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The Latest Breaking News from Wipro

OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?

Shares of OFSS fell over 7% while top IT stocks including Infosys, Wipro, and Coforge dropped up to 2% on Monday. The drag comes following reports of Oracle's $18 billion data centre debt pressure and US President Donald Trump extending the $100,000 H-1B visa fee by another year.

The Economic Times

Stocks in news: Tata Group, Wipro, BEL, HAL, Petronet LNG and Bharat Forge

Indian equity benchmarks exhibited a mixed performance on Thursday, September 17, amid ongoing volatility. The Nifty 50 index experienced a modest increase, while the Sensex noted a slight decrease. Corporate developments drew attention to Tata Group firms and Wipro, with Bharat Electronics securing fresh orders and Petronet LNG initiating discussions…

The Economic Times

Black Lake founder Yuxiang Zhou pitted an AI agent against his top sales coach. His most experienced salespeople chose the AI

But he’s still waiting for the “Google moment” in AI.

Fortune

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Wipro's AI push frees capacity equivalent to 20,000 workers, CTO says

The comments come as India's $315 billion software services industry grapples with adoption of AI, which is ‌reshaping hiring, software ⁠development and ⁠contracts.

The Economic Times

Stocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan Zinc

Indian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance Industries and Coal India, are expected to be in focus. Railway stocks will be watched after the government approved five new projects costing over ₹10,000 crore. Hindustan Zinc signed a six-year contract for…

The Economic Times

Largecap safety trade? 8 Nifty stocks test investor patience with losses for two years

Over the past two years, eight Nifty stocks have experienced declines, with notable IT giants like TCS and Infosys pressured by shifts in client spending patterns. Additionally, Tata Motors faced a dip due to difficulties at Jaguar Land Rover, while valuation worries plagued Trent, alongside ITC's tax complications. Nevertheless, a…

The Economic Times

India’s middle-class crisis: the great bifurcation and the Gen Z uprising

The student protests we have been witnessing in India can be explained in large part by the crisis facing the Indian middle class, marked in particular by graduate unemployment and a decline in average purchasing power. This is because the upper middle class has grown wealthier, while the lower-middle class…

The Conversation

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Infosys, HCLTech, TCS, other IT stocks drop up to 3% as Fed rate hike worries return. Here's why

Indian IT stocks dropped on Monday as stronger-than-expected US jobs data revived concerns over a September Federal Reserve rate hike. The Nifty IT index dropped over 2%, with Infosys, HCLTech, TCS and others declining. Analysts, however, see longer-term opportunities from AI-led spending on deployment, integration and modernisation.

The Economic Times

Wipro Kawasaki to invest ₹1,000 cr in Karnataka hydraulic pump plant, create 1,200 jobs

Wipro Kawasaki Precision Machinery will invest Rs 1,000 crore in a new manufacturing plant. This facility will be established in Karnataka's Harohalli Industrial Area. The proposed plant is expected to create approximately 1,200 new employment opportunities. Operations at the new site are anticipated to commence within one year. This expansion…

The Economic Times

Stocks in news: Reliance Industries, Wipro, Tata Motors, among 9 stocks that will be in focus today

The BSE Sensex ended at 76,944.28, lower by 12.99 points or 0.02%, as gains in IT, FMCG and select heavyweights helped limit the fall.

The Economic Times

HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?

Indian IT stocks surged sharply, led by gains in largecap names, after Nvidia’s strong results and upbeat revenue outlook revived optimism around the global AI spending cycle. The rally came despite lingering concerns over AI disruption and mixed brokerage views on the sector.

The Economic Times

Wipro shares gain 2% after IT major expands Google Cloud AI partnership. What investors should know

Wipro's stock experienced an uptick following its announcement of an enhanced partnership with Google Cloud. The goal of this collaboration is to foster greater enterprise integration of Gemini Enterprise and agentic AI. Wipro plans to arm over ten thousand AI-certified professionals with cutting-edge resources, while launching the LIFT framework to…

The Economic Times

Stocks in news: Wipro, Lenskart, Tata Motors PV, Ather Energy and Kotak Bank

On Thursday, Indian markets faced downward pressure as they wrapped up trading lower amid mixed signals from global economies. Notably, Wipro's stock saw gains following its expanded partnership with Google Cloud aimed at enhancing AI implementation. Meanwhile, Lenskart's current investor is set to sell shares worth up to Rs 1,313…

The Economic Times

Wipro ADRs rise 5% after company expands Google Cloud AI partnership

Wipro ADRs gained 5% pre-market after expanding its Google Cloud partnership to scale Gemini Enterprise and agentic AI adoption. The company will deploy AI internally, train 10,000 specialists and help enterprises embed autonomous agents across core business workflows.

The Economic Times

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The Economic Times

Humans vs Robots: The jobs world may not be full of 'Frankenstein' fears

AI is reshaping jobs in India more through task automation and role redesign than outright workforce replacement. Companies such as Wipro and DHL are using AI to handle repetitive work while shifting employees towards higher-value tasks, while hiring platforms and banks are also seeing roles evolve as technology improves productivity…

The Economic Times

Captive buyouts: Are IT cos scaling up or skilling up?

Indian IT companies are buying client technology units to secure larger partnerships. This strategy aims to boost contract values as organic growth slows down. TCS, Wipro, and HCLTech have recently made significant acquisitions. These deals involve acquiring intellectual property and engineering talent. This trend revives a past strategy of acquiring…

The Economic Times

Fifty shades of Nifty growth: ETSA jury spots next giants

The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive chairman, Wipro. Members of the jury included Sachin Bansal, cofounder, Flipkart and Navi; Vijay Shekhar Sharma, founder and CEO, Paytm; Mukesh Bansal, cofounder, Myntra; Mithun Sacheti, cofounder, CaratLane; Nandita Sinha, CEO, Swiggy Instamart; Ajit Mohan,…

The Economic Times

ET Startup Awards 2026: Groww adjudged No. 1; Sauce VC’s Manu Chandra named Midas Touch winner

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories.

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The Economic Times

Wipro Consumer Care enters pet food market with launch of Snuggles

Wipro Consumer Care and Lighting has launched its new pet food brand, Snuggles. This marks the company's significant entry into India's growing pet food market. The brand offers dry dog food with human-grade ingredients at accessible prices. Snuggles provides three variants for different dog life stages and breeds. The products…

The Economic Times

Infosys, TCS, Wipro and other IT stocks in focus as Donald Trump administration proposes higher H-1B visa fee

Infosys, TCS, HCL Tech, Wipro and other IT stocks are in focus after the US Department of Homeland Security proposed a $103,265 fee on H-1B cap-subject petitions. The charge would be additional to existing fees and could generate $8.8 billion annually, based on 85,000 petitions. The proposal is not final…

The Economic Times

Infosys, HCLTech, other IT stocks gain on Nvidia’s likely price hikes. Are AI bubble worries coming true?

Indian IT stocks gained on Monday as reports of Nvidia’s potential server price hikes revived concerns over rising AI infrastructure costs and stretched valuations. The Nifty IT index rose over 1%, with Infosys and HCLTech among the gainers. Analysts, meanwhile, continue to debate whether India’s IT sector offers an “anti-AI”…

The Economic Times

BSE’s Nifty 50 entry shows how the index can move markets, not just mirror them

BSE’s upcoming inclusion in the Nifty 50 highlights how index changes can influence stock prices beyond simply reflecting investor preferences. BSE will replace Wipro from September 30, triggering an estimated $741 million in buying by Nifty 50 index funds and ETFs, while Wipro could see about $246 million in outflows.

The Economic Times

AI reshapes India's IT services sector contracts as clients demand more for less

Industry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that the new technology has brought is resulting in shorter contracts.

The Economic Times

IT stocks extend gains for second day; Coforge, Infosys, Persistent Systems rise up to 3%

IT stocks extended gains for the second straight session, with Coforge and Persistent Systems leading the rally. Infosys, Wipro, TCS and Tech Mahindra also traded higher, lifting the Nifty IT index nearly 2%. The rally was driven by value buying amid a weaker rupee, with Indian IT stocks continuing to…

The Economic Times

IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's why

CLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on select mid-tier IT companies. The brokerage said Q1 earnings were mixed across Indian IT and global peers, but expects AI-driven volumes to eventually offset pricing deflation by FY30.

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