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WIPRO CONTRACTS
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...
Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
Wipro shares in focus on deal to acquire additional stake in Aggne Global for $28.5 million. Check detailsWipro is set to acquire an additional 20% stake in US-based insurtech company Aggne Global Inc for $28.5 million, increasing its ownership ...
IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
Infosys CEO's compensation rises 2.5% to nearly Rs 82.6 crore in fiscal 2026Infosys CEO Salil Parekh's compensation reached Rs 82.6 crore in 2025-26, a 2.5% increase, significantly higher than rivals like TCS. This ...
BSE shares jump over 7% in two days on likely Nifty50 inclusion; IT major Wipro to make wayBSE shares rose sharply on Tuesday on expectations of replacing Wipro in the Nifty50 during the September rejig. The rally comes after stro...
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...
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
IT firm Mphasis sues Coforge in US court over alleged employee hiring, access to client dataSoftware firm Mphasis has filed a lawsuit against rival Coforge in a US court. Mphasis claims Coforge hired its former executives in violat...
Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...
India's top five IT firms cut nearly 7,000 jobs in FY26India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion t...
IT majors see strong deal pipeline but revenue momentum cools in Q4Indian IT firms are seeing steady new deals and operating margins. However, revenue growth is slowing down quarter-on-quarter because proje...
Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...