch up with peers

Wipro will help multinational companies set up their GCCs in India, operate and then transfer the entity back to the parent company - popularly known as the BOT model - after a few years

IT major Wipro eyes GCC service line in bid to catch up with peers
Updated On : 14 Apr 2025 | 12:10 AM IST

IT stocks under pressure: Nifty IT slips 7% on fears around recession

The Nifty IT index plunged amid recession-related fears due to US imposing 'reciprocal tariffs' on trading partners without showing signs of backing down

IT stocks under pressure: Nifty IT slips 7% on fears around recession
Updated On : 07 Apr 2025 | 12:55 PM IST

Wipro rises 2% on securing 10-yr deal of GBP 500 million from Phoenix Group

The northward move in Wipro share price came after it won a £500 million, 10-year strategic deal with Phoenix Group, the UK's largest long-term savings and retirement business

Wipro rises 2% on securing 10-yr deal of GBP 500 million from Phoenix Group
Updated On : 27 Mar 2025 | 11:32 AM IST

IT major Wipro bags £500 million, 10-year deal with UK's Phoenix Group

As part of this transformational initiative, a number of Phoenix employees will transition to Wipro. The exact number of employees being transferred to Wipro was not disclosed

IT major Wipro bags £500 million, 10-year deal with UK's Phoenix Group
Updated On : 26 Mar 2025 | 11:19 PM IST

Wipro shares rise after launching new AI services to drive innovation

Wipro's stock rose as much as 3.11 per cent during the day to Rs 273.95 per share, the biggest intraday gain since March 3 this year

Wipro shares rise after launching new AI services to drive innovation
Updated On : 20 Mar 2025 | 11:30 AM IST

Wipro, Tech Mahindra, L&T Tech Services announce partnership with Nvidia

IT services firms Wipro, TechMahindra, and L&T Technology on Wednesday announced individual partnerships with chipmaking giant Nvidia for AI-based solutions for various industries. These software firms are showcasing the solutions leveraging Nvidia technologies at the US-based chip major's ongoing annual GPU Technology Conference (GTC) in California. Tech Mahindra has unveiled an autonomous pharmacovigilance (PV) solution powered by Nvidia AI software to enhance drug safety management. By leveraging agentic AI and automation, the solution improves the speed, accuracy, and efficiency of PV processes, addressing challenges like manual delays and data overload. It integrates Nvidia AI Enterprise tools, including NeMo, NIM microservices, and AI Blueprints, to optimise case intake, data transformation, quality control, and compliance. The AI-driven PV solution instantly flags prioritises, and processes the request by eliminating human intervention that could potentially lead to delays .

Wipro, Tech Mahindra, L&T Tech Services announce partnership with Nvidia
Updated On : 19 Mar 2025 | 7:29 PM IST

Realigning global business lines to match clients' demands: Wipro

The technology services line is a merger of its previous cloud capabilities (Wipro FullStride Cloud) and data, application platform, digital operations, and cybersecurity (Wipro Enterprise Futuring)

Realigning global business lines to match clients' demands: Wipro
Updated On : 14 Mar 2025 | 11:36 PM IST

Nifty IT tanks 3%; Wipro, Infy slide up to 6% on Motilal Oswal downgrade

The Nifty IT index hit its lowest level since June 28, 2024, and has declined 17% thus far in the calendar year 2025, as compared to 5% decline in the Nifty 50.

Nifty IT tanks 3%; Wipro, Infy slide up to 6% on Motilal Oswal downgrade
Updated On : 12 Mar 2025 | 11:26 AM IST

Wipro's revenue to grow by 4.5% in FY26, says Fitch; reaffirms 'A-' rating

IT services firm Wipro's revenue is likely to increase by about 4.5 per cent in FY26, mainly driven by favourable sectoral trends and recovery in discretionary customer spending, according to global rating agency Fitch. The agency retained Wipro's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'A-' with a stable outlook. "Fitch forecasts Wipro's revenue to increase by around 4.5 per cent in FY26 compared with a slight decline in FY25. We believe that the growth will be supported by a recovery in discretionary customer IT spending, particularly in the US, where customers will benefit from declining interest rates. "We expect customers in Europe to remain under pressure in a weaker economic environment and to focus on cost optimisation and efficiency improvement. There are early signs of revenue recovery in 3Q FY25 with IT services revenue rising by 0.6 per cent year-on-year," the agency said in a statement. Wipro will be able to maintain its solid market ...

Wipro's revenue to grow by 4.5% in FY26, says Fitch; reaffirms 'A-' rating
Updated On : 03 Mar 2025 | 8:05 PM IST