Page 31 - Wipro

Wipro expects to hire about 30,000 freshers in next financial year

Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment

Sensex jumps 533pts; Nifty ends above 18,200 led by RIL, Infy, Airtel

The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices

Stocks to Watch: Infosys, TCS, Wipro, HUL, SpiceJet, Delta Corp, telcos

The three IT majors are scheduled to report Q3 earnings on Wednesday.

Infosys, TCS & Wipro Q3 results; trading strategy for Vodafone Idea

The third quarter is generally a low season for Indian IT companies due to furloughs in its markets. What factors will guide the markets today and how should you trade Voda Idea? This report answers

Wipro Q3 preview: Analysts see 4% QoQ revenue growth, margins may dip

Brokerage firm Jefferies sees EBIT margins of the company declining by 70 basis points to 16.6 per cent from the previous quarter, on the back of salary hikes.

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