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Cognizant to hike salaries in August, marks second year of such a delay: Report

After its new CEO Ravi Kumar took office, bonuses are given in March while hikes are given in August, when hikes used to be given in March as well earlier.

Figurines with computers and smartphones are seen in front of Cognizant logo in this illustration taken, February 19, 2024. (Dado Ruvic/Reuters)
Published on Mar 03, 2025 03:42 PM IST

Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit

Wipro CEO and Managing Director Srinivas Pallia said clients are cautiously optimistic, and added that discretionary spending is slowly returning.

Srinivas Pallia, chief executive officer of Wipro Ltd(Bloomberg)
Published on Jan 17, 2025 11:07 PM IST
PTI |

Wipro chairman Rishad Premji explains why work-life balance is important

Wipro chairman Rishad Premji's statement comes at a time when Narayana Murthy of Infosys promoted and reiterated his belief in the 70-hour work-week.

Wipro Chairman Rishad Premji also claimed Wipro trains its managers to be sensitive to people, to look for signs and have conversations openly regarding work-life balance.(Hemant Mishra/Mint)
Published on Nov 20, 2024 10:41 AM IST

IITian thanks tech job for helping him build a house for his family

A Bengaluru-based employee of a financial company thanked his tech job for helping him build a house for his family

A Bengaluru-based techie has gone viral after posting about his family home. (Representational image)
Published on Nov 18, 2024 09:33 AM IST

Nifty, Sensex open on higher note amid positive global cues, IT shares rally

Sensex and Nifty opened higher due to positive global cues, with major gains in ONGC, Wipro, and Tech Mahindra.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Updated on Aug 26, 2024 10:01 AM IST

Indian ownership of British companies

INDIA-FIRMS-INVESTMENT-BRITAIN:Factbox-Indian ownership of British companies

Indian ownership of British companies
Published on Aug 12, 2024 07:16 PM IST
Reuters |

Wipro Infrastructure Engineering acquires US-based Columbus Hydraulics

Columbus Hydraulics has been acquired to strengthen presence in the North American market, Wipro Infrastructure Engineering said in a statement.

Manufacturing unit of Columbus Hydraulics in the US which has been acquired by homegrown Wipro Infrastructure Engineering. (PTI)
Published on Aug 08, 2024 04:50 PM IST
PTI |

Techies rant against stagnant salaries at TCS, Tech Mahindra: ‘Same since 2007’

A post about stagnant salaries at one of India’s top IT companies TCS has gone viral online with over a million views.

Salaries at India's top IT firms have stagnated over the last decade (Getty Images/iStockphoto)
Updated on Jul 31, 2024 02:22 PM IST
Edited by Sanya Jain

53 companies to declare Q1 2024-25 results including Reliance, Wipro, Paytm

53 companies like Reliance Industries, Wipro, Paytm, JSW Energy, JSW Steel, and Patanjali Foods will are slated to announce their financial results today.

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (Niharika Kulkarni/Reuters)
Published on Jul 19, 2024 11:30 AM IST

Working in IT sector? Infosys, Wipro & TCS' average salary hikes in 2023-24

IT companies give single digit increments to employees who don't have niche skills due to large availability of entry-level talent and increasing business cost.

Employees of India's top three IT companies are seeing salary hikes fall to single-digit percentages of 5-9% in the financial year 2023-24 after a two-year period of double-digit growth (DSMax)
Published on Jul 19, 2024 10:42 AM IST

Divyanka Tripathi, Vivek Dahiya have amendable tickets to return home

Divyanka Tripathi Dahiya and Vivek Dahiya were robbed in Florence, Italy of money and their valuable items.

Divyanka Tripathi and Vivek Dahiya had gone for a European vacation to celebrate wedding anniversary.
Updated on Jul 13, 2024 02:16 PM IST
ByYashika Mathur

Cognizant pays 4 crore to settle CFO Jatin Dalal's lawsuit with Wipro

Cognizant said that former Wipro senior vice president (SVP) Mohammad Haque's lawsuit with Wipro has also been settled.

Figurines with computers and smartphones are seen in front of Cognizant's logo.(Reuters)
Updated on Jul 09, 2024 08:19 PM IST

Adani Ports enters Sensex today, Wipro exits as part of semi-annual rejig

Adani Ports stock will start trading as a Sensex constituent now owing to which brokerage firm Nuvama expects passive inflows of $259 million.

A general view of a container terminal is seen at Mundra Port, one of the ports handled by India's Adani Ports and Special Economic Zone Ltd, in Gujarat.(Reuters)
Updated on Jun 24, 2024 11:46 AM IST

Morning briefing: Kuwait fire triggers authorities' crackdown, and more

A shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check out.

Smoke billows after a fire broke out in a building, in Mangaf, Kuwait, on Wednesday. (HT_PRINT)
Published on Jun 13, 2024 09:22 AM IST

Infosys, Wipro, TCS leave freshers in limbo as onboarding deferred: Report

Data from the IT employee union Nascent Information Technology Employees Senate showed that India’s leading IT firms delayed onboarding of freshers.

In FY24, Infosys hired only 11,900 campus recruits- a decrease of 76% compared to 50,000 freshers that the company hired in the previous year.
Updated on Jun 13, 2024 10:08 PM IST

Adani Ports to included in Sensex from June 24, Wipro out of benchmark

Adani Ports included in Sensex, replaces Wipro to enter benchmark

Adani group chairman Gautam Adani.(ANI)
Updated on May 24, 2024 04:25 PM IST

Highest paid CEO in Indian IT for FY24 is Thierry Delaporte. His salary is…

Thierry Delaporte earned more than $3.9 million as salary and allowance, over $5 million as commission/variable pay.

Wipro CEO Thierry Delaporte is the highest paid CEO in India. (PTI)
Published on May 23, 2024 11:24 AM IST
By | Edited by

TCS CEO earns 25.36 crore- least among IT firms heads. Who earns the highest?

K Krithivasan's salary is the lowest amongst the large IT firms. TCS outgoing chief operating officer NG Subramaniam earned more than K Krithivasan in FY24.

Tata Consultancy Services Ltd (TCS) CEO K Krithivasan during a press conference in Mumbai.(PTI)
Published on May 10, 2024 08:42 AM IST

Bengaluru water body to supply three lakh litres of treated water to Wipro daily

The BWSSB will supply three lakh litres of treated water daily to Wipro through tankers.

The water will be supplied to Wipro from Agara sewage treatment plant (STP). (Yogendra Kumar/HT PHOTO)
Published on May 03, 2024 01:00 PM IST
PTI | | Posted by Yamini C S

Wipro's Srinivas Pallia is second-highest paid CEO in industry. His salary is…

Srinivas Pallia has worked at Wipro for over three decades. His last role was as the CEO for Americas 1, Wipro's biggest and fastest-growing strategic market.

Srinivas Pallia, chief executive officer of Wipro Ltd., during a news conference in Bengaluru, India.(Bloomberg)
Updated on Apr 30, 2024 11:25 AM IST

Wipro CEO Thierry Delaporte to get whopping severance pay. Here's how much

Wipro's Thierry Delaporte stepped down from his position of MD and CEO. Srinivas Pallia will be Wipro's new CEO.

Wipro CEO Thierry Delaporte speaks during a press conference in Bengaluru, India.(Reuters)
Updated on Apr 25, 2024 02:10 PM IST

Wipro share price: Down 15% from its 1-year high. What analysts recommend

Wipro share price: Wipro share price trend shows that the counter has dropped 15% from its one-year high.

Wipro share price: Wipro announced its Q4 results on April 19.(Reuters)
Published on Apr 23, 2024 09:09 AM IST

TCS, Infosys, Wipro together report huge loss in staff count - 63,759 - in FY24

In a first in 20 years, the top three Indian IT companies, TCS, Infosys and Wipro together have reported huge loss in employee count that adds up to 63,759.

TCS, Infosys and Wipro have together logged a massive drop in headcount in a first in 20 years.(HT File (Representative Image))
Updated on Apr 19, 2024 06:48 PM IST

Wipro Q4 net profit falls 7.8% to 2,835 cr; new CEO flags uncertainty in macro environment

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment

Wipro Q4 net profit falls 7.8% to <span class='webrupee'>₹</span>2,835 cr; new CEO flags uncertainty in macro environment
Published on Apr 19, 2024 06:02 PM IST
PTI |

Q4 results today: Wipro, Jio Finance, HDFC AMC among companies to post earnings

Q4 results today: Wipro is likely to report muted earnings for fourth quarter as the company is estimated to report consolidated net profit of ₹2,746 crore.

Q4 results today: The companies which will post their Q4 earnings include Wipro, Jio Financial Services, HDFC Asset Management Company.
Published on Apr 19, 2024 09:53 AM IST

Q4 results: TCS reports profit, but what of Infosys and Wipro?

Infosys and Wipro will announce their Q4 results this week.

TCS has revealed its Q4 result and beaten analysts expectations. Now, all eyes are on Infosys and Wipro.(REUTERS)
Updated on Apr 15, 2024 04:57 PM IST

Who is Srinivas Pallia, new Wipro CEO after Thierry Delaporte's resignation?

Srinivas Pallia, a current company executive board member, will take over as Wipro CEO and MD effective Sunday.

Srinivas Pallia was announced as the new CEO of Wipro after Thierry Delaporte resigned.(Wipro)
Published on Apr 06, 2024 08:11 PM IST

Wipro CEO Thierry Delaporte resigns after nearly four-year stint at tech giant

Wipro CEO Thierry Delaporte has resigned with effect from April 6. He will be relieved from employment on May 31, the company said in a statement

Wipro CEO Thierry Delaporte was appointed as CEO and MD in July 2020.
Updated on Apr 06, 2024 08:39 PM IST

Q4 results: Infosys March quarter earnings on April 18. Dates for HDFC, ICICI

Q4 results: HDFC AMC Ltd will announce its March quarter earnings on April 19. HDFC Bank Ltd will declare its quarterly results on April 20.

Brokerage firm Nirmal Bang expected Infosys to report a total contract value (TCV) in the range of $2-3 billion for the March quarter. (Reuters)
Updated on Apr 01, 2024 11:10 AM IST

Stocks to watch on March 26: Bharti Airtel, Tech Mahindra, Paytm, Wipro and more

Stocks to watch on March 26: Look out for Tech Mahindra stock today as the company said that it plans to merge its two wholly-owned subsidiaries.

Stocks to watch on March 26: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Updated on Mar 26, 2024 08:34 AM IST
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