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Wipro wants some freshers to clear this new programme or face termination

Bengaluru-based IT services company Wipro now requires some freshers to clear Project Readiness Pro…

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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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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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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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Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’

In spite of the many startups laying off employees since last year, the Indian IT sector has so far…

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Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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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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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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4 mins read

IT majors cut down hiring by half despite high attrition

Three out of four major Indian IT companies have announced their Q2 FY23 results. While the demand …

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Slowdown in hiring by IT companies to continue at least till March 2024

India’s technology services sector, which has been the engine of white collar jobs in India, is slo…

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Two in three CEOs in India expect a recession in 12 months says survey

Two in three Indian CEOs are expecting a recession in the next 12 months, according to a new report…

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6 mins read

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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Not only companies, but employees too find moonlighting ‘unethical’: Indeed report

A new Indeed report reveals that 81% of the employees don’t wish to take up another job alongside t…

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Wipro to double fresher intake this year, promotions to be faster as employees are still jumping ship in hordes

The Bengaluru-based information technology (IT) giant Wipro just announced its financial performanc…

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Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes

The March quarter earnings season will begin next week with the results of major information techno…

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TCS, Infosys, and Wipro hired 2.33 lakh employees in FY22 to tame high attrition

For the last one year, the India’s as well as global information technology (IT) sector is going th…

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Wipro increases hiring plan to 30,000 as attrition hits a new high

IT services giant Wipro plans to hire 30,000 freshers in 2023 as attrition rate increases to 22%. …

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Wipro shares plunge 6% after earnings disappoint street

Shares of the Bengaluru-based IT firm Wipro saw huge sell-off today as investors were disappointed …

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Cognizant’s latest earnings have a silver lining for Indian IT majors TCS, Infosys and Wipro

$NIFTYIT.NSE is in a downtrend. It's Better to avoid this sector unit it fills the breakaway ga…