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Wipro Bonus Issue: IT major's board recommend issuance of 1:1 bonus share - Check Details

Wipro Bonus Issue: IT major's board recommend issuance of 1:1 bonus share - Check Details

Thu, Oct 17, 2024

Meanwhile, the company has reported a 21 per cent rise in the net profit for Q2FY25. Net profit of the company increased from Rs 2646 crore to Rs 3209 crore for the September quarter (YoY).

Wipro to mull bonus share issuance after 5 years; stock gains 3%

Wipro to mull bonus share issuance after 5 years; stock gains 3%

Mon, Oct 14, 2024

Wipro shares gained substantially as the company announced that it may mull bonus share issuance in its upcoming board meet.

Wipro to consider issuing bonus shares ahead of Q2 earnings

Wipro to consider issuing bonus shares ahead of Q2 earnings

Mon, Oct 14, 2024

IT firm Wipro on Sunday said its board of directors will consider the issue of bonus shares at a meeting scheduled to be held on October 16-17, 2024. Wipro is set to announce its Q2 FY25 results on October 17, 2024.

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Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Fri, Aug 18, 2017

Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.

No change in share buyback plan after Sikka's resignation, Infosys says

No change in share buyback plan after Sikka's resignation, Infosys says

Fri, Aug 18, 2017

On August 17, Infosys share rose to as much as 5% after the company stated it will consider the share buyback proposal in its meeting to be held on August 19, 2017.

10 Indian CEOs who took home salaries up to Rs 60 crore in FY17

10 Indian CEOs who took home salaries up to Rs 60 crore in FY17

Mon, Jul 24, 2017

Zeebiz collates and lists salaries of CEO's in India after a report revealed that higher management earned up to 1200 times more than other employees.

Wipro has invested heavily in data: CEO Neemuchwala

Wipro has invested heavily in data: CEO Neemuchwala

Sun, Jul 23, 2017

Data is going to be the currency of the future and the company has invested heavily in it, Wipro CEO Abidali Neemuchwala has said.

Despite muted performance in Q1FY18, TCS, Wipro, Infosys met estimates

Despite muted performance in Q1FY18, TCS, Wipro, Infosys met estimates

Fri, Jul 21, 2017

According to analysts, Tata Consultancy, Wipro and Infosys were expected to report muted financial performance for the April- June quarter, with margins coming under pressure on account of rupee appreciation and wage revision.

Wipro announces up to $1.7 billion share buyback as second-quarter forecast disappoints

Wipro announces up to $1.7 billion share buyback as second-quarter forecast disappoints

Fri, Jul 21, 2017

Wipro Ltd, India`s third-largest software services exporter, announced an up to 110 billion rupee ($1.71 billion) share buyback on Thursday, overshadowing a tepid revenue forecast that fell short of market expectations.

Wipro reports muted Q1FY18, sees revenue at $2 billion in Q2FY18

Wipro reports muted Q1FY18, sees revenue at $2 billion in Q2FY18

Thu, Jul 20, 2017

On consolidated basis, Wipro reported a net profit of Rs 2082.6 crore as against Rs 2059 crore in Q1FY17.

What will Wipro's Q1FY18 be like? Analysts ponder

What will Wipro's Q1FY18 be like? Analysts ponder

Wed, Jul 19, 2017

Wipro's peers TCS and Infosys Q1FY18 performance was hampered by strong rupee and wage hike. It would be interesting to see how Wipro performs this Q1.

Expect Q1 performance of IT cos to be muted, say experts

Expect Q1 performance of IT cos to be muted, say experts

Sun, Jul 09, 2017

Indian tech majors will announce their financial results this week, starting with Tata Consultancy Services on July 13.

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Mon, Jun 26, 2017

The sale of Snapdeal to Flipkart is witnessing delays on account of complex due diligence process and small investors asking greater clarity on its terms of sale. However, the sale is expected to be concluded by July this year.

H1-B Visa: Can PM Modi change President Trump's mind?

H1-B Visa: Can PM Modi change President Trump's mind?

Sat, Jun 24, 2017

Indian IT not H-1B dependent, says Infosys CEO

Indian IT not H-1B dependent, says Infosys CEO

Thu, Jun 22, 2017

Sikka also believes that the Indian IT companies need to grab the opportunities provided by new technologies like artificial intelligence in a big way to retain its global leadership edge in this fast changing infotech environment.

Infosys appoints Inderpreet Sawhney from Wipro as group general counsel

Infosys appoints Inderpreet Sawhney from Wipro as group general counsel

Fri, Jun 16, 2017

Infosys has announced key appointments on Friday. It has appointed former Wipro executive Inderpreet Sawhney as its group general counse. Besides, the company has appointed Karmesh Vaswani as the global head for retail, CPG and logistics (RCL) while Nitesh Banga as head for manufacturing.

Wipro stock falls over 1% in early trade after co says date for ADR bonus issue not decided

Wipro stock falls over 1% in early trade after co says date for ADR bonus issue not decided

Tue, Jun 13, 2017

The stock of Wipro was trading low at 1.15% to Rs 258.80 in the early morning trade on Tuesday a day after it said that it was yet determine the payable date and ex-dividend date for its ADR bonus issue.

US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro

US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro

Fri, Jun 09, 2017

India's homegrown IT major Wipro in its filing to the US Securities and Exchange Commission said the US president Donald Trump's administration and regulations could be a potential threat to its growth.

Wipro calls Trump policies' dangerous in its annual filing; IDRA rejects merger of HDFC, Max Life

Fri, Jun 09, 2017

This segment of Share Bazaar brings to you the updates about Wipro calling Donald Trump and his policies dangerous, selling of promoters' stakes in Infosys and rejection of merger of HDFC Life and Max Life by IRDA Watch video to get complete information.

Wipro Chief Azim Premji denies media report on sale of stake

Wipro Chief Azim Premji denies media report on sale of stake

Tue, Jun 06, 2017

Wipro chairman Azim Premji has denied the latest media report on stake sale in the IT company and termed the news article reportedly published in this regard as "baseless and malicious."

Top seven Indian companies receive less H-1B visas in 2016

Top seven Indian companies receive less H-1B visas in 2016

Tue, Jun 06, 2017

Top seven Indian-based outsourcing companies in the US received fewer H-1B visas in 2016 as compared to 2015, and as a group their numbers dropped 37 %, according to a new report.

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Mon, Jun 05, 2017

Premji's package included USD 66,464 in salary and allowances and USD 41,742 (others) and USD 13,647 in long-term compensation (deferred benefit - company's contribution to the Provident Fund and Pension Fund), totalling to USD 121,853 for the year 2016-17, as per documents with the US SEC.

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

Fri, Jun 02, 2017

Speaking to a news channel on the ongoing layoffs into the IT industry, Infosys co-founder N R Narayana Murthy said that it was possible for all IT companies to protect the jobs of youngsters if their senior management executives take some salary cuts.

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