Page 41 - Wipro News Today

The auto major posted a 19.10% rise in gross sales at Rs 36,694.20 crore during the quarter under review. Net profit of Bajaj Auto also increased 17.99% YoY to Rs 2,011.43 crore.

India Business News: Srini Pallia, Wipro's newly-appointed CEO, is set to receive an annual compensation package ranging from $4.5 million to $7 million, as disclosed in t

The market capitalisation of BSE-listed companies soared to an all-time high of Rs 406.52 lakh crore on Monday thanks to a rally in equities where the BSE Sensex climbed over 1 per cent. The 30-share BSE Sensex rallied 941.12 points or 1.28 per cent to finish at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15.

IT Sector: In the past two weeks of the final quarter and full fiscal 2024 earnings announcements, most IT majors failed to meet their revenue growth guidance. Many downward revisions for the year ahead were seen despite most firms bagging large deals and sitting on an arsenal of historic total contract value (TCV) wins.

The top six information technology services companies in India reported a reduction in their total headcount in the last fiscal year, with only HCLTech adding employees. Factors contributing to this reduction include the economic slowdown, automation, restructuring, and decreased discretionary spending. The drop in headcount reflects the aftermath of excessive hiring during the Covid boom and ongoing industry contraction in demand. However, experts believe that this trend may have bottomed out, ...

Top five Indian IT services giants including Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro and Tech Mahindra together lost around 69,167 employees…

Once known for hiring hundreds of thousands every year, five of Indias top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal year.

In the past two weeks of the final quarter and full fiscal 2024 earnings announcements, most IT majors failed to meet their revenue growth guidance. Many downward revisions for the year ahead were seen despite most firms bagging large deals and sitting on an arsenal of historic total contract value (TCV) wins.

Bajaj Finance vs Jio Financial: Bajaj Finance and Jio Financial reveal mixed Q4 performance. Bajaj Finance reports YoY double-digit profit and interest income increase, while Jio Financial sees single-digit rise QoQ.

Tracing the Transformation of India's "Second Capital" Over Decades