Page 46 - Wipro

Wipro Q1 preview: Covid-19 to dent numbers; strategy under the new CEO key

It will be the first quarterly result announcement by the company under its new CEO, Thierry Delaporte, who took charge of the firm earlier this month.

Unsure of hiring fresh graduates, IT companies venture off campus

The technology industry is one of the largest recruiters for fresh graduates in the country.

Capgemini bucks trend, rolls out wage hikes, promotions amid Covid crisis

Performance review likely to see some retrenchments

Delaporte is new Wipro CEO, says IT firm will emerge stronger from pandemic

Delaporte, who is the first foreign national to lead Wipro since its inception, said it was disappointing that he could not meet his fellow colleagues in India due to the ban on international travel

Indian IT firms may report 5-9% contraction in revenues for June quarter

Hospitality and travel, as well as manufacturing and retail, are the segments likely to see maximum hit

Indian IT services firms relying less on visas as approval rates nosedive

According to the US Citizenship and Immigration Services data, the share of Indian companies among the top 10 visa recipients has dropped from 51 per cent to 24 per cent during the 2016-19 period.

India-China border dispute: Tech firms at risk of losing Huawei link

Among the Indian IT companies, top-tier firms such as TCS, Infosys, Wipro and Tech Mahindra are learnt to be service providers for Huawei.

Visa politics

New H1-B ban would also hurt US companies

Wipro bags infra modernisation, digital transformation contract from E.ON

Marcus Schaper, chief digital and technology officer at E.ON SE, said cloud transformation is a key element of its digital transformation journey

Infosys, Wipro, TCS: Should you sell IT stocks as Trump blocks H1B visa?

The Nifty IT index now needs to scale above its 200-DMA placed at 14,888 to embark on a new trend

Galwan Valley clash: Indian IT services companies in wait-and-watch mode

Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, including locals as well as expatriates.

Wipro to offer up to Rs 40 cr in annual salary to its CEO designate

The new CEO, who will join on July 6, will be one of the highest paid executives in Indian IT industry

Wipro's new CEO Thierry Delaporte to draw up to 4.45 mn euros in annual pay

His remuneration will include basic pay in the range of 1.07-1.4 million euros per annum and a target variable pay in the range of 1.7-2.5 million euros per annum

Covid-19 crisis: $30-billion deal renewal headache for IT companies

Outsourcing deals are either going to be renewed at a lower price or they will be delayed, say experts.

Indian IT firms strengthen Cloud practice as digital adoption picks up

Companies are tying up with Cloud platform firms, ramping up internal team of specialists

Maharashtra set up adequate Covid-19 treatment facilities: Uddhav Thackeray

He was speaking at the inauguration of a Covid care centre developed by Wipro Limited at the Hinjawadi IT Park in Pune.

Wipro, IBM announce collaboration to develop hybrid cloud offering

Hybrid cloud offerings would help businesses migrate, manage and transform mission-critical workloads and applications, with security across public or private cloud and on-premises IT environments

IT stocks: Investors should wait till clarity on growth, margin emerges

Fewer deals wins, delay in ramping up of existing deals and likely price cuts are key worries expected on the back of subdued demand, thanks to the disruption in the global economy

Wipro's outgoing CEO Abidali Neemuchwala sees 12% rise in pay package

In comparison, Infosys' CEO Salil Parekh drew a pay package of $6.15 million (around Rs 40 crore) in the last financial year, a rise of 27 per cent over the previous fiscal.

Covid-19 crisis: Wipro sees short-term impact on gross profit margin

In a filing with the US Securities and Exchange Commission, the Bengaluru-headquartered firm, however, said that the impact couldn't be accurately predicted as the pandemic is yet to recede.