Locals form over 50% of workforce in US, says Wipro
IT major Wipro on Wednesday said that locals now form over 50 percent of its workforce in the United States.
Jun 28, 2017, 21:28 PM IST
Wipro flags cybersecurity breaches as potential risk to biz
IT major Wipro has listed cybersecurity breaches as a potential risk to its business, stating that such attacks could lead to financial obligations to its customers.
Jun 18, 2017, 12:33 PM IST
Wipro ADRs slump on the NYSE; company clarifies on bonus issue
Wipro on Monday said the date for issuing bonus or stock dividend to the holders of its American Depository Receipts is yet to be finalised, amid the ADRs witnessing steep fluctuations in pre-market trading on the New York Stock Exchange.
Jun 12, 2017, 22:49 PM IST
IT stocks continue to see selling pressure, down up to 3.6%
IT stocks continued to witness selling pressure for the second straight session Thursday, falling by up to 3.6 percent amid rising concerns as the sector is facing challenges on multiple fronts including stricter visa regime in key markets.
Jun 08, 2017, 18:03 PM IST
Reports of job losses overstated, to hire 20K this year: Infosys
IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated".
Jun 02, 2017, 18:05 PM IST
Layoffs rile India's flagship IT sector, tough times likely to continue
IT outsourcing has long been one of India`s flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald Trump`s clampdown on visas is creating industry-wide upheaval.
May 31, 2017, 11:48 AM IST
Employee separation offer 1st time in India, US: Cognizant
Under fire for its 'employee separation package', IT firm Cognizant has said the company has offered it in India and the US for the first time, unlike its peers who keep taking such steps regularly.
May 25, 2017, 19:35 PM IST
No mass layoffs; workforce realignment happens every year: Nasscom
Stating that the reports of mass layoffs were incorrect, it said workforce realignment, linked to performance appraisal processes, is a regular feature every year.
May 12, 2017, 22:17 PM IST
After Infosys and Wipro, now Tech Mahindra looks to lay off hundreds on 'performance' ground
After Infosys and Wipro, it's now IT firm Tech Mahindra that could hand out pink slips to hundreds of employees as it looks to "weed out bottom performers".
May 10, 2017, 23:57 PM IST
Wipro steps up security after getting Rs 500-cr extortion email warning 'toxic protein drug' attack
IT major Wipro on Saturday said it has augmented security measures at all its office locations after receiving a "threatening letter from an unidentified source".
May 07, 2017, 10:46 AM IST
Wipro recieves 'threatening' letter; Rs 500 crore in digital currency of bitcoins demanded
IT major Wipro on Saturday said it has augmented security measures at all its office locations after receiving a "threatening letter from an unidentified source".
May 06, 2017, 18:03 PM IST
Wipro unveils new logo, looks to assert position
After almost two decades, India's third largest IT firm Wipro has revamped its logo as it looks to assert its position as a trusted digital transformation partner.
May 02, 2017, 20:45 PM IST
In Q1, more than 50% employees to be locals in the US: Wipro
IT firm Wipro expects locals to constitute more than half of its workforce in the US by June as it continues to make "significant" investments in the American market amid tightening of visa norms.
Apr 25, 2017, 20:41 PM IST
Wipro Q4 profit up marginally, company announces bonus shares
Wipro on Tuesday posted a marginal increase in its consolidated profit at Rs 2,267 crore for the quarter ended March.
Apr 25, 2017, 17:24 PM IST
Wipro sacks hundreds of employees post performance appraisal
At the end of December 2016, the Bengaluru-based company had over 1.79 lakh employees.
Apr 21, 2017, 09:26 AM IST
Tata Steel, Wipro in world's most ethical companies' list
Two Indian companies, Tata Steel and Wipro, have been named in the list of world's most ethical companies by American think tank Ethisphere Institute.
Mar 14, 2017, 19:02 PM IST
Well-positioned to continue leading India market: TCS
India's largest software services exporter TCS says it is confident of maintaining leadership position in the domestic market that is witnessing strong technology adoption in private as well as public sectors.
Feb 26, 2017, 22:49 PM IST
Indian IT industry faces twin challenges of Trump, automation
Automation and the new U.S. administration were the big unknowns at the Indian tech sector`s annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American market.
Feb 18, 2017, 00:00 AM IST
Indian IT stocks slump over proposed H-1B visa reform bill
Indian IT stocks tumbled during the mid-afternoon trade session on Tuesday as the US government introduced a proposed visa reform bill in the US House of Representatives.
Jan 31, 2017, 17:08 PM IST
Wipro Q3 net profit falls 5.8% to Rs 2,114.8 crore
Country's third largest software services firm Wipro on Wednesday posted a 5.8 percent drop in its consolidated net profit to Rs 2,114.8 crore for the quarter ended December 31, 2016.
Jan 25, 2017, 18:08 PM IST
