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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.

According to reports, Wipro has some 20,500 employees across the US, Canada, Mexico and Brazil (Bloomberg file photo)
Published on Mar 19, 2023 02:19 PM IST
By, 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.

The IT major is facing severe flak on social media (Bloomberg file photo)
Published on Feb 21, 2023 01:12 PM IST
By, 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.

Wipro has fired 452 trainees.(Bloomberg file photo)
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.

Wipro Q3 results(Bloomberg file photo)
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.

Only about two dozen companies have market valuation larger than the temple trust's networth. (ANI Photo)
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.

Happiest Mind Technologies has started getting employees back to office as the scope for practices like moonlighting is minimal which can be identified and eliminated earlier. (Reuters File Photo)
Published on Oct 24, 2022 10:30 AM IST
By | 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.

Angan Guha (File Photo/LinkedIn)
Updated on Oct 14, 2022 01:46 PM IST
By, 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.

Wipro Chief Executive Officer Thierry Delaporte during a press conference.(PTI file image)
Published on Oct 13, 2022 01:10 PM IST
By | 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.

Wipro's forecast for a soft revenue growth and a nine-quarter low net hiring reflects
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.

The Bengaluru-based company said its total quarterly expenses jumped 19.2% to 193.95 billion rupees.(Bloomberg file photo)
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.

As the debate unfolded, some people said that instead of looking at 'moonlighting' as a criminal act, there could be a more positive approach,(REUTERS)
Published on Oct 11, 2022 05:42 PM IST
By | 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.

Besides Infosys, tech companies like Tech Mahindra and HCL have also been reportedly delaying onboarding process(Reuters File Photo)
Published on Oct 03, 2022 07:24 PM IST
By | 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.

Microsoft CEO Satya Nadella(AP File Photo)
Published on Sep 24, 2022 11:02 AM IST
By | 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.

Wipro fires 300 employees for moonlighting(Mint Photo)
Published on Sep 21, 2022 07:15 PM IST

‘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".

IT giant Wipro, however, took a stand by volunteering to help clear the encroachments on its Bengaluru campus.( (Facebook))
Published on Sep 20, 2022 09:47 AM IST
ByYamini 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.

The Bruhat Bengaluru Mahanagara Palike has identified at least 15 encroachments by various builders and IT parks in Mahadevapura zone. (PTI)
Updated on Sep 15, 2022 04:27 AM IST
By, 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.

For the first quarter that ended June 2022, Wipro reported about a 21% year-on-year fall in its consolidated net profit to <span class='webrupee'>₹</span>2,563.6 crore.(File photo)
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.

Employees enter a Wipro Ltd. office building in the Electronic City area of Bengaluru. (Bloomberg file image)
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.

Since the emergence of Covid-19 in the country in late January 2020, work from home (WFH) has been the new normal for a majority of office goers.(HT file photo. Representative image)
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.

HP, Narayana Group, UTL, Ola, Tata Communications, Tata Business Hub Ltd, Jasmin Infotech, would be among the companies that would participate in the fair. (HT File)
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.

Azim Premji (File Photo)
Published on Oct 28, 2021 08:00 PM IST
By, 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.

Wipro said its consolidated revenue increased by about 30 per cent to <span class='webrupee'>₹</span>19,667.4 crore during the quarter. (Bloomberg File Photo)
Updated on Oct 14, 2021 11:51 AM IST
By | 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

Wipro, which only provides a forecast for the quarter ahead, said it expects revenue growth in the December quarter to be in the range of 2-4%, driven by an improving demand environment.(HT File)
Updated on Oct 14, 2021 05:01 AM IST
ByAyushman 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.

Notably, US-based Alphabet, Microsoft, Amazon and Apple added $1.5 trillion of value, 18% of the entire list.
Published on Aug 21, 2021 12:29 AM IST
ByAbhinav 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

Wipro does not give a full-year forecast.(Bloomberg)
Updated on Aug 02, 2021 04:26 AM IST
Byvarun 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.

Thierry Delaporte, who completed a year in office this month, is executing a five-point strategy(Mint)
Published on Jul 16, 2021 01:36 AM IST
ByAyushman 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.

IT major Wipro
Published on Jun 18, 2021 05:31 PM IST

Wipro shares jump nearly 10% after Q4 earnings 

The stock jumped 9.51 per cent to ₹472 -- its 52-week high -- on the BSE.

Employees enter a Wipro Ltd. office building in the Electronic City area of Bengaluru. (Bloomberg)
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.

Employees enter a Wipro Ltd. office building in the Electronic City area of Bengaluru. (Bloomberg)
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."

Azim Premji, who donated <span class='webrupee'>₹</span>7,904 crore in donations last year ( <span class='webrupee'>₹</span>22 crore a day), also highlighted that the Covid-19 crisis was a
Published on Feb 20, 2021 05:01 PM IST
PTI | , New Delhi
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