Page 18 - Wipro

Bajaj Auto, Wipro, Bandhan Bk: Trading strategies in stocks post Q2 results

Charts suggest that Bajaj Auto can potentially rally up to 7 per cent from present levels, while Bajaj Finance, Bandhan Bank and Wipro can tumble up to 21 per cent.

Wipro plans to join rivals in cutting new hiring as tech spending cools

Instead of the usual big recruiting push, Wipro said it would first take on people to whom it had already made offers but hadn't yet brought onboard

Stocks to Watch today: Bajaj Auto, Wipro, RIL, Dabur, IndusInd, Bandhan Bk

Stocks to watch on Thursday, October 19, 2023: FMCG majors ITC, Hindustan Unilever and Nestle also likely to be in focus ahead of Q2 results today.

Wipro posts flat Q2 profit, cuts Q3 revenue growth guidance on weak demand

The operating margin expanded 100 basis points to 16.1 per cent in the second quarter from 15.1 per cent in the year-ago period

Wipro Q2FY24 result: Net profit rises to Rs 2,667 crore; revenue down 0.1%

The company's gross revenue came at Rs 22,520 crore for Q2, a decrease of 0.1 per cent compared to the same qurater in the previous year

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens

Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel

Wipro likely to lag peers with dismal 1.3% yearly revenue growth in Q2FY24

Wipro Q2 results preview: Revenue is pegged to rise 1.34 per cent YoY to Rs 22,842 crore. This will be nearly flat against the June quarter

Midcap IT services company Mphasis appoints Ayaskant Sarangi as CHRO

Before joining Mphasis, Sarangi served as CHRO at Wipro Enterprises, where he led human resources functions

Wipro to acquire majority stake in Italy-based Ferretto Automation

Wipro Enterprises' industrial automation business Wipro Pari will acquire a majority stake in Italy-based Ferretto Automation & Services for an undisclosed amount. Wipro Pari, part of Wipro Infrastructure Engineering, has signed a definitive agreement to acquire a "significant majority share capital" of Ferretto Automation & Services, according to a joint statement. Ferretto Automation & Services is a subsidiary of Ferretto Group based in San Polo-Reggio Emilia. The financial details of the deal were not disclosed. "Ferretto Group continues to hold a minority participation in the project; Riccardo Ferretto will be the Chairman and Managing Director of the new company and will be responsible for the overall business activities," the joint statement said. Ferretto Automation & Services specialises in the design and manufacture of automated storage systems. It manufactures a full range of state-of-the-art intra-logistics automation solutions for all storage (ASRS ...

Wipro to roll out merit salary increases, effective by December 1

Wipro delayed the announcement by a quarter reportedly due to macro headwinds and margin pressure

Indian IT companies turn cautious as tensions escalate in West Asia

In Israel, Bengaluru-based firm Wipro has about 80 employees, all of whom are nationals of that country

As business from West takes a hit, Indian IT firms explore African market

As things stand, the African continent holds a relatively small share of less than five per cent in the global IT outsourcing

End of Work-from-home: IT cos nudge employees to prepare for 5-day office

The French IT company, Capgemini's employees have been asked to work from the office two days a week

Accenture guidance delays hopes of demand pick-up for Indian IT: Analysts

Nirmal Bang analysts suggest investors use the gains to pare positions if overweight, especially in the tier-2 IT pack

Cognizant appoints Wipro's Jatin Dalal as its next chief financial officer

Dalal will report to Ravi Kumar S, Cognizant's Chief Executive Officer (CEO), who joined the company last October

HCLT, Infosys: Morgan Stanley ups target price of IT stocks by up to 29%

Among individual stocks, Morgan Stanley has maintained their overweight rating on HCLT, LTIMindtree and Infosys within the large-caps.

India-Canada rift bad for business; IT firms may struggle to land new deals

Canada makes up to 5-6 per cent of Indian IT companies' revenues. Top companies like TCS and Infosys have recently acquired work from Canadian government departments and organisations

Stocks to Watch today: Banks, Nuvama Wealth, RIL, Tata Steel, Strides, M&M

Stocks to watch on Tuesday, September 26, 2023: Shares of bank, mainly state-run, are likely to be in focus amid reports that the government may spend up to Rs 60,000 crore to provide subsidised loans

Indian IT cos don't see any immediate challenges due to India-Canada tussle

So far, both Canada and India have expelled senior diplomats in reciprocal moves. On Thursday, September 21, India temporarily suspended visa services for Canadian citizens

Who is Aparna C Iyer? All you need to know about IT major Wipro's new CFO

On Aparna's appointment, Wipro CEO Thierry Delaporte on Thursday said she is an accomplished and result-driven leader