Nifty IT slides 6% as AI disruption fears and fading US rate-cut hopes trigger sharp sell-off in frontline tech stocks
IT major to implement salary increments from March 1 after deferring hikes in September; percentage of increase not immediately specified
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
TCS, Wipro, Infosys, Coforge, Tech Mahindra, Persistent Systems, HCL Technologies, LTIMindtree and Mphasis were down in the range of 4 per cent to 5 per cent in intra-day trade on Thursday.
ADRs of Wipro and Infosys fell by up to 3.3 per cent on Wednesday, extending losses after declining around 6 per cent amid rising concerns about the global tech sector
Budget 2026 has proposed a tax holiday till 2047 for IT companies providing cloud services using India-based data centres.
Wipro rolls out a consulting-led, AI-powered operating model to deliver end-to-end enterprise transformation and faster ROI from digital and AI initiatives
Here is the complete list of stocks that will remain in focus during today's trading session following their announcement to reward shareholders with dividends
Here is the complete list of stocks that will trade ex-dividend next week, along with their announcement details and record dates
As budget constraints loosen, Wipro is bidding for several small AI deals alongside large- and mega-deals, Pallia said on the sidelines of the World Economic Forum's meeting
NITES said that the global IT firm Wipro issued letter of intent to graduates in May last year, confirming their selection, detailing the role, compensation structure and onboarding process
LTIMindtree's Q3FY26 profit falls 10.5% to ₹971 crore due to labour code impact, even as revenue grows 11.6% on strong BFSI and manufacturing deals
Wipro Q3 review: Analysts said the performance was mixed, with margins beating expectations even as revenue growth stayed weak
As AI adoption accelerates, global reports warn that highly educated youth face rising entry-level job risks, forcing companies to rethink skilling and hiring models
Wipro's Q3 profit fell 7% year-on-year due to labour code impact, even as IT services revenue beat estimates and margins improved on cost controls
IT major Wipro on Friday revised its fresher hiring guidance for the current fiscal year (FY26), stating it now expects to onboard 7,500-8,000 graduates, down from its original target of 10,000-12,000. The adjustment comes after muted third-quarter earnings, during which the Bengaluru-based firm added only about 400 freshers to its rolls. "This quarter recruitment from campuses was muted; we had only about 400 odd freshers join (by the end of this fiscal)... We had said 10,000. I think we'll end up between 7,500-8,000," Wipro CHRO Saurabh Govil said during the company's Q3 earnings press conference. Despite the quarterly slowdown, the company's year-to-date fresher intake remains above 5,000. Wipro leadership emphasised that while volume hiring has moderated, the company is intensifying its focus on "AI-ready" talent. "From a recruitment standpoint, especially on campuses, what we have done is we have created these Centres of Excellence 50 of them across different universities, w
Analysts anticipate a stronger growth recovery for IT sector in FY27 compared to FY26, driven by an improvement in demand, more stable macro conditions, increased budgetary spending and deal ramp-ups.
Wipro said the profit decline was due to the implementation of new labour codes, which resulted in a one-time provision of ₹302.8 crore
Sensex today | Stock Market Close Highlights, Friday, January 16: On BSE, Infosys, Tech Mahindra and HCLTech were top gainers, while Eternal, Asian Paints and Maruti were top losers.
Q3FY26 company results: Firms including Tata Technologies, L&T Finance, JSW Infrastructure, Jindal Saw, and Bajaj Healthcare are also to release their October-December earnings reports today