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The Latest Breaking News from Wipro

Wipro cuts salary offers to freshers awaiting onboarding; IT union NITES slams move as 'unfair'

NEW DELHI: Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 per cent under one programme has been termed "unjust" and "unacceptable" by employees union NITES, which demanded that the IT company should reconsider its decision.

The Times of India

Bosses ‘contact staff on Instagram as Gen Z employees don’t check emails’

Some company bosses say they have turned to social media as way of contacting staff

Evening Standard

Sensex, Nifty decline as metal, financials shares retreat amid FII outflows

MUMBAI: Benchmark equity indices sensex and Nifty gave up early gains to close lower on Monday due to selling in metal, oil and gas and financial stocks as FII outflows dampened the investor sentiment.

The Times of India

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Wipro Q3 results: Net profit rises 2.8% to Rs 3,053 crore; revenue up 14%

NEW DELHI: IT major Wipro on Friday posted 2.8% jump in its consolidated net profit for the third quarter ended December 2022.

The Times of India

Sensex jumps nearly 850 points; Nifty settles at 18,101: Top reasons for market rally

NEW DELHI: Equity indices jumped on Monday after declining for previous 3 sessions with the benchmark BSE sensex gaining nearly 850 points amid positive trends in global markets.

The Times of India

Sensex, Nifty scale fresh lifetime highs as Reliance, Wipro advance

MUMBAI: Benchmark sensex and Nifty advanced further to settle at record highs for the second day in a row on Friday, helped by intense buying in index majors Reliance Industries, Wipro and Maruti.

The Times of India

A bigger role for the disabled

Ten years ago, the Asia-Pacific region came together and designed the world's first set of disability-specific development goals: the Incheon Strategy to "Make the Right Real" for Persons with Disabilities.

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'Moonlighting is 'cheating', cannot be encouraged: Karnataka IT Minister Ashwath Narayan

NEW DELHI: Throwing weight behind IT heavyweights such as Infosys and Wipro who are opposing the concept of moonlighting, C N Ashwath Narayan – Karnataka’s minister for IT, Electronics Skills Development -- has said that paid freelancing beyond office work hours is "literally cheating” and professionals wanting to do that…

The Times of India

Infosys does not support dual employment; have fired violators in last 12 months: Salil Parekh

NEW DELHI: India's second largest IT services company Infosys on Thursday made it clear that the company does not support moonlighting and said it has fired employees who were into dual employment over the last 12 months.

The Times of India

Moonlighting a 'question of ethics', says Wipro CEO

NEW DELHI: Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said that while little side jobs were fine, working for a competitor is a "question of ethics".

The Times of India

Wipro Q2 net drops 9.6% to Rs 2,649.1 crore

BENGALURU: Wipro Ltd on Wednesday reported a weaker-than-expected second quarter profit hit by higher employee-related expenses.

The Times of India

TCS says moonlighting 'ethical issue'; no action taken against any staff

MUMBAI: The country's largest IT services exporter TCS on Monday said moonlighting is an "ethical issue" and against its core values but has not taken any action against any staff.

The Times of India

Wipro faces discrimination case in US court

BENGALURU: Five former employees of Wipro had taken the company to a US court in 2020, alleging that it engaged in an intentional pattern and practice of employment discrimination against individuals who are not South Asian or of Indian national origin, including hiring, promotion, evaluation, and termination decisions.

The Times of India

Anti-encroachment drive: Companies ‘offer’ to clear encroachments, BBMP faces other hiccups

Bengaluru

The Hindu

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The Hindu

Encroachment of SWDs: Experts say town planning in Bengaluru dysfunctional

Bengaluru

The Times of India

IT firms resort to work-from-home amid Bengaluru rain fury

BENGALURU: India's best-known IT firms and startups have asked staff to work from home as torrential rains brought chaos to the streets of the technology hub, marooning roads and snapping water and electricity supplies.

The Times of India

Sensex gains over 500 points in early trade; Nifty above 17,650

MUMBAI: Equity benchmark sensex climbed over 500 points in early trade on Friday, tracking gains in index-heavyweights Titan, Wipro and Infosys amid a firm trend in global markets.

The Times of India

'There will be blood on streets': Why Big Tech companies are laying off staff

NEW DELHI: After years of rapid expansion, a trend of freeze in hiring and layoffs has been observed among startups and major tech companies. So far, around 150 US-based companies have laid off over 37,000 people in 2022. Most layoffs were reported in June with 75 US-based tech companies laying…

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The Times of India

Wipro chairman Rishad Premji calls moonlighting 'cheating'

BENGALURU: Moonlighting seems to have divided traditional tech companies and new age ones. Wipro chairman Rishad Premji has described it as cheating.

The Hindu

Infosys Q1 net rises 3.2%, expenses surge 29%

Deal pipeline strong, will hire 50,000 freshers this fiscal, says managing director Parekh

The Times of India

Wipro Q1 net profit falls nearly 21% to Rs 2,563.6 crore

NEW DELHI: IT services company Wipro on Wednesday reported about a 21 per cent year-on-year fall in its consolidated net profit to Rs 2,563.6 crore for the first quarter ended June 2022. The profit for the period (attributable to the equity holders of the company) stood at Rs 3,242.6 crore…

The Hindu

Andhra Pradesh: over 1,000 AITAM students get placement in Wipro and other companies

SRIKAKULAM

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 14, 2022

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Benzinga

Here's How Much $100 Invested In Wipro 20 Years Ago Would Be Worth Today

Wipro (NYSE:WIT) has outperformed the market over the past 20 years by 2.18% on an annualized basis producing an average annual return of 9.51%. Currently, Wipro has a market capitalization of $28.68 billion.

Benzinga

$100 Invested In Wipro 20 Years Ago Would Be Worth This Much Today

Wipro (NYSE:WIT) has outperformed the market over the past 20 years by 2.2% on an annualized basis producing an average annual return of 9.04%. Currently, Wipro has a market capitalization of $28.78 billion.

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