Page 2 - Wipro
Trading strategies in Persistent Systems, Wipro: Mehul Kothari
According to the technical analyst from Anand Rathi, Persistent Systems can advance to Rs 5,250; while Wipro may see faster momentum above Rs 414.
 "Trading strategies in Persistent Systems, Wipro: Mehul Kothari")
80% of Wipro's employees will get 87% variable pay for the third quarter
Wipro has proposed to pay 87 per cent of the variable pay component to over 80 per cent of its workforce, according to a communication in the company's internal email
 "80% of Wipro's employees will get 87% variable pay for the third quarter")
Cost cutting measures around the world help Top Indian IT firms gain ground
IT firms across the globe have taken steps to optimise costs in the current uncertain economic environment
 "Cost cutting measures around the world help Top Indian IT firms gain ground")
Top headlines: Adani group to cut growth target, Class of '23 awaits hiring
Business Standard brings you the top headlines at this hour
Going slow: Infosys, Wipro keep Class of 2023 waiting for campus hiring
Industry players said IT hiring was not as strong as it was in 2022
 "Going slow: Infosys, Wipro keep Class of 2023 waiting for campus hiring")
2,500 IT freshers to be given pink slips for failing screening test: Report
The screening tests may also get more stringent as the firms are under pressure to honour campus offers but are already overstaffed
 "2,500 IT freshers to be given pink slips for failing screening test: Report")
Infosys fires 600 freshers after they fail internal assessment: Report
This comes at a time when hundreds of freshers are waiting for their joining dates at Infosys even though they received the offer letter months ago
 "Infosys fires 600 freshers after they fail internal assessment: Report")
Top headlines: Wipro fires 452 freshers, Sodhi's exit from Amul and more
Business Standard brings you the top headlines at this hour
 "Top headlines: Wipro fires 452 freshers, Sodhi's exit from Amul and more")
Layoff season continues: Wipro fires 452 freshers on performance grounds
Wipro's attrition rate declined to 21.2 percent on a year-on-year basis in Q3FY23
Mehul Kothari expects a pullback rally in Biocon, Wipro; Here's why
According to the technical analyst from Anand Rathi, BPCL and Wipro can pullback to Rs 270 and Rs 430, respectively.
 "Mehul Kothari expects a pullback rally in Biocon, Wipro; Here's why")
Net hiring in India's top four IT firms drops by 97% to 1,940 in Q3FY23
Tata Consultancy Services, Wipro, Infosys and HCL Tech- reported a combined net addition of 1,940 employees in the quarter that ended December 2022
 "Net hiring in India's top four IT firms drops by 97% to 1,940 in Q3FY23")
Sensex slips 168 pts led by HDFC Bk, RIL, Nifty below 17900; IT pack shines
CLOSING BELL: IT majors Tech M, HCL Tech, Infosys, Wipro and TCS were the top Sensex winners, which gained up to 3 per cent
 "Sensex slips 168 pts led by HDFC Bk, RIL, Nifty below 17900; IT pack shines")
Stocks to Watch: Wipro, HDFC Bank, DMart, Delhivery, NDTV, Sula Vineyard
Stocks to Watch today: Wipro, after market hours on Friday, reported a consolidated net profit of Rs 3,052 crore for October-December FY23, an increase of 2.8 per cent year-on-year (YoY)
 "Stocks to Watch: Wipro, HDFC Bank, DMart, Delhivery, NDTV, Sula Vineyard")
Wipro follows IT trend, logs 2.8% rise in Q3 consolidated net profit
Top IT players Q3 reports show resilience in strategy, beat macro uncertainty
 "Wipro follows IT trend, logs 2.8% rise in Q3 consolidated net profit")
Wipro Q3 result: Gross revenue up 14.4% YoY; attrition rate moderates
The revenue expectations from IT Services business for the full year is set to be in the range of 11.5 per cent to 12.0 per cent, in constant currency terms
Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950
CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets
 "Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950")
Stocks to Watch: Infosys, HCL Tech, Wipro, Shriram Finance, M&M, Just Dial
Stocks to Watch: IT shares are likely to be in focus after Infosys and HCL Technologies reported stronger than expected Q3 results; and Wipro scheduled to report earnings on Friday.
 "Stocks to Watch: Infosys, HCL Tech, Wipro, Shriram Finance, M&M, Just Dial")
Wipro Q3 revenues may rise up to 3% QoQ; flattish margins likely: Analysts
On the bourses, Wipro underperformed peers as shares dropped 0.5 per cent, while TCS, HCL Technologies, and Infosys rose up to 11 per cent in Q3FY23
TCS, Wipro, IndusNet teams win Microsoft India's coding hackathon
Microsoft India announced the top three winning teams of the coding hackathon, shortlisted based on their innovation and impact, were from TCS, Wipro, and IndusNet
 "TCS, Wipro, IndusNet teams win Microsoft India's coding hackathon")
Sensex bounces 599 pts from lows, ends 104 pts down; Nifty tops 18,350
CLOSING BELL: Adani Enterprises, TCS, Axis Bank, Reliance Industries, ICICI Bank, IndusInd Bank, Nestle India, Ultratech Cement, SBI, and Infosys helped the frontline indices rebound
 "Sensex bounces 599 pts from lows, ends 104 pts down; Nifty tops 18,350")
