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03.06.25 - 14:03
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Thoughtworks Appoints Amit Choudhary as Chief Operating Officer (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Thoughtworks, a global technology consultancy that integrates design, engineering and AI to drive digital innovation, announced the appointment of Amit Choudhary as its new Chief Operating Officer (COO), effective immediately.
Amit brings nearly three decades of international experience spanning services, software and solutions. He has held senior leadership roles across global enterprises, most recently serving as Chief Operating Officer at Wipro, where he led consulting service lines, sponsored strategic client relationships and spearheaded transformation initiatives across sales, delivery and internal functions. Prior to Wipro, Amit worked at Capgemini and the Boston Consulting Group.
“We're delighted to welcome Amit to Thoughtworks,” said Mike Sutcliff, Chief Executive Officer of Thoughtworks. “The COO role is critical as we scale our operations globally and become future ready. Amit's leadership experience in strengthening client-centric organizations, his ability to...
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02.06.25 - 20:00
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Infosys CEO Salil Parekh′s pay jumps 21.6% to Rs 80.62 crore in FY25 (Times of India)
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Infosys CEO Salil Parekh's FY25 compensation surged to Rs 80.62 crore, a 21.6% increase driven by exercised stock options. This contrasts with Wipro CEO's $6.2 million and TCS CEO's Rs 26.52 crore earnings. While Infosys reported a modest 1.8% rise in annual net profit and surpassed revenue guidance, Q4 saw an 11.7% profit decline....
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16.05.25 - 21:24
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IT salaries rise 12-37% since FY21, linked to business growth (Times of India)
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Indian IT firms like Infosys and Wipro have seen median salary growth of around 30% since FY21, reaching approximately Rs 10 lakh. Global companies Cognizant and Accenture experienced increases of 12% and 17.5% respectively. However, growth rates have generally declined across the industry, influenced by factors like competitive intensity and inflation....
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17.04.25 - 03:42
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Wipro′s revenue drops 1.2% in Q4 on client caution (Times of India)
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Wipro's performance was impacted by market uncertainties, leading to a cautious approach from clients despite a strong demand for transformation projects. The company's Q4 results disappointed investors, causing a stock price decline. CEO Srini Pallia noted that clients are prioritizing cost reduction and AI-led efficiency amid the uncertain macro environment, impacting large transformation programs....
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16.04.25 - 17:15
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Wipro Announces Results for the Quarter and Year Ended March 31, 2025 (Business Wire)
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Net income grew 6.4% QoQ in Q4'25 and grew 18.9% YoY for FY'25
FY'25 margin at 17.1%, expands 0.9%, Q4 margin at 17.5%, expands 1.1% YoY
Large deal booking grew 48.5% YoY in Q4'25 and grew 17.5% YoY for FY'25
Operating cash flow at 104.4% of net income for Q4'25 and 128.2% for FY'25
EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)--$WIPRO #IFRS--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2025.
Highlights of the Results
Results for the Quarter ended March 31, 2025:
Gross revenue at Rs 225.0 billion ($2,634.2 million1), an increase of 0.8% QoQ and 1.3% YoY.
IT services segment revenue was at $2,596.5 million, decrease of 1.2% QoQ and 2.3% YoY.
Non-GAAP2 constant currency IT Services segment revenue decreased 0.8% QoQ and 1.2% YoY.
Total bookings3 was at $3,955 million, up by 13.4% QoQ in constant currency2....
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16.04.25 - 16:36
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Wipro reports 25.9% increase in net profit amid cautious Q1FY26 forecast (Times of India)
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Wipro announced a rise in net profit for the March quarter. The IT giant's profit increased by 25.9 percent. However, the company anticipates a revenue decline in the upcoming quarter. This forecast reflects global economic uncertainties. Despite challenges, Wipro secured large deals and improved client satisfaction. The company's employee count saw a slight increase. Wipro declared an interim dividend....
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15.04.25 - 04:00
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′Software-defined vehicles more safe & economical′ (Times of India)
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Wipro CEO Srini Pallia showcased their cloud car ecosystem powered automotive prototype in Bengaluru, highlighting the company's advancements in software-defined vehicles (SDV). The AI-driven solutions aim to set new benchmarks in the automotive sector, emphasizing durability, performance, and sustainability. This platform offers automakers an integrated, cloud-native software solution with robust cybersecurity, enabling faster innovation at reduced costs....
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15.04.25 - 03:24
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What next? Dalal Street seeks direction amid tariff chaos (Times of India)
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Dalal Street faces a truncated trading week influenced by tariff developments, US bond yields, FPI activity, and corporate earnings. Volatility is expected to persist despite potential easing in the US-China trade war. Investors will closely monitor Infosys, Wipro, HDFC Bank, and ICICI Bank results after TCS's underwhelming performance, alongside commodity market trends, particularly Goldman Sachs' revised gold price target....
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14.04.25 - 06:30
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Stock Markets closed on April 14 for Ambedkar Jayanti (Times of India)
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Indian stock exchanges will be closed on Monday for Dr BR Ambedkar Jayanti. Last week, the markets closed positively, recovering from an initial decline triggered by US-China tariff concerns. Investors are now awaiting corporate earnings reports from major companies like Wipro, Infosys, HDFC Bank, and ICICI Bank in the holiday-shortened week....
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07.04.25 - 14:12
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Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2025, on April 16, 2025 (Business Wire)
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EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)--$WIPRO #Investors--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) a leading technology services and consulting company, will announce results for the fourth quarter ended March 31, 2025, on Wednesday, April 16, 2025, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/.
At 7:00 PM IST* (9:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (9:00 AM US Eastern time) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com.
The audio from the conference call will be available online through a webcast and can be accessed at https://links.ccwebcast.com/?EventId=WIP160425.
Dial-in details for the conference call are as below
Time
7:00 PM - IST* (9:30 AM-ET#)
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