IT Giant Wipro Reports Flat Net Profit In Q2 Amid Global Economic Uncertainty
The Indian IT services sector has been contending with soft demand for the last three quarters as clients delayed deal-making decisions or are outright cutting back on expenditure. Businesses are reducing spending on discretionary IT projects amid steep inflation that has resulted in higher interest rates.
Oct 18, 2023, 18:50 PM IST
Wipro Appoints Brijesh Singh As Global AI Head
Wipro ai360 builds on the company's decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients, the company said.
Aug 21, 2023, 16:43 PM IST
Meet The Spirit Behind Infosys On Her Birthday, Who Is Known For Her Humility And Compassion
Sudha Murthy’s role has gone beyond just mere as a wife of Infosys founder Narayna Murthy. Her influence and support have played an instrumental role in shaping the trajectory of Infosys and its journey to becoming a global powerhouse.
Aug 19, 2023, 16:50 PM IST
Infosys founders taking part in buyback not to send wrong signal: Balakrishnan
Infosys founders participating in the Rs 13,000 crore buyback offer does not give any wrong signal to shareholders, the IT giant's former CFO V Balakrishnan has said.
Aug 30, 2017, 15:08 PM IST
Techie working with IT giant steals two cars in a day, arrested
A software engineer, working with an IT giant, has been arrested here for allegedly stealing two cars, police said on Thursday.
Dec 24, 2015, 16:46 PM IST
NEC posts April-June loss on weak telecom sales
The information technology giant reported a net loss of 10.02 billion yen ($81 million) in the April-June period, barely changed from its shortfall a year earlier.
Jul 30, 2015, 14:37 PM IST
TCS says on track to exceed 55,000-hiring target for FY15
IT giant TCS on Friday said it is undertaking a performance-based workforce restructuring, but it is not a "retrenchment" exercise and the company may exceed its target of hiring 55,000 new professionals this fiscal.
Dec 12, 2014, 19:06 PM IST
Samsung makes $14.7 bn bet with new S.Korean chip plant
April-June operating profit for Samsung`s mobile division fell in annual terms for the second straight quarter, the longest streak since at least 2011.
Oct 06, 2014, 14:41 PM IST
Microsoft phones with Opera browser to hit market early next year
The IT giant, which bought phone maker Nokia, entered into an agreement with Oslo-based Opera Software a couple of months ago.
Sep 24, 2014, 19:33 PM IST
