The company joined some of its peers to flag the uncertainty arising out of the pandemic and refrained from giving any revenue guidance for the first quarter of FY21
India's $191 billion IT industry employs over 4.3 million people and has largely managed to service its clients during the pandemic
Wipro on Wednesday posted a 6.3 per cent year-on-year (YoY) decline in its net profit at Rs 2,326.1 crore for the quarter ended March 31, 2020
Most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent in the constant currency (CC) terms.
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
TCS will hold its board meet the next day (April 16) for approval of its financial statements
Markets regulator Sebi has also given relaxation of 45 days to companies for filing fourth-quarter results and one-month extension to file results for 2019-20
TikTok also contributes 400,000 hazmat suits and 200,000 masks
With uncertainties around growth outlook, most companies are likely to go slow on their payback plans to shareholders
Among IT firms, market leader Tata Consultancy Services (TCS) has added around 30,000 fresh graduates in this financial year
Banerjee, who went on to lead L&T Infotech as its CEO after leaving Wipro, said that Premji has the knack of identifying talent, nurturing it and giving it space to grow
The bustling campuses of IT majors like Infosys and Wipro are deserted as thousands of their techies are missing in action since Monday
Mindtree will see an upside bias once it breaks out above Rs 920 levels
From GoAir suspending international flights to digital payments getting the boost amidst Covid-19 concerns, Business standard brings to you the top headlines of the day
Discretionary spend by the clients take a hit during slowdowns or uncertain business environment, as such spends are largely under the discretion of the clients
For Tata Steel, keep a stop at 380 and go short
Founded in 2009, Rational Interaction is headquartered in Washington state with 300 employees and offices in Seattle, Bellvue, Dublin and Sydney
Simply put, a stop-loss is designed to limit an investor's loss on a stock. Setting a stop-loss order for 15 per cent below the price at which you bought the stock will limit your loss to 15 per cent.
After a rigorous tender process, Wipro was appointed as the system integrator for the National Register of Citizens (NRC) project in Assam in 2014, as per the company
A Wipro spokesperson said the company is only looking at external candidates