Page 15 - Wipro

Wipro becomes third Indian IT firm to scale Rs 3 trillion market cap

India has total of 13 listed firms that have crossed the Rs 3 trillion m-cap. Wipro now ranks 14th.

Cognizant learns an HR lesson as people shortage impacts business momentum

A challenging strategy to accelerate growth has ironically dragged the former IT racehorse into bigger troubles over people management

IT firm Wipro sells entire stake in Denim Group for $22.4 million

IT company Wipro on Wednesday said it has sold its entire stake in Denim Group for a consideration of USD 22.42 million (about Rs 160 crore).

Wipro sells stake in Denim Group for $22.42 mn, acquires stake in Squadcast

Wipro, in 2018, had acquired 33.33 per cent stake in Denim Group, an independent application security firm, for $8.83 mn

Tamil Nadu govt finds Wipro's factory not following Covid SOPs, labour laws

Tamil Nadu's Industrial Safety and Health Department has issued showcause notice to hydraulic cylinder maker Wipro Enterprises for violating Factories Act and allied labour laws at its plant

Wipro Ent closes hydraulic cylinder plant for 3 days to break Covid chain

Hydraulic cylinder maker Wipro Enterprises P Ltd has decided to stop production at its plant near here for three working days starting Friday

High dividend payout driving rally in IT stocks; m-cap of top 5 up 87%

Since FY15, top 5 IT firms' share price has risen 116% against 132% increase in cash-pay out

Wipro to vaccinate 100,000 employees and their dependents starting June

Ties up with top-tier hospitals and tech-enabled online-to-offline delivery platform specialising in primary care and urgent response services

Wipro expects to access about 100,000 doses of Covid vaccine for employees

IT major Wipro on Wednesday said it expects to have access to about one lakh doses of COVID-19 vaccines for its employees and their families, beginning early June. The Bengaluru-based company said it has partnered with top-tier hospitals and a tech-enabled online-to-offline delivery platform - which specialises in primary care and urgent response services - to provide COVID-19 vaccination support to its India-based employees. "As part of this partnership, beginning early June, subject to availability, Wipro expects to have access to a total of 1,00,000 doses of three vaccines Covishield, Covaxin and Sputnik V -- as the first tranche for the exclusive use of our employees and their dependents (spouse and children)," Wipro said in a statement. The objective is to ensure vaccination for all its employees at the earliest, it added. "Given the severity of the second wave of the pandemic, the importance of vaccination cannot be emphasised enough...Vaccination services will be provided f

IT shares in focus; Wipro, Coforge, Mindtree, Mphasis hit new highs

Mastek, Intellect Design Arena, Sasken Technologies, Newgen Software Technologies, Nucleus Software Services and Sonata Software were up in the range of 5 per cent to 11 per cent in intra-day deals

Wipro ups IT services revenue guidance to 8-10% in April-June quarter

Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its $1.45 billion buyout of Capco

Wipro hits 52-week high as firm revises Q1FY22 revenue guidance

Wipro in an exchange filing earlier today said it expects revenue from its IT services business to be in the range of $2,324-$2,367 million during the first quarter of FY22.

Stocks to watch: RIL, IndusInd Bank, Titan, Ujjivan Fin Services, Wipro

A special resolution to appoint Samit Ghosh as CEO of Ujjivan Financial Services was defeated as it didn't get the requisite share of votes

Wipro, Tata Steel in contention to dislodge ONGC from BSE Sensex

The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18

Wipro pips HCL Tech in m-cap to become third most-valued Indian IT firm

At 09:37 am, Wipro's market-cap stood at Rs 2.65 trillion while that of HCL Technologies was Rs 2.62 trillion, BSE data shows

Wipro aims to reach net-zero greenhouse gas emissions by 2040

This is in line with the objective of the Paris Agreement to cap temperature rise to 1.5 C

Wipro to organise Covid-19 vaccination camp for workers on Bengaluru campus

On the first day, 200 employees and their families will be vaccinated

Exit trading longs below 14,190 in Nifty: Vinay Rajani, HDFC Securities

The sustained level below 14,190 could drag Nifty towards 13,600-odd levels

Despite some slowdown, the outlook for IT firms appears reasonable

Weak rupee, recovery in US, lower valuations and domestic market volatility are tailwinds

With attrition back, top IT players head to the campus for hiring

Employee exits could well impact their double-digit growth plans. Going by the commentary the top three IT services will hire over 75,000 campus freshers for FY22