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WIPRO ADRS RISE
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...
Wipro share buyback: IT major announces Rs 15,000 crore offer at 19% premium. Key things to knowWipro share buyback: IT services giant Wipro announced a significant Rs 15,000 crore share buyback at Rs 250 per share, a 19% premium over ...
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
Infosys ADRs tumble 5%, Wipro slips over 3% as Wall Street rattled by inflation data and AI fearsInfosys and Wipro ADRs tumbled on the NYSE amid AI-driven fears and higher-than-expected US wholesale inflation. Block's CEO Jack Dorsey an...
- Infosys, Wipro shares in focus as US-listed ADRs extend losses, down over 3%. What’s happening?
Indian IT stocks, including Wipro and Infosys, experienced significant declines following the launch of an AI tool by Anthropic capable of ...
Infosys, other IT stocks slide up to 2% after Accenture reports Q4 resultsIndian IT stocks experienced a decline following Accenture's Q4 results, which revealed a 7% year-on-year revenue growth. Despite this grow...
Infosys, Wipro ADRs decline up to 4% amid Trump’s proposal for $100,000 annual H-1B visa feeAmerican Depositary Receipts of Infosys and Wipro faced a decline. This followed the Trump administration's plan. The plan proposed a $100,...
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%Accenture's shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces c...
Infosys, Wipro ADRs surge up to 3% as Wall Street major indices discount Israel-Iran tensionsWall Street indices surged, boosting Infosys and Wipro ADRs. Dow, S&P 500, and Nasdaq also saw gains. Crude oil prices fell, easing global ...
Infosys ADRs jump over 9% after robust Q1 numbers; that of Wipro up 4%Following a strong Q1 performance and positive momentum in financial services deals in North America, the company has revised its FY25 reve...
Wipro ADRs jump 16% after Q3 results meet expectationsThe spillover of positive sentiments around Indian IT stocks, after decent third-quarter results by peers Infosys and TCS, is likely reflec...
Booster shot: ADRs of Infosys, Wipro rise on strong Q3 results from peer TCS“We are pleased with our strong growth in a seasonally weak quarter, driven by cloud services, market share gains through vendor consolidat...
TCS’ Q2 earnings boost ADRs of Infosys, WiproTCS reported a nearly 5% sequential rise in the consolidated revenue for the quarter that ended September at Rs 55,309 crore, beating Stree...
Need2know: Macro triggers for today's marketWeak economic data from Asian giants like China and South Korea have come as big damper for markets. At home, Dalal Street awaits the Reser...
Indian companies gain $ 57-billion valuation on American boursesExperts said that the the Indian ADRs' performance is mostly related to the domestic equity market in India, rather than the trends in the ...
- Satyam, Wipro lose over $4 bn on US bourses in one week
Satyam saw its market valuation erode by a 2.7 bn for the week ended January 16 while market cap of Wipro tumbled as much as 1.5 bn. Funny ...
- IT stocks tumble on slump in ADRs, strong rupee
IT stocks fell on Friday tracking a slump in the ADRs of IT companies in US markets on Thursday.
- Indian IT no more bellwether abroad
Global perception about investing in Indian IT stocks is undergoing a change with top IT companies witnessing a decline in market capitalis...
- Rising Re pulls down stocks of US-listed Indian IT, BPO cos
Indian BPO and IT stocks listed on the US bourses have taken a beating since the rupee hit a high last week against the dollar.
- Reckless rupee strangles ADR premia
As the dollar faltered in the recent quarters and Indian economy continued its growth, one trend kept itself away from public glare: shrink...