Cognizant sues software rival Infosys for allegedly stealing trade secrets
Texas/IBNS: American IT services giant Cognizant's TriZetto Software Group has filed a case against India's homegrown IT service major Infosys in Texas federal court on Friday (August 23), accusing the latter of stealing trade secrets related to its healthcare insurance software.
Wipro's Q1FY25 net profit grows 5.2% to Rs 3,037 cr
Bengaluru: IT services major Wipro reported a net profit of Rs 3,036.6 crore for the first quarter of FY25, a 5.2 percent increase from the same period last year and a 6.2 percent rise quarter-on-quarter, media reported.
Wipro’s Chief Operating Officer Amit Choudhary resigns, Sanjeev Jain to replace him
Mumbai: Indian IT services firm Wipro’s Chief Operating Officer Amit Choudhary has resigned to pursue opportunities outside the organization, according to an exchange filing by the company.
Wipro's headcount drops 9.5% to 2,34,054 in FY24
Mumbai: India’s fourth largest Indian IT service firm Wipro Friday said it experienced a decrease in its headcount by 9.5% during fiscal year 2024.
Wipro Q4FY24: Net profit drops 8% YoY to Rs 2,835 cr
Mumbai: IT company Wipro Ltd on Friday announced a drop of 8 percent in its net profit for the fiscal fourth quarter ending March 31, 2024, amounting to Rs 2,835 crore, surpassing expectations.
Mumbai: Last week, IT giant Tata Consultancy Services (TCS) launched the fourth-quarter earnings season with results that surpassed expectations and impressive operating margins.
Narayana Murthy's job application at Wipro was once turned down by Azim Premji: Report
Bengaluru: Infosys founder NR Narayana Murthy was rejected when he sought employment at Wipro, he revealed in a recent CNBC-TV18 interview.
Wipro joins hands with NVIDIA to integrate generative AI in healthcare
Bengaluru: Leading IT firm Wipro on Tuesday announced a partnership with chip-maker NVIDIA aimed at expediting the integration of generative artificial intelligence (AI) in healthcare enterprises.
Wipro's Executive Chairman Rishad Premji takes voluntary cut in his FY23 salary
Mumbai: Wipro’s Executive Chairman Rishad Premji has taken a voluntary reduction in his salary for the fiscal year 2023, according to a recent filing made to the Securities and Exchange Commission in the US.
Wipro's net profit moves up 2.8 pc to Rs 3,053 cr
Bengaluru: Wipro's net profit in December quarter rose 2.8 per cent annually to Rs 3,053 crore from Rs 2,969 crore in the same quarter last year.
IBM India MD Sandip Patel cautions workers against moonlighting: Report
IBM has warned its employees against moonlighting without following proper procedures, media reports said.
'Don't support dual employment, we have let go of moonlighters': Infosys CEO Salil Parekh
India's second-largest IT services company Infosys said Thursday that it doesn't allow moonlighting and fired several employees for dual employment over the past 12 months, according to media reports.
Wipro sacks 300 employees found moonlighting for competitors
IT company Wipro has fired 300 employees who were moonlighting for its competitors, including Infosys Ltd and Tech Mahindra Ltd, reasserting its stand on dual employment.
Wipro's Q1FY23 net profit declines 21 pc YoY to Rs 2,564
Wipro Ltd (Wipro) Wednesday reported a 20.93 percent year-on-year (YoY) drop in its consolidated net profit at Rs 2,563.6 crore for the quarter ended June against a PAT of Rs 3,242.6 crore recorded during the same period last year.
LG, Mitsubishi, Wipro and 12 others selected in 2nd round of PLI scheme for White Goods
A total of 15 applicants have been selected under the 2nd round of the PLI scheme in White Goods.