"He is the perfect leader to take the helm of this fast-growing market and write its next chapter of our growth," Srinivas Pallia said after being replaced by Malay Joshi.
In the previous trading session on Monday, the BSE Sensex had recorded a notable increase of 363 points, closing at 74,014. Similarly, the NSE Nifty50 also ended positively, reaching 22,462, up by 135 points.
Wipro's revenue from its IT business fell by 1 per cent and stood at Rs 22,151 crore, while its earnings before interest and tax margin for its IT business stood at 16 per cent.
The consolidated revenue for Wipro in the third quarter stood at Rs 22,205 crore, a 4.40 percent year-on-year (YoY) decline.
The Sensex rallied by 847.27 points to end the session at a record high of 72,568.45, while the Nifty rose by 247.35 points to an all-time high of 21,894.55.
Here comes bad news for Wipro employees as the tech giant might not give salary hikes to "top performers with higher compensation. " An official confirmation on the same is still awaited. Read detailed report here.
Wipro Chairman Rishad Premji reveals the hiring formula that transformed the company into a more diverse organization. Premji highlights the importance of seeking candidates who can challenge ideas and bring in new perspectives.
The temple body owns land parcels and buildings in different parts of the country. According to officials, TTD revenues are increasing thanks to the rise in cash and gold offerings made by devotees. Due to increase in interest rates, the temple body is earning more on fixed deposits in the banks.
Wipro: Its chairman Rishad Premji, who has been a vocal critic of moonlighting, said the company has no place for any employee who chooses to work directly with rivals while being on Wipro payrolls.
Here are some handpicked smart home gadgets which made a difference and added value in people's life in 2021.
Wipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year.
Wipro Work From Home, Wipro WFH News, Wipro WFH Ends: Wipro has announced to end work from home for its employees after 18 months.
Wipro had announced that Wipro IT Services will issue US dollar denominated notes worth USD 750 million on June 23. A proposal for the same had been approved by the Board of Wipro IT Services on June 10
IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from September 1, 2021.
With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping USD 100 billion mostly in salaries annually, says a report.
Shares of Wipro zoomed nearly 10 per cent in morning trade on Friday after the company posted a 27.7 per cent jump
Global software major Wipro on Thursday announced buying Australia-based Ampion for $117 million (Rs 858 crore), as it provides cyber security, Dev Ops (software development and IT operations) and engineering services.
Set to be its biggest ever buyout, Wipro will acquire London-headquartered Capco in a USD 1.45 billion (over Rs 10,500 crore) deal as the Indian IT major seeks to become a "bolder and ambitious" company as well as rake in higher revenues from banking and financial services space.
IT services major Wipro on Wednesday posted an about 21 per cent increase in consolidated net profit at Rs 2,968 crore for the December 2020 quarter.
Equity benchmark indices fluctuated between gains and losses during early hours on December 23 as investor focus globally swung between concerns about a new faster-spreading variant of the coronavirus and hopes that more US fiscal aid will propel an
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