Page 23 - Wipro

Is the worst over for IT? Q1 earnings of firms send out growth feelers

Pandemic impact bottomed out in Q1, second half likely to see better growth

Wipro charters flights to bring back hundreds of staff, kin from US

The company is undertaking similar steps for its employees in the UK and Australia

Wipro: Strong operating margin, cash position offer comfort to investors

Going ahead, a good order book, a strong deal pipeline and the company's continued focus on cost optimisation are expected to help

Sensex slips 758 pts from day's high, ends 19 pts up; RIL dips 4% post AGM

Catch all the live market updates here

Wipro Q1FY21 consolidated net up 0.1% YoY at Rs 2,390.4 cr, revenue up 1.3%

On a sequential basis, revenue declined 5 per cent.

Nifty IT index jumps 4%; Infosys gains 3% ahead of June quarter results

In its result announcement on Tuesday, Wipro said some of its verticals have started witnessing green shoots.

Wipro surges 15% as Q1 operational performance beats Street estimate

The company's IT services EBIT margins came in at 19 per cent in Q1FY21, led by higher utilisation, cost efficiency and rupee depreciation

Wipro sees green shoots in some verticals; net profit flat at Rs 2,390 cr

IT firm's margin expands despite revenue fall in Q1

Wipro to acquire Brazil-based IT service provider for $22.4 million

The acquisition will also help Wipro set up delivery centres in the northeast of Brazil leveraging IVIA's workforce

MARKET WRAP: Sensex tanks 661 pts, Nifty Bank slips 3%; India VIX jumps 6%

All that happened in the markets today

Market Ahead, July 14: Top factors that could guide markets today

A total of 35 companies, including Wipro and Mindtree, are scheduled to announce their quarterly results today

Nifty outlook & stock calls by Anand Rathi: Buy Wipro, Sun Pharma

Wipro's stock has provided breakout from a symmetrical triangle formation on the daily chart with higher than average volumes

No plans to lay off staffers due to Covid: Wipro chairman Rishad Premji

The IT firm sees limited impact due to H-1B visa ban; profitable growth tops the agenda

Wipro Q1 preview: Covid-19 to dent numbers; strategy under the new CEO key

It will be the first quarterly result announcement by the company under its new CEO, Thierry Delaporte, who took charge of the firm earlier this month.

Unsure of hiring fresh graduates, IT companies venture off campus

The technology industry is one of the largest recruiters for fresh graduates in the country.

Capgemini bucks trend, rolls out wage hikes, promotions amid Covid crisis

Performance review likely to see some retrenchments

Delaporte is new Wipro CEO, says IT firm will emerge stronger from pandemic

Delaporte, who is the first foreign national to lead Wipro since its inception, said it was disappointing that he could not meet his fellow colleagues in India due to the ban on international travel

Indian IT firms may report 5-9% contraction in revenues for June quarter

Hospitality and travel, as well as manufacturing and retail, are the segments likely to see maximum hit

Indian IT services firms relying less on visas as approval rates nosedive

According to the US Citizenship and Immigration Services data, the share of Indian companies among the top 10 visa recipients has dropped from 51 per cent to 24 per cent during the 2016-19 period.

India-China border dispute: Tech firms at risk of losing Huawei link

Among the Indian IT companies, top-tier firms such as TCS, Infosys, Wipro and Tech Mahindra are learnt to be service providers for Huawei.