Shares of India's Wipro Ltd surged as much as 7.6% to a record high on Thursday, a day after the IT services company logged a near 19% rise in quarterly consolidated net profit.
Motilal Oswal maintains a 'Neutral' stance on the stock and awaits further evidence of execution of Wipro's refreshed strategy, & successful turnaround from its growth struggles over the last decade
IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings
Strong deal wins are likely to keep revenue growth elevated
Delaporte speaks about the company's deal pipeline, the need to lower attrition, and how the firm plans to chart its growth path
Firm surpassed $10 billion in annualised revenue run rate
Infosys, Wipro and MindTree on investors' radar ahead of the September earnings. Airline stocks also likely to be in limelight as aviation ministry allows 100 per cent occupancy for domestic flights
Brokerage Sharekhan pegs Wipro's September quarter revenue at Rs 19,444 crore over Rs 15,114.50 crore posted in the corresponding quarter a year ago
The market regulator has also directed impounding of illegal proceeds of Rs 2.62 crore
The Nifty IT index surged over 2 per cent in early trade on Friday as against a 0.48 per cent rise in the benchmark Nifty50 index
IT services major Wipro on Friday announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate adoption of cloud services. This cloud collaboration space will provide in-house technical expertise, ensure seamless cloud adoption, and accelerate innovation to drive business transformation for customers, a statement said. "By combining the expertise and resources of Wipro FullStride Cloud Services and Google Cloud, this jointly developed innovation centre will offer a unique combination of people, processes, and platforms that will collectively create a futuristic experience for customers globally," it added. This arena will also showcase the talent, tools and best practices required to develop and deploy applications on Google Cloud. "We are excited to strengthen our partnership with Google Cloud, and look forward to leveraging the Wipro-Google Cloud Innovation Arena to increase cloud capabilities, build solutions across industries, and help our customer
CEAT shareholders approved the issuance of NCDs up to Rs 500 crore on a private placement basis
He also shared a video about the Covid-19-related safety protocols, including temperature checks and QR code scans, that have been put in place at the Wipro office
IT services major Wipro Ltd on Tuesday said it has partnered with HERE Technologies to offer location-based services to customers
Though the salary level of the students being hired has remained Rs 3-3.5 lakh for years, companies are ready to shell out more for those who excel in coding and programme languages
The broader markets, meanwhile, outperformed, rising for the fourth straight session
Adani Green has approved raising up to $750 million via bond sales overseas
CARE Ratings has revised its outlook on Dollar Industries' long-term facilities from Stable to Positive
IT firm Wipro on Tuesday said it will open a new delivery centre in Sherwood, Arkansas, and expects to hire up to 400 people in the next two years in the US state.
Wipro, HCL Technologies and Asian Paints were the new Indian entrants among the top 500 companies in the world, as per the latest Hurun Global 500 list