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Wipro Q2 net profit climbs 21.2%; announces 1:1 bonus share

IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. Srini Pallia, Wipro CEO. Photograph: Kind......

Analysts bearish on Wipro after Delaporte's exit, see up to 15% downside

Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive officer (CEO) of the company, analysts expect the stock's underperformance to continue in the near-future.......

IT firms may report muted Q4 growth, eyes on FY25 guidance

January-March quarter, is considered to be a soft quarter, and will continue to see the headwinds that the sector has been facing. And the sector will enter the new financial year on a weak......

Wipro's leadership crisis gets more severe with Thierry Delaporte's exit

The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro......

Wipro set to cut hundreds of jobs

After startups and Big Tech, the layoff season may have begun at the $245 billion Indian information-technology (IT) industry. Photograph: Abhishek N Chinnappa/Reuters Bengaluru-based IT major......

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