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wipro will miss opportunity if 100% of revenue is not digital in 3 yrs: ceo




wipro is one of the very few companies that derive a large chunk of their revenues from the ‘digital’ side. internally, it has been pushing for ‘automation’. however, when it comes to profitability, the bengaluru-based company has a long way to go. in an interview with bibhu ranjan mishra an...



wipro q2 profit up 5.6% to rs 2,189 cr, beats estimates




wipro, india’s third largest software exporter said second quarter profits grew 5.6% to ~2189.5 crore, beating street estimates on the back of improved efficiency and growing business from customers for its digital offerings.  however, it saw revenue dip by 2.5% to rs 13,423 crore as income from ...



captives expanding in india is good for us: wipro




it service major wipro says the rise in captives expanding their operations in india is an opportunity that would help deepen relationships with clients and offer services and solutions at competitive costs. india is witnessing a second wave of global firms looking to expand their captives and cut o...



captives expanding in india is good for us: wipro




it service major wipro says the rise in captives expanding their operations in india is an opportunity that would help deepen relationships with clients and offer services and solutions at competitive costs. india is witnessing a second wave of global firms looking to expand their captives and cut o...



infosys, wipro lay off 1% of staff in six months




the fear of job losses is slowly becoming a reality as two of the top five it firms based in bengaluru reduced their headcount by 1% in the first six months of the current financial year.hit by the slowdown in spends across the world, india’s second and third largest it companies — infosys and w...



wipro q3 net drops 12% to rs 19.3 bn q-o-q; it services margin at 14.8%




consolidated profit of it major wipro ltd dropped 12 per cent to rs 19.3 billion for the quarter ended december 2017 as against rs 21.89 billion in the previous quarter. however, revenue from operations rose 2 per cent to rs 136.69 billion as against rs 134.23 billion in september 2017. the company ...



wipro gets bio attack threat email, steps up security




it major wipro today said it has augmented security measures at all its office locations after receiving a "threatening letter from an unidentified source"."wipro confirms that it has filed a complaint with the local law enforcement authorities after receiving a threatening letter from an unidentifi...



wipro to expand operations in london, to set up third office




indian software major wipro on wednesday said it was opening its third office in london to offer digital print on demand (pod) services to its regional customers. "the new office near the broadgate circle will be in addition to our two offices on city road and sheldon square in london, with 1,800 em...



it firms tap start-ups for digital tech




big indian it firms such as wipro, infosys and hcl technologies are stepping up their acquisition and investment in start-ups to bridge digital technology gap.  automation and cloud are the most sought-after areas for indian it services firms to invest and acquire, global research firm cb insights ...



wipro faces $140-mn lawsuit from national grid us over erp implementation




wipro ltd, india's no.3 software exporter, said on friday that it would challenge a lawsuit filed by national grid us seeking damages of over $140 million related to a project that dates back to 2009. the lawsuit was filed by the american unit of british electricity and gas utility major national gr...



wipro's revenue from top 10 clients on the decline




ayan pramanik  |  bengaluru  june 3, 2017 last updated at 22:33 ist



q2 miss an opportunity to stock up upl




even as upl’s (earlier united phosphorus) india business continues to do well, the lower growth in export markets and adverse currency movements affected its september quarter performance. this led to lower than expected revenue. with expectations on revenue growth in fy18 also coming down, the st...



indian it sector sees new growth drivers in mid-tier firms




the information technology (it) services sector is seeing emerging growth leaders among midsize companies, such as l&t infotech, hexaware technologies and cyient. these, say analysts, are among those reporting higher growth than larger peers. large companies such as tata consultancy services (tcs), ...



street signs: arbitrage opportunity in wipro




samie modak & pavan burugula  july 23, 2017 last updated at 23:16 ist



wipro receives second threat email, beefs up security




it major wipro today said it has reinforced security measures at all its office locations after receiving a second threat email, but there was no impact on the company's operations."wipro confirms that it has received a second threatening e-mail.... there is no impact on the company’s operations,"...



u.s. latin music revenues up 44 percent in first half of 2017




unsurprisingly, given the record-breaking success of luis fonsi and daddy yankee's song of the summer "despacito," latin music revenue in the united states is up 44 percent in the first half of 2017 over the same period last year, according to the riaa, reaching $115 million. overall, 82 percent of ...



amazon is catching up to become a leading player in digital advertising




amazon is now leading when it comes to digital revenue generation in the us. although not traditionally considered as a digital advertising firm, emarketer predicts that the ecommerce company’s advertising revenues will total $1.65 billion in 2017.that of course is nowhere near google and facebook...



tata consultancy services: a permanent solution needed to address rising cash pi




wipro: balancing m&a and shareholder returnsbusiness standardunlike peers wipro and infosys, tcs has been more cautious about mergers and acquisitionsshivani shinde nadhe  march 13, 2017 last updated at 00:16 isthttp://mybs.in/2uubyqm



wipro gets bio attack threat email




wipro, india’s third largest it services company, on saturday registered a formal complaint with the cyber crime cell of bengaluru police after receiving a bio attack threat email demanding rs 500 crore in digital currency bitcoin as ransom.the company’s reception on friday morning received an a...



wipro's headcount declines by over 3k in 3 months




in line with the layoffs plaguing it industry, india's third largest it company wipro has reduced its head count by over 3,000 in the second quarter.the company, that had 1,66,790 people working under it at the end of june quarter, saw its workforce down by 3,031 (1.8%) to 1,63,759 at the end of the...



it majors might disappoint in sept quarter




the july-september quarter is usually a strong period for india's top information technology (it) service companies but this one is likely to be different. analysts estimate the sequential revenue growth on a constant currency basis in that quarter for the top five it companies at no more than two t...



over half (54%) of us digital advertising expenditure attributed to mobile




digital advertising revenue in the us increased to a whopping $40.1 billion for the first half of 2017, representing a 23% increase from 2016. that’s according to the interactive advertising bureau (iab)advertising revenue report prepared by pwc us.over half (54%) of digital ad revenues were attri...



accenture's net revenue rises 4.7%




shapoorji sees opportunity amid realty slowdown, to launch a dozen projectsbusiness standardnet revenue rose to $8.32 billion from $7.95 billionreuters  march 23, 2017 last updated at 20:23 isthttp://mybs.in/2uugcpo



wipro is hiring: jobs on offer and how to apply online




as a brand, wipro ltd. is a known name amongst those who are looking for new openings especially in the it industry. wipro has come up with a host of open profiles all across india, and at the moment, the recruitments for 2017 are open for freshers who have passed out in the years 2014 till 2017.her...



riaa report shows music industry continue to rebound thanks to streaming service




streaming music services such as apple music continue to contribute to the rebirth of the music industry. the recording industry association of america this week has released its mid-year update for 2017, showing continued growth thanks in large part to streaming services…spigen teka ra200 airpods...