Net profit remains stable at Rs 3,074.5 Crore; announces buyout of Rs 12,000 Crore
Wipro announced its financial results for the fourth quarter of FY23. Wipro’s Fourth Quarter Results: January to March 2023 Operations Revenue Increases by 11.17% to Rs 23,190.3 crore from Rs…
Wipro, Axis Bank, Tech Mahindra, ACC, UltraTech, SBI Cards and others
Stocks to watch today: The Nifty futures contract traded on the Singapore Stock Exchange signals a positive start for domestic equities. The contract was trading at 18,049.50, up 56.5 points…
Wipro jumps 3% on Rs 12,000 Cr share buyback; Should You Buy IT Stocks Despite a Muted Q4?
Wipro’s share price jumped 2.7% to Rs 384.5 today after IT Majors’ board approved the buyback of shares worth Rs 12,000 crore from shareholders. However, on the earnings front, the…
Here’s everything Wipro says about hiring plans for 2023
Wipro hired approximately 5,000 people in the last quarter. Although Wipro recorded a decrease of 1,823 in its workforce on a quarterly basis during the March 2023 quarter, the number…
A comprehensive comparison of employee strength, attrition
TCS Vs Infosys Vs Wipro Vs HCL Tech Number of employees: The IT sector has resorted to layoffs since last year due to “economic uncertainty” and as a result the…
What the CFO says about newcomers and their salaries
In February, Wipro downgraded the salaries already offered to candidates and asked them to join the lower pay. About 92% of on-campus hires chose to join Wipro at the lowest…