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WIPRO WAGE HIKE
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...- Buy, Sell or Hold: Morgan Stanley maintains underweight on Wipro; HDFC Securities upgrades Stylam IndustriesBrokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC...
- Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
- 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...
- Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
- HCL Tech Q4 Preview: Will growth surprise investors after weak Wipro earnings?HCL Technologies is poised for a mixed March quarter, anticipating steady year-on-year growth but a sequential dip due to software seasonal...
- Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyb...
- '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 set to announce buyback today: What to expectWipro shares are in focus today as the IT giant prepares to unveil its January-March quarter results for FY26, alongside its first share bu...
- 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 slides 23% in 3 months, turns Nifty's worst performer. Can buyback, Q4 nos. reverse trend?Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI conce...
- Wipro shares jump 3% as board eyes buyback after three years on April 16Wipro share price rallied 3% after the IT firm announced it would consider a share buyback. This potential move comes after a significant s...
- Wipro to consider share buyback on April 16 after steep stock crash this yearIT services major Wipro announced it will consider a share buyback alongside its fourth-quarter results on April 16. This move follows a si...
- Top IT firms saw wage bills rise 5.5% even as revenue growth dipsIT companies' cumulative wage cost rose by Rs 18,036 crore in the fiscal year. Experts said this was due to continuity in lateral hiring in...
- Pay hike for Wipro techies from June 1The company's IT services business added 2,248 people in fourth quarter of 2015-16, taking its headcount to 172,219 from 158,217 in like pe...
- Best performers at Wipro get 10-15%; average wage hike at 7%, 10,000 promotedThe Bengaluru-based firm hands out promotions twice a year, in June and December. It will promote another set of employees in December.
- Wipro announces average salary hike of 7%, keeps it in line with rivals TCS and InfosysTCS handed out average salary hike of about 8% for employees in India, while Infosys rolled out average wage increase of 6.5% in March.
- Wipro results: Company to raise wages by up to 15%Attrition has been a cause of concern with IT firms. The industry's attrition rate is hovering around 18-22 per cent, according to industry...
- Wipro beats rising rupee, wage hikeA deft balancing act by Wipro Technologies has helped the company mitigate the impact of a strong rupee.
- Wage hike helps co stem attritionThe attrition rate at Wipro Technologies dropped 1.5% during the third quarter of the current fiscal.
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