Page 45 - Wipro
Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%
Thus far in the month of July, the Nifty IT index has outperformed the market by surging 19 per cent as against Nifty 50 index which was up 8.25 per cent during the same period
 "Nifty IT index hits record high; Infosys, TCS, HCL Tech gain over 2%")
Covid-19 impact: IT bigwigs likely to speed up client staff absorption
Experts are of the opinion that this trend is likely to accelerate in the coming quarters owing to vendor consolidation.
 "Covid-19 impact: IT bigwigs likely to speed up client staff absorption")
Shouldn't pay be for performance?
Compensation is payment for what has been done. Performance is all about what has been achieved. Both can be measured. Surely, it cannot be so difficult to link the two
Wipro to acquire 4C for 68 mn euros, expected to be close by Sept-end
4C will be consolidated as part of Wipro's Salesforce practice, which provides solutions globally around multiple Salesforce clouds and its ecosystem of products
 "Wipro to acquire 4C for 68 mn euros, expected to be close by Sept-end")
Wipro to launch 5G edge services solutions suite with IBM TRIRIGA
Wipro Limited announced on Thursday it will launch its 5G edge services solutions suite which is built with IBM TRIRIGA and IBM Edge Application Manager. Wipro will engage with clients to implement the Universal Edge solutions suite that leverages 5G network capabilities, the Bengaluru-headquartered company said in a statement. The 5G edge services solutions suite is designed to significantly enhance Wipro's existing BoundaryLess Enterprise Universal Edge portfolio, it said. "The edge-compute-enabled offering allows communications service providers and mobile tower operators to deploy their applications into dispersed edge devices. The advanced artificial intelligence and cloud-based services address the challenges of edge computing," Wipro said. It provides real-time visibility and data insights that help enable holistic management of edge infrastructure for mission critical applications in manufacturing, transport, healthcare, oil & gas and retail industries among
From TCS to Wipro, top IT firms' headcount drops first time in a decade
The data compiled by the BS Research Bureau shows that never before have all four firms seen a fall in staff count, at least not for a decade, despite several business cycles.
 "From TCS to Wipro, top IT firms' headcount drops first time in a decade")
End of an era at HCL Tech: Nadar challenged global giants at their own game
He was the last founder chairman in the Indian IT services industry to step down.
 "End of an era at HCL Tech: Nadar challenged global giants at their own game")
Is the worst over for IT? Q1 earnings of firms send out growth feelers
Pandemic impact bottomed out in Q1, second half likely to see better growth
 "Is the worst over for IT? Q1 earnings of firms send out growth feelers")
Wipro charters flights to bring back hundreds of staff, kin from US
The company is undertaking similar steps for its employees in the UK and Australia
Wipro: Strong operating margin, cash position offer comfort to investors
Going ahead, a good order book, a strong deal pipeline and the company's continued focus on cost optimisation are expected to help
 "Wipro: Strong operating margin, cash position offer comfort to investors")
Sensex slips 758 pts from day's high, ends 19 pts up; RIL dips 4% post AGM
Catch all the live market updates here
 "Sensex slips 758 pts from day's high, ends 19 pts up; RIL dips 4% post AGM")
Wipro Q1FY21 consolidated net up 0.1% YoY at Rs 2,390.4 cr, revenue up 1.3%
On a sequential basis, revenue declined 5 per cent.
 "Wipro Q1FY21 consolidated net up 0.1% YoY at Rs 2,390.4 cr, revenue up 1.3%")
Nifty IT index jumps 4%; Infosys gains 3% ahead of June quarter results
In its result announcement on Tuesday, Wipro said some of its verticals have started witnessing green shoots.
 "Nifty IT index jumps 4%; Infosys gains 3% ahead of June quarter results")
Wipro surges 15% as Q1 operational performance beats Street estimate
The company's IT services EBIT margins came in at 19 per cent in Q1FY21, led by higher utilisation, cost efficiency and rupee depreciation
Wipro sees green shoots in some verticals; net profit flat at Rs 2,390 cr
IT firm's margin expands despite revenue fall in Q1
Wipro to acquire Brazil-based IT service provider for $22.4 million
The acquisition will also help Wipro set up delivery centres in the northeast of Brazil leveraging IVIA's workforce
 "Wipro to acquire Brazil-based IT service provider for $22.4 million")
MARKET WRAP: Sensex tanks 661 pts, Nifty Bank slips 3%; India VIX jumps 6%
All that happened in the markets today
 "MARKET WRAP: Sensex tanks 661 pts, Nifty Bank slips 3%; India VIX jumps 6%")
Market Ahead, July 14: Top factors that could guide markets today
A total of 35 companies, including Wipro and Mindtree, are scheduled to announce their quarterly results today
 "Market Ahead, July 14: Top factors that could guide markets today")
Nifty outlook & stock calls by Anand Rathi: Buy Wipro, Sun Pharma
Wipro's stock has provided breakout from a symmetrical triangle formation on the daily chart with higher than average volumes
 "Nifty outlook & stock calls by Anand Rathi: Buy Wipro, Sun Pharma")
No plans to lay off staffers due to Covid: Wipro chairman Rishad Premji
The IT firm sees limited impact due to H-1B visa ban; profitable growth tops the agenda
 "No plans to lay off staffers due to Covid: Wipro chairman Rishad Premji")