Mehul Kothari of Anand Rathi recommends accumulating Wipro as it nears 560-570-mark
IT major Wipro Ltd on Thursday announced over 500 technology jobs in Brazil in the next fiscal year, to support growth in delivering cloud solutions to clients. The company will be hiring throughout Brazil, for a slew of roles ranging from IT and engineering to consulting, business development and operations. Announcing its plans to hire over 500 new professionals over the next fiscal year, Wipro, in a statement, said its hiring goals are reflective of the company's strong growth in the Brazilian market driven by the 'human cloud concept', which helps organisations attract new talent and foster growth in a hybrid work environment. "As we continue our growth and serve some of the most prominent firms in Brazil, we look forward to welcoming our new cohort of colleagues to join us on this exciting journey, Douglas Silva, Vice President and Country Head, Brazil, Wipro said. The company will be hiring throughout Brazil, especially in the Northeast regionmainly the capitals Recife, ...
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
Ambuja Cement, Nestle India and Veritas to announce December quarter results today.
Companies must put efforts to innovate and reinvent their approach while focusing on becoming more efficient, sustainable, and responsible in this decade of technology, says Thierry Delaporte.
ABB is a leading global technology company that energises the transformation of society and industry to achieve a more productive, sustainable future
The nervousness in the IT stocks, analysts believe, is on account of rising employee costs at a time the business growth has been modest year-on-year in the December 2021 quarter (Q3FY22)
Excessive volatility is likely to continue for a few more days until clarity emerges from the crucial US Fed meeting. The market is discounting a hawkish Fed, analysts said
Stocks breaching 200-DMA may see aggravated selling pressure in coming sessions.
Upsides for Wipro is least among the three IT majors
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
TCS is heading towards Rs 4,200 followed by Infosys, which is moving in the direction of Rs 2,100
IT services EBIT margin declined 60 bps QoQ to 17.1 per cent vs. 17.7 per cent last quarter.
The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.
Budget wish list: Citizens seek jobs, support for small biz and lower tax. More in today's top headlines
Revenue for the quarter at Rs 20,311 crore was up 29.6 per cent YoY and and 3.3 per cent sequentially
Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
The three IT majors are scheduled to report Q3 earnings on Wednesday.
The third quarter is generally a low season for Indian IT companies due to furloughs in its markets. What factors will guide the markets today and how should you trade Voda Idea? This report answers