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Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- Anthropic and OpenAI move into enterprise services, testing India’s IT leadersSynopsis: Anthropic and OpenAI are shifting from building AI models to offering complete business services. Backed by multi-billion dollar ...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Cost pressures part of normal market evolution, says LTM CEOLTM CEO Venu Lambu downplayed AI-led deflation concerns, framing pricing pressures as normal market evolution requiring adaptation. He emph...
- Wipro CEO Srini Pallia says market is highly competitive, highlights firm's robust pipeline, AI adoptionWipro's CEO Srini Pallia remains confident about the company's strong project pipeline. He indicates that ongoing global trade disruptions ...
- 'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%Wipro’s March quarter results missed expectations, with weak revenue growth, declining profit, and soft guidance. Jefferies highlighted slo...
- Wipro bags Alpha Net client contracts in $71-million dealThe acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal als...
- Wipro Q4 Preview: Profit may fall on margin pressures. Is buyback the only thing to cheer?Wipro is expected to report steady revenue growth but weaker profitability in the March quarter, impacted by wage hikes, acquisition-relate...
- Wipro launches dedicated AI-native business and platforms unit amid a leadership shuffleWipro has launched a new AI-Native Business and Platforms unit. Nagendra Bandaru will lead this new division. Kanwar Singh, formerly of Acc...
- Wipro expands Google Cloud pact to deploy Gemini AI across operationsWipro will roll out Gemini Enterprise, Google Cloud's next-generation agentic AI platform, across core corporate functions, including finan...
- Wipro CEO Srini Pallia sees strong AI-led pipeline; CFO flags one-off Q2 margin hitWipro CEO Srini Pallia says demand remains strong across BFSI, healthcare, and technology as the company closes $9.5 billion in bookings fo...
- Wipro opens new office in Jefferson City, MissouriThe IT company will partner with Jobs for America's Graduates (JAG), Missouri, to attract local talent, Wipro said in a statement.
- Wipro not ready for double-digit growth yet: Abidali Neemuchwala“We have good pipeline of large deals. We have talked about our strategic partnership with Alight (Solutions) which is a significant deal. ...
- Former Wipro top executive Sangita Singh may join InfosysInfosys CEO Vishal Sikka has been making a number of top level changes ever since the company’s relatively disappointing performance in the...
- Former Wipro top executive Sangita Singh may join InfosysSingh, who left Wipro last December after a stellar career of 23 years, is expected to be based in one of the key customer markets - either...
- Ten key takeaways from Wipro Q3 resultsWipro reported a revenue growth of 1.3% to $1,795.4 million for the three month period ending December, lower than its guidance of 2-4%.
- Wipro bags Rs 680 crore deal from US companyUnder chief executive TK Kurien, Wipro has been increasing its focus on sales to win large contracts from new clients.
- Promax buyout pays off as Wipro bags $10 mn outsourcing contractThe new client, a consumer product firm with operations in 15 countries, was in the 'must have' client list of Wipro CEO TK Kurien.
- Wipro to offer IT solutions to mining, natural resource cosWipro is looking to build domain expertise in areas such as green tech, healthcare, defence, homeland security & cloud computing. Etisalat,...
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