Page 28 - Wipro

To mark Adani's 60th birthday, family pledges Rs 60K cr to charities

The corpus will be administered by the Adani Foundation

Here's why Mehul Kothari recommends buying Dabur, Wipro

According to the technical analyst from Anand Rathi, Wipro can rally up to Rs 445, while Dabur can gain up to Rs 526.

Wipro Lighting merges commercial lighting, seating solutions businesses

Wipro Lighting on Sunday announced the creation of a new business unit combining Commercial Lighting and Seating solutions

BSE IT index tanks 11% so far in June; TCS, Infosys, Wipro hit 52-week low

Fears of a recession in the US grew after Federal Reserve's biggest rate hike in nearly three decades, followed by Swiss National Bank raising its policy interest rate for the first time in 15 years.

Infosys, Wipro, UltraTech Cement, Tata Steel, Hindalco hit 52-week lows

An economic slowdown or other factors may affect the economic health of the US, UK, the European Union, Australia or those industries where IT revenues are concentrated.

Tech-giant Wipro to quadruple employee count in Norway to 350 in two years

IT services company Wipro Ltd on Tuesday said it expects to ramp up employee count in Norway to 350 in the next two years, and is increasing investment there locally to help clients capitalise on digital transformation. With increased local investment, Wipro is positioning itself as a core part of the business ecosystem in Norway, the Bengaluru-headquartered IT major said in a release. "Wipro Ltd, a leading global information technology, consulting and business process services company, is increasing its investment locally in Norway to help its clients capitalise on digital transformation," Wipro said. Within the next two years the company is looking to grow from 85 to 350 employees in Norway, it said. "The increased local investment is part of our new operating model, which has identified the Nordics as one of the strategic market units in Europe. As such, we are positioning ourselves as an innovation partner to businesses in the region," Vinay Firake, Senior Vice President & ...

Five Sensex stocks have shed over 30% since Oct 2021. Time to bottom fish?

Top 10 Sensex losers have tanked over 20 per cent, while 5 among these have plunged over 30 per cent since October 2021

At Rs 79.8 crore, Wipro CEO Delaporte highest paid in Indian IT sector

The Wipro CEO's package in FY22 was Rs 79.8 crore while the Infosys CEO, Salil Parekh drew Rs 71 crore, and the TCS CEO & MD, Rajesh Gopinathan drew 25.8 crore

Infosys, TCS, Wipro: Is the fall in information technology stocks overdone?

In the last few weeks alone, analysts at JP Morgan, Kotak Institutional Equities and Nomura had sounded caution on the IT sector, suggesting that the heydays may be over, at least for now

Tech funds run into rough weather in CY22, IT firms' stocks do well

Indian IT services sector is expected to benefit from digital transformation, particularly aided by cloud adoption.

TCS, Wipro, HCL Tech, L&T Tech: JP Morgan downgrades Indian IT sector

The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over

Wipro launches 40,000 sq-ft new tech innovation studio in Austin, US

IT major Wipro has launched its new innovation studio at Austin in Texas, US, the company said on Thursday. Wipro said that the new centre, spread over 40,000 square feet, will create hundreds of jobs locally. "The studio will provide a dynamic collaborative workplace environment with a harmonious balance of diverse work settings and amenity offerings. It will also create a fresh intake of new-age talent for hot tech skills, thereby creating hundreds of new jobs locally and bringing investments from tech organisations starting from the first year itself," the company said in a statement. Wipro's innovation studio is designed to be a collaborative space of 36 huddle rooms, 12 conference rooms and 330 individual think spaces, energising community spaces and areas for focused collaboration, the statement said. "The studio will provide our clients a wide range of solutions, with a potential to unlock a world of possibilities for their business," said Srini Pallia, Wipro Limited CEO of

Dividends, share buybacks lift India's top promoters' income in FY22

The country's top 50 promoter families earned Rs 709.4 crore on average from their companies in FY22, while the median income of these promoters was Rs 123.2 crore in the last fiscal

From double-digit hikes to promotions, India's IT talent takes the cake

The salary increases are not restricted to the Indian IT industry. Globally too, tech talent is being rewarded as never before

In struggle to get employees back to office; companies tread cautiously

In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required

Wipro, Nestle, SAIL among 300-plus stocks to hit 52-week lows this month

New-age tech firms that listed on bourses have also been struggling. Zomato hit a 52-week low of Rs 50 on Tuesday, while Paytm parent One 97 Communications fell to Rs 518 apiece on Wednesday

Nifty 500 Alert: These 55 stocks are hitting fresh 52-week lows regularly

Among the losing pack, Solara Active Pharma Sciences has slumped 75 per cent, while Aarti Drugs, MCX India and Tata Communications are other major laggards

Quarterly appraisals, mass hiring: How India Inc is tackling attrition

Also on offer: Higher promotions, work flexibility, eldercare & childcare support to track attrition.

75% of Nifty50 stocks trade below 200-DMA; look weak on the charts

Tech Mahindra and Wipro have tumbled over 30 per cent, while Apollo Hospitals Enterprise and Dr. Reddy's Laboratories have plummeted 22 per cent so far in calendar year 2022 (CY22)

Wipro hits 52-week low; stock down 18% in 1 month on tepid Q1FY23 guidance

The company has given a tepid guidance of 1-3% QoQ CC terms growth in Q1FY23, which translates into revenues of $2,748 million to $280 million