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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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As markets start to turn, consulting will be first to pick up: Wipro CEO

Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…

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Wipro's first quarter show points to multiple battles ahead

Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…

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IT demand is ‘normalising’ after pandemic highs, says Wipro CEO

Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…

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TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback

Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…

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Wipro shares tank nearly 9% after earnings announcement

At the NSE, it tumbled 8.79 per cent to Rs 508.20 apiece. Wipro on Friday posted a 4.6 p…

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Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations

Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…

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Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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Wipro CEO expects revenues to rebound in the next few quarters

After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…

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Wipro clocks 12% net profit in Q1; attrition rate falls

Wipro has reported a consolidated net profit for Q1FY24 at Rs 2,870 crore. The IT major has guided …

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Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3

​​Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…

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Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates

Infosys has cut its revenue guidance for the financial year by more than half. The company said on …

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Recession in the US may cool off attrition in IT sector along with revenues

After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…

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IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore

Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…

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Hiring in the IT sector plunges by 66% in FY23

Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…

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Slowdown in FMCG market bottomed out, rural markets show signs of improvement: HUL

FMCG major Hindustan Unilever on Thursday missed market expectations with a 10% rise in net profit …