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Wipro

Rishad Premji, son of IT czar Azim Premji

More Employees Need To Work From Offices, Says Wipro Chairman Rishad Premji

The Wipro Chairman also said that coming to office helps in establishing a connect and an intimacy which is very essential for us as humans, and made it clear that no technology can be of help on the same

02 March 2023

Wipro.

IT Employees Union Writes To Labour Ministry Against Wipro’s Salary Cuts For Freshers: Report

As per the letter written by NITES President Harpreet Singh Saluja, the onboarding of the employees should have been completed in August 2022

22 February 2023

Wipro

Mass Layoffs: Wipro Fires More Than 400 Freshers For Failing Performance Tests

The company clarified that the internal assessment measures were required to align the employees to the business objectives of the organisation

21 January 2023

Wipro.

Wipro Announces 4 Strategic Global Business Lines For Deeper Alignment With Clients' Business Needs

The model underscores the company's continued pivot toward strategic bet areas and its focus on leveraging the power of 'One Wipro' to deliver on clients' entire spectrum of business and technology transformation goals

28 February 2023

Wipro Shares Tumble 6% After Q3 Earnings; Mcap Declines By Rs 22,712.91 Crore

Wipro Cuts Salary Offers To Freshers Awaiting Onboarding; IT Union NITES Slams Move As 'Unfair'

Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 percent under one program has been termed unjust and unacceptable by the employees union NITES, which demanded that the IT company should...

21 February 2023

Wipro Shares Settle Over 1% Higher After Earnings Announcement

Wipro Shares Settle Over 1% Higher After Earnings Announcement

The company's market valuation jumped Rs 2,799.31 crore to Rs 2,18,737.31 crore on the BSE

16 January 2023

Wipro Salary Cut Row: Employee Union Writes To Labour Minister Calling For Strict Action Against Company

Wipro recently reached out to candidates to whom it had earlier rolled out an offer of Rs 6.5 lakh per annum (LPA) asking them if an offer of Rs 3.5 lakh in annual compensation would be acceptable to them

23 February 2023

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Wipro

Wipro December Quarter Profit Rises 3% To Rs 3,053 Crore On Strong Deal Pipeline

In dollar terms Wipro's revenue in third quarter of current financial year came in at $2.8 billion and company recorded 10.4 per cent growth in constant currency terms annually

13 January 2023

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23 December 2022
Wipro Gallagher Sells Its Stake In Wipro Opus Risk Solutions

Wipro Gallagher Sells Its Stake In Wipro Opus Risk Solutions

With this transaction, Wipro Gallagher has divested only the non-core mortgage due diligence business, while retaining the core mortgage business with itself...


19 December 2022
Wipro Acquires Packaged Food And Spices Brand Nirapara

Wipro Acquires Packaged Food And Spices Brand Nirapara

With this acquisition, Wipro Consumer Care joins FMCG firms such as Dabur, Emami, Tata Consumer Products Ltd and ITC, which are already present in the spices...


25 November 2022
Sensex, Nifty Scale Record Highs For Second Straight Session Led By Reliance, Axis Bank

Sensex, Nifty Scale Record Highs For Second Straight Session Led By Reliance, Axis Bank

In a choppy and range-bound trade, the 30-share BSE Sensex rose by 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high.


27 October 2022
After Infosys And Wipro, Now IBM Warns Employees Against Moonlighting

After Infosys And Wipro, Now IBM Warns Employees Against Moonlighting

The latest report suggests that IBM has sent a message to its workforce clarifying that a second job in any capacity is against the company’s interest.


16 October 2022
IT Firms Headed For Lower Attrition On Fears Of Global Recession, Say Analysts

IT Firms Headed For Lower Attrition On Fears Of Global Recession, Say Analysts

Infosys, whose high levels of attrition had alarmed analysts at one point, reported lower attrition of 27.1 per cent in just-concluded quarter, compared to...


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14 October 2022
After Wipro, Now Infosys Confirms Sacking Employees For Moonlighting

After Wipro, Now Infosys Confirms Sacking Employees For Moonlighting

The confirmation of Infosys employees losing their jobs due to moonlighting comes almost a month after Wipro sacked nearly 300 employees for the same.


13 October 2022
Wipro Lays Out Five-Year Salary Plans for Freshers, Campus Placements

Wipro Lays Out Five-Year Salary Plans for Freshers, Campus Placements

By doing this, Wipro has taken a step to make it clear as to what freshers can expect in their packages in terms of salary structure, annual increments, bonus...


12 October 2022
Wipro Q2 Net Drops 9.6% To Rs 2,649 Crore

Wipro Q2 Net Drops 9.6% To Rs 2,649 Crore

The company reported a net profit of Rs 2,649.1 crore in July-September quarter, compared to Rs 2,930.6 crore in the same period a year back


12 October 2022
Wipro Fired 300 Employees For Moonlighting, Twitter Abuzz With Theories About How Company Found

Wipro Fired 300 Employees For Moonlighting, Twitter Abuzz With Theories About How Company Found

A viral Twitter thread explains how the ‘humble looking’ PF account helped discover the two or more timing of Wipro employees.


22 September 2022
What Is Moonlighting? Here’s Why Wipro Fired 300 Employees For Doing It

What Is Moonlighting? Here’s Why Wipro Fired 300 Employees For Doing It

Wipro is not the only company that has raised concerns against 'moonlighting', a few days ago, even IBM warned against the latest trend


21 September 2022
Wipro Fires 300 Employees For Moonlighting

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...


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01 September 2022
Indian IT Companies Brace Themselves As US Fed Warns Of Rate Hikes To Curb Inflation

Indian IT Companies Brace Themselves As US Fed Warns Of Rate Hikes To Curb Inflation

The rate hikes could spell bad news for the Indian IT companies which earn a large chunk of their revenue from companies in the US


25 August 2022
Why Are Indian IT Companies Withholding Their Employee’s Variable Salary

Why Are Indian IT Companies Withholding Their Employee’s Variable Salary

Combating high attrition with pay hikes squeezed margins, forcing Infosys, Wipro and Tata Consultancy Services to take a hard look at their employees’...


22 August 2022
Infosys Reduces Average Variable Pay To 70% For June Quarter Amid Margin Squeeze

Infosys Reduces Average Variable Pay To 70% For June Quarter Amid Margin Squeeze

According to the sources, Infosys has reduced variable payout for the June quarter or Q1 FY23 to about 70 per cent and the employees have been informed about...


17 August 2022
Sensex Surges Above 400 Points; Settles Above 60,000 Mark

Sensex Surges Above 400 Points; Settles Above 60,000 Mark

The 30-share BSE index jumped 417.92 points or 0.70 per cent to settle at 60,260.13. During the day, it climbed 481.04 points to 60,323.25


21 July 2022
Microsoft India Most 'Attractive Employer Brand' In India: Randstad

Microsoft India Most 'Attractive Employer Brand' In India: Randstad

According to Randstad Employer Brand Research (REBR) 2022, Microsoft India scored very high on financial health, strong reputation and attractive salary &...


19 July 2022
Wipro Will Enhance Efforts In Web 3.0 And Metaverse, Bitcoin Rises

Wipro Will Enhance Efforts In Web 3.0 And Metaverse, Bitcoin Rises

The price of Bitcoin rose 0.08 in the last 24 hours, Ethereum up by 5.06 per cent


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