AI Worries Weigh on IT Shares; Nifty IT Slumps Over 4%
Shares of IT giants such as Infosys, TCS, and Wipro fell around 4~5% on 12th February. This happened amid a fresh wave of anxiety that...
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Wipro to Overhaul Hachette UK’s IT Infrastructure
Wipro has signed a digital transformation deal with Hachette UK to modernise its IT systems using SAP S/4HANA. The system will be delivered through RISE...
Nifty IT Stocks Fall Up to 4% on Hawkish Fed
Technology stocks such as LTIMindtree and Wipro faced significant losses on 19th December following a more hawkish stance from the US Federal Reserve than anticipated....
Nifty IT Falls 3% as Powell Warns on Rate Cuts; TCS, Wipro Drop Over 3%
The Nifty IT index fell nearly 3% on 18th November after U.S. Federal Reserve Chair Jerome Powell stated there was no urgency to lower interest...
Wipro Partners with New York Airport to Cut Emissions by 50% in Six Years
Wipro announced today that it has been enlisted by JFK International Air Terminal (JFKIAT), the operator of Terminal 4 at John F. Kennedy International Airport,...
ITCONS e-Solutions Shares Hit 5% Upper Circuit on Bagging New Orders
Shares of ITCONS e-Solutions Ltd hit the 5% upper circuit and hit a 52-week high of Rs 497.70 on 4 September after the company announced...
Applications and Use of Artificial Intelligence Helping Indian IT Companies Boost Development and Productivity
The healthcare sector rapidly adopts AI, particularly GenAI, to improve operations. Companies like Accenture, TCS, Infosys, Wipro, and Tech Mahindra are integrating AI into their...
Wipro Shares Hit 52-Week High on Q3 Report
Shares of Wipro hit a 52-week high of Rs 529 on 15 January after the company announced its quarterly report for October-December. The company reported...
Wipro Shares Rally 4% as Company Signs Agreement to Enhance Usage of Renewable Energy
Wipro shares rallied 4% on 11 October as the company completed its equity share capital subscription of FPEL Ujwal, which is a renewable energy company....
Wipro’s Net Profit Rises by 11.9% to Rs 2,870 Crore with Revenue Up by 6% in Q1 Results
Wipro Ltd, on Thursday, in its Q1FY24 filing, reported an 11.9% increase in net profit to Rs 2,870.1 crore, as compared to Rs 2,563.6 crore...