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Saturday, November 2, 2024
TopicWipro Ltd

Topic: Wipro Ltd

Tech firm Infosys halved FY revenue forecast as economic environment stays grim

Infosys’ U.S.-listed shares fell nearly 7% in pre-market trading after the company cut its full-year revenue growth of 1%-3.5% on a constant currency basis from 4%-7% previously.

Wipro’s new CEO has been driving growth for 5 months without stepping into Bengaluru HQ

Wipro's stock has rallied about 70% since Thierry Delaporte’s appointment, most among India’s four largest outsourcing firms during that period — making it a rare victory.

Azim Premji’s Wipro recruits Thierry Delaporte as new CEO from rival Capgemini

Wipro has struggled to keep up as the technology services industry has been buffeted by strategic change and a slowdown in growth.

Tata Consultancy misses estimates as companies rein in spending

TCS is the first of India’s IT services giants to report quarterly earnings. Infosys follows on Friday and Wipro Ltd. next week.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.