Wipro shares plunge over 8%. What’s behind the selloff?Wipro shares dropped significantly on Monday. This decline follows the company's share buyback record date. Investors who bought shares for...
IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's whyIT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent ...
Cautious FY27 outlook for IT sector amid macro headwinds and AI transition: Sumeet JainIndian IT firms face a period of measured growth in FY27. Global economic uncertainty and geopolitical risks are key challenges. While AI p...
IKIO Lighting listing to Wipro buyback record date: Key corporate actions to track this weekInvestors on Dalal Street will be keeping an eye on various corporate actions this week, in addition to macro data and the US Fed policy ou...
Wipro IT Services raises $750 million from overseas bond saleLast week, Wipro had announced that Wipro IT Services will issue US dollar denominated notes worth $750 million on June 23. A proposal for ...
Wipro IT Services to issue $750m dollar denominated notesThe net proceeds of the notes, which are proposed to be listed on Singapore Exchange Securities Trading Ltd, are intended to be utilised fo...
Wipro to raise up to $750 million in maiden overseas bond saleThe net proceeds of Wipro’s overseas bond sale will be utilised for refinancing existing debt, general corporate purposes or any other purp...
Wipro secures $1 billion ‘club loan’ to fund its Capco acquisitionThe Wipro-Capco deal is the boldest bet by Wipro Chairman Rishad Premji and CEO Thierry Delaporte as the duo look to shed the company's ima...
Wipro may raise over $ 1 billion to part fund Capco dealWipro has a cash balance of $5.8 billion but an overseas fundraising will pave the way for future acquisitions and business expansion.
- Wipro gears up for talent war, scraps employment bonds for fresh graduates
Like most IT cos, Wipro has been grappling with high attrition after the industry witnessed a return in demand in jobs last year following ...
- Indian IT cos lock horns with global rivals to lure fresh graduates
According to the cos’ and research estimates, over 200,000 freshers with 0-5 months of experience will be hired directly from campuses this...
Wipro Technologies to honour job offers, with a riderThis is the second time in the recent past, that Wipro has tweaked the hiring policies of fresh engineering graduates. Highest salary hikes...
- For IT firms, it's the bond that binds
More and more IT companies are using bonds to deter freshers from jumping jobs.
- IT companies using bonds to retain freshers
Wipro, Satyam, Infy, and TCS insist on a bond to ensure that the investment made in their employee is secure. Allergies at workplace | Prep...
- Post-training poaching drains IT cos
And this isn’t just about Infosys. It’s a dilemma facing the entire IT & BPO sector.
- 'Josh' pill to fight attrition: Wipro BPO
The Wipro brass is counting on ‘Josh’ magic to reduce attrition levels by nearly 25-30 per cent.