Page 30 - Wipro

IT index slips 4% in 2 days on profit booking following a strong 10% rally

The October-December (Q3) quarter is expected to be another strong quarter for IT companies after strong performance witnessed in Q2FY22.

BSE IT index at an all-time high, up 10% in Dec on hopes of strong Q3 show

IT stocks were in demand on hopes of strong Q3 earnings post Accenture performance. 63 Moons has zoomed 117% this month, while stocks like CyberTech, Brightcom and D-Link have soared over 30% so far

Acquisitions, strong growth outlook likely to limit downside for Wipro

Prior to the recent rally, the stock had been an underperformer

Sensex pares gains, ends 497pts higher led by RIL, IT; MapmyIndia gains 33%

The BSE Midcap and Smallcap indices were up around 1.5 per cent each. Metal, IT, Consumer Durables indices logged smart gains

Wipro up 3% on acquisition plan of US-based Cybersecurity Firm Edgile

The acquisition is expected to strengthen Wipro's capabilities in cloud security and risk management space, ICICI Securities said in a note

Stocks to Watch: Axis Bank, Adani, Wipro, McLeod, Vedanta, Railtel, V-Guard

MapmyIndia will be making its debut today, and is expected to list at a premium

Wipro to acquire cybersecurity provider Edgile for $230 million

Edgile's cybersecurity and risk management professionals are expected to allow Wipro to further enhance its cybersecurity and risk consulting capabilities

M-cap of 8 of top-10 most valued companies erodes by over Rs 2.61 trn

In the top-10 list, Infosys and Wipro were the only gainers.

Reliance Industries spends Rs 922 cr to top CSR expenditure chart in FY21

India Inc's overall spends dip 64%; TCS and Wipro take second and third spots, respectively

Stocks to Watch:Wipro, Godrej Prop, Hero Moto, Vakrangee, JSW Energy, Paytm

Tarsons Product will make its debut on the bourses today, the issue price was fixed at Rs 662 per share

Wipro's Azim Premji shows interest in investing in Jharkhand

The state government quoting Premji said that the Azim Premji Foundation and Wipro want to work in coordination with the state government

Near-term growth trajectory to remain strong as Wipro banks on large deals

Despite cost pressures, margins expected to sustain on operating leverage

Telefonica partners Wipro for network automation solution

Wipro had recently announced a five-year strategic partnership with Telefnica Germany/O2 for a Radical IT Transformation (RAITT) programme

Purplle.com closes $140 mn Series D round adding Premji Invest to cap table

This investment comes weeks after a $75 million funding led by Kedaara Capital, alongside Sequoia Capital India and Blume Ventures

IT major Wipro to replace Bajaj Auto in Sensex, effective December 20

IIFL Alternative Research estimates Wipro to see passive inflows of $166 million and Bajaj Auto to see outflows of $80 million on account of the rebalancing

What's behind record staff exits at Indian IT giants?

The war for talent has become a problem facing the IT industry amid an acute shortage of digital skills. Let us look at the reasons behind the issue and what the companies are doing to tackle this

BS Interview: Wipro CEO Thierry Delaporte on worrying attrition situation

In an exclusive Q&A with Neha Alawadhi, Wipro CEO Thierry Delaporte spoke about his company's business, its plans, the attrition problem, and what Wipro is doing to manage its human resources

TMS, Ep 21: Zee-Invesco feud, Q&A with Wipro CEO, Markets, and PLI scheme

What led to the Zee -Invesco rift and what's the RIL angle? How does CEO Thierry Delaporte view the high attrition level at Wipro? What are PLI schemes and how do they work? Get all answers here

Sensex sprints 569 pts, ends at 61,306; Nifty atop 18,300; IRCTC gains 11%

The BSE m-cap stood at Rs 272.8 trillion by close

Wipro shares climb nearly 8% post Q2 earnings

Shares of IT company Wipro on Thursday zoomed nearly 8 per cent after it posted a 17 per cent jump in consolidated net profit for the quarter ended on September 30, 2021. The stock jumped 7.59 per cent to its 52-week high of Rs 723.65 on BSE. On NSE, it gained 7.62 per cent to its 52-week high of Rs 723.90. The IT company posted a 17 per cent jump in consolidated net profit to Rs 2,930.6 crore for the quarter ended on September 30, 2021. The company had posted a net profit of Rs 2,484.4 crore in the same period a year ago. Wipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year. The company is also resuming work back from office in a staggered manner starting with fully vaccinated senior colleagues in India. Consolidated revenue of Wipro increased by about 30 per cent to Rs 19,667.4 crore during the quarter compared to Rs 15,114.5 crore it registered in the correspond