It Services

Wipro shares decline 6% post Q4 earnings, IT major posts 6% fall in net profit to Rs 2,345 crore

Shares of IT major Wipro on Thursday dropped 6 percent after the company posted a 6 percent decline in net profit for March quarter that was battered by the fallout of Covid-19

Wipro Q4 net profit slips 6% to Rs 2,345 cr; suspends revenue guidance amid uncertainty over coronavirus

IT major Wipro Ltd on Wednesday posted nearly 6 percent decline in consolidated net profit to Rs 2,345.2 crore for January-March 2020 quarter, and suspended revenue growth guidance due to uncertainty in the external environment amid coronavirus pandemic

Coronavirus Outbreak: Nasscom urges Centre to reimburse 'paid leave' given to staff during lockdown

IT and ITeS industry body Nasscom has urged the Centre to reimburse the payroll cost of employees who were on "paid leave" on account of any COVID-19 related lockdown measures till 31 March, 2021, among other concessions and facilities

Coronavirus Outbreak: Which sectors will bounce back, which will take time post-lockdown, experts weigh in

Sectors that depend on people's behaviour would take the longest time to recover after the end of the lockdown period, while those curbed by the government to contain the spread of coronavirus are set for a bounce-back immediately after the restrictions are removed, say experts

Wipro Q3 net profit dips 2.17% to Rs 2,456 cr; company expects IT services revenues of $2.1 bn in Q4

IT services major Wipro on Tuesday posted 2.17 percent dip in consolidated net profit to Rs 2,455.9 crore for December 2019 quarter

Massive H-1B visa denial rates for Indian IT companies under Trump administration, says report

As a result of the more restrictive Trump Administration policies, denial rates for H-1B petitions have increased significantly from just six percent in 2015 to 24 percent in the third quarter of the current fiscal, a study carried out by an American think-tank has showed

Wipro September quarter net profit jumps 35% to Rs 2,552 cr, beats estimates; revenue up 4%

Wipro reported a better-than-expected September-quarter profit on Tuesday, as the Indian software exporter managed to withstand a global spending squeeze among its financial clients that has hurt the sector overall

TCS vs Infosys: While Tata's flagship firm's earnings disappoint Street, Infosys marginally ahead of estimates; Q2 analysis in 6 charts

On the rupee revenue front, both TCS and Infosys had reported record numbers at least in 22 quarters

HCL Tech net profit falls 8.2% to Rs 2,230 cr in June quarter; revenue up 18.3% to Rs 16,427 cr

IT major HCL Technologies on Wednesday posted a 8.2 percent decline in its consolidated net profit to Rs 2,230 crore for the quarter ended 30 June

Tech Mahindra Q1 net profit rises 6.8% to Rs 959 cr; total income up 7.2% to Rs 8,994 cr

IT company Tech Mahindra posted a 6.8 percent increase in net profit to Rs 959.3 crore for the first quarter of 2019-20 compared to Rs 897.9 crore in the same quarter of last year