Page 23 - Wipro

Sensex slips 168 pts led by HDFC Bk, RIL, Nifty below 17900; IT pack shines

CLOSING BELL: IT majors Tech M, HCL Tech, Infosys, Wipro and TCS were the top Sensex winners, which gained up to 3 per cent

Stocks to Watch: Wipro, HDFC Bank, DMart, Delhivery, NDTV, Sula Vineyard

Stocks to Watch today: Wipro, after market hours on Friday, reported a consolidated net profit of Rs 3,052 crore for October-December FY23, an increase of 2.8 per cent year-on-year (YoY)

Wipro follows IT trend, logs 2.8% rise in Q3 consolidated net profit

Top IT players Q3 reports show resilience in strategy, beat macro uncertainty

Wipro Q3 result: Gross revenue up 14.4% YoY; attrition rate moderates

The revenue expectations from IT Services business for the full year is set to be in the range of 11.5 per cent to 12.0 per cent, in constant currency terms

Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950

CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets

Stocks to Watch: Infosys, HCL Tech, Wipro, Shriram Finance, M&M, Just Dial

Stocks to Watch: IT shares are likely to be in focus after Infosys and HCL Technologies reported stronger than expected Q3 results; and Wipro scheduled to report earnings on Friday.

Wipro Q3 revenues may rise up to 3% QoQ; flattish margins likely: Analysts

On the bourses, Wipro underperformed peers as shares dropped 0.5 per cent, while TCS, HCL Technologies, and Infosys rose up to 11 per cent in Q3FY23

TCS, Wipro, IndusNet teams win Microsoft India's coding hackathon

Microsoft India announced the top three winning teams of the coding hackathon, shortlisted based on their innovation and impact, were from TCS, Wipro, and IndusNet

Sensex bounces 599 pts from lows, ends 104 pts down; Nifty tops 18,350

CLOSING BELL: Adani Enterprises, TCS, Axis Bank, Reliance Industries, ICICI Bank, IndusInd Bank, Nestle India, Ultratech Cement, SBI, and Infosys helped the frontline indices rebound

Accenture's retained FY23 guidance hints slowdown for IT firms: Analysts

For FY23, Accenture has maintained its 8-11 per cent growth guidance. This is reportedly the first time since FY17 that the company has not upgraded its full-year guidance after the first quarter

Wipro Consumer enters food category; acquires Nirapara for undisclosed sum

The acquisition will give Wipro Consumer Care and Lighting an entry into the Rs 70,000-crore spices market, which recently witnessed the entry of companies such as Dabur India

Wipro acquires packaged traditional food and spices brand Nirapara

Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring Nirapara, one of the largest-selling traditional food brands in Kerala. The deal size was not disclosed by the company. The Wipro group arm has signed a definitive agreement with Nirapara, a company statement said. With this acquisition, Wipro Consumer Care joins FMCG firms such as Dabur, Emami, Tata Consumer Products Ltd and ITC, which are already present in the spices market. Launched in 1976, Nirapara is known for its blended spices. The brand leads in producing a large variety of spice mixes, and rice powder used in making 'appam', 'idiyappam', etc. "Nirapara is our 13th acquisition and gives us a clear foothold in the spices and read-to-cook segment," Wipro Consumer Care and Lighting and Executive Director - Wipro Enterprises Vineet Agarwal said. Presently, Nirapara's 63 per cent business comes from Kerala, 8 per cent from rest of India and the remaining 29 per cent from .

Sensex tanks 461 pts, Nifty below 18,300 amid global rout; all sectors fall

CLOSING BELL: Among sectors, the Nifty PSU Bank index sunk the most, down nearly 3 per cent. This was followd by losses in the Nifty Realty, Pharma, and Media indices, down over 1 per cent each

Stocks to watch: Wipro, Vedanta, HPCL, RIL, Kalpataru Power, Biocon

Stocks to watch today: Wipro inked multi-year digital transformation partnership with fintech firm Finastra; HPCL aims to raise around Rs 10,000 crore in debt to fund oil refining operations

Wipro signs multi-year deal with Finastra for corp banks in Middle East

IT company Wipro on Thursday said it has signed a multi-year digital transformation partnership with fintech firm Finastra for corporate banks in the Middle East. The multi-year engagement will make Wipro the exclusive implementation and go-to-market partner to deploy Finastra's trade finance solutions in the region, a company statement said. "Corporate banks are key players in the sector and are significantly transforming the way they operate to cope with the ever-evolving industry. Reimagining digital services to improve client experiences and rationalizing platform and operations centres to drive efficiencies are key priorities for the sector. "This exclusive partnership with Finastra will enable us to help clients transform into truly digital platform players," Wipro's Regional Head of Banking, Financial Services and Insurance (BFSI) for Middle East, Mohamad Hamza said. Wipro has been operating in Middle East since last several decades. It is one of the six focus regions that .

Sensex drops 879pts, Nifty near 18,400 on Fed's hawkish pivot; IT worst hit

CLOSING BELL: The 30-pack index had dropped over 900 points intra-day to hit a low of 61,715.61, while the 50-pack index hit a low of 18,388

Stocks to watch: Bharti Airtel, Poonawalla Fincorp, M&M, SBI, Wipro, NTPC

Stocks to watch today: M&M will invest Rs 10,000 crore to set up an electric vehicle (EV) manufacturing facility in Pune; Bharti Airtel launched 5G Plus services at no-extra cost in Lucknow

IT stocks tumble as Credit Suisse warns of valuation-led correction

Indian IT valuations, the brokerage and research house argues, are at large premium to history despite material correction from the top

Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%

The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%

Wipro Lighting enters into exclusive partnership with Aura Air

Wipro Lighting has entered into an all-India exclusive partnership with Israel-based public company Aura Air, which makes air purifiers, the company said on Wednesday. The arrangement will provide Wipro Lighting exclusive access to all enterprise offerings of Aura Air for India geography, the company said in a statement. "In the post-pandemic scenario, the awareness and demand for better indoor air quality has seen an uptick in corporate and business spaces. We intend to provide these services to our existing institutional clients with exclusive access to all enterprise offerings of Aura Air for the Indian geography. We are confident in the technology and expertise Aura will bring to the table," Wipro Lighting, Vice President, and Business Head for Commercial & Institutional Business, Anuj Dhir said. Through this partnership with Aura Air, Wipro Lighting will be adding the indoor air quality management business to their portfolio. "Aura Air technology is extremely successful in ...