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In 'isolated incident’, Wipro lays off 120 employees in Tampa, US: Reports
The job cuts were necessitated due to a ‘realignment in business needs,’ the IT giant said.
Published on Mar 19, 2023 02:19 PM IST
HT News Desk, New Delhi
Candidates waiting to join Wipro offered lower salary than original offer
Those who accept the offer of ₹3.5 lakh PA over the original ₹6.5 lakh PA offer will be onboarded in March, an email from the company read.
Published on Feb 21, 2023 01:12 PM IST
HT News Desk, New Delhi
Wipro sacks 452 freshers for under performance: Report
Layoff by Wipro coincides with a significant disruption in the technology industry, with other behemoths like Microsoft, Amazon, Meta, and Twitter also reducing their workforce.
Updated on Jan 22, 2023 06:52 PM IST
Wipro's Q3 profit up 2.8% year on year to ₹3,053 crore; revenue up by 14%
Wipro results: India's Wipro Q3 profit beats estimates on strong order pipeline.
Updated on Jan 13, 2023 04:15 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Tirupati temple richer than Wipro, Nestle, ONGC and Indian oil: Report
Tirumala Tirupati Devasthanams (TTD) is growing richer and richer as the cash and gold offerings made by devotees at the hill temple continue to rise and fixed deposits in banks are also generating more income in view of increase in interest rates, a temple official said.
Published on Nov 07, 2022 12:11 PM IST
PTI | | Posted by Yagya Sharma
‘Unacceptable’: This IT firm fired employees for moonlighting
Moonlighting is the practice of taking up secondary jobs after work hours without informing or taking consent of the current employer. The term shot into prominence in the West where employees started looking for secondary jobs after work hours to earn extra income.
Published on Oct 24, 2022 10:30 AM IST
HT News Desk | Written by Aryan Prakash
Senior executive Angan Guha no longer at Wipro: Report
Guha, who spent nearly 3 decades with the IT giant, will be succeeded by Suzanne Dann as the new CEO of the Americas 2 Strategic Market Unit, the report said.
Updated on Oct 14, 2022 01:46 PM IST
HT News Desk, New Delhi
Wipro CEO on moonlighting debate: ‘Side jobs are fine but…'
Few days ago, Wipro had said that it fired 300 employees after they were found ‘moonlighting’. The technology giant's chairman Rishad Premji, a vocal critic of this trending practice, said his company had no place for people who chose to work directly with rivals while being on Wipro's payrolls.
Published on Oct 13, 2022 01:10 PM IST
HT News Desk | Written by Aryan Prakash
Wipro's shares dip, HCLTech shines as IT sector braces for slowdown: Report
The industry, which saw demand sky-rocketing during the pandemic on the back of a global shift to cloud-based technology infrastructure, is bracing for an economic meltdown in major markets in the United States and Europe.
Published on Oct 13, 2022 11:39 AM IST
Reuters | | Posted by Aryan Prakash
Wipro Q2 earnings reported a 9.3 per cent drop in its September quarter net
The Bengaluru-based company said its total quarterly expenses jumped 19.2% to 193.95 billion rupees, while staff attrition in the IT services business fell to 23% from 23.3% at the end of September.
Published on Oct 12, 2022 05:01 PM IST
Reuters | | Posted by Nisha Anand
Man draws flak for ‘insensitively’ explaining Wipro's 'moonlighting' incident
In the thread, the user was explaining that integrated digital systems and PF contributions were key in identifying ‘moonlighters’ but people were not impressed by the tone of his tweets.
Published on Oct 11, 2022 05:42 PM IST
Nisha Anand | Edited by Chandrashekar Srinivasan
IT graduates claim tech giants delaying onboarding: Report
Several students have come out and claimed that they have been left in a lurch and kept waiting for the joining date after being offered jobs by the IT firms during campus placements.
Published on Oct 03, 2022 07:24 PM IST
HT News Desk | Written by Aryan Prakash
‘Don’t spy…': Satya Nadella coins ‘productivity paranoia’ amid moonlighting row
According to a survey on corporate attitudes by Microsoft, it has been found that 85 per cent of managers are worrying that they can't tell if employees are getting enough work done, while 87 per cent of the workers say that the productivity is fine, Bloomberg reported.
Published on Sep 24, 2022 11:02 AM IST
HT News Desk | Edited by Aryan Prakash
Wipro fires 300 employees for moonlighting
Its chairman Rishad Premji, who has been a vocal critic of moonlighting, said the company has no place for any employee who chooses to work directly with rivals while being on Wipro payrolls.
Published on Sep 21, 2022 07:15 PM IST
PTI |
‘Influential people interfere but...’: Bommai on Bengaluru encroachment movement
Amid demolition drive by the civic body, which has not spared IT giants and high-profile builders, Karnataka CM Basavaraj Bommai on Monday said influential people interfere with the process, but assured "merciless' action against illegal buildings".
Published on Sep 20, 2022 09:47 AM IST
Yamini C S | Edited by Swati Bhasin
IT park as per sanctioned plan, says Wipro amid eviction drive in Bengaluru
Meanwhile, the Karnataka high court has stated that the recent flooding in parts of Bengaluru was a result of the municipal corporation’s failure to remove encroachments from water bodies and stormwater drainage systems.
Updated on Sep 15, 2022 04:27 AM IST
HT Correspondent, Bengaluru
Wipro says no change in salary increase plan, hike from Sept: Report
According to a report by Livemint, Wipro said it has also completed the first cycle of promotions for the employees, while it declined to comment on the quantum of variable pay.
Published on Aug 18, 2022 03:32 PM IST
Written by Harshit Sabarwal | Edited by Sohini Goswami, New Delhi
Wipro set to offer promotions to top employees every quarter in a first: Report
Amid the pandemic, attrition rate in the IT sector has been rising consistently and has now reached a new high. This scenario is said to be playing out at all the top information technology companies.
Published on Jul 11, 2022 12:25 PM IST
These IT firms are gearing up to bring back employees to offices
According to news reports, three prominent IT firms viz. Wipro, Cognizant and Infosys are heading to the Work From Office model that existed before the pandemic struck.
Updated on Feb 21, 2022 07:29 PM IST
Written by Harshit Sabarwal | Edited by Aryan Prakash, New Delhi
Belagavi job fair: TCS, Wipro Byjus among others to take part
The Minister for Higher Education, IT-BT and Skill Development Dr C N Ashwath Narayan said candidates who have completed BE, B Tech., M Tech., Diploma and ITI can participate in the fair.
Published on Dec 21, 2021 05:25 PM IST
PTI | , Belagavi
Azim Premji retains top spot as India's ‘most generous’ billionaire. Full list
The Wipro founder donated ₹9713 crore in FY 2021, as per the Edelgive Hurun India Philanthropy List 2021. This amounts to ₹27 crore a day.
Published on Oct 28, 2021 08:00 PM IST
hindustantimes.com, New Delhi
Wipro shares surge nearly 8% on better-than-expected Q2 earnings
Wipro on Wednesday posted a 17 per cent jump in consolidated net profit to ₹2,930.6 crore for the quarter ended September 30, 2021. The company posted a net profit of ₹2,484.4 crore in the same period a year ago.
Updated on Oct 14, 2021 11:51 AM IST
hindustantimes.com | Written by Meenakshi Ray, New Delhi
Infosys raises outlook for FY22; Wipro hits $10 billion run rate
The IT companies surpassed Street estimates with their quarterly earnings
Updated on Oct 14, 2021 05:01 AM IST
Ayushman Baruah, Livemint, Bengaluru
Wipro, Asian Paints, HCL in Hurun Global 500 list
On the flip side, 48 companies dropped out of the list. Notable names included New York Life Insurance that saw profits drop by half, while furniture retailer IKEA reported a 29% fall in operating profit due to the pandemic.
Published on Aug 21, 2021 12:29 AM IST
Abhinav Kaul, Hindustan Times, New Delhi
Wipro may see fastest growth in revenue among peers this fiscal
Double-digit organic growth is important as Wipro has struggled to keep pace with its larger peers in the last decade, especially over the last few years
Updated on Aug 02, 2021 04:26 AM IST
varun sood, New Delhi
Wipro logs ‘best-ever’ Q1 with profit at ₹3,230 cr
The Bengaluru-based company said fiscal first-quarter profit rose 35% to ₹3,230 crore from a year ago, beating analyst estimates by a wide margin.
Published on Jul 16, 2021 01:36 AM IST
Ayushman Baruah, Hindustan Times, New Delhi
Wipro announces salary hikes for junior staff from September 1
All eligible employees above band C1 (Managers and above) will receive pay hikes effective June 1, Wipro said.
Published on Jun 18, 2021 05:31 PM IST
PTI |
Wipro shares jump nearly 10% after Q4 earnings
The stock jumped 9.51 per cent to ₹472 -- its 52-week high -- on the BSE.
Published on Apr 16, 2021 12:12 PM IST
PTI | , New Delhi
Wipro's Q4 net profit soars by 27.7% to ₹2,972 cr
The IT major had posted a net profit of ₹2,326.1 crore attributable to equity holders in the same period in 2020.
Published on Apr 15, 2021 04:46 PM IST
PTI | , New Delhi
CSR should not be legally mandated, philanthropy comes from within: Azim Premji
"I do not think we should have a legal mandate for companies to do CSR. Philanthropy or charity or contribution to society must come from within, and it cannot be mandated from outside. But that's my personal view."
Published on Feb 20, 2021 05:01 PM IST
PTI | , New Delhi
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