Page 8 - Wipro

Tech Mahindra boosts workforce by 6,653 in Q2, headcount climbs to 154,273

As of September, Tech Mahindra's employee count rose to 154,273 from 147,620 last quarter, while attrition slightly increased to 10.6 per cent, with IT attrition at 11 per cent

Market Today: GIFT Nifty sinks, Q2 results, Sinwar killed, Gold tops $2,700

At 6:30 AM, GIFT Nifty Futures were trading about 103 points lower at 24,741, suggesting a gap-down start for Indian markets.

Wipro's hybrid policy: Employees to work from office three days a week

The company's new work policy allows employees to choose their in-office days based on collaborative needs, while retaining the flexibility to work remotely on the remaining days

Wipro Q2FY25 preview: Revenue may fall up to 3% YoY; margin, guidance eyed

Overall, the sentiment remains cautiously optimistic for Wipro ahead of results, with key focus areas including large-deal pipelines and consulting growth.

Market Close Highlights, Oct 14: Sensex adds 591 pts, Nifty ends above 25,100; IT, Banks outperform

Stock Market Today: Markets in India were likely to open with a slight upside on Monday, indicated GIFT Nifty futures, which were trading around 50 points ahead of Nifty futures last close.

Wipro gains 3% as board to mull bonus issue in a meeting on Oct 16-17

Wipro bonus issue: Wipro bonus issue: The board will consider bonus issue in a board meeting from October 16 to October 17

Stocks To Watch: Wipro, HAL, Dmart, Ola Electric, GIC Re, Oberoi Realty

Stock Market Today: Adani Enterprises has successfully raised $500 million through a share sale, marking its return to the equity markets after a previous cancellation.

Wipro board to consider issuing bonus shares ahead of Sep quarter results

IT firm Wipro on Sunday said its board of directors will consider the issue of bonus shares at a meeting scheduled to be held on October 16-17, 2024. Wipro is set to announce its Q2 FY25 results on October 17, 2024. "The board of directors of the company will be considering a proposal for the issue of bonus shares, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, at its meeting scheduled to be held over October 16-17, 2024," a regulatory filing said. The Bengaluru-headquartered firm posted a 4.6 per cent year-on-year increase in its consolidated net profit in the June-ended quarter at Rs 3,003.2 crore. Its revenue declined 3.8 per cent to Rs 21,963.8 crore. Wipro CEO and MD Srini Pallia had said that the firm is "confident" in its ability to execute better on bookings and profitable growth in Q2,

Pressure amps up on Infosys, Wipro likely to beat high expectations

The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous

TCS, Infy, HCL Tech: Should you buy or sell IT stocks ahead of Q2 results?

Technical charts suggest that heavyweights TCS and Infosys seem to be favourably placed, while Wipro could face some downward pressure. Check key levels here.

Accenture results: Worst behind for India IT; buy selectively, say analysts

Accenture share price: While a strong recovery in discretionary demand may take a few quarters, it is unlikely to worsen further, analysts said after Q4 results

Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?

The surge in IT stocks was fuelled by the US Federal Reserve's decision to cut interest rates by 50 basis points, lowering the target range to 4.75 per cent to 5 per cent.

Wipro announces 8% salary hikes for top performing employees in 2024

Wipro's salary this year improves upon the average 6% hike given to top performers at the IT firm last year

Wipro tightens work-from-home policy, links office attendance to leaves

Wipro is enforcing a new policy requiring employees to work from the office at least three days a week. Those found violating the rules will be at risk of losing a day's leave

Wipro appoints Srikumar Rao as global head of Engineering Edge biz line

Rao has been with Wipro for 26 years and has grown with the organisation, serving in various leadership roles. He was most recently the chief operating officer (COO) of Wipro Engineering Edge

Will Wipro go for campus hiring this year? Here's what the company said

Wipro's recruitment efforts will focus on the lowest tier of its three-band hiring structure, with starting salaries of Rs 3.5 lakh per year for freshers from non-IIT and non-NIT engineering colleges

Google Cloud, Wipro partner to use Gemini Code Assist to boost productivity

Google Cloud on Thursday said it has partnered with IT firm Wipro to integrate Gemini Code Assist into the latter's development workflows. Gemini Code Assist is an AI-powered collaborator that helps developers write, review, and debug code more efficiently. This collaboration will enhance developer productivity, improve code quality, and encourage innovation, a company statement said. "At Wipro we are using conversational AI/Gen AI technology to improve the efficiency, effectiveness, and quality of the work done by associates on an individual basis. Tools like Google Cloud's Gemini Code Assist will significantly enhance first party productivity among our developers enabling them to deliver higher quality solutions more efficiently," Wipro Limited Chief Information Officer Anup Purohit said. Integrating Gemini Code Assist will accelerate development cycles, reduce errors, and enable developers to focus on higher-level problem-solving, the statement said.

Ajit Mishra of Religare Broking recommends buying these stocks on August 29

PFC has registered a decisive breakout from the intermediate falling resistance trendline with strong volumes.

IT stocks: LTIM, Wipro, LTTS, Mphasis soared up to 8% today; here's why

Among individual information technology stocks, LTIMindtree led the charts, soaring 7.76 per cent intraday at Rs 6,198 per share on the NSE

Wipro stock price rises over 3% on inking pact with Dell Technologies

The uptick in the Wipro stock price came after the company announced that it is expanding its collaboration with Dell Technologies to bring the Dell AI Factory to Wipro's Enterprise AI-Ready Platform.