Wipro And Infosys

US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.

Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report

Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.

Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru

As many as 18 stocks in the Sensex were in the negative territory, with most of the IT shares, including Infosys, Tata Consultancy Services and Wipro slipping in the morning session.

Among Sensex shares, Ultratech Cement, SBI, IndusInd Bank, Axis Bank, HDFC Bank, Kotak Bank, L&T, Reliance Industries,Tech Mahindra, Wipro, Infosys and TCS were the major losers.

Wipro, HCL Technologies, Bajaj Finance, Bajaj Finserv, UltraTech Cement, Infosys, Tata Consultancy Services, Kotak Mahindra Bank, Tech Mahindra and State Bank of India were among the major winners.

The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.

Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees

India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...

The Indian equity benchmarks surged on Thursday led by gains in Bajaj Finance, Infosys, Bajaj Finserv and Wipro on positive global cues.

The domestic stock markets are likely to trade cautiously on Wednesday, taking cues from the global markets.

The broader markets also ended strong, with the BSE Midcap index and BSE Smallcap index adding 0.5 per cent each

The domestic stock markets opened at record highs on Thursday taking cuesfrom the global markets. Asian stock markets rose, the US dollar eased and longer-dated bonds rallied as investors reckoned on inflation bringing forward rate hikes around the world.

Overnight, the S&P 500 and Nasdaq ended higher on Wednesday led by gains in Amazon.com and Microsoft, but JPMorgan shares fell along with other bank shares

US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.

Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report

Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.

Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru

As many as 18 stocks in the Sensex were in the negative territory, with most of the IT shares, including Infosys, Tata Consultancy Services and Wipro slipping in the morning session.

Among Sensex shares, Ultratech Cement, SBI, IndusInd Bank, Axis Bank, HDFC Bank, Kotak Bank, L&T, Reliance Industries,Tech Mahindra, Wipro, Infosys and TCS were the major losers.

Wipro, HCL Technologies, Bajaj Finance, Bajaj Finserv, UltraTech Cement, Infosys, Tata Consultancy Services, Kotak Mahindra Bank, Tech Mahindra and State Bank of India were among the major winners.

The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.

Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees

India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...

The Indian equity benchmarks surged on Thursday led by gains in Bajaj Finance, Infosys, Bajaj Finserv and Wipro on positive global cues.

The domestic stock markets are likely to trade cautiously on Wednesday, taking cues from the global markets.

The broader markets also ended strong, with the BSE Midcap index and BSE Smallcap index adding 0.5 per cent each

The domestic stock markets opened at record highs on Thursday taking cuesfrom the global markets. Asian stock markets rose, the US dollar eased and longer-dated bonds rallied as investors reckoned on inflation bringing forward rate hikes around the world.

Overnight, the S&P 500 and Nasdaq ended higher on Wednesday led by gains in Amazon.com and Microsoft, but JPMorgan shares fell along with other bank shares