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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:...

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Large deal booking at $2.9Bn, grew 90.5% YoY, overall deal bookings at $4.7Bn Revenue grew 0.3% QoQ in CC terms; Net income growth of 1.2% YoY Q2'26 adjusted operating margin at 17.2%, expands 0.4% YoY Operating cash flows at 103.8% of net incomeEAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)--$WIPRO #DigitalTransformation--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 ended September 30, 2025. Highlights of the Results Results for the Quarter ended September 30, 2025: Gross revenue at Rs 227.0 billion ($2,556.6 million1), increase of 2.5% QoQ and 1.8% YoY. IT services segment revenue was at $2,604.3 million, increase of 0.7% QoQ and decrease of 2.1% YoY. Non-GAAP2 constant currency IT Services segment revenue increased 0.3% QoQ and decreased 2.6% YoY. Total bookings3 was at $4,688 million, down by 6.1% QoQ and up by 30.9% YoY in constan...

Wipro Ltd (WIT) reported Q2 gross revenue of 227.0 billion rupees, up 1.8% YoY. IT services revenue declined by 2.1%. read more...

Wipro announced a modest net profit increase of Rs 3,246.2 crore for the July-September quarter, a slight rise from the previous year. Revenue also saw a 1.7% uptick to Rs 22,697.3 crore. CEO Srini Pallia highlighted strengthening revenue momentum, particularly in Europe and APMEA, and a clear strategy focused on AI leadership and client resilience in a shifting global landscape....

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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:...

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)--$WIPRO #AI--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, will announce results for the second quarter ended September 30, 2025, on Thursday, October 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: 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=WIP16102025 Dial-in details for the conference call are as below Time 7:00 PM - IST* (9:30 AM-ET#) Click here for the diamond pass link Diamond Pass™ is a Premium Service that enables ...

Indian IT stocks experienced a decline for the third consecutive day. This downturn is attributed to worries surrounding a sharp increase in US H-1B visa fees. The BSE IT index saw a drop. Several major IT companies, including Mastek, Wipro, TCS and Infosys, experienced losses. The broader market also felt the impact, with both the Sensex and Nifty falling....

Investors shed shares of IT outsourcing firms of all sizes, including Infosys, Tech Mahindra, Wipro, HCL Technologies and Tata Consultancy Services....

Indian IT stocks plummeted as the US government's unprecedented H-1B visa fee hike of $100,000 rattled the $283 billion industry. The Nifty IT index plunged over 3%, with Tech Mahindra, Persistent Systems, and other mid-tier firms taking the biggest hit. Investors are concerned about rising costs and squeezed margins amidst a global demand slowdown, potentially derailing any recovery....

Indian IT giants like TCS, Infosys, HCLTech, and Wipro are eyeing a substantial $13 billion in contract renewals by December, potentially exceeding last year's $14 billion. Clients are pushing for cost savings and AI-driven efficiencies, influencing deal constructs. While mega deals remain strong, BPO deal sizes are shrinking due to cautious spending amid global economic uncertainties....

Wipro expands collaboration with CrowdStrike to introduce CyberShieldSM MDR, a managed security service that streamlines operations with AI and automation. read more...

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BOSTON & LONDON--(BUSINESS WIRE)--PAN, a global integrated data-driven marketing and PR firm for B2B tech and healthcare brands, today announced the appointment of Catherine Coffey as Managing Director of its UK operations. This leadership addition marks a significant step in advancing PAN's global focus, which has seen undeniable momentum in the past year. With this move, PAN builds upon its mission to connect teams and clients across North America and EMEA. A skilled leader with more than 20 years of experience in PR and communications for technology brands, Coffey joins PAN from Burson (formerly Hill+Knowlton Strategies), where she played a pivotal role in the growth of the UK technology practice. Known for her compassionate, high-energy leadership style, she brings a proven track record in leading multi-market, integrated campaigns for global B2B and consumer technology clients, such as Dell Technologies, HONOR, and Wipro. “PAN's people-first culture and global vision align perfectly with how I le...

Die Übernahme erweitert das Angebot und die Kompetenzen von Wipro im Bereich Engineering und F&E durch die Erweiterung seiner KI-gestützten digitalen Engineering- und Gerätetechnik — einschließlich Design bis Fertigung — in den Bereichen Technologie, Industrie, Luft- und Raumfahrt, Gesundheitswesen und Konsumgüter.EAST BRUNSWICK, N.J. & BENGALURU, Indien--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), ein führendes Unternehmen für KI-gestützte Technologiedienstleistungen und Beratung, gab heute eine Vereinbarung zur Übernahme des Geschäftsbereichs Digital Transformation Solutions (DTS) von HARMAN, einem Unternehmen von Samsung, bekannt. Durch diese Transaktion wird Wipro seine Mission, Engineering-Forschungs- und Entwicklungsdienstleistungen („Engineering Research & Development“, ER&D) der nächsten Generation anzubieten, weiter vorantreiben. Im Rahmen der Vereinbarung werden nach Abschluss der Transaktion mehr als 5.600 DTS-Mitarbeiter, darunter wichtige Führungsk...

The acquisition expands Wipro's ER&D service offerings and capabilities by enhancing its AI-powered digital engineering and device engineering—including design-to-manufacturing—across technology, industrial, aerospace, healthcare, and consumer industriesEAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)--$WIPRO #AI--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced that it has entered into an agreement to acquire the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, in a transaction that will accelerate Wipro's mission to deliver next-generation engineering research & development (ER&D) services. As part of the agreement, over 5,600 DTS employees, including key leadership, across the Americas, Europe and Asia will transition to Wipro upon closing of the transaction. The acquisition is subject to regulatory approvals and is expected to close by December 31, 2025. “Welcoming DTS ...

Insourcing und KI-Nutzung bereiten den großen indischen IT-Dienstleistern Probleme. Bisherige Wachstumsmodelle geraten dadurch unter Druck. (Wirtschaft, KI)...

Tata Consultancy Services plans a workforce reduction of 2 percent, impacting approximately 12,000 jobs. This decision follows weak discretionary spending and economic concerns. The Nifty IT index experienced a dip. Other IT stocks, including Wipro and Infosys, also faced declines. TCS assures careful handling of the transition, providing support to affected employees. The company's updated bench policy faces scrutiny....