Moneycontrol PRO
you are here: HomeNewsWipro

Wipro

Jump to
  • Ex-CEO of TCS, India's largest IT firm, earned lesser than Infosys and Wipro CEOs June 07, 2023 12:26 PM IST

    Ex-CEO of TCS, India's largest IT firm, earned lesser than Infosys and Wipro CEOs

    Former TCS CEO Rajesh Gopinthan drew Rs 29.16 crore in remuneration in FY23, an over 13.17 percent YoY increase from Rs 25.75 crore that he earned the previous year.

  • Moneycontrol Selects: Top stories this evening June 05, 2023 06:37 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Wipro sets June 16 as record date for 5th share buyback at Rs 12,000 crore June 06, 2023 07:00 AM IST

    Wipro sets June 16 as record date for 5th share buyback at Rs 12,000 crore

    The buyback has been approved for a minimum price of Rs 445 a share, which is roughly 10 percent higher than its current market price of Rs 405.

  • Wipro sets June 16 as record date, stock up 8% since buyback announcement June 05, 2023 10:32 AM IST

    Wipro sets June 16 as record date, stock up 8% since buyback announcement

    For Q4 FY23, Wipro reported a 0.4 percent year-on-year decline in its consolidated net profit at Rs 3,075 crore, as against Rs 3,087 crore a year ago.

  • 3 of India's top 5 IT firms saw revenue per employee decline in last five years June 02, 2023 09:42 AM IST

    3 of India's top 5 IT firms saw revenue per employee decline in last five years

    HCLTech reported the sharpest fall of 11% in 5-year CAGR. However, at $55,704 aggregate revenue per employee, it’s still the highest among the top five

  • Just do IT! Here’s how to play the IT theme currently, as per analysts June 01, 2023 06:03 PM IST

    Just do IT! Here’s how to play the IT theme currently, as per analysts

    India's tier-1 IT firms have a high correlation to S&P500 revenue growth, which is expected to decelerate over the next two quarters

  • Top-deck exits continue at Wipro as two more executives leave company May 30, 2023 12:53 PM IST

    Top-deck exits continue at Wipro as two more executives leave company

    In 2023, the company has so far seen the exits of Chief Operations Officer Sanjeev Singh, Americas 2 CFO Nithin V Jaganmohan, India head Satya Easwaran, iDEAS business head Rajan Kohli, and Americas 1 CFO Kamini Shah, along with Sahni, Haque, and Saxena.

  • Wipro buyback - Should you apply? May 25, 2023 10:50 PM IST

    Wipro buyback - Should you apply?

    The buyback has been approved for a minimum price of Rs 445 a share which is roughly 16% higher than its current close of Rs 382 on 18th May.

  • Wipro CEO Thierry Delaporte paid $10 million in FY23, Exec Chairman Rishad Premji’s variable pay docked May 25, 2023 12:32 PM IST

    Wipro CEO Thierry Delaporte paid $10 million in FY23, Exec Chairman Rishad Premji’s variable pay docked

    Rishad Premji, who is entitled to a commission of 0.35 percent on incremental consolidated net profits, didn’t receive any commission as it was negative.

  • Wipro chairman Rishad Premji takes 50 percent paycut this year May 25, 2023 12:12 PM IST

    Wipro chairman Rishad Premji takes 50 percent paycut this year

    Wipro chairman Rishad Premji took an almost 50 percent paycut for financial year 2023, according to a recent filing made to the Securities and Exchange Commission in the US.

  • Wipro's fitness push: Tech giant all set to sponsor Bengaluru Marathon May 25, 2023 10:01 AM IST

    Wipro's fitness push: Tech giant all set to sponsor Bengaluru Marathon

    The marathon's tenth iteration will take marathoners through important landmarks of the city, concluding at the Kanteerava Stadium.

  • The waiting game: IT freshers suffer agony and desperation as top firms delay onboarding for a year May 24, 2023 01:26 PM IST

    The waiting game: IT freshers suffer agony and desperation as top firms delay onboarding for a year

    Fresh engineering graduates in India hired by top IT companies are facing financial strain, mental health issues and dashed career aspirations due to prolonged delays in onboarding.

  • Wipro expands partnership with Google Cloud, looks to bring generative AI capabilities to clients May 23, 2023 10:31 PM IST

    Wipro expands partnership with Google Cloud, looks to bring generative AI capabilities to clients

    As part of this expansion, up to 20,000 of the company’s associates will be trained on Google Cloud’s generative AI technologies.

  • Infosys reduces avg variable payout for Q4FY23 to 60% May 18, 2023 12:03 PM IST

    Infosys reduces avg variable payout for Q4FY23 to 60%

    While the average payout is 60 percent, an employee’s final variable payout will depend on their unit or department’s guidelines.

  • How Wipro may have played a part in Vice's bankruptcy May 16, 2023 03:54 PM IST

    How Wipro may have played a part in Vice's bankruptcy

    Wipro commenced arbitration proceedings against Vice Media in May 2020, which was related to the termination of an agreement

  • Karnataka election | Infosys, TCS, Wipro and LTIMindtree to shut offices on May 10 for polling day May 09, 2023 09:23 PM IST

    Karnataka election | Infosys, TCS, Wipro and LTIMindtree to shut offices on May 10 for polling day

    The Election Commission of India received complaints from employees in IT-BT companies about a holiday not being granted.

  • Analyst call tracker | IT stocks cement position in ‘Maximum Pessimism’ list after weak Q4 show; Adani shines on optimism score May 08, 2023 01:04 PM IST

    Analyst call tracker | IT stocks cement position in ‘Maximum Pessimism’ list after weak Q4 show; Adani shines on optimism score

    While analysts are bearish on two-wheeler firms on rural uncertainty, they remain most optimistic on financial companies’ stocks

  • Wipro Consolidated March 2023 Net Sales at Rs 23,190.30 crore, up 11.17% Y-o-Y May 04, 2023 10:33 AM IST

    Wipro Consolidated March 2023 Net Sales at Rs 23,190.30 crore, up 11.17% Y-o-Y

  • Hold Wipro; target of Rs 420: Sharekhan May 03, 2023 12:55 PM IST

    Hold Wipro; target of Rs 420: Sharekhan

    Sharekhan recommended Hold rating on Wipro with a target price of Rs 420 in its research report dated April 28, 2023.

  • Azim Premji's investment arm favourites to secure $150-million stake in TVS Credit: report May 02, 2023 02:33 PM IST

    Azim Premji's investment arm favourites to secure $150-million stake in TVS Credit: report

    The talks, which also involve private equity firm Carlyle, are for a 20-percent stake in the NBFC unit, which is being valued at $612 million

  • After a dismal Q4 amid macro challenges, what is in store for IT firms in FY24? May 02, 2023 04:15 PM IST

    After a dismal Q4 amid macro challenges, what is in store for IT firms in FY24?

    The year is set to be a challenging one for IT companies as pressure piles up on margins and clients demand pre-inflationary pricing

  • 92% freshers agreed to join Wipro at half salary, reveals HR head Saurabh Govil May 01, 2023 02:33 PM IST

    92% freshers agreed to join Wipro at half salary, reveals HR head Saurabh Govil

    'We had said that they will be onboarded at a higher salary of Rs 6.5 lakh after they completed the training and cleared the assessment," Wipro's HR head Saurabh Govil said.

  • IT and ChatGPT: Generative AI gains ground among India's top IT firms May 02, 2023 01:35 PM IST

    IT and ChatGPT: Generative AI gains ground among India's top IT firms

    While there is demand for generative AI-based solutions, companies are also worried about its implications. This has already led some firms to regulate its use, or ban the technology entirely

  • Bet on these 3 stock picks next week as the market momentum picks up April 30, 2023 01:11 PM IST

    Bet on these 3 stock picks next week as the market momentum picks up

    Recently Wipro has seen bullish divergence on a daily scale, the price was making lower lows, but RSI (relative strength index) was making higher lows.

  • Buy Wipro; target of Rs 479: KR Choksey April 29, 2023 10:30 AM IST

    Buy Wipro; target of Rs 479: KR Choksey

    KR Choksey is bullish on Wipro has recommended buy rating on the stock with a target price of Rs 479 in its research report dated April 27, 2023.