The momentum indicator RSI has reversed from its oversold territory and is showing signs of reversal in Wipro
Firm has seen share of its e-commerce sales within domestic FMCG business rise to 8% from 5% in one year, thanks to the restricted lifestyle of people
Why have so many otherwise fine CEOs failed to lift the IT major's performance? In their new book, Sundeep Khanna and Varun Sood tell the story as they chronicle Azim Premji's life
The momentum indicator RSI has reversed from its oversold territory and breached its falling trend line on the daily scale in Adani Enterprises
IT services firm Wipro on Wednesday said it has signed a definitive agreement to acquire Encore Theme Technologies- for up to Rs 95 crore.
Indian IT firms say workplace-independent model, local hiring will help them meet challenge
Wipro announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.
Firms may not be optimistic about growth prospects
Thus far in the financial year 2020-21, the IT index has outperformed the market by surging 74%, as compared to a 38% rise in the Sensex till Wednesday.
Wipro was lagging its peers in the past on the back of muted revenue growth, falling margins, loss of market share in deal renewals and pricing pressures
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In past one month, Wipro had outperformed the market by surging 28 per cent, against 4 per cent rise in the S&P BSE Sensex.
In the manufacturing space, the impact of the pandemic continues, says Wipro MD
Change in tax structure leads to revival of share repurchase programmes
The company is looking at buying 237.5 million equity shares, or 4.16 per cent of its paid-up capital, though the date of the programme has not been fixed.
From Wipro reporting decline in Q2 profit year-on-year, Godrej Properties buying land in Bengaluru to J&J pausing Covid vaccine, Business Standard brings you top news of the evening
The company had posted a profit of Rs 2,552.7 crore in the year-ago period
Plans to buy 237.5 mn shares or 4.16% of paid-up capital, on a proportionate basis from existing shareholders under the tender-offer route
Key focus areas include commentary on verticals such as healthcare and retail and an update from the new management on the company's growth strategy.
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