Business  /  Published 21.09.22

Moonlighting: Wipro fires 300 employees

Wipro Ltd has sacked some 300 employees for 'moonlighting' as the IT services firm toughens its stand against staffers taking a second job after work hours. Its chairman Rishad Premji, who ha...
By PTI in New Delhi

Business  /  Published 06.09.22

Narayan picked first CEO of Haldia Petro

Haldia Petrochemicals Ltd (HPL) has appointed Navanit Narayan, who is the group chief executive officer of Lyca Mobile UK, as its CEO for three years. Narayan will join the board of HPL, the flagship ...
By Sambit Saha in Calcutta

News  /  Published 26.08.22

Drop gate at Sector V Metro to work in tandem with Wipro crossing signal

A central consultancy tasked with easing pedestrian and vehicle movement around the Sector V Metro station has recommended installing drop gates that are dependent on awareness and the compliance leve...
By Snehal Sengupta in Salt Lake

Business  /  Published 23.08.22

Infosys cuts average variable pay

Infosys, India’s second-largest IT services company, has scaled back the average variable payout of employees to about 70 per cent for the June quarter amid a squeeze in margins and high employe...
By PTI in New Delhi

Business  /  Published 21.07.22

Wipro profit falls 21 per cent

Wipro on Wednesday missed Street estimates when it reported a 21 per cent fall in consolidated net profits for the quarter ended June 30. The Bangalore-based company reported a net profit of Rs 2,563....
By Our Special Correspondent in Mumbai


Business  /  Published 26.05.22

Ex Wipro chief to fund start-ups

US-based Dallas Venture Capital, founded in 2020 by Abidali Neemuchwala (former CEO of Wipro Limited) and entrepreneur Dayakar Puskoor, plans to invest about $130 million in enterprise focused SaaS (s...
By A Staff Reporter in Calcutta

Business  /  Published 30.04.22

4% rise in Wipro profits

Wipro on Friday posted a 4 per cent rise in consolidated net profit for the fourth quarter ended March 31, 2022 at Rs 3,092 crore compared with Rs 2,974 crore in the same quarter last year. Revenue f...
By Our Bureau in Calcutta

Business  /  Published 27.04.22

Wipro acquires SAP firm for Rs 4,135 crore

Wipro is acquiring SAP consultant Rizing Intermediate Holdings for $540 million, or Rs 4,135 crore, in an all-cash deal. Rizing, based in Stamford, US, is a SAP solutions provider and services partner...
By Our Special Correspondent in Mumbai

Business  /  Published 08.04.22

Investors on edge ahead of RBI policy call

Titan led the list of losers with its share cracking 3.24 per cent as investors expressed their disappointment over its business data for the January-March period. It was followed by the HDFC twins, P...
By Our Special Correspondent in Mumbai

News  /  Published 22.01.22

BIT Sindri techies get an insight into career, growth and life from Wipro HR

The institute organised a webinar which focused on how the emphasis of companies has shifted away from a narrow definition of expertise to a broader understanding of trans-disciplinary knowledge...
By Our Correspondent


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